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531 Forestville Rd, Wake Forest, NC, 27587

4beds
4baths
2,268sqft
$379,990
$168price/sqft
$2,551/moest. monthly cost
$102,040/yrincome needed

About This Home

This luxury 3-story townhome is located in the heart of Wake Forest and includes 3 bedrooms, 3.5 bathrooms, a dedicated office, and a 2-car garage. The open living space is perfect for entertaining. The living room, kitchen, and primary bedroom all feature their OWN balcony, offering more entertainment space, a place to dine al fresco, and a spot to enjoy your morning coffee. The kitchen is equipped with stainless gas appliances, beautiful quartz countertops, 42-inch white cabinets, and grey tile backsplash. Natural light floods the living room and dining spaces. The owner's suite features a tile shower, huge walk-in closet, and large windows. This community is close to dining, shopping, local boutiques, breweries, and more. This is an opportunity you do not want to miss! Schedule an appointment today. *Photos are representative

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
Wake Forest ElementaryGrades PK-51.6 mi
4/10
7/10
Wake Forest High SchoolGrades 9-122.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Brick/Mortar,Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Brick Veneer,HardiPlank Type

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Dream Finder's Homes

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Range,Ice Maker,Microwave,Refrigerator,Self Cleaning Oven,Washer
  • Laundry features: Laundry Room,Upper Level

Basement

  • Has basement: Yes
  • Basement: Finished, Heated

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Chandelier,Double Vanity,Dual Closets,Eat-in Kitchen,Entrance Foyer,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Smooth Ceilings,Walk-In Closet(s),Walk-In Shower,Wired for Data
  • Flooring: Carpet,Ceramic Tile,Vinyl,Wood
  • Finished area below ground: 532
  • Finished area above ground: 1,736
  • Common walls with other units/homes: 2+ Common Walls, No One Above, No One Below

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace
  • Cooling features: Zoned

Interior Area

  • Total structure area: 2,268
  • Total interior livable area: 2,268 sqft

Property

Details

  • Parcel number: 184003325237000 0513747
  • Attached to another structure: Yes
  • Zoning: RMX
  • Special condition: Standard

Features

  • Levels: Tri-Level
  • Stories: 3
  • Pool features: None
  • Patio & porch: Covered,Front Porch,Terrace
  • Exterior features: Balcony,Rain Gutters
  • Has view: Yes

Lot

  • Lot size: 1,742 sqft
  • Features: Landscaped

Parking

  • Total spaces: 4
  • Parking features: Garage Door Opener,Garage Faces Rear,On Street
  • 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
  • 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 $1,921$23,052
Home Insurance *$123$1,476
Property Taxes $296$3,552
Electricity $211$2,534
Total$2,551$30,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,462/yr
40% on housing$76,530/yr
45% on housing$68,026/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

$168This listing

vs Other Active Listings

Avg $/sqft

ZIP 27587$212
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27587$214
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
2026-04-24Price change$384,990
2026-04-03Price change$399,990
2026-02-24Listed for sale$405,770
2025-08-15Listing removed$427,102
2025-07-25Price change$427,102
2025-07-12Price change$418,102
2025-06-15Listed for sale$435,602
2025-04-08Listing removed$434,480
2025-04-01Listed for sale$434,480

New Construction Spec

AgentBatey Camp McGraw
BrokerageDream Finders Realty LLC

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