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726 Powell Dr, Raleigh, NC, 27606

3beds
3baths
1,792sqft
$649,900
$363price/sqft
$4,049/moest. monthly cost
$161,960/yrincome needed

About This Home

Perfectly situated in West Raleigh, this brand-new home at Cottages at Powell Park reflects a refined approach to modern living, where thoughtful design meets everyday ease. The home presents three bedrooms, three full baths, and a detached two-car garage, with a floor plan that lives beautifully. Light-filled interiors and clean, open spaces create a natural flow throughout the main level, where a private guest suite offers flexibility for visitors, a quiet office, or multigenerational living. At the heart of the home, the kitchen is designed to gather around, anchored by an oversized island, stone countertops, and stainless steel appliances. It is as functional as it is inviting, equally suited for a quiet morning or an evening with friends. Upstairs, the primary suite offers a sense of calm and privacy, complemented by an additional generously sized bedroom and full bath. A covered porch extends the living experience outdoors, overlooking a private homesite, while the detached two-car garage adds both convenience and a timeless neighborhood feel. Moments from Downtown Raleigh with seamless access to I-440, I-40, RTP, and RDU, this location connects you effortlessly to Fenton, North Hills, Umstead Park, and Lenovo Center. A rare opportunity to own new construction in one of Raleigh's most connected and desirable locations, with just 9 homes remaining in this boutique community.

Getting Around

41
WalkingCar-Dependent
38
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

8/10
Adams ElementaryGrades PK-52.7 mi
10/10
Lufkin Road MiddleGrades 6-88.2 mi
8/10
Athens Drive HighGrades 9-120.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Raised,Other
  • Roof: Shingle
  • Construction materials: Brick,Cement Siding

Notable Dates

  • Major remodel year: 2026

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Range
  • Laundry features: Laundry Closet,Upper Level

Bedrooms & Bathrooms

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

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Eat-in Kitchen,Stone Counters,Walk-In Shower
  • Flooring: Carpet,Simulated Wood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,792
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 1,792
  • Total interior livable area: 1,792 sqft

Property

Details

  • Parcel number: 0783590165
  • Special condition: Standard

Features

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

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 4
  • Parking features: Detached,Garage
  • 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

How This Home’s Risks Compare

Hail
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 $3,286$39,432
Home Insurance *$190$2,280
Property Taxes $373$4,476
Electricity $200$2,405
Total$4,049$48,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,822/yr
40% on housing$121,470/yr
45% on housing$107,973/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

$363This listing

vs Other Active Listings

Avg $/sqft

ZIP 27606$183
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27606$260
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
2026-03-25Listed for sale$644,900

New Construction

AgentFrank DeRonja
BrokerageCorcoran DeRonja Real Estate

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