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4312 Lambeth Dr, Raleigh, NC, 27609

5beds
7baths
5,686sqft
$3,750,000
$660price/sqft
$23,042/moest. monthly cost
$921,680/yrincome needed

About This Home

An exceptional presale opportunity in Raleigh's highly coveted North Hills community, offered in collaboration with award-winning Homescapes Builders--renowned for their refined craftsmanship and bespoke execution. This offering provides the discerning buyer with the rare ability to customize our existing plans or collaborate from the ground up with one of our preferred architectural designers to create a truly one-of-a-kind residence. Every detail, from architectural expression to curated interior finishes, can be thoughtfully tailored to reflect a sophisticated vision of modern luxury living. Positioned to capture skyline views of North Hills from the front while offering exceptional privacy in the rear, this homesite delivers a rare balance of openness and seclusion--all within a premier Midtown location. Opportunities of this caliber--combining location, views, and complete architectural freedom--are exceedingly rare. An extraordinary canvas to craft a legacy residence in one of Raleigh's most prestigious enclaves.

Getting Around

18
WalkingCar-Dependent
32
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

4/10
Douglas ElementaryGrades PK-50.3 mi
5/10
Carroll MiddleGrades 6-80.5 mi
6/10
Sanderson HighGrades 9-121.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Permanent
  • Roof: Shingle, Metal
  • Construction materials: Brick,Brick Veneer,Fiber Cement,HardiPlank Type,Spray Foam Insulation

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Homescapes Builders

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Built-In Freezer,Built-In Gas Range,Built-In Refrigerator,Convection Oven,Dishwasher,Disposal,Double Oven,Electric Oven,Gas Range,Gas Water Heater,Ice Maker,Microwave,Plumbed For Ice Maker,Range,Range Hood,Refrigerator,Self Cleaning Oven,Stainless Steel Appliance(s),Tankless Water Heater,Vented Exhaust Fan,Water Heater,Wine Refrigerator
  • Laundry features: Electric Dryer Hookup,Laundry Closet,Laundry Room,Main Level,Multiple Locations,Sink,Upper Level,Washer Hookup

Bedrooms & Bathrooms

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

Features

  • Bar,Bathtub/Shower Combination,Bookcases,Breakfast Bar,Built-in Features,Pantry,Cathedral Ceiling(s),Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Eat-in Kitchen,Entrance Foyer,High Ceilings,In-Law Floorplan,Kitchen Island,Kitchen/Dining Room Combination,Open Floorplan,Master Downstairs,Quartz Counters,Recessed Lighting,Separate Shower,Smart Thermostat,Smooth Ceilings,Soaking Tub,Sound System,Storage,Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower,Water Closet,Wet Bar,Wired for Data,Wired for Sound
  • Door features: French Doors
  • Window features: Low-Emissivity Windows
  • Flooring: Carpet,Ceramic Tile,Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas,Gas Log
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 5,686
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s),Forced Air,Gas Pack,Heat Pump,Natural Gas,Zoned
  • Cooling features: Ceiling Fan(s),Central Air,Dual,Electric,Zoned

Interior Area

  • Total structure area: 5,686
  • Total interior livable area: 5,686 sqft

Property

Details

  • Parcel number: 170620804815000 0077532
  • Zoning: R-4
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Front Porch,Porch,Rear Porch,Screened,Side Porch
  • Exterior features: Barbecue,Built-in Barbecue,Gas Grill,Lighting,Outdoor Grill,Outdoor Kitchen,Private Yard,Rain Gutters,Smart Irrigation
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City Lights,Neighborhood,Trees/Woods

Lot

  • Lot size: 0.52 Acres
  • Features: Back Yard,Front Yard,Gentle Sloping,Hardwood Trees,Landscaped,Rectangular Lot,Sloped Down,Sprinklers In Front,Sprinklers In Rear,Views
  • Lot size dimensions: 100 x 210

Parking

  • Total spaces: 6
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Front,Garage Faces Side,Kitchen Level,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
  • 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 $18,962$227,544
Home Insurance *$848$10,176
Property Taxes $2,703$32,436
Electricity $529$6,355
Total$23,042$276,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$790,011/yr
40% on housing$691,260/yr
45% on housing$614,453/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

$660This 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
2026-04-02Listed for sale$3,750,000
2025-05-19Sold$930,000
2002-09-26Sold$170,000

New Construction

AgentJim Allen
BrokerageColdwell Banker HPW

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