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261 River Falls Rd, Sanford, NC, 27332

4beds
3baths
2,349sqft
$419,000
$178price/sqft
$2,853/moest. monthly cost
$114,120/yrincome needed

About This Home

Great four bedroom home on almost an acre lot. Or three bedrooms and bonus room with bath. Energy efficient new construction sure to please. Large great room with gas log fireplace, large formal dining room with raised ceiling, sun room leading to a covered patio. Large master bedroom with trey ceiling, separate walk in closets. Master bath has tile shower and double vanities. Convenient kitchen with free standing smooth cook top electric range and self cleaning oven. Refrigerator with ice maker. Energy efficient stainless steel appliances. Breakfast eating area and two walk in pantries. Separate laundry room. Large two car garage. Includes 10 year structural warranty paid by builder. Covenants are in place. Homeowners Association will be established to pay for street lighting and common area maintenance once homes are constructed on the remaining lots in this phase.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

7/10
Sanlee Middle SchoolGrades 6-83.1 mi
3/10
Southern Lee High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Construction materials: Batts Insulation,Blown-In Insulation,Stone Veneer,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Transitional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Refrigerator,Free-Standing Electric Range,Free-Standing Refrigerator,Microwave,Plumbed For Ice Maker,Refrigerator,Self Cleaning Oven,Stainless Steel Appliance(s)
  • Laundry features: Washer Hookup,Dryer Hookup,Main Level,In Unit

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Area,Ceiling Fan(s),Chandelier,Dining Area,Dual Closets,Separate/Formal Dining Room,Double Vanity,Granite Counters,Great Room,High Ceilings,His and Hers Closets,Primary Downstairs,Bath in Primary Bedroom,Multiple Closets,Open Floorplan,Stone Counters,Smooth Ceilings,Separate Shower,Sun Room,Tub Shower,Water Closet(s)
  • Window features: Insulated Windows
  • Flooring: Luxury Vinyl Plank,Tile,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Blower Fan,Gas,Gas Log,Living Room,Vented
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 2,349 sqft

Property

Details

  • Parcel number: 965030191800
  • Special condition: None
  • Exclusions: None

Features

  • Patio & porch: Covered,Patio
  • Living area range: 2201-2400

Lot

  • Features: Partially Cleared

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • 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

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Drought
Hurricane
Heat Wave
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Lee 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 $2,118$25,416
Home Insurance *$234$2,808
Property Taxes $283$3,396
Electricity $218$2,625
Total$2,853$34,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,817/yr
40% on housing$85,590/yr
45% on housing$76,080/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: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 27332$166
Lee County$159

vs Homes Sold Last Month

Median $/sqft

ZIP 27332$167
Lee County$169

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
2025-03-24Listed for sale$419,000

New Construction

AgentSANDRA PERRY
BrokerageGROCE REAL ESTATE

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