$325,000
PENDING NEW CONSTRUCTION $60K PRICE DROP

Estimated payment $2,366/month

Total Views 14,705
3 Beds
2.5 Baths
2,513 Sq Ft
$129 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Transitional Architecture
  • Richland Creek Elementary School Rated A-
  • Deck
  • High Ceiling

About This Home

Brand-New Stanley Martin Home in Magnolia Trace! Experience the convenience and charm of walkable downtown living in Wake Forest with the stunning Julianne floorplan. Located in the sought-after Magnolia Trace community, this spacious 3-bedroom, 2.5-bath home offers 2,513 square feet of thoughtfully designed living space just a 2-minute walk from the shops, restaurants, and events of downtown Wake Forest. The open-concept layout is perfect for both everyday living and entertaining, featuring an impressive 12-foot quartz kitchen island, perfect for entertaining and everyday living. The expansive living room is enhanced by decorative ceiling beams, creating a warm and inviting atmosphere. Step outside to your balcony, the perfect spot to enjoy your morning coffee or unwind in the evening. Retreat to the spacious primary suite, where the luxurious primary bath features a dedicated vanity area—perfect for getting ready each day. Thoughtfully designed living spaces, stylish finishes, and modern conveniences can be found throughout the home. With an unbeatable location and low-maintenance lifestyle, this brand-new Stanley Martin home offers a rare opportunity to enjoy the best of downtown Wake Forest. Enjoy the convenience of walking to downtown Wake Forest restaurants, shops, breweries, coffee shops, and more! *Home is currently under construction (Cabinets/Trim). Photos are of a similar home* Call and schedule your private tour today or come by the Model Home for an Open House!

Listing Agent

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 03/05/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2026 | New Construction

Lot Details

  • No Unit Above or Below
  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $275 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 7/22/26
  • Transitional Architecture
  • Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,513 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Smooth Ceilings
  • High Ceiling
  • Recessed Lighting
  • Combination Kitchen and Dining Room
  • Scuttle Attic Hole
  • Smart Locks

Kitchen

  • Eat-In Kitchen
  • Built-In Electric Oven
  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops

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
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Deck

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake County Schools High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 5.1

Community Details

Overview

  • 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
  • Magnolia Trace Subdivision, Julianne Floorplan

Amenities

  • Restaurant

Recreation

  • Park

Property Details

Home Type

Condominium

Year Built

Built in 2026 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$275 per month

Parking

1

Listing Details

  • Builder Name: Stanley Martin Homes
  • Builder Model: Julianne
  • Year Built: 2026
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Storm Water Maintenance
  • Subdivision Name: Magnolia Trace
  • Above Grade Finished Sq Ft: 2513.0
  • Architectural Style: Modern, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Effective Year Built: 2026
  • General Property Information Association Fee Required YN: Yes
  • Contract Information Estimated Completion Date: 2026-07-22
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Primary Bedroom Level: Second
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 275.0
  • DelayedMarketingYN: No
  • General Property Information:Builder Name3: Stanley Martin Homes
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTUwNjIxIiwiU3RhbmRhcmRTdGF0dXMiOiJQZW5kaW5nIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNy0xOFQwMjoyMDo1Mi4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8yNTg3MSIsIkxpY2Vuc2VlTmFtZSI6IkhvbWVzIFBybyJ9.GTqPvFiec7nivNuSA9Md8JUR3R1igXCsg8XFClF6_fI/badge
  • Special Features: 4098
  • Property Sub Type: Condos
  • Year Renovated: 2026

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Beamed Ceilings, Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Other, Pantry, Recessed Lighting, Walk-In Closet(s), Wired for Data, Wired for Sound, Kitchen/Dining Room Combination, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings
  • Appliances: Built-In Electric Range, Built-In Electric Oven, Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Microwave, Oven, Stainless Steel Appliance(s), Vented Exhaust Fan
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Attic Features:Attic Features: Scuttle
  • Interior Features:Interior Features: Beamed Ceilings, Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Other, Pantry, Recessed Lighting, Walk-In Closet(s), Wired for Data, Wired for Sound, Kitchen/Dining Room Combination, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Balcony, Smart Lock(s)
  • Home Warranty: Yes
  • Common Walls: 2+ Common Walls, No One Above
  • Construction Type: Brick, Fiber Cement
  • Direction Faces: West
  • 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

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Electric, Zoned
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Restaurant, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 9198484911
  • Association: Yes

Schools

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

Lot Info

  • Lot Dimensions: 0 x 0
  • Parcel #: 5.1

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Richland Creek Elementary School

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/23/2026 06/23/26 Pending -- -- --
06/17/2026 06/17/26 Price Changed $325,000 -7.1% $129 / Sq Ft
05/07/2026 05/07/26 Price Changed $350,000 -6.7% $139 / Sq Ft
04/29/2026 04/29/26 Price Changed $375,000 -2.6% $149 / Sq Ft
03/05/2026 03/05/26 For Sale $385,000 -- $153 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10150621

Doorify MLS
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