$3,500,000
SOLD JAN 24, 2025

5105 Avalaire Oaks Dr Raleigh, NC 27614

Falls Lake Neighborhood
4 Beds
8 Baths
7,326 Sq Ft
1.19 Acres

Recently Sold

$478 Per Sq Ft

8% Below List Price

145 Days on Market

Highlights

  • Heated Infinity Pool
  • Solar Power System
  • Open Floorplan
  • Brassfield Elementary School Rated A-
  • Built-In Freezer
  • National Green Building Certification (NAHB)

About This Home

As of January 2025

Welcome to Unparalleled Luxury in this Extraordinary Custom Estate located in Prestigious Avalaire. Meticulously crafted by Bost Custom Homes. This residence exudes modern elegance and sophistication with open design & expansive light-filled interiors, seamlessly merging the family living/dining areas into an exquisite living space. Chef's kitchen is a masterpiece, w/Wolf range, Sub-Zero, custom cabinetry, quartzite, Island/breakfast bar, Espresso bar, & Spacious Scullery. A wine cellar w/backlit flooring, cedar beams, arched trusses & oak hardwoods enhance the home's timeless charm. Main floor owner's suite offers a private retreat w/spa bath, coffee bar & expansive closet. Entertainment options abound with a massive recreation/media rm, Exercise rm, & libation bar. Elevator, Control4, folding glass doors, phantom screens, solar panels. Step outside to a private oasis w/infinity-edge pool, waterfall, spa, pool bath, cabana w/FP, grill, & lounge area beneath the solar pavilion. Indulge in luxury with this premier residence!

Last Agent to Sell the Property

Leslie Young

Coldwell Banker HPW License #191462 Listed on: 07/29/2024

Coldwell Banker HPW

Co-Listed By

John Young

Coldwell Banker HPW License #166206

Last Buyer's Agent

Jim Allen

Daughtry Realty License #126077

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,556

Year Built

  • Built in 2017

Lot Details

  • 1.19 Acre Lot
  • East Facing Home
  • Corner Lot
  • Landscaped with Trees
  • Back Yard Fenced

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Transitional Architecture
  • Rustic Architecture
  • Brick or Stone Mason
  • Block Foundation
  • Spray Foam Insulation
  • Slate Roof
  • Lap Siding
  • HardiePlank Type
  • Stone

Interior Spaces

  • 7,326 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Bookcases
  • Woodwork
  • Beamed Ceilings
  • Coffered Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Chandelier
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Game Room
  • Screened Porch
  • Storage
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Brick
  • Carpet
  • Radiant Floor
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower
  • Solar Tube

Laundry

  • Laundry Room
  • Sink Near Laundry

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Smart Home
  • Smart Thermostat
  • Fire and Smoke Detector

Eco-Friendly Details

  • National Green Building Certification (NAHB)
  • Energy-Efficient Construction
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Home Performance with ENERGY STAR
  • Energy-Efficient Thermostat
  • Ventilation
  • Solar Power System
  • Heating system powered by active solar

Pool

  • Heated Infinity Pool
  • Cabana
  • Saltwater Pool
  • Spa
  • Waterfall Pool Feature
  • Outdoor Shower

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Outdoor Gas Grill
  • Rain Gutters
  • Rain Barrels or Cisterns

Schools

  • Brassfield Elementary School
  • West Millbrook Middle School
  • Millbrook High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, storm water maintenance
  • Avalaire HOA, Phone Number (919) 847-3003
  • Built by Bost Custom Homes
  • Avalaire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1718082929

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,556

Year Built

Built in 2017

Lot Details

0

HOA Fees

$217 per month

Parking

3

Listing Details

  • Builder Name: Bost Custom Homes
  • Year Built: 2017
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Storm Water Maintenance
  • Co List Office Mls Id: 3198
  • Co List Office Phone: 919-876-8824
  • Subdivision Name: Avalaire
  • Above Grade Finished Sq Ft: 7326.0
  • Architectural Style: Rustic, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Construction, Insulation, Lighting, Thermostat
  • Green Power: Solar
  • Effective Year Built: 2017
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Loft: Yes
  • Room Types Living Room2: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-847-3003
  • Green Indoor Air Quality Ventilation: Yes
  • Room Types Recreation Room3: Yes
  • Foundation Details Block3: Yes
  • Architectural Style Rustic: Yes
  • Water Source Community Water: Yes
  • Pool Features In Ground: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Mud Room: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Monthly Association Fees2: 650.0
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: Yes
  • Pool Features Private4: Yes
  • Pool Features Salt Water: Yes
  • General Property Information Above Grade Finished Area: 7326.0
  • Flooring Brick2: Yes
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • Utilities Underground Utilities: Yes
  • Fencing Back Yard: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Phone Connected: Yes
  • Utilities Septic Connected: Yes
  • Utilities Cable Connected: Yes
  • Room Types Game Room2: Yes
  • Laundry Features Sink: Yes
  • Pool Features Heated: Yes
  • Flooring Cork: Yes
  • General Property Information Lot Size Square Feet2: 51836.0
  • General Property Information Lot Size Acres: 1.19
  • Pool Features Infinity: Yes
  • Pool Features Waterfall2: Yes
  • Other Structures Cabana2: Yes
  • General Property Information Stories2: 2
  • Green Building Verification Type Home Performance with ENERGY STAR: Yes
  • Green Building Verification Type NGBS Certification: Yes
  • General Property Information Builder Name: Bost Custom Homes
  • General Property Information Direction Faces: East
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 2017

