$2,149,000
NEW CONSTRUCTION $150K PRICE DROP

Estimated payment $12,848/month

Total Views 105,916
5 Beds
5.5 Baths
5,176 Sq Ft
$415 Price per Sq Ft

Highlights

  • New Construction
  • Built-In Freezer
  • Wolf Appliances
  • Root Elementary School Rated A
  • Open Floorplan
  • Family Room with Fireplace

About This Home

A new value in Drewry Hills. 126 E. Drewry Lane presents a rare chance to own exceptional new construction in one of Raleigh's most established neighborhoods, with significant value already built into the offering. Tucked along the tree-lined streets of Drewry Hills and backing to the Raleigh Greenway, this newly built residence combines privacy, mature surroundings, and proximity to everything North Hills has to offer. Designed by Frazier Home Design and built by respected local builder JW2, the home was created with an emphasis on timeless architecture, thoughtful functionality, and craftsmanship that will endure. Inside, custom millwork, Visual Comfort lighting, curated tile and abundant natural light create interiors that feel elevated without sacrificing comfort. The kitchen is designed for both everyday living and entertaining, featuring Wolf and Sub-Zero appliances and a fully equipped scullery that provides additional prep, storage, and entertaining space while keeping the main kitchen beautifully composed. One of the home's most distinctive features is its connection to the outdoors. A covered double porch overlooks the wooded landscape and Greenway, creating an unexpected sense of privacy in the heart of Raleigh. Phantom screens and built-in heaters make the space enjoyable throughout the seasons, while a custom elevator connecting every level adds convenience and long-term livability. The lower level offers exceptional flexibility with a generous recreation space ready to become a golf simulator, media lounge, game-day retreat, or secondary living area. A private guest suite and additional rooms provide even more possibilities for a home gym, workshop, hobby room, or creative space. Minutes from North Hills dining, shopping and entertainment, 126 E. Drewry Lane offers something increasingly difficult to find: new construction, an established neighborhood, a private natural setting, and a price that creates a compelling opportunity for the next owner. The home is finished. The location is established. And with its new price, the opportunity may be better than ever.

Listing Agent

Elizabeth Cranfill

Insight Real Estate License #283053 Listed on: 01/22/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,319

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 15,246 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Crown Molding
  • Smooth Ceilings
  • Vaulted Ceiling
  • Chandelier
  • Gas Log Fireplace
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Wolf Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Interior Basement Entry
  • Bedroom in Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

  • Root Elementary School
  • Wake County Schools Middle School
  • Needham Broughton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Drewry Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1705841872

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,319

Year Built

Built in 2024 | New Construction

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Drewry Hills
  • Above Grade Finished Sq Ft: 3879.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Effective Year Built: 2024
  • Contract Information Estimated Completion Date: 2024-12-05
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Primary Bedroom Level: Second
  • Room Types Bedroom 5 Level: Basement
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTQyNjc0IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA4LTE3VDIxOjQ3OjAxLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.CiEwy05V06y-IVJ8LwNy4oP0055oYuN4ZBVI8xPmDxA/badge
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Built-in Features, Bookcases, Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Vaulted Ceiling(s), Wet Bar, Walk-In Closet(s), Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings
  • Basement: Daylight, Interior Entry, Partial, Storage Space, Walk-Out Access, Walk-Up Access, Heated
  • Appliances: Bar Fridge, Built-In Freezer, Built-In Refrigerator, Disposal, Dishwasher, Gas Range, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1297.0
  • Door Features: French Doors, Sliding Doors
  • Fireplace Features: Family Room, Gas Log, Outside
  • Fireplaces: 2
  • Main Level Bedrooms: 1
  • Interior Features:Interior Features: Built-in Features, Bookcases, Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Vaulted Ceiling(s), Wet Bar, Walk-In Closet(s), Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.35
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Driveway, Garage Faces Side, Garage, Garage Door Opener, Side By Side

Utilities

  • Heating: Forced Air
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake - Needham Broughton High
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1705841872

Tax Info

  • Tax Annual Amount: 17319.0
  • Tax Year: 2026
  • Tax Map Number: 8

MLS Schools

  • Elementary School: Wake - Root Elementary

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,319 $1,983,609 $525,000 $1,458,609
2024 $4,733 $545,000 $525,000 $20,000
2023 $4,169 $382,500 $382,500 $0
2022 $4,558 $448,194 $382,500 $65,694
2021 $4,381 $448,194 $382,500 $65,694
2020 $4,301 $448,194 $382,500 $65,694
2019 $4,056 $348,256 $255,000 $93,256
2018 $3,825 $348,256 $255,000 $93,256
2017 $3,643 $348,256 $255,000 $93,256
2016 $3,568 $348,256 $255,000 $93,256
2015 $3,537 $339,665 $150,000 $189,665
2014 $3,355 $339,665 $150,000 $189,665
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2026 08/14/26 Price Changed $2,149,000 -2.3% $415 / Sq Ft
06/24/2026 06/24/26 Price Changed $2,199,000 -2.2% $425 / Sq Ft
04/17/2026 04/17/26 Price Changed $2,249,000 -2.2% $435 / Sq Ft
01/22/2026 01/22/26 For Sale $2,299,000 -- $444 / Sq Ft
Source: Doorify MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $350,000 None Available
Interfamily Deed Transfer -- None Available
Deed $32,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $262,500 Future Advance Clause Open End Mortgage
Source: Public Records

About the Listing Agent

Elizabeth Cranfill

Insight Real Estate

(984) 983-5130

Section Image

Elizabeth has spent her career entrenching herself in the new construction housing and development market in Raleigh and the surrounding areas.

Capitalizing on her time with small, boutique firms, she's been able to avoid many of the pitfalls of working with large agencies, gaining the knowledge that having to wear many hats will give you and establishing valuable contacts within all aspects of the field. As a graduate from Appalachian State University, her education in early childhood

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Source: Doorify MLS

MLS Number: 10142674

Doorify MLS

APN: 1705.16-84-1872-000

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