440 Valley Rd, Fayetteville, NC, 28305
About This Home
Located in the highly sought-after Forest Lakes neighborhood just outside Highland Country Club, this sprawling one-story home offers over 4,000 sq ft of living space with beautiful lake views. Featuring 5 bedrooms, 4.5 baths, and 3 spacious living areas, this home blends classic charm with modern updates. The kitchen boasts granite countertops, white cabinetry, stainless steel appliances, and a sink overlooking the backyard. A stunning primary suite addition includes built-ins, a fireplace, jetted tub, walk-in shower, dual vanities, and his-and-her walk-in closets. Enjoy peaceful lake views from multiple rooms or unwind on the large screened porch. The property includes a circular driveway and two small lakefront lots across the street with a dock, perfect for fishing, kayaking, or relaxing by the water. Conveniently located near downtown Fayetteville, shopping, and Cape Fear Valley Hospital.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: One Story
- Property subType: Single Family Residence
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Flooring: Carpet,Parquet,Tile
- Number of fireplaces: 2
- Fireplace features: Gas,Wood Burning
- Fireplace: Yes
Heating
- Heating features: Central
Interior Area
- Total interior livable area: 4,459 sqft
Property
Details
- Parcel number: 0427820967
- Special condition: None
- Exclusions: none
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Living area range: 4001-4500
Parking
- Total spaces: 2
- Parking features: Carport
- Covered spaces: 2
- Carport: Yes
- Carport 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
- Winter Weather
- Hurricane
- Inland Flooding
- Ice Storm
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Cumberland County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,534 | $42,408 |
| Home Insurance * | $513 | $6,156 |
| Property Taxes | $543 | $6,516 |
| Electricity | $415 | $4,983 |
| Total | $5,005 | $60,060 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-04 | Price change | $750,000 |
| 2025-11-11 | Listed for sale | $850,000 |
| 1994-05-17 | Sold | $3,500 |
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