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3308 Bailey Lake Dr, Fuquay Varina, NC, 27526

3beds
3baths
1,650sqft
$294,690
$179price/sqft
$1,953/moest. monthly cost
$78,120/yrincome needed

About This Home

The Fairview floor plan offers an open concept living, dining, and kitchen area. The kitchen includes 42'' cabinets and a generous breakfast bar with drawers and cabinet storage. The Master Suite includes a walk-in shower with dual sinks, a private water closet and large walk-in closet. The secondary bath offers dual sinks and a tub/shower combo. The 10 x 10 back patio provides an entertainment space with a yard.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

8/10
South Lakes ElementaryGrades PK-50.1 mi
6/10
Fuquay-Varina MiddleGrades 6-83.5 mi
6/10
Willow Spring HighGrades 9-120.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Shingle
  • Construction materials: Board & Batten Siding,Vertical Siding,Vinyl Siding

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Dream Finders Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Range,Electric Water Heater,Free-Standing Electric Range,Free-Standing Range,Free-Standing Refrigerator,Ice Maker,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Washer/Dryer,Water Heater
  • Laundry features: Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup

Bedrooms & Bathrooms

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

Features

  • Bathtub/Shower Combination,Breakfast Bar,Double Vanity,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Stone Counters,Walk-In Closet(s),Walk-In Shower,Water Closet
  • Window features: Blinds
  • Flooring: Carpet,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,650
  • Common walls with other units/homes: 2+ Common Walls, No One Above, No One Below

Heating & Cooling

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

Interior Area

  • Total structure area: 1,650
  • Total interior livable area: 1,650 sqft

Property

Details

  • Parcel number: 3308 Bailey Lake Drive
  • Attached to another structure: Yes
  • Special condition: Seller Licensed Real Estate Professional

Features

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

Lot

  • Lot size: 2,613 sqft

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Attached,Driveway,Garage
  • 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

  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding
Cold Wave
Hurricane
Ice Storm
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 $1,490$17,880
Home Insurance *$94$1,128
Property Taxes $169$2,028
Electricity $200$2,405
Total$1,953$23,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,960/yr
40% on housing$58,590/yr
45% on housing$52,080/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

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 27526$194
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27526$202
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
2026-06-27Price change$294,690
2026-05-25Listed for sale$337,690

New Construction

AgentMatt Goss
BrokerageDream Finders Realty LLC

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