Front Exterior - Edited - 508 Oakland Drive, Raleigh, NC 27609, Raleigh
Front - 508 Oakland Drive, Raleigh, NC 27609, Raleigh
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Front Exterior - Edited - 508 Oakland Drive, Raleigