$1,975,000
NEW CONSTRUCTION

Estimated payment $11,164/month

Total Views 1,521
4 Beds
4.5 Baths
4,757 Sq Ft
$415 Price per Sq Ft

Highlights

  • New Construction
  • 1.9 Acre Lot
  • Modernist Architecture
  • Swift Creek Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

Modern Farmhouse Elegance Meets Southern Charm - Custom Build Opportunity at 8016 Penny Road

Introducing a rare opportunity to create your dream estate on a picturesque homesite in South Raleigh. Situated moments from Lake Benson and minutes from downtown Raleigh, 8016 Penny Road offers the ultimate blend of privacy, luxury, and convenience in a serene, natural setting.

This custom-designed Modern Farmhouse plan spans over 4,750 square feet of meticulously crafted living space, with thoughtful architectural details that balance timeless sophistication and modern livability. Soaring ceilings, expansive windows, and open-concept living create an airy, light-filled interior perfect for entertaining and everyday living.

Key features include:

5 bedrooms, 5.5 bathrooms including a stunning main-level primary suite with spa-like bath and oversized walk-in closet

Chef's kitchen with a massive island, walk-in pantry, and seamless flow to the great room and covered outdoor living spaces

Dedicated home office, formal dining room, and a flexible guest suite on the main floor

Three-car garage with a spacious drop zone and laundry center for elevated functionality

Upstairs: a bonus room, media/flex space, and additional en suite bedrooms with walk-in closets

Covered front and rear porches, ideal for outdoor dining and relaxing with wooded views

This is more than just a home—it's a private sanctuary, with the ability to personalize every detail alongside one of the area's premier custom builders. Whether you're hosting guests or enjoying peaceful evenings at home, this layout supports the lifestyle you've earned.

Your luxury countryside retreat awaits—schedule a consultation today to begin your custom build journey.

Listing Agent

Keith Bliss

LPT Realty, LLC License #206741 Listed on: 06/30/2025

LPT Realty, LLC

Co-Listing Agent

Gioia Bliss

LPT Realty, LLC License #207532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 1.9 Acre Lot

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Home is estimated to be completed on 3/1/26
  • Modernist Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Combination Foundation
  • Block Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • Board and Batten Siding
  • Lap Siding
  • HardiePlank Type

Interior Spaces

  • 4,757 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Basement
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bathroom on main floor

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0771706643

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2025
  • Prop. Type: Residential
  • Co List Office Mls Id: 81698
  • Co List Office Phone: 919-467-0707
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 4757.0
  • Architectural Style: Farmhouse, Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Effective Year Built: 2026
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Contract Information Estimated Completion Date: 2026-03-01
  • Architectural Style Farm House: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Great Room2: Yes
  • Room Types Breakfast Room: Yes
  • Architectural Style Modernist: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Mud Room: Yes
  • Room Types Exercise Room: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 4757.0
  • Room Types Primary Bathroom Level: Main
  • Room Types Laundry2: Yes
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 82764.0
  • Roof:Metal2: Yes
  • General Property Information Lot Size Acres: 1.9
  • Foundation Details Combination: Yes
  • General Property Information Stories2: 1
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2026

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 18
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Architectural Shingle, Metal
  • Acres: 1.9
  • Construction Type: Board & Batten Siding, HardiPlank Type, Lap Siding
  • Foundation Details: Block, Brick/Mortar, Combination
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Construction Materials:Lap Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 7.0
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 7.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Lot Size Sq Ft: 82764.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0771706643

Tax Info

  • Tax Annual Amount: 2831.5
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Swift Creek

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,832 $452,739 $204,000 $248,739
2023 $2,279 $289,747 $149,000 $140,747
2022 $2,113 $289,747 $149,000 $140,747
2021 $2,056 $289,747 $149,000 $140,747
2020 $2,022 $289,747 $149,000 $140,747
2019 $2,038 $247,131 $140,000 $107,131
2018 $1,874 $247,131 $140,000 $107,131
2017 $1,777 $247,131 $140,000 $107,131
2016 $1,741 $247,131 $140,000 $107,131
2015 $1,922 $273,875 $177,500 $96,375
2014 $1,822 $273,875 $177,500 $96,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $1,975,000 +618.2% $415 / Sq Ft
04/07/2025 04/07/25 For Sale $275,000 -63.6% --
03/05/2025 03/05/25 Sold $755,000 -4.4% $321 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $789,900 -- $336 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $755,000 None Listed On Document
Warranty Deed $755,000 None Listed On Document
Source: Public Records

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Source: Doorify MLS

MLS Number: 10106520

Doorify MLS

APN: 0771.04-70-6578-000