$325,000
OPEN SUN 1PM - 4PM NEW CONSTRUCTION $25K PRICE DROP

10552 Bailey Branch Dr Unit 101 Raleigh, NC 27614

Falls River Neighborhood

Estimated payment $2,316/month

Total Views 3,254
3 Beds
2.5 Baths
1,524 Sq Ft
$213 Price per Sq Ft

Highlights

  • New Construction
  • Deck
  • High Ceiling
  • Abbotts Creek Elementary School Rated A
  • Transitional Architecture
  • Balcony

About This Home

Stanley Martin presents The Tessa at Raven Ridge Place. This thoughtfully designed lower-level condo offers the perfect blend of comfort and convenience, complete with an attached 1-car garage. The Tessa floorplan welcomes you with a bright, open-concept main level where the kitchen, breakfast area, and family room flow seamlessly together--ideal for both everyday living and entertaining. Upstairs, the home features three generously sized bedrooms, including a spacious primary suite with dual walk-in closets and a private en suite bath. Also, two guest bedrooms, private deck, and even room for a stackable laundry in the hallway closet. No more hauling dirty clothes downstairs and then carrying clean clothes all the way back up again. Conveniently located just off Falls of Neuse Road and I-540, Raven Ridge Place provides easy access to shopping, dining, and recreation, all while delivering the ease of a low-maintenance lifestyle. Please note: Photos shown are of a similar home and may not reflect the exact finishes of this unit.

Listing Agent

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 03/31/2026

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 2026 | New Construction

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • 1 Open Parking Space

Home Design

  • Home is estimated to be completed on 7/30/26
  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Deck

Schools

  • Abbotts Creek Elementary School
  • East Millbrook Middle School
  • Millbrook High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, trash, water, storm water maintenance
  • Ppm Association, Phone Number (919) 848-4911
  • Built by Stanley Martin Homes
  • Raven Ridge Subdivision, Tessa Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 172808840

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,500

Year Built

Built in 2026 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$265 per month

Parking

1

Listing Details

  • Builder Name: Stanley Martin Homes
  • Builder Model: Tessa
  • Year Built: 2026
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Storm Water Maintenance
  • Subdivision Name: Raven Ridge
  • Above Grade Finished Sq Ft: 1524.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Effective Year Built: 2024
  • General Property Information Association Fee Required YN: Yes
  • Contract Information Estimated Completion Date: 2026-07-30
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Primary Bedroom Level: Second
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 265.0
  • DelayedMarketingYN: No
  • Special Features: 3
  • Property Sub Type: Townhouses
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Kitchen/Dining Room Combination, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Smooth Ceilings
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Balcony
  • Home Warranty: Yes
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage Faces Rear, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No
  • Association Fee: 265.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 9198484911
  • Association: Yes

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - East Millbrook

Lot Info

  • Lot Dimensions: See Recorded Plat
  • Parcel #: 172808840

Tax Info

  • Tax Annual Amount: 3500.0
  • Tax Year: 2026

MLS Schools

  • Elementary School: Wake - Abbotts Creek

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 Price Changed $325,000 -7.1% $213 / Sq Ft
03/31/2026 03/31/26 For Sale $350,000 -- $230 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10156460

Doorify MLS
North Carolina Wake County Raleigh 27614 Falls River

10552 Bailey Branch Dr Unit 101, Raleigh, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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Listing Agent
Jolene Johnson
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SM North Carolina Brokerage
(919) 289-8124
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