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208 Ellwood Dr, Raleigh, NC, 27609

5beds
7baths
4,859sqft
$3,100,000
$638price/sqft
$19,063/moest. monthly cost
$762,520/yrincome needed

About This Home

A masterfully crafted presale opportunity by Homestead Building Company, this custom built North Hills residence redefines luxury living. A grand covered entry opens to an oversized foyer, revealing wide-plank hardwood floors that flow seamlessly throughout the main level. At the heart of the home, the chef's kitchen is boasting floor-to-ceiling cabinetry, premium quartz countertops, an expansive island with designer pendants, a scullery, and a butler's pantry complete with a wine column and elegant glass shelving. The vaulted family room—anchored by a custom-surround fireplace and a statement chandelier—features pocketing sliders that blur the line between indoor comfort and a spectacular outdoor oasis, featuring a screened porch with its own fireplace and an included luxury heated pool. The main-level primary sanctuary offers a custom trim ceiling, a freestanding soaking tub, a massive walk-in closet, and a spa-like tile shower. Upstairs, discover a private executive office, a media room with a wet bar, a versatile kid's lounge overlooking the family room, and pristine en suite bedrooms. Peerless design in Midtown's most coveted enclave.

Getting Around

49
WalkingCar-Dependent
34
TransitSome Transit
58
BikeBikeable

Schools

6/10
Brooks ElementaryGrades PK-50.4 mi
5/10
Carroll MiddleGrades 6-80.3 mi
6/10
Sanderson HighGrades 9-121.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2027

Materials

  • Foundation: Block,Brick/Mortar,Permanent
  • Roof: Shingle
  • Construction materials: Brick Veneer,Fiber Cement,HardiPlank Type,Radiant Barrier

Notable Dates

  • Major remodel year: 2027

Other

  • Builder name: Homestead 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,Convection Oven,Dishwasher,Disposal,Double Oven,Gas Range,Plumbed For Ice Maker,Range Hood,Refrigerator,Self Cleaning Oven,Stainless Steel Appliance(s),Tankless Water Heater,Vented Exhaust Fan,Wine Refrigerator
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Bookcases,Breakfast Bar,Built-in Features,Pantry,Cathedral Ceiling(s),Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Dual Closets,Eat-in Kitchen,Entrance Foyer,High Ceilings,In-Law Floorplan,Kitchen Island,Kitchen/Dining Room Combination,Open Floorplan,Master Downstairs,Quartz Counters,Recessed Lighting,Room Over Garage,Separate Shower,Smooth Ceilings,Soaking Tub,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower,Water Closet,Wet Bar,Wired for Data
  • Door features: Sliding Doors
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Gas Log,Outside
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,859
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 4,859
  • Total interior livable area: 4,859 sqft

Property

Details

  • Parcel number: 1706425865
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Gas Heat,Gunite,Heated,In Ground,Outdoor Pool,Pool/Spa Combo,Private,Salt Water
  • Patio & porch: Front Porch,Porch,Rear Porch,Screened
  • Exterior features: Fenced Yard,Lighting,Private Yard,Rain Gutters,Smart Irrigation
  • Has spa: Yes
  • Spa features: Gunite,Heated,In Ground,Private
  • Fencing: Back Yard, Fenced
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.43 Acres
  • Features: Back Yard,Cleared,Corner Lot,Front Yard,Landscaped
  • Lot size dimensions: see plot plan

Parking

  • Total spaces: 6
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Side,Parking Pad
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered 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 $15,675$188,100
Home Insurance *$701$8,412
Property Taxes $2,235$26,820
Electricity $452$5,430
Total$19,063$228,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$653,588/yr
40% on housing$571,890/yr
45% on housing$508,346/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

$638This listing

vs Other Active Listings

Avg $/sqft

ZIP 27609$362
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27609$340
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
2026-07-09Listed for sale$3,100,000
2026-03-31Sold$800,000
2004-08-03Sold$125,000

New Construction

AgentJim Allen
BrokerageColdwell Banker HPW

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