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305 E Perry Ave, Wake Forest, NC, 27587

4beds
3baths
1,660sqft
$400,000
$241price/sqft
$2,581/moest. monthly cost
$103,240/yrincome needed

About This Home

Welcome to 305 E Perry Avenue, a stunning new construction home situated on a corner lot in highly sought after Wake Forest! Offering 4 bedrooms and 2.5 baths with a thoughtfully designed open-concept layout. Featuring luxury vinyl plank flooring that spans throughout the entire home! The main level features a spacious living area that flows into the kitchen with white painted cabinetry, a large island with barstool seating, elegant granite countertops, recessed lights and designer pendant lighting. All opening to the sun-filled dining space, with glass sliders to the rear patio! Upstairs, you will find the private primary suite with tons of natural light and an en-suite bath with a dual vanity, walk-in shower with corner seat and spacious walk-in closet. Along with three additional secondary bedrooms with spacious closets and additional bath! The cozy family room featues an electric fireplace with flanking accent windows perfect for entertaining! Complete with a 2-car garage for ample parking, a rocking chair front porch, modern finishes and brand-new construction, all providing comfort, elegance and efficiency! Conveniently located near downtown Wake Forest—close to shopping, dining and parks. This home blends modern style with an unbeatable location!

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

9/10
Heritage ElementaryGrades PK-52.9 mi
9/10
Heritage MiddleGrades 6-82.8 mi
7/10
Wake Forest High SchoolGrades 9-120.9 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Shake Siding,Vinyl Siding

Notable Dates

  • Major remodel year: 2026

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave,Self Cleaning Oven,Stainless Steel Appliance(s)
  • Laundry features: Electric Dryer Hookup,Laundry Room,Upper Level,Washer Hookup

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,Ceiling Fan(s),Double Vanity,Eat-in Kitchen,Entrance Foyer,Kitchen Island,Kitchen/Dining Room Combination,Pantry,Separate Shower,Smooth Ceilings,Walk-In Closet(s),Walk-In Shower,Water Closet
  • Door features: Sliding Doors
  • Window features: Double Pane Windows
  • Flooring: Vinyl
  • Fireplace features: Electric,Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,660
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air,Exhaust Fan

Interior Area

  • Total structure area: 1,660
  • Total interior livable area: 1,660 sqft

Property

Details

  • Parcel number: 184116840904000 0052202
  • Zoning: RMX
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Porch
  • Exterior features: Rain Gutters
  • Has view: Yes

Lot

  • Lot size: 3,484 sqft
  • Features: Corner Lot,Few Trees,Landscaped
  • Lot size dimensions: see plot plan

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Garage,Garage Faces Front,Inside Entrance
  • 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

  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Heat Wave

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 $2,022$24,264
Home Insurance *$129$1,548
Property Taxes $230$2,760
Electricity $200$2,405
Total$2,581$30,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,491/yr
40% on housing$77,430/yr
45% on housing$68,826/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

$241This 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
2026-02-06Listed for sale$400,000

New Construction

AgentJim Allen
BrokerageColdwell Banker HPW

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