316 Inwood Forest Dr, Raleigh, NC, 27603
About This Home
Tucked away on a private, nearly one-acre homesite in the sought after Inwood Forest community, this exceptional 2023 built residence offers a rare blend of refined luxury, thoughtful design, and a premier location just minutes from NC State. From the moment you enter, the home makes a lasting impression. The expansive open-concept main living area is elevated by a soaring vaulted ceiling and anchored by a breathtaking floor-to-ceiling stone fireplace that creates a dramatic yet inviting focal point perfect for both intimate evenings and upscale entertaining. The main level primary suite is a true sanctuary, featuring elegant tray ceilings and a spa inspired bath complete with an oversized walk-in shower and a freestanding soaking tub designed for ultimate relaxation. A first floor guest suite offers both comfort and privacy, ideal for visitors or multigenerational living. At the heart of the home, the chef's kitchen impresses with a large statement island, ideal for gathering and entertaining, along with an oversized pantry that delivers exceptional storage and functionality. Upstairs, you'll find two generously sized bedrooms, along with a versatile flex space and an additional room perfectly suited for a small office, fitness area or additional storage. Seamless indoor-outdoor living defines this property. Enjoy peaceful mornings on the covered front porch, unwind on the screened-in rear porch, or entertain on the spacious deck overlooking the fully fenced backyard, an expansive and private setting enhanced by a full irrigation system. Additional high-end features include a whole-home water softener and reverse osmosis system, delivering elevated water quality throughout. A rare four car garage provides abundant space for vehicles, storage, or a custom workshop. With its generous homesite, modern craftsmanship, and close proximity to NC State, this home embodies a lifestyle of comfort, sophistication, and convenience. This is truly a standout offering in today's market.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Roof: Shingle
- Construction materials: Board & Batten Siding,Stone Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Propane Cooktop,Oven
- Laundry features: Laundry Room,Main Level,Sink
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Bathtub/Shower Combination,Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Eat-in Kitchen,Entrance Foyer,Granite Counters,Kitchen Island,Kitchen/Dining Room Combination,Open Floorplan,Pantry,Master Downstairs,Recessed Lighting,Separate Shower,Shower Only,Smooth Ceilings,Storage,Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower,Water Closet
- Flooring: Carpet,Ceramic Tile,Vinyl
- Finished area below ground: 0
- Finished area above ground: 3,444
Heating & Cooling
- Heating features: Fireplace(s),Propane,Zoned
- Cooling features: Central Air,Dual
Interior Area
- Total structure area: 3,444
- Total interior livable area: 3,444 sqft
Property
Details
- Parcel number: 079102886425000 0500794
- Zoning: R-40W
- Special condition: Standard
Features
- Levels: Two
- Stories: 1
- Pool features: None
- Patio & porch: Covered,Deck,Enclosed,Front Porch,Rear Porch,Screened
- Exterior features: Fenced Yard,Rain Gutters
- Fencing: Back Yard
- Has view: Yes
Lot
- Lot size: 0.92 Acres
- Features: Back Yard,Few Trees,Front Yard
Parking
- Total spaces: 4
- Parking features: Driveway,Garage Door Opener,Garage Faces Front,Garage Faces Side
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Heat Wave
- Inland Flooding
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,194 | $74,328 |
| Home Insurance * | $422 | $5,064 |
| Property Taxes | $593 | $7,116 |
| Electricity | $320 | $3,849 |
| Total | $7,529 | $90,348 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $1,300,000 |
| 2023-11-29 | Sold | $1,153,000 |
View on Zillow