$1,489,300
- 4 Beds
- 4.5 Baths
- 4,350 sqft (on 1.83 acres)
1008 Frank Bailey Rd, Wake Forest, NC 27587
Est. Refi. Payment $8,560/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 10, 2025 for $1,525,000
Home Value
Trulia Estimate
$1.49MSince last month
Decreased$7K (-0.5%)Since last year
Increased$15K (+1%)Since last sale
Decreased$36K (-2.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.49M |
| August 2026 | $1.49M |
| July 2026 | $1.5M |
| June 2026 | $1.49M |
| May 2026 | $1.5M |
| March 2026 | $1.49M |
| February 2026 | $1.5M |
| January 2026 | $1.5M |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $650,000 | 01/30/26 | 4 | 2.5 | 2,469 | |
0.49 | Single-Family Home | $1,295,000 | 02/27/26 | 4 | 4.5 | 5,187 | |
0.49 | Single-Family Home | $1,390,000 | 10/02/25 | 4 | 4.5 | 3,706 | |
0.54 | Single-Family Home | $1,470,000 | 04/24/26 | 4 | 5 | 4,515 | |
0.55 | Single-Family Home | $1,813,104 | 04/17/26 | 4 | 5 | 4,763 | |
0.53 | Single-Family Home | $1,245,000 | 02/20/26 | 4 | 4.5 | 6,147 | |
0.41 | Single-Family Home | $1,497,000 | 06/29/26 | 5 | 4.5 | 5,066 | |
0.49 | Single-Family Home | $1,375,000 | 08/14/26 | 4 | 5 | 3,944 | |
0.57 | Single-Family Home | $1,700,000 | 09/03/26 | 5 | 4.5 | 4,721 | |
0.44 | Single-Family Home | $1,995,000 | 04/07/26 | 5 | 5.5 | 5,237 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,093,100 | 4 | 3.5 | 3,146 | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.05 | $610,900 | 4 | 2.5 | 3,028 | Off Market | |
0.10 | $662,000 | 4 | 2.5 | 3,031 | Off Market | |
0.10 | $650,000 | 4 | 2.5 | 2,469 | Recently Sold | |
0.10 | $823,500 | 4 | 3 | 3,600 | Off Market | |
0.13 | $487,800 | 3 | 2 | 1,903 | Off Market | |
0.19 | $395,000 | - | - | - | For Sale | |
0.18 | $631,500 | 4 | 3.5 | 3,225 | Off Market | |
0.22 | $577,500 | 4 | 2 | 2,851 | Recently Sold | |
0.23 | $1,422,615 | 5 | 5.5 | 4,200 | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2024
1.83 acre lot
4,350 sqft
$342/sqft
Garage
About this House
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.
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.
1008 Frank Bailey Rd, Wake Forest, NC 27587 is a 4 bedroom, 5 bathroom, 4,350 sqft single-family home built in 2024. It last sold for the $1,525,000 asking price on Mar 10, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,489,300, with a rent estimate of $5,203/month.
Last check for updates: about 11 hours ago
Listed by Jim Allen, (919) 645-2114
Coldwell Banker HPW
Bought with: Beth Peterson, (919) 438-2598, Costello Real Estate & Investm
Source: Doorify MLS, MLS#10054662

Home Details for 1008 Frank Bailey Rd
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Interior Details Number of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Gym, Kitchen, Laundry, Office, Other, Recreation Room, Sunroom |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4350 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Connected, Septic ConnectedAppliances: Built-In Gas Range, Dishwasher, Gas Range, Ice Maker, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water HeaterDishwasherLaundry: Electric Dryer Hookup,Laundry Room,Main Level,Washer HookupMicrowave |
Heating & Cooling Heating: Central,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Family Room, Gas Log, Outside, PropaneSpa: NoneNo Spa |
Windows, Doors, Floors & Walls Door: Sliding DoorsFlooring: Carpet, Hardwood, TileCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Hardwood, Tile |
View No View |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: Architectural ShinglePatio / Porch: Covered, Front Porch, Porch, Rear PorchFencing: NoneVegetation: Partially WoodedOther Structures: NoneExterior: Rain GuttersFoundation: Brick/Mortar |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 5Parking: Attached,Concrete,Driveway,Garage Faces Front,Garage Faces Side,Garage,Garage Door Opener |
Pool Pool: None, Solar Cover |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Asphalt |
Water & Sewer Sewer: Septic Tank |
Farm & Range Horse Amenities: None, Paddocks |
Finished Area Finished Area (above surface): 4350 Square Feet |
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Year Built Year Built: 2024Year Renovated: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: House, Site BuiltArchitecture: Traditional,Transitional |
Building Construction Materials: Board & Batten Siding, Brick, Fiber CementIs a New Construction |
Property Information Condition: New ConstructionParcel Number: 1811782432 |
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Price List Price: $1,525,000 |
Status Change & Dates Off Market Date: Tue Feb 11 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Wake Forest |
School Information Elementary School: Wake - Forest Pines Drive ElementaryJr High / Middle School: Wake - Wakefield MiddleHigh School: Wake - Wakefield High |
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Building Details Builder Model: Custom |
Building Area Building Area: 4350 Square Feet |
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No HOA |
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Lot Area: 1.83 Acres |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 10054662Above Grade Unfinished Area: 4350 |
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HOA Amenities: NoneSource Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 10, 2025 Source: Doorify MLS #10054662 | Sold | $1,525,000 |
Feb 11, 2025 Source: Doorify MLS #10054662 | Pending | $1,550,000 |
Sep 25, 2024 Source: Doorify MLS #10054662 | Listed For Sale | $1,550,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,549 | $1,190,678 |
Home facts updated by county records
Market trends in Wake Forest
Last updated July 2026
Avg. sale price
$548K
$3.58KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$217
$4MoM
Available listings
510
13MoM
Around this home
What Locals Say about Wake Forest
At least 410 Trulia users voted on each feature.
94 % Say car is needed
93 % Say it's dog friendly
87 % Say parking is easy
83 % Say there's holiday spirit
80 % Say people would walk alone at night
79 % Say yards are well-kept
76 % Say kids play outside
75 % Say there are sidewalks
73 % Say it's quiet
68 % Say streets are well-lit
64 % Say neighbors are friendly
59 % Say they plan to stay for at least 5 years
58 % Say there's wildlife
49 % Say there are community events
36 % Say it's walkable to restaurants
33 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Frequently asked questions about 1008 Frank Bailey Rd
- What is 1008 Frank Bailey Rd estimated to be worth?Trulia's estimated value for 1008 Frank Bailey Rd in Wake Forest, NC is $1,489,300.
- What is the price history for 1008 Frank Bailey Rd?1008 Frank Bailey Rd in Wake Forest, NC last sold for $1,525,000 in March 2025.
- Is Wake Forest a buyer's or seller's market?Wake Forest is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Wake Forest?The median sale price in Wake Forest is $548K. That is up $3.58K from the prior month.
- Does 1008 Frank Bailey Rd have air conditioning?Yes, 1008 Frank Bailey Rd in Wake Forest, NC has air conditioning.
- Does 1008 Frank Bailey Rd have a pool?Yes, 1008 Frank Bailey Rd in Wake Forest, NC has a pool.

