5515 Gray Rd, Timberlake, NC 27583
OFF MARKET

$554,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 864 sqft (on 41.81 acres)

5515 Gray Rd, Timberlake, NC 27583

Est. Refi. Payment $3,314/mo*
Refinance Your Home

Home Value

Trulia Estimate
$555K
Since last month
Decreased$3K (-0.6%)
Since last year
Increased$111K (+24.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +371% in the last 10 years
MonthEstimated value
2026
September 2026$555K
August 2026$567K
July 2026$558K
June 2026$526K
May 2026$526K
April 2026$543K
March 2026$593K
February 2026$532K
January 2026$510K
2025
2024
2023
2022
2021
2020
2019
2018

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.51
Single-Family Home
$575,000
10/16/25
3
2
1,805
1.03
Single-Family Home
$250,000
05/12/26
3
1
1,255
1.09
Single-Family Home
$255,000
06/03/26
3
2
1,120
1.06
Single-Family Home
$453,000
06/30/26
3
2
2,133
1.03
Single-Family Home
$650,000
07/17/26
4
2.5
2,709
1.07
Single-Family Home
$449,900
06/03/26
3
2
2,205
0.88
Single-Family Home
$540,000
01/16/26
3
4.5
3,124
0.92
Single-Family Home
$527,500
12/03/25
4
3.5
2,540
1.33
Single-Family Home
$275,000
12/12/25
3
2
1,475
1.35
Single-Family Home
$330,000
11/04/25
3
2
1,441

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.43
-
-
-
-
Off Market
0.43
-
-
-
-
Off Market
0.51
$580,900
3
2
1,805
Off Market
0.71
$580,800
4
3.5
2,703
Off Market
0.88
$540,000
3
4.5
3,124
Recently Sold
0.92
$527,500
4
3.5
2,540
Recently Sold
1.02
$230,000
-
-
-
For Sale
1.03
$250,000
3
1
1,255
Recently Sold
1.03
$650,000
4
2.5
2,709
Recently Sold
1.02
$306,500
3
2
1,064
Off Market
1.06
$317,600
3
1.5
1,176
Off Market
1.06
$420,000
3
2
2,133
For Sale

Local Information

  • Map ViewExplore the area around 5515 Gray Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1970
41.81 acre lot
864 sqft
$642/sqft

About this House

This single-family home is located at 5515 Gray Rd, Timberlake, NC. 5515 Gray Rd is in Timberlake, NC and in ZIP code 27583. This property has 2 bedrooms, 1 bathroom and approximately 864 sqft of floor space. This property has a lot size of 41.81 acres and was built in 1970.
5515 Gray Rd, Timberlake, NC 27583 is a 2 bedroom, 1 bathroom, 864 sqft single-family home built in 1970. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $554,800, with a rent estimate of $1,371/month.

Home Details for 5515 Gray Rd

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Softwood, Other
Interior Details
Number of Rooms: 5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: MetalFoundation Type: Piers

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 41.81 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,090
$716,560
Home facts updated by county records

Market trends in Rougemont

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
24
4
MoM

What Locals Say about Rougemont

At least 8 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 92 % Say parking is easy

  • 87 % Say people would walk alone at night

  • 83 % Say it's quiet

  • 83 % Say they plan to stay for at least 5 years

  • 76 % Say neighbors are friendly

  • 73 % Say there's holiday spirit

  • 67 % Say it's dog friendly

  • 60 % Say kids play outside

  • 33 % Say there are community events

  • 13 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Scarboe
    "Everyone has acreage around here that is why there is no pick up after dogs. Small town feel. Neighbors there if you need them but don’t bother you otherwise?"
  • Justina B.
    "Love the wildlife and seclusion. I will say that unless you live in a subdivision there isn’t much for kids to do other than play in your yard. Houses are far in between. "
  • Scarboe
    "20-30 minutes to grocery stores, Walmart, fast food. Gas within 3 miles with small local convenience store."

LGBTQ Local Legal Protections

Frequently asked questions about 5515 Gray Rd

  • What is 5515 Gray Rd estimated to be worth?
    Trulia's estimated value for 5515 Gray Rd in Timberlake, NC is $554,800.
  • Is Timberlake a buyer's or seller's market?
    Timberlake is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Timberlake?
    Residents describe Timberlake, NC as well-kept, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Timberlake, NC.
  • What are the closest schools to 5515 Gray Rd?
    The closest schools to 5515 Gray Rd in Timberlake, NC are Orange High (rated 6/10), Orange Middle School (rated 5/10), Pathways Elementary (Pre-K, rated 7/10).
  • How big is the lot at 5515 Gray Rd?
    The lot at 5515 Gray Rd in Timberlake, NC is about 41.8 acres.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 5515 Gray Rd

Skip to last item
Skip to first item

Homes for sale near 5515 Gray Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item