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3707 Crescent Ridge Dr SW, Roanoke, VA, 24018

4beds
3baths
2,192sqft
$424,950
$194price/sqft
$2,830/moest. monthly cost
$113,200/yrincome needed

About This Home

Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white cabinets and solid surface countertops in the bathrooms. ''The Columbia'' has an open floor plan and kitchen island, perfect for family gatherings. Upstairs you will find a spacious walk-in closet in the master suite. We invite you to ''LiveNew'' at Colonial Green, a premier Roanoke City community. Qualified buyers may receive up to 1.5%, max $7,500, toward closing costs, prepaid expenses, and mortgage rate buydowns from preferred lender.

Getting Around

6
WalkingCar-Dependent
26
TransitSome Transit
4
BikeSomewhat Bikeable

Schools

4/10
4/10
3/10
Patrick Henry High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Brick,Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Range

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Ceramic Tile
  • Finished area above ground: 2,192

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 2,192
  • Total interior livable area: 2,192 sqft

Property

Details

  • Parcel number: 1570224

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 5,662 sqft

Parking

  • Total spaces: 1
  • Parking features: Attached,Paved
  • Has garage: Yes
  • Covered spaces: 1

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

  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
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 $2,148$25,776
Home Insurance *$135$1,620
Property Taxes $336$4,032
Electricity $211$2,533
Total$2,830$33,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,028/yr
40% on housing$84,900/yr
45% on housing$75,466/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
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 24018$176
Roanoke City$133

vs Homes Sold Last Month

Median $/sqft

ZIP 24018$147
Roanoke City$124

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
2026-06-26Listed for sale$424,950
2026-03-05Listing removed$434,950
2026-01-16Listed for sale$434,950

New Construction

AgentROBERT PARKER FRALIN
BrokerageR FRALIN & ASSOCIATES INC

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