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405 Alston St, Raleigh, NC, 27601

3beds
4baths
2,770sqft
$1,250,000
$451price/sqft
$7,703/moest. monthly cost
$308,120/yrincome needed

About This Home

Breaking ground on new construction home estimated to be completed in December by Steve Sypher Designs. Located in downtown Raleigh this custom-built home boasts a sleek, contemporary design with room to breathe. The expansive open floor plan clad with hardwood flooring throughout, soaring 10 foot ceilings and a huge amount of natural light. The spacious chef's kitchen has top-of-the-line stainless steel appliances, quartz countertops and a large island for entertaining. The spacious owner's suite includes a spa-like bathroom with a tiled stand up shower and tub alongside a massive walk-in closet. Stand out features you don't often find downtown include the (2) car garage, outside space both a covered and open deck in the back yard, as well as the 1089 unfinished attic that can be used as storage or finished with your special ideas in mind. This one-of-a-kind home is located just steps from the best dining, shopping, and entertainment Raleigh has to offer. Adjacent to the Greenway trail and parks galore! An undoubtedly exceptional location with walking distance to downtowns Transfer Food Hall, Chavis Park, Moore Square and more.

Getting Around

82
WalkingVery Walkable
68
TransitGood Transit
65
BikeBikeable

Schools

8/10
Hunter Elementary SchoolGrades PK-50.2 mi
7/10
Ligon MiddleGrades 6-80.2 mi
7/10
William G Enloe HighGrades 9-121.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2027

Materials

  • Roof: Shingle
  • Construction materials: Engineered Wood

Notable Dates

  • Major remodel year: 2027

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary, Farmhouse, Transitional
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,770

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,770
  • Total interior livable area: 2,770 sqft

Property

Details

  • Parcel number: 171309076159000 0494563
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: Three Or More, Two
  • Has view: Yes

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 52 x 77

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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 $6,320$75,840
Home Insurance *$314$3,768
Property Taxes $812$9,744
Electricity $257$3,095
Total$7,703$92,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$264,102/yr
40% on housing$231,090/yr
45% on housing$205,413/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

$451This listing

vs Other Active Listings

Avg $/sqft

ZIP 27601$262
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27601$378
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
2026-04-26Listed for sale$1,250,000

New Construction

AgentBrent Henson
BrokerageCompass -- Raleigh

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