Check Availability
$3,650,000
● House - In Contract

7017 Rainwater Road

Raleigh, NC 27615
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
5,724 Ft²
$20,111
Est. Monthly

About This Property

EXCEPTIONAL LIKE-NEW luxury estate overlooking the rolling fairways of coveted North Ridge country club is a statement of lifestyle, design and distinction combined with an unparalleled North Carolina year-round outdoor living experience.  Every detail of this stunning PARADE OF HOMES award-winning residence has been meticulously curated with intention, precision, and an uncompromising commitment to excellence.

Designed by acclaimed architect Tony Frazier and built by prestigious Raleigh Custom Homes, this showstopper represents a masterclass in architectural excellence and craftsmanship with refined architectural details, bespoke millwork, and designer finishes that rival the finest luxury residences worldwide.

From the moment the custom iron front door opens, this home makes a bold statement--timeless yet modern, sophisticated yet inviting. Inside, an extraordinary floor plan bathed in natural light unfolds, designed seamlessly to accommodate multigenerational living with expansive MAIN LEVEL PRIMARY suite AND main-level in-law/guest suite. On-trend designer finishes, from kitchen scullery to intimate speak easy are ideal for entertaining on a grand scale or enjoying quiet, intimate moments overlooking the lush greens under the stars.

The true showpiece lies in the home's reimagined indoor-outdoor lifestyle. Step outside to your own private resort including an expansive phantom screened-in veranda with stone fireplace, heated ceilings and gourmet outdoor grilling kitchen. Enjoy the heated saltwater pool with integrated fire and water features, creating a dramatic focal point all while enjoying elevated golf course views overlooking manicured greens on hole 13 of The Oaks course.  Ideal North Raleigh location- Steps to North Ridge Country Club and convenient to RDU airport and downtown Raleigh.  WELCOME HOME!

**Some images may include virtual staging or AI-assisted enhancements for illustrative purposes only; actual property features and conditions should be independently verified by buyers**
Unit Size
5,724 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$638
Property Type
House
Property Taxes
$2,189
HOA Dues
-
Year Built
2022

Listed By

Brian Wolborsky
Allen Tate/Raleigh-Falls Neuse

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Last updated: 2 months ago (TMLS #10159257)

Price History

Date / Event Date Event Price
Sep 1, 2026 In contract -
In contract
Aug 26, 2026 Price Decreased $3,650,000
↓ $40K (1.1%)
Price Decreased
Jun 6, 2026 Price Decreased $3,690,000
↓ $60K (1.6%)
Price Decreased
Apr 9, 2026 Listed by Howard Hanna Allen Tate Raleigh Falls of Neuse $3,750,000
Listed by Howard Hanna Allen Tate Raleigh Falls of Neuse
Jan 2, 2024 Sold
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 5
Interior Features: Built-in Features, Double Vanity, Entrance Foyer, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Recessed Lighting, Smart Home, Smart Light(s), See Remarks, Butler's Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Walk-In Shower
Appliances: Bar Fridge, Built-In Refrigerator, Double Oven, ENERGY STAR Qualified Appliances, Ice Maker, Microwave, Range Hood, Tankless Water Heater
Flooring Type: Carpet, Hardwood, Tile
Door Features: Sliding Doors
Laundry Features: Laundry Room, Main Level
Rooms: 1
Has Fireplace
Fireplace Features: Family Room, Gas Log, Outside
Fireplaces: 2
Exterior Details
Square Footage: 5724
Architectural Style: Transitional
Year Built: 2022
Builder Name: Raleigh Custom homes
Building Area Total: 5724
Levels: Two
Construction Materials: Brick, Fiber Cement
Lot Features: Back Yard, Close to Clubhouse, Landscaped, On Golf Course, Views
Lot Size Area: 0.44
Lot Size Units: Acres
Lot Size Acres: 0.44
Lot Size Square Feet: 19166
Water Source: Public
Financial Details
Tax Map Number: 13
Tax Assessed Value: $3,009,153
Tax Annual Amount: $26,263
Utilities Details
Cooling Type: Multi Units, Zoned
Heating Type: Electric, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 5,850
  • Building Area: 5,850
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,850
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH RIDGE NEWMARKET WAY
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO13 NO RDG NEWMARKET WAY SE3 BL28

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054012

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0094585
  • District: 13
  • Section: 3
  • Parcel: 1717.15-64-6310 0094585
  • Lot: 13
  • Municipality: NEUSE
  • Latitude: 35.8769
  • Longitude: -78.6064

    Address

  • Full Address: 7017 Rainwater Rd
  • Address - House Number: 7017
  • Address - Street Name: Rainwater
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C002
  • 4-Digit Zip Code: 7120
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,358,942

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 887,680
  • High Value: 948,103
  • Low Value: 827,257

    Market Valuation

  • Market Total Value: $2,162,332
  • Market Land Value: $397,800
  • Market Improvement Value: $1,764,532

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,162,332
  • Assessed Land Value: $397,800
  • Assessed Improvements Value: $1,764,532

    Sales

  • Current Sale Contract Date: Jan 02, 2024
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 21, 2018
  • Previous Sale Contract Date: Dec 11, 2018
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Raleigh


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Frequently Asked Questions

When was property at 7017 Rainwater Road built and last sold?
The property at 7017 Rainwater Road was built in 2022 and last sold on Jan 2, 2024 for $3,400,000.
How much is this home worth?
The estimated value of the home located at 7017 Rainwater Road is $3,605,118.
What are some comparable homes to 7017 Rainwater Road?
There are currently no comparable homes to 7017 Rainwater Road.