See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

500 Venetian Dr, Sanford, NC, 27332

4beds
2baths
1,691sqft
$327,530
$194price/sqft
$2,246/moest. monthly cost
$89,840/yrincome needed

About This Home

The Carolina Collection brings the only series of new single-family homes available within Marelli, a master-planned community in Sanford, NC. Homeowners can enjoy an array of exclusive recreational amenities, including a sparkling saltwater pool with a cabana, a grilling area for gatherings, expansive open spaces, a dedicated dog park and fun-filled playgrounds. Within walking distance is charming Main Street, where dining, shopping and grocery stores can be found. Marelli is near major highways for convenient commutes to Research Triangle Park, Raleigh, Fayetteville and other surrounding cities. This new single-story home makes great use of the available space with an inviting open floorplan featuring a Great Room, dining area and modern kitchen. A covered porch for outdoor moments is easily accessible off the main living area. There is a total of four spacious bedrooms, including the tranquil owner's suite with a private bathroom nestled into a private corner at the back of the home. Photos are for illustrative purposes only and may show optional features.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

Construction

Type & Style

  • Home type: SingleFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Full bathrooms: 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

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Tornado
Cold Wave
Hail
Hurricane
Heat Wave
Inland Flooding
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 $1,656$19,872
Home Insurance *$183$2,196
Property Taxes $207$2,484
Electricity $200$2,405
Total$2,246$26,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,005/yr
40% on housing$67,380/yr
45% on housing$59,893/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

$194This listing

vs Other Active Listings

Avg $/sqft

ZIP 27332$167
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

No price history available

New Construction Spec

AgentHaley Allen
BrokerageLennar Carolinas LLC

Similar Homes