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3806 Grey Harbor Dr APT 204, Raleigh, NC, 27616

2beds
2baths
1,309.92sqft
$245,000
$187price/sqft
$1,706/moest. monthly cost
$68,240/yrincome needed

About This Home

Step into a modern tri-level Raleigh condo designed for both comfort and style. The entryway sits on the first floor, offering a welcoming transition before you ascend to the main living spaces. Second-Floor Living Area: The heart of the home unfolds on the second level, where high ceilings create an airy, expansive atmosphere. A bright and inviting living room centers around a sleek gas-log fireplace, adding warmth and architectural interest. This level blends living, dining, and kitchen spaces in a way that feels open yet well-defined--perfect for everyday living or entertaining. Two well-appointed bedrooms and two full baths provide flexibility for guests, roommates, or a dedicated home office. Each space is designed with contemporary finishes and thoughtful layout choices that maximize comfort and privacy. At the top level, a versatile loft awaits--ideal as a bonus room, creative studio, media space, or quiet retreat. Elevated above the rest of the home, it offers a sense of separation while still feeling connected to the overall design.

Getting Around

52
WalkingSomewhat Walkable
42
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

5/10
Wakefield ElementaryGrades PK-56.4 mi
1/10
East Millbrook MiddleGrades 6-80.2 mi
7/10
Wake Forest High SchoolGrades 9-129.7 mi

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Shingle
  • Construction materials: Engineered Wood,Masonite

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Range
  • Laundry features: In Kitchen

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathtub/Shower Combination,Entrance Foyer,Living/Dining Room Combination,Walk-In Shower
  • Flooring: Carpet,Laminate,Linoleum
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,309

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,309
  • Total interior livable area: 1,309 sqft

Property

Details

  • Parcel number: 172611554825010 0149945
  • Special condition: Standard

Features

  • Levels: Tri-Level
  • Patio & porch: Porch
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: None

Lot

  • Features: Landscaped,Level

Parking

  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Tornado

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,238$14,856
Home Insurance *$90$1,080
Property Taxes $178$2,136
Electricity $200$2,405
Total$1,706$20,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,491/yr
40% on housing$51,180/yr
45% on housing$45,493/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 27616$160
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27616$194
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Price change$229,000
2026-03-24Listed for sale$245,000
2016-10-26Sold$77,000
2015-08-18Sold$54,639
2007-06-27Sold$85,000
1998-07-13Sold$69,500

For Sale by Agent

AgentMargaret McPhail
BrokerageMark Spain Real Estate

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