Homes for Sale in Five Points, Raleigh NC
About Five Points
This is a very popular historic area “inside the beltline” of downtown Raleigh, NC. Five Points is listed on the National Register of Historic Places Travel Itinerary. It is comprised of a cluster of neighborhoods around the Five Points intersection of Glenwood Avenue, Fairview, and Whitaker Mill Roads. Five Points was developed in the late 1910s through 1950s. Developers first platted the neighborhoods of Hayes Barton, Bloomsbury, Georgetown, Vanguard Park, and Roanoke Park in the 1910s through the early 1920s. Each neighborhood has a distinct character, created by a combination of its particular location, deed restrictions, and period of development. Hayes Barton, one of the last of the group to be platted, actually developed first. The location was adjacent to the then streetcar line but away from the railroad line to the east. Deed restrictions resulted in large, prestigious houses. Bloomsbury and Roanoke Park developed in the 1920s, with construction in the latter continuing into the 1930s. Vanguard Park developed in the recovery years after the Great Depression after 1935, while most construction in Georgetown occurred after World War II.
History of Five Points
As Raleigh’s first group of suburban developments filled, a second wave began on the prime real estate bordering the Glenwood Avenue streetcar line downtown out to Bloomsbury Park. Carolina Power and Light built an amusement park in 1918 to attract riders to the streetcar line and to tout the wonders of electricity. Spread out beneath eight thousand glowing light bulbs were a penny arcade, roller coaster, carousel, and other amusements. In the meantime, the land on either side of the streetcar line got plenty of exposure for the pleasure seekers riding it.
Parts of Bloomsbury and Georgetown were platted first, although development in those areas was largely delayed until the 1920s or later. Similarly, Vanguard Park was laid out in 1915 but twenty years passed before the bulk of construction filled the development with houses. Construction in Hayes Barton and Roanoke Park, however took off immediately. Construction in Bloomsbury was brisk in the 1920’s as well. Houses ranged from grand Colonial Revival, Georgian Revival, Tudor Revival, and other nationally popular eclectic designs in Hayes Barton to commodious Craftsman or Classical Revival Foursquares and modest bungalows with Craftsman detailing in Bloomsbury and Roanoke Park. In the post-Depression Recovery era of the later 1930s and the post-war period of the late 1940s, houses were more modest still, with simplified architectural embellishment and compact, efficient floor plans. Such houses are more common in Georgetown and Vanguard Park.
All five neighborhoods were nearly built out as the twentieth century reached its midpoint. A few 1950’s examples of the Ranch house exist as slightly later infill. The individually significant Rothstein House, designed by Raleigh architect G. Milton Small, went up on a large lot in the southern portion of Hayes Barton in 1959.
Homes in Five Points
Most of the homes in Five Points that go up for sale have undergone major renovations. You’ll get good solid older bones with a young refreshed look, especially on the inside. But there is also some new construction occurring, all designed to fit in the area. There is a price to pay to live inside the beltline. especially in the Five Points area with it’s convenience of being able to walk to parks, great restaurants, a growing population of local craft breweries and night life. Homes can be found starting in the low $200’s up to well over $1Mil . The square footages can range from an 1100 sq. foot, 2 bedroom ranch up to over 4000 sq. ft. Scroll down to view all homes currently for sale in the Five Points area. Homes shown are subject to frequent change so bookmark this page to review again.
For more information on Five Points, please contact area real estate professional Ernie Behrle with BuySmart Realty at 919-795-5447 or use the form below.
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