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503 Oakland Dr, Raleigh, NC, 27609

4beds
5baths
5,243sqft
$2,970,000
$566price/sqft
$18,299/moest. monthly cost
$731,960/yrincome needed

About This Home

Tucked away on a beautifully wooded homesite, 503 Oakland Dr is a striking custom-built modern retreat offering over 5,200 square feet of thoughtfully designed luxury living. This one-of-a-kind residence blends clean architectural lines, warm natural materials, and expansive glass to create a seamless connection between indoor and outdoor spaces. Step inside to soaring ceilings, sun-drenched interiors, and an open-concept layout designed for both everyday living and effortless entertaining. The chef's kitchen anchors the home with a dramatic oversized island, sleek cabinetry, and high-end finishes, flowing into multiple living and dining spaces filled with natural light. The home features 4 spacious bedrooms, each offering comfort and privacy, along with a stunning primary suite that feels like a private retreat. A dedicated wine cellar adds a refined touch, while a versatile playroom and additional flex spaces provide endless possibilities for work, fitness, or recreation. Outdoor living is equally impressive, with a serene plunge pool, multiple terraces, and a screened-in porch that invites year-round enjoyment. Surrounded by mature trees, the setting offers a rare sense of privacy just minutes from the heart of Raleigh. Modern, luxurious, and truly distinctive, this is a home that delivers both style and substance in every detail.

Getting Around

40
WalkingCar-Dependent
34
TransitSome Transit
30
BikeSomewhat Bikeable

Schools

5/10
Joyner ElementaryGrades PK-50.8 mi
6/10
Oberlin Middle SchoolGrades 6-81.7 mi
7/10
Needham Broughton HighGrades 9-122.8 mi

Construction

Condition

  • Year built: 2019

Materials

  • Foundation: Combination
  • Roof: Metal, Shingle
  • Construction materials: HardiPlank Type,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Built-In Refrigerator,Dishwasher,Disposal,Electric Cooktop,Exhaust Fan,Gas Water Heater,Ice Maker,Plumbed For Ice Maker,Tankless Water Heater,Water Heater
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Sink,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Exterior Entry, Finished, Interior Entry, Partial, Storage Space

Bedrooms & Bathrooms

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

Features

  • Bar,Bathtub/Shower Combination,Pantry,Ceiling Fan(s),Double Vanity,Dry Bar,Dual Closets,Entrance Foyer,High Ceilings,High Speed Internet,Kitchen Island,Open Floorplan,Quartz Counters,Recessed Lighting,Smooth Ceilings,Soaking Tub,Walk-In Closet(s),Walk-In Shower,Water Closet,Wet Bar
  • Flooring: Concrete,Hardwood,Tile
  • Finished area below ground: 1,420
  • Finished area above ground: 3,823

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 5,243
  • Total interior livable area: 5,243 sqft

Property

Details

  • Parcel number: 170512956618000 0032983
  • Zoning: R-4
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 1
  • Pool features: Heated,In Ground,Outdoor Pool
  • Patio & porch: Covered,Deck,Front Porch,Patio,Porch,Rear Porch,Screened
  • Exterior features: Fire Pit,Lighting,Rain Gutters,Smart Camera(s)/Recording
  • Fencing: None
  • Has view: Yes

Lot

  • Lot size: 0.67 Acres
  • Features: Back Yard,Front Yard,Hardwood Trees,Landscaped

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Garage,Garage Door Opener,Garage Faces Front,Inside Entrance,Parking Pad
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
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 $15,017$180,204
Home Insurance *$671$8,052
Property Taxes $2,123$25,476
Electricity $488$5,860
Total$18,299$219,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$627,394/yr
40% on housing$548,970/yr
45% on housing$487,973/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

$566This listing

vs Other Active Listings

Avg $/sqft

ZIP 27609$363
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
2026-05-13Price change$3,150,000
2026-04-12Listed for sale$3,200,000
2026-04-12Pending sale$3,200,000
2026-03-30Listed for sale$3,200,000
2010-10-19Sold$306,000
2010-05-22Price change$374,900
2009-09-16Listed for sale$389,900
1999-12-03Sold$196,000

For Sale by Agent

AgentSylvain Dufour
BrokerageKeller Williams Realty

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