7829 Penny Rd, Raleigh, NC, 27606
About This Home
Modern farmhouse with double stack 4 car garage and 1st floor guest suite. Huge amazing lot in perfect location close to Parks, cross roads etc.. Abundance of natural light , open floorplan and very well appointed: Site finished hardwoods, 36'' range, upgraded cabinets and tops, huge island, custom pantry, huge primary closet, vaulted primary bed, large laundry room, beefy trim package etc.... This house comes with a REDUCED RATE as low as 5.625% (APR 6.149%) as of 5/11/2026 through List & Lock™. This is a seller paid permanent rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see documents for more information.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2025
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Fiber Cement
Notable Dates
- Major remodel year: 2025
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman, Farmhouse
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Range,Gas Water Heater,Tankless Water Heater
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Block, Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Ceiling Fan(s),Crown Molding,Double Vanity,Entrance Foyer,Kitchen Island,Open Floorplan,Quartz Counters,Recessed Lighting,Walk-In Closet(s)
- Flooring: Hardwood,Tile
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,816
Heating & Cooling
- Heating features: Electric,Forced Air,Heat Pump,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,816
- Total interior livable area: 3,816 sqft
Property
Details
- Parcel number: 10134660
- Special condition: Seller Licensed Real Estate Professional
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Front Porch,Rear Porch
- Exterior features: Private Yard
- Has view: Yes
Lot
- Lot size: 1.05 Acres
- Features: Back Yard,Cleared,Front Yard
- Lot size dimensions: survey
Parking
- Total spaces: 8
- Parking features: Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Wake 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 | $5,814 | $69,768 |
| Home Insurance * | $337 | $4,044 |
| Property Taxes | $610 | $7,320 |
| Electricity | $355 | $4,265 |
| Total | $7,116 | $85,392 |
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 |
|---|---|---|
| 2026-04-08 | Price change | $1,149,900 |
| 2026-03-05 | Price change | $1,174,750 |
| 2026-01-02 | Listed for sale | $1,199,750 |
| 2024-03-26 | Sold | $515,000 |
| 2023-11-25 | Pending sale | $515,000 |
| 2023-09-16 | Contingent | $515,000 |
| 2023-09-12 | Listed for sale | $515,000 |
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