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Sold for $1,525,000 on 03/10/25
  • $1,525,000

    1008 Frank Bailey Rd, Wake Forest, NC 27587

    4beds
    4,350sqft
    Single Family Residence, Residential
    Built in 2024
    1.83 Acres Lot
    $1,513,100 Zestimate®
    $351/sqft
    $5,066 Estimated rent

    Home value

    $1,513,100

    $1.44M - $1.59M

    $5,066/mo

    Zestimate® history
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    $8,932/mo

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    What's special

    Introducing a custom-built home by Capstone Builders. This amazing home is situated on an expansive 1.83 acre home site with abundant privacy and opportunities for outdoor living, pool and/or a detached garage. Home site is located only a mile from Hwy 98 off Stony Hill Rd, with quick access to Wake Forest and Raleigh. Enter through double mahogany doors into an open floor plan with 10' ceilings throughout 1st floor. A gourmet kitchen features a large island with seating, Silestone countertops, Monogram SS appliances featuring a 48'' dual fuel range and 42'' built-in refrigerator. A large pantry provides additional cabinet space and shelving including a prep sink with a beverage center. A unique feature of this home is the cozy sunroom and breakfast space area that you can enjoy coffee in morning or wine in the afternoon. A large, formal dining room and private office offer custom trim details. The primary suite includes a vaulted ceiling, hardwoods and spacious closet. A luxurious primary bathroom with plentiful natural light features separate vanities, freestanding tub w/ tub filler, super shower with a zero entry and floating shower seat. You may never leave this private retreat! Your great room offers bountiful space and furniture layouts. Large tiles surround a fireplace with built-ins. A 16' double sliding door leads to a huge, vaulted covered porch featuring an additional fireplace. The large backyard with wooded perimeter provides privacy and many opportunities for outdoor living. Additionally, the home has that much needed 1st floor guest bedroom with private bath and a large laundry room with a custom built mudroom bench. Upstairs the home includes a large recreational space, two large secondary bedrooms, a second office/flex space and ample attic storage.

    Zillow last checked: 8 hours ago

    Listing updated: October 28, 2025 at 12:34am

    Listed by:

    Jim Allen 919-645-2114,

    Coldwell Banker HPW

    Bought with:

    Beth Peterson, 286012

    Costello Real Estate & Investm

    Source: Doorify MLS,MLS#: 10054662MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Gas Range, Dishwasher, Gas Range, Ice Maker, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater
    • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
    Features
    • Bathtub/Shower Combination, Breakfast Bar, Built-in Features, Pantry, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Master Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Soaking Tub, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
    • Flooring: Carpet, Hardwood, Tile
    • Doors: Sliding Doors
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Gas Log, Outside, Propane
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,350
    • Total interior livable area: 4,350 sqft
    • Finished area above ground: 4,350
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
    • Attached garage spaces: 3
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch, Porch, Rear Porch
    • Exterior features: Rain Gutters
    • Pool features: Solar Cover, None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    Lot
    • Size: 1.83 Acres
    • Features: Back Yard, Front Yard, Landscaped
    Details
    • Additional structures: None
    • Parcel number: 1811782432
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional, Transitional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Board & Batten Siding, Brick, Fiber Cement
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: Yes
    • Year built: 2024
    • Major remodel year: 2024
    Details
    • Builder name: Capstone Builders, Inc

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Septic Connected, Sewer Available, Water Connected, Underground Utilities

    Community & neighborhood

    Location
    • Region: Wake Forest
    • Subdivision: Not in a Subdivision

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/10/2025Sold$1,525,000-1.6%$351/sqft
    Source: Doorify MLS #10054662 Report a problem
    2/11/2025Pending sale$1,550,000$356/sqft
    Source: Doorify MLS #10054662 Report a problem
    9/25/2024Listed for sale$1,550,000$356/sqft
    Source: Doorify MLS #10054662 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,549 +710.4%$1,190,678 +693.8%
    2024$932 +19.5%$150,000 +50%
    2023$780 +8%$100,000

    Find assessor info on the county website

    Neighborhood: 27587

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Forest Pines
    • Middle: Wake - Wakefield
    • High: Wake - Wakefield

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,513,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,513,100