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Home » What $1.18M buys you in Triangle NC current housing market
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What $1.18M buys you in Triangle NC current housing market

Press RoomBy Press RoomApril 26, 2023No Comments3 Mins Read0 Views
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This week’s Price Point looks at homes that sold recently for around $1,800,000 and found choices in Northwest Raleigh, Durham and Wake Forest. At this end of the spectrum, all of the options are impressive with loads of square footage and amenities. Take a look.

Price Point

“Price Point” is a new N&O column aimed at offering a snapshot of the local real estate market. Each week, we’ll tell you about three houses on the market that are roughly the same price but located in different parts of the Triangle. It will also highlight how prices — and what you get for the money — can vary greatly across the region.

3315 Edgemont Drive, 27612

Sold: $1,175,000 on April 21

Single-family home with five bedrooms and four bathrooms on 0.26 acres

This 3,488-square-foot house is in Northwest Raleigh, about one mile north of UNC Rex Hospital. It’s about a 15-minute drive southeast to downtown Raleigh, and about a 25-minute drive northwest to Durham.

The house is advertised in “mint condition” with modern kitchen, quartz counters and functional island. The house also features a first-floor guest suite, two-car garage, screened-back porch and fenced backyard.

Year built: 2019

Price per square foot: $415

HOA fees: None

Taxes: $7,700 (estimated)

Last sold: 2019 for $758,000

Listed by: Marshall Rich, Rich Realty Group

62 Fairstone Court, Durham, 27713

Sold: $1,175,000 on April 20

Single-family home with six bedrooms and five bathrooms on .48 acres

This 4,265-square-foot house is on a cul-de-sac lot in Colvard Farms in Durham. It’s about a 22-minute drive north to downtown Durham, and about a 20-minute drive east to Morrisville.

The house features a three-car garage, stainless steel appliances, custom cabinetry, granite counters and screened porch. Community amenities include two miles of walking trails, tennis/pickle ball courts, swimming pool, clubhouse and playground.

Year built: 2006

Price per square foot: $275

HOA fees: $700 quarterly

Taxes: $5,706 (estimated)

Last sold: 2007 for $787,500

Listed by: Linda Martin, Coldwell Banker Advantage

1009 Harrison Ridge Road, Wake Forest, 27587

Sold: $1,179,000 on April 21

Single-family house with four bedrooms and four and a half bathrooms on .70 acres

This 3,746-square-foot house is on a cul-de-sac lot in Prescott Manor in Wake Forest. It’s about a 37-minute drive south to downtown Raleigh, and about a 29-minute drive southwest to Raleigh-Durham International Airport.

It features a first-floor owner’s suite, open-floor plan, modern kitchen, walk-in pantry, screened porch and three-car garage.

Year built: 2021

Price per square foot: $315

HOA fees: $80 monthly

Taxes: Not available

Last sold: 2021 for $930,000

Listed by: Dana Ellington, Compass — Raleigh

On the Market

Want to keep up with the latest Triangle real estate news? Subscribe to On the Market, The News & Observer’s weekly real estate newsletter and look for it in your inbox every Thursday morning. Sign up here. It’s free!



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