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714 Sutter Gate Ln, Morrisville, NC, 27560

2beds
4baths
2,079sqft
$364,990
$176price/sqft
$2,400/moest. monthly cost
$96,000/yrincome needed

About This Home

Prime Location Near RTP! Welcome to this beautifully maintained end-unit townhome in the highly desirable Lake at Breckenridge community in Morrisville. Featuring an open-concept floor plan filled with natural light, this home offers both comfort and functionality with flexible living spaces perfect for guests, roommates, or a home office. Enjoy peaceful lake views from your private deck—the perfect spot for morning coffee or evening relaxation. As an end unit, you'll appreciate the added privacy and abundant natural light throughout. Conveniently located just minutes from RTP, Raleigh, Cary, Durham, RDU Airport, shopping, dining, and major highways. Community amenities include a swimming pool, clubhouse, playground, tennis courts, and pickleball courts. Don't miss this incredible opportunity to own a lake-view home in one of Morrisville's most sought-after neighborhoods! The community includes a playground, swimming pool, tennis courts, pickleball courts, and a clubhouse. The home backs up to a small lake, where you can enjoy your morning coffee or evening tea while taking in the beautiful lake views from your deck.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

8/10
Parkside ElementaryGrades PK-50.6 mi
10/10
Alston Ridge MiddleGrades 6-82.1 mi
10/10
Panther Creek HighGrades 9-121.2 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Concrete,Slab
  • Roof: Shingle
  • Construction materials: Brick,Concrete,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Oven,Electric Range,Free-Standing Electric Range,Free-Standing Range,Free-Standing Refrigerator,Microwave,Range,Range Hood,Refrigerator,Washer,Washer/Dryer
  • Laundry features: Inside,Laundry Room,Washer Hookup

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Pantry,Stone Counters,Walk-In Closet(s)
  • Flooring: Carpet,Hardwood,Tile,Wood
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,079
  • Common walls with other units/homes: 1 Common Wall, End Unit, No One Above, No One Below

Heating & Cooling

  • Heating features: None
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,079
  • Total interior livable area: 2,079 sqft

Property

Details

  • Parcel number: 073604800918000 0301247
  • Attached to another structure: Yes
  • Zoning: HDR
  • Special condition: Standard

Features

  • Levels: Three Or More, Two
  • Stories: 3
  • Pool features: Community
  • Exterior features: Tennis Court(s)
  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond

Lot

  • Lot size: 2,613 sqft

Parking

  • Total spaces: 2
  • Parking features: 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
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding
Tornado

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 $1,845$22,140
Home Insurance *$93$1,116
Property Taxes $262$3,144
Electricity $200$2,405
Total$2,400$28,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,285/yr
40% on housing$72,000/yr
45% on housing$64,000/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

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 27560$214
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27560$240
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
2026-08-14Pending sale$364,990
2026-08-01Price change$364,990
2026-06-13Listed for sale$395,000
2021-07-08Listing removed--
2021-06-23Listed for rent$1,750
2021-05-24Sold$287,000
2010-05-27Sold$169,000
2003-10-16Sold$169,500

For Sale by Agent

AgentSanju Raya Rayamajhi
BrokerageRaya Homes LLC

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