5808 Cavanaugh Dr Raleigh, NC 27614
Falls Lake NeighborhoodEstimated payment $10,602/month
Highlights
- Pool House
- Built-In Refrigerator
- Transitional Architecture
- Pleasant Union Elementary School Rated A
- Clubhouse
- Wood Flooring
About This Home
Take advantage of rare pricing below appraised value and secure your place in The Registry at Bailey Farm—one of Raleigh's most esteemed communities. Nestled on 1.28 acres in a premier North Raleigh enclave, this exceptional property invites you to bring your vision and create the home of your dreams for under $2M.
The resort-inspired backyard is an entertainer's dream, anchored by a recently renovated 55,000-gallon saltwater pool, alongside a pool house featuring an in-law suite and additional living quarters. A built-in natural gas grill, abundant seating, and expansive lounging areas create the perfect setting for unforgettable gatherings. Inside, soaring ceilings and an open floor plan lead to a gourmet chef's kitchen with a professional gas cooktop, while the owner's suite offers a private retreat. Host movie nights in the custom home theater equipped with state-of-the-art technology.
Recent updates include fresh interior and exterior paint, ensuring a welcoming first impression. While this home is move-in ready, it also presents a unique opportunity for buyers to add their personal touch. This home is ready for your vision and updates, allowing you to create a truly custom living experience and build instant equity in a desirable location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,810
Year Built
- Built in 2005
Lot Details
- 1.28 Acre Lot
- Fenced Yard
- Landscaped
- Back Yard
HOA Fees
- $200 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Circular Driveway
Home Design
- Transitional Architecture
- Brick or Stone Mason
- Block Foundation
- Architectural Shingle Roof
- Stucco
- Stone
Interior Spaces
- 6,298 Sq Ft Home
- 3-Story Property
- Wet Bar
- High Ceiling
- Ceiling Fan
- 1 Fireplace
- Entrance Foyer
- Bonus Room
- Storage
- Laundry on main level
- Attic
Kitchen
- Built-In Oven
- Gas Cooktop
- Microwave
- Built-In Refrigerator
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Private Water Closet
- Separate Shower in Primary Bathroom
- Bathtub with Shower
Pool
- Pool House
- In Ground Pool
Outdoor Features
- Covered Patio or Porch
- Outdoor Gas Grill
Schools
- Pleasant Union Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Septic Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0799982014
Community Details
Overview
- Association fees include ground maintenance
- The Registry HOA, Phone Number (919) 787-9000
- The Registry At Bailey Farm Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,103 | $1,576,443 | $250,000 | $1,326,443 |
| 2024 | $9,810 | $1,576,443 | $250,000 | $1,326,443 |
| 2023 | $9,333 | $1,194,476 | $185,000 | $1,009,476 |
| 2022 | $8,647 | $1,194,476 | $185,000 | $1,009,476 |
| 2021 | $8,414 | $1,194,476 | $185,000 | $1,009,476 |
| 2020 | $8,262 | $1,192,816 | $185,000 | $1,007,816 |
| 2019 | $9,772 | $1,194,095 | $185,000 | $1,009,095 |
| 2018 | $8,980 | $1,194,095 | $185,000 | $1,009,095 |
| 2017 | $8,510 | $1,194,095 | $185,000 | $1,009,095 |
| 2016 | $0 | $1,194,095 | $185,000 | $1,009,095 |
| 2015 | -- | $1,496,401 | $190,000 | $1,306,401 |
| 2014 | -- | $1,496,401 | $190,000 | $1,306,401 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Price Changed | $1,799,000 | -2.8% | $286 / Sq Ft |
| 08/19/2025 08/19/25 | Price Changed | $1,850,000 | -2.6% | $294 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $1,900,000 | -- | $302 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,035,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $760,000 | None Available | |
| Deed | $807,500 | None Available | |
| Warranty Deed | $1,422,500 | None Available | |
| Warranty Deed | $143,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,400 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $1,138,000 | Fannie Mae Freddie Mac |
Source: Doorify MLS
MLS Number: 10111344
APN: 0799.02-98-2014-000
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