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704 Dragonfly Pond Way, Wake Forest, NC, 27587

4beds
3baths
2,748sqft
$549,001
$200price/sqft
$3,524/moest. monthly cost
$140,960/yrincome needed

About This Home

MOVE IN READY! Stunning primary on main, 4-bedroom, 3-bath Birch II E featuring 2,748 sq ft of thoughtfully designed living space in the desirable Sage on North Main community. This impressive home boasts a gourmet kitchen with quartz countertops, cozy fireplace, and luxurious first-floor primary suite with spa shower and expansive closet. The open floor plan seamlessly connects the kitchen's abundant counter space to the dining room and spacious living room, which flows to a large covered porch perfect for entertaining. Upstairs, discover a versatile loft and additional bedrooms, maximizing both comfort and functionality. Enjoy amenities including firepit, dog park, Playground, gazebo, bocce ball court, grilling patio, and charming pocket parks Guy Catoir (919) 607-6500 GCatoir@DavidsonHomes.com Muhammad Hasan (919) 279-7324 MHasan@DavidsonHomes.com

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

4/10
7/10
Wake Forest High SchoolGrades 9-121.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Fiber Cement

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Davidson Homes - Raleigh Region

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

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

Features

  • Master Downstairs
  • Flooring: Carpet,Vinyl,Tile
  • Finished area below ground: 0
  • Finished area above ground: 2,748

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,748
  • Total interior livable area: 2,748 sqft

Property

Details

  • Parcel number: See Plat #41
  • Special condition: Seller Licensed Real Estate Professional

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes

Lot

  • Lot size: 5,227 sqft

Parking

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

  • 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 $2,776$33,312
Home Insurance *$178$2,136
Property Taxes $315$3,780
Electricity $255$3,071
Total$3,524$42,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,822/yr
40% on housing$105,720/yr
45% on housing$93,973/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

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 27587$211
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
2026-04-16Price change$574,000
2026-04-02Price change$588,999
2026-01-28Listed for sale$589,000

New Construction Spec

AgentGuy Catoir
BrokerageDavidson Homes Realty, LLC

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