Interior Features

  • Flooring: Brick, Carpet, Cork, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Beamed Ceilings, Bookcases, Breakfast Bar, Butler's Pantry, Cathedral Ceiling(s), Central Vacuum, Chandelier, Coffered Ceiling(s), Double Vanity, Eat-in Kitchen, Elevator, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Natural Woodwork, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Recessed Lighting, Separate Shower, Smart Home, Smart Thermostat, Smooth Ceilings, Soaking Tub, Solar Tube(s), Sound System, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar, Wired for Sound, See Remarks
  • Private Spa: Yes
  • Appliances: Built-In Freezer, Built-In Refrigerator, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Gas Range, Ice Maker, Microwave, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Family Room, Gas Log, Outside, Wood Burning
  • Total Bedrooms: 15
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Attic Features:Floored: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Wired for Sound: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Smart Home: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Natural Woodwork: Yes
  • Interior Features:Chandelier: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Appliances:Built-In Refrigerator: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:See Remarks10: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Wine Cooler: Yes
  • Interior Features:Solar Tube(s): Yes
  • Appliances:Built-In Freezer: Yes

Exterior Features

  • Roof: Slate, Synthetic
  • Exterior Features: Fenced Yard, Gas Grill, Outdoor Grill, Outdoor Shower, Rain Barrel/Cistern(s), Rain Gutters
  • Fencing: Back Yard
  • Acres: 1.19
  • Construction Type: Engineered Wood, HardiPlank Type, Lap Siding, Spray Foam Insulation, Stone
  • Direction Faces: East
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Gas Grill: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Door Features:French Doors: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Rain BarrelCistern(s): Yes
  • Window Features:Drapes: Yes
  • Window Features:Low Emissivity Windows: Yes
  • Construction Materials:Lap Siding: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Construction Materials:Spray Foam Insulation: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached Carport: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Open Parking YN2: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Septic Connected, Water Connected, Underground Utilities
  • Heating: Active Solar, Forced Air, Natural Gas, Radiant Floor, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Active Solar: Yes

Condo/Co-op/Association

  • Association Fee: 650.0
  • Association Fee Frequency: Quarterly
  • Association Name: Avalaire HOA
  • Phone: 919-847-3003
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Avalaire HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 650.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Size Sq Ft: 51836.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1718082929

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Sustainability: Recycled Materials
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes
  • Green Energy Efficient:Insulation: Yes
  • Green Energy Generation:Solar: Yes
  • Green Energy Efficient:Construction: Yes

Tax Info

  • Tax Annual Amount: 20555.74
  • Tax Year: 2024
  • Tax Map Number: 38

MLS Schools

  • Elementary School: Wake - Brassfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Jan 15, 2025
Sold by
Vestal Matthew Lepore and Vestal Heather Speller
Bought by
Dodge Nc Llc
Seller's Agent
Leslie Young
Coldwell Banker HPW
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$3,825,000
Sold Price
$3,500,000
Premium/Discount to List
-$325,000
-8.5%
Views
303
Current Estimated Value
$3,508,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,326
Avg. Annual Appreciation
0.38%
Original Mortgage
$725,000
Outstanding Balance
$721,346
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,786,980

Purchase Details

Closed on
Aug 15, 2019
Sold by
Bost Construction Company
Bought by
Lepore Vestal Matthew and Vestal Heather Speller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2016
Sold by
Avalaire Land Llc
Bought by
Bost Construction Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
4.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,500,000 None Listed On Document
Warranty Deed $3,500,000 None Listed On Document
Warranty Deed $2,625,000 None Available
Special Warranty Deed $342,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,000 Credit Line Revolving
Previous Owner $2,100,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,300,000 Commercial
Previous Owner $249,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $3,500,000 -6.0% $478 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
10/26/2024 10/26/24 Price Changed $3,725,000 -2.6% $508 / Sq Ft
07/29/2024 07/29/24 For Sale $3,825,000 -- $522 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $18,287 $2,856,017 $510,000 $2,346,017
2024 $17,756 $2,856,017 $510,000 $2,346,017
2023 $20,556 $2,633,887 $374,062 $2,259,825
2022 $19,042 $2,633,887 $374,062 $2,259,825
2021 $18,528 $2,633,887 $374,062 $2,259,825
2020 $20,331 $2,939,335 $374,062 $2,565,273
2019 $22,941 $2,806,491 $339,150 $2,467,341
2018 $20,648 $2,748,977 $339,150 $2,409,827
2017 $2,482 $349,150 $339,150 $10,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10044030

Doorify MLS

APN: 1718.01-08-2929-000