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68 photos

$695,000

8401 Chelridge Drive, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Matt Bennett · Rich Realty Group
Bedrooms
5
Bathrooms
4
Living area
N/A
Year built
2006

About this home

$50K price reduction! An outstanding opportunity on a half-acre corner lot in the highly desirable Stonegate neighborhood. With a handsome brick, stone, and fiber cement exterior, this home offers timeless curb appeal, a covered front porch entry, a side-load two-car garage, and a fenced backyard. Hardwood floors span the main level, where you'll find a welcoming living room with a fireplace, a first-floor guest suite, and a spacious kitchen with granite countertops, a large island with prep sink, breakfast bar, and an adjacent sunlit breakfast room. The three-seasons screened porch is perfect for relaxing or entertaining year-round. The daylight basement provides exceptional additional living space, including a media room with plush seating and surround sound, a game room with pool table, a separate office, and an additional flex room. Step outside to the covered patio and enjoy the fenced backyard complete with irrigation and landscape lighting. With a roof replaced in 2018 and neighborhood amenities that include a pool, tennis courts, and clubhouse, this is an opportunity you do not want to miss. Refrigerator, washer/dryer, pool table, theatre equipement/seating, arcade games and trampoline convey as personal property.

Highlights

Fireplace

Property details

MLS
Doorify MLS
MLS #
10199768
Property type
Single Family Residence
Subdivision
Stonegate
Status
Active
Days on market
3
On market date
October 22, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
6
Lot size
0.5 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Harris Creek Elementary
2.58 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
906
Student:teacher ratio
13.7:1
District
Wake County Schools
Middle
Rolesville Middle
2.13 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,069
Student:teacher ratio
17.0:1
District
Wake County Schools
High
Heritage High
2.14 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,921
Student:teacher ratio
18.1:1
District
Wake County Schools

Walkability

Blended score for Wake Forest's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

42
Somewhat walkable
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
50 / 100
Restaurants & cafes10
Grocery stores3
Parks0
Schools0
Transit stops0
Pharmacies2

Market position

How this listing compares to current activity in Wake Forest, from live MLS data.

On the market 3 days -- 87 fewer days than Wake Forest's current average of 90 days.
For reference, the median list price across 647 active listings in Wake Forest right now is $465,000.

Mortgage calculator

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Est. monthly payment
$4,335/mo
$139,000 down
$556,000 loan
Principal & interest$3,606
Property tax (est.)$579
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.