NEW CONSTRUCTION! This gorgeous brand new home is located right in the hot spot of Caraleigh. Many large developments coming to this area! This home is filled with high end designer fixtures throughout. Enjoy cooking in this beautiful white kitchen, high end appliances, a pantry, Calcutta quartz countertops, a serving station connected to the huge covered deck that leads to a large flat yard. Custom metal handrails, site finished hardwoods throughout the first two floors, custom trim work throughout, gas copper lamps on the covered front porch. Walk onto master bathroom marble floors and a large custom WIC. Each bedroom has its own en suite and the third floor could be a bedroom or a full bonus area with wet bar! To top it all off you have a covered third floor deck to take in the skyline views of the city!
Sold for $935,500 on 12/14/23
$935,500
118 Summit Ave, Raleigh, NC 27603
4beds
3,054sqft
Single Family Residence, Residential
Built in 2023
7,405.2 Square Feet Lot
$1,026,300 Zestimate®
$306/sqft
$4,031 Estimated rent
Home value
$1,026,300
$954,000 - $1.11M
$4,031/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 11:58pm
Listed by:
Isabel Moss 919-214-4776,
EXP Realty LLC
Bought with:
Deb McCutcheon, 188581
RE/MAX Advantage
Source: Doorify MLS,MLS#: 2540884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Zoned
Features
- Flooring: Carpet, Hardwood, Tile
- Has fireplace: No
Interior area
- Total structure area: 3,054
- Total interior livable area: 3,054 sqft
- Finished area above ground: 3,054
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete, Driveway
Features
- Levels: Three Or More
- Stories: 3
- Has view: Yes
Lot
- Size: 7,405 sqft
- Dimensions: 50 x 150
Details
- Parcel number: 1703520462
- Special conditions: Seller Licensed Real Estate Professional
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement
Condition
- New construction: Yes
- Year built: 2023
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Caraleigh
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 12/14/2023 | Sold | $935,500-1.5%$306/sqft |
Source:  Doorify MLS #2540884 | ||
| 12/1/2023 | Pending sale | $949,900$311/sqft |
Source: BURMLS #2540884 | ||
| 11/12/2023 | Contingent | $949,900$311/sqft |
Source: Doorify MLS #2540884 | ||
| 11/7/2023 | Listed for sale | $949,900-5%$311/sqft |
Source: Doorify MLS #2540884 | ||
| 10/16/2023 | Listing removed | -- |
Source: Doorify MLS #2522522 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,248 +0.4% | $943,427 |
| 2024 | $8,214 +131.7% | $943,427 +190.1% |
| 2023 | $3,545 +137.5% | $325,200 +123.6% |
Find assessor info on the county website
Neighborhood: Southwest Raleigh
Nearby schools
GreatSchools rating
- 5/10Washington ElementaryGrades: K-5Distance: 0.4 mi
- 7/10Ligon MiddleGrades: 6-8Distance: 1.3 mi
- 7/10William G Enloe HighGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Wake - Washington
- Middle: Wake - Ligon
- High: Wake - Enloe
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
$1,026,300
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
$1,026,300