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1127 Platform Dr, Apex, NC, 27502

3beds
4baths
2,422sqft
$449,000
$185price/sqft
$2,923/moest. monthly cost
$116,920/yrincome needed

About This Home

Downtown Apex or Downtown Cary? Both are incredible options—and lately they seem to be trying to outdo each other. At 1127 Platform Drive, you don't have to choose. Located just a short walk from historic Downtown Apex and with convenient access to Cary, this property offers a unique balance of small-town charm and regional connectivity. Residents can enjoy local restaurants, boutiques, seasonal events, and the welcoming atmosphere that continues to make Apex one of the Triangle's most sought-after communities. What makes this location especially compelling is how closely it connects to the energy and investment happening around it. Downtown Apex is undergoing a major transformation through the highly anticipated Salem Streetscape project, which will introduce expanded pedestrian-friendly spaces, upgraded lighting, enhanced landscaping, improved gathering areas, and stronger connectivity throughout downtown. These improvements are designed to create an even more vibrant and accessible experience for residents and visitors alike. (Apex NC) Beyond downtown, Apex continues to see meaningful growth through new mixed-use developments, retail expansion, and long-term investment that supports both lifestyle and property value. (Raleigh News & Observer) For this particular home, that means more than just a great address. 1127 Platform Drive is a thoughtfully designed 3 bed, 3.5 bath townhome featuring flexible living space and an open-concept layout that makes everyday living and entertaining feel effortless. It combines the comfort of a residential setting with the ability to walk into downtown for dinner, meet friends at local events, enjoy nearby parks and greenways, or simply take advantage of the convenience that comes with being close to everything. The location supports both everyday living and long-term appeal. With the pool and clubhouse situated right behind the property and across the street, 1127 Platform Drive offers the opportunity to enjoy today's lifestyle while being positioned for everything tomorrow has in store.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

7/10
Baucom ElementaryGrades PK-50.6 mi
10/10
Apex MiddleGrades 6-81.0 mi
8/10
Apex HighGrades 9-120.5 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Fiber Cement

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,422

Heating & Cooling

  • Heating features: Forced Air,None
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,422
  • Total interior livable area: 2,422 sqft

Property

Details

  • Parcel number: 074215548570000 0462206
  • Zoning: PUD-C
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 2
  • Pool features: Community
  • Has view: Yes

Lot

  • Lot size: 2,178 sqft

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached,Open
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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

How This Home’s Risks Compare

Hail
Heat Wave

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 $2,270$27,240
Home Insurance *$114$1,368
Property Taxes $314$3,768
Electricity $225$2,707
Total$2,923$35,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,217/yr
40% on housing$87,690/yr
45% on housing$77,946/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

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 27502$219
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27502$257
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
2026-08-13Price change$440,000
2026-07-29Price change$449,000
2026-07-08Price change$450,000
2026-06-12Listed for sale$468,500
2020-06-23Sold$333,000

For Sale by Agent

AgentPatrick Joseph Cullnan
BrokerageeXp Realty, LLC - C

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