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7417 Red Maple Ridge Rd, Raleigh, NC, 27614

4beds
7baths
5,303sqft
$2,925,000
$552price/sqft
$17,856/moest. monthly cost
$714,240/yrincome needed

About This Home

A rare presale opportunity in Maple Ridge Cove, a private gated community exclusively built by Exeter Building Company. This proposed Modern Transitional residence sits on a 1.54-acre estate homesite, one of just 11 large estate lots in this exclusive enclave. The thoughtfully designed floor plan features a primary suite, a private guest suite, a dedicated study, and a light-filled sunroom, with an outdoor kitchen extending the living space for effortless indoor-outdoor entertaining. With the privacy of a gated setting and the natural beauty of a large estate homesite, this presale opportunity allows you to make this home truly your own, from finishes to floor plan adjustments.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
12
BikeSomewhat Bikeable

Schools

3/10
Brassfield ElementaryGrades K-53.8 mi
8/10
Wakefield MiddleGrades 6-85.2 mi
8/10
Wakefield HighGrades 9-125.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2027

Materials

  • Foundation: Block,Brick/Mortar
  • Roof: Asphalt, Metal, Rubber, Shingle
  • Construction materials: Batts Insulation,Blown-In Insulation,Brick Veneer,Fiber Cement,Lap Siding

Notable Dates

  • Major remodel year: 2027

Other

  • Builder name: Exeter Building Company

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Freezer,Built-In Gas Range,Built-In Refrigerator,Double Oven,Gas Water Heater,Microwave,Range Hood,Tankless Water Heater
  • Laundry features: Lower Level,Multiple Locations,Upper Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Bar,Bookcases,Ceiling Fan(s),Crown Molding,High Ceilings,In-Law Floorplan,Kitchen Island,Open Floorplan,Master Downstairs,Quartz Counters,Recessed Lighting,Smart Thermostat,Smooth Ceilings,Storage,Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower,Water Closet,Wired for Data,Wired for Sound
  • Door features: Sliding Doors
  • Window features: Double Pane Windows,Low-Emissivity Windows
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Gas,Outside,Sealed Combustion
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 5,303

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,Heat Pump,Natural Gas,None
  • Cooling features: Ceiling Fan(s),Central Air,Dual,Zoned

Interior Area

  • Total structure area: 5,303
  • Total interior livable area: 5,303 sqft

Property

Details

  • Parcel number: 1801337622
  • Special condition: Seller Licensed Real Estate Professional,Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Rear Porch,Screened
  • Exterior features: Outdoor Grill
  • Has view: Yes

Lot

  • Lot size: 1.54 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached,Driveway,On Street
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $14,790$177,480
Home Insurance *$892$10,704
Property Taxes $1,681$20,172
Electricity $493$5,927
Total$17,856$214,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$612,205/yr
40% on housing$535,680/yr
45% on housing$476,160/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

$552This listing

vs Other Active Listings

Avg $/sqft

ZIP 27614$263
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27614$241
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
2026-07-22Listed for sale$2,925,000

New Construction

AgentJeremy Gage
BrokerageBeacon Realty

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