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5909 Tower Grove Dr, Raleigh, NC, 27614

5beds
6baths
9,495sqft
$5,672,000
$597price/sqft
$34,318/moest. monthly cost
$1,372,720/yrincome needed

About This Home

Introducing the third in a series of Raleigh's newest and most prestigious collection of 13 architecturally significant, turn-key, fully furnished, private estates nestled within a gated community. This corner lot residence is built with a concrete and steel structure to provide the highest levels of fire resistance and structural performance. Optional furnishing package, styled by California-based interior designer, Lynda Murray, for a turn-key experience. Step inside and experience the stunning design of organic materials, European understatement and walls of sound proof high security glass. Below grade, 8 car, climate controlled garage- perfect for automobile enthusiasts. Tranquil outdoor space, a wellness center, and a 92 foot wide cantilevered balcony overlooking the custom pool are just a few of the Class A amenities offered. Hand selected imported marble slabs for a unique, one of a kind residence. Owners retreat offers a sitting area, fireplace, and luxury tub cut from a single block of stone. The gourmet kitchen boasts sleek lines, European cabinetry, and a large full working scullery. Additional flex spaces to fit your needs. This gated community offers extra privacy with an 8ft street lined hedge. Get ready to Indulge in the pinnacle of luxury living at this Glenhill residence. 13 Homesites total. All materials and finishes have been carefully selected and curated for ultra-luxury, effortless, ownership experience. Home has not been built yet- Presale Opportunity!

Getting Around

6
WalkingCar-Dependent
0
TransitNo Nearby Transit
17
BikeSomewhat Bikeable

Schools

9/10
Pleasant Union ElementaryGrades PK-50.5 mi
8/10
West Millbrook MiddleGrades 6-84.2 mi
6/10
Millbrook HighGrades 9-126.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Roof: Membrane
  • Construction materials: Stone,Stucco

Notable Dates

  • Major remodel year: 2025

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Gas Range,Built-In Refrigerator,Cooktop,Dishwasher,Exhaust Fan,Gas Cooktop,Gas Range,Microwave,Range,Refrigerator,Smart Appliance(s),Stainless Steel Appliance(s)

Basement

  • Has basement: Yes
  • Basement: Concrete

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Kitchen Island,Open Floorplan,Walk-In Closet(s),Walk-In Shower
  • Flooring: Stone
  • Number of fireplaces: 4
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,238
  • Finished area above ground: 8,257

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 9,495
  • Total interior livable area: 9,495 sqft

Property

Details

  • Parcel number: 0799689158
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: Fenced,Heated,In Ground
  • Patio & porch: Covered,Porch
  • Has spa: Yes
  • Has view: Yes

Lot

  • Lot size: 0.92 Acres
  • Features: Back Yard,Corner Lot,Front Yard,Hardwood Trees,Landscaped

Parking

  • Parking features: Garage,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

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
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding

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 $28,680$344,160
Home Insurance *$1,731$20,772
Property Taxes $3,023$36,276
Electricity $884$10,612
Total$34,318$411,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,176,617/yr
40% on housing$1,029,540/yr
45% on housing$915,146/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

$597This listing

vs Other Active Listings

Avg $/sqft

ZIP 27614$262
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27614$241
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)

No zestimate history available

Price History

DateEventPrice
2024-09-03Listed for sale$5,672,000

New Construction

AgentChase Crain
BrokerageBison Realty Group

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