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1003 Phoenix Pl, Raleigh, NC, 27610

3beds
4baths
2,842sqft
$1,100,000
$387price/sqft
$7,287/moest. monthly cost
$291,480/yrincome needed

About This Home

Stunning new construction build just minutes from downtown Raleigh. Offers the perfect blend of modern luxury and thoughtful craftsmanship -- 2842 square feet of beautifully designed living space. Step inside to discover open-concept living areas, high-end finishes, and designer touches. The gourmet kitchen is a chef's dream with custom cabinetry, premium appliances, and a large island. This home features 3 spacious bedrooms and a bonus room/4th bedroom. The primary suite has a luxurious ensuite bath and walk-in closet. Minutes from the shopping, dining, and cultural hotspots of Downtown Raleigh. The ideal balance of city convenience and quiet luxury living. Don't miss the chance to own a Home that is as functional as it is beautiful!

Getting Around

32
WalkingCar-Dependent
34
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

5/10
Powell ElementaryGrades PK-50.1 mi
6/10
Martin MiddleGrades 6-84.7 mi
7/10
William G Enloe HighGrades 9-120.7 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Fiber Cement,Stone

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Boney Building Company

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,ENERGY STAR Qualified Appliances,Gas Water Heater,Microwave,Plumbed For Ice Maker,Range Hood,Self Cleaning Oven,Tankless Water Heater,Oven
  • Laundry features: Electric Dryer Hookup,Laundry Room,Upper Level,Washer Hookup

Bedrooms & Bathrooms

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

Features

  • Bathtub/Shower Combination,Bookcases,Breakfast Bar,Pantry,Ceiling Fan(s),Double Vanity,Eat-in Kitchen,Entrance Foyer,Kitchen Island,Kitchen/Dining Room Combination,Open Floorplan,Quartz Counters,Separate Shower,Smooth Ceilings,Soaking Tub,Walk-In Closet(s),Walk-In Shower,Water Closet
  • Door features: Sliding Doors
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,842
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 2,842
  • Total interior livable area: 2,842 sqft

Property

Details

  • Parcel number: 0495787
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Front Porch,Porch,Rear Porch,Screened
  • Exterior features: Rain Gutters
  • Has view: Yes

Lot

  • Lot size: 0.26 Acres
  • Features: Landscaped
  • Lot size dimensions: see plot plan

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Front
  • 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 $5,562$66,744
Home Insurance *$459$5,508
Property Taxes $1,002$12,024
Electricity $264$3,176
Total$7,287$87,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$249,840/yr
40% on housing$218,610/yr
45% on housing$194,320/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

$387This listing

vs Other Active Listings

Avg $/sqft

ZIP 27610$170
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27610$190
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
2026-02-25Listed for sale$1,100,000
2025-07-18Sold$275,000

New Construction

AgentJim Allen
BrokerageColdwell Banker HPW

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