Price Point: What $1.18 million gets you in the Triangle housing market
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.
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
This story was originally published April 26, 2023 at 8:00 AM with the headline "Price Point: What $1.18 million gets you in the Triangle housing market."
