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905 Formby Way, Raleigh, NC, 27610

2beds
4baths
1,795sqft
$270,000
$150price/sqft
$1,832/moest. monthly cost
$73,280/yrincome needed

About This Home

Experience low-maintenance living just minutes from Downtown Raleigh in this beautifully designed, move-in ready Lennox townhome. Featuring 2 bedrooms, 2 full baths, and 2 half baths, this thoughtfully crafted home offers the perfect blend of comfort, convenience, and modern style. Inside, you'll find 9-foot ceilings and an open-concept layout that creates a bright and spacious feel throughout. The flexible floor plan includes multiple living spaces, while the private balcony provides the perfect spot to enjoy your morning coffee or unwind after a long day. A one-car garage adds valuable storage and everyday convenience. Located in the sought-after Haddonstone community, residents enjoy access to a neighborhood swimming pool and an unbeatable location close to shopping, dining, entertainment, and major commuter routes. Enjoy all the benefits of suburban living while staying just a short drive from the vibrant energy of Downtown Raleigh. Don't miss this opportunity to own a move-in ready home in one of Raleigh's most convenient communities. Visit the Haddonstone model home at 3223 Bomore Road, Raleigh, NC 27604, during our open house hours to tour this home and learn more about available opportunities before it's gone!

Getting Around

15
WalkingCar-Dependent
39
TransitSome Transit
25
BikeSomewhat Bikeable

Schools

9/10
Middle Creek ElementaryGrades PK-58.8 mi
9/10
Holly Ridge MiddleGrades 6-812.0 mi
7/10
Middle Creek HighGrades 9-129.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Fiber Cement,Low VOC Paint/Sealant/Varnish

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Stanley Martin Homes

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional, Transitional
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,ENERGY STAR Qualified Appliances,Microwave,Oven,Plumbed For Ice Maker

Bedrooms & Bathrooms

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

Features

  • Bathtub/Shower Combination,Kitchen Island,Pantry,Quartz Counters,Recessed Lighting,Separate Shower,Smooth Ceilings,Walk-In Shower,Wired for Data,Wired for Sound
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,795
  • Common walls with other units/homes: 2+ Common Walls, No One Above, No One Below

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air,Dual,Heat Pump,Zoned

Interior Area

  • Total structure area: 1,795
  • Total interior livable area: 1,795 sqft

Property

Details

  • Parcel number: 1712036538
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: Community
  • Patio & porch: Deck
  • Exterior features: Awning(s),Balcony,Rain Gutters,Smart Lock(s)
  • Has view: Yes

Lot

  • Lot size: 1,306 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered 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

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning
Tornado
Winter Weather

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 $1,365$16,380
Home Insurance *$112$1,344
Property Taxes $155$1,860
Electricity $200$2,405
Total$1,832$21,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,811/yr
40% on housing$54,960/yr
45% on housing$48,853/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

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 27610$171
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27610$190
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)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$270,000
2026-07-17Price change$270,000
2026-07-14Price change$267,500
2026-07-08Price change$270,000
2026-06-17Price change$285,000
2026-06-16Price change$305,000
2026-05-29Listed for sale$310,000

New Construction

AgentJolene Johnson
BrokerageSM North Carolina Brokerage

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