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10806 Matson Pl, Raleigh, NC, 27614

5beds
4baths
2,786sqft
$599,999
$215price/sqft
$3,908/moest. monthly cost
$156,320/yrincome needed

About This Home

Welcome to Falls River! Updated North Raleigh home featuring a finished third-floor suite with private bath and a new roof with transferable warranty. The backyard opens to approximately 17-18 acres of shared natural space with streams, waterfalls, and direct access to greenways near Landfill District Park and the Neuse River Trail.Inside, enjoy a remodeled kitchen, refinished hardwood floors, and brand-new carpet throughout. The flexible third-floor space is perfect for guests, a home office, or multi-generational living.This home offers a rare blend of privacy and community, with peaceful wooded views and frequent wildlife sightings, including deer and owls. Located in a highly sought-after neighborhood, the HOA maintains community roads, landscaping, greenways, and common areas, creating a well-kept and welcoming environment year-round. Optional memberships to Bedford at Falls River and the Greenway Club at Falls River provide access to community ponds (fishing allowed), two pools, tennis courts, pickleball courts, clubhouses, and gazebos. Convenient to shopping, dining, and everyday essentials, this home delivers the perfect balance of comfort, convenience, and outdoor living in one of North Raleigh's most desirable areas.

Getting Around

19
WalkingCar-Dependent
0
TransitNo Nearby Transit
30
BikeSomewhat Bikeable

Schools

8/10
Wakefield MiddleGrades 6-81.8 mi
8/10
Wakefield HighGrades 9-124.3 mi

Construction

Condition

  • Year built: 1999

Materials

  • Roof: Shingle
  • Construction materials: Fiber Cement,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Oven,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Hardwood,Varies
  • Finished area below ground: 0
  • Finished area above ground: 2,786
  • Common walls with other units/homes: No One Above

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,786
  • Total interior livable area: 2,786 sqft

Property

Details

  • Parcel number: 172904600386000 0248223
  • Zoning: PD
  • Special condition: Standard

Features

  • Levels: Tri-Level
  • Stories: 3
  • Exterior features: Rain Gutters
  • Fencing: None
  • Has view: Yes

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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 $3,033$36,396
Home Insurance *$183$2,196
Property Taxes $433$5,196
Electricity $259$3,113
Total$3,908$46,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$133,988/yr
40% on housing$117,240/yr
45% on housing$104,213/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

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 27614$268
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)

No zestimate history available

Price History

DateEventPrice
2026-04-29Listed for sale$635,000
2021-11-12Sold$464,000
2021-09-21Pending sale$485,000
2021-08-13Price change$485,000
2021-07-23Listed for sale$495,000
2021-07-02Sold$467,500
2006-04-03Sold$281,000
1999-09-30Sold$225,000
1998-12-11Sold$92,500

For Sale by Agent

AgentErin lee ALban, Humphrey and Hyatt Realty Grou
BrokerageHumphrey and Hyatt Realty Grou

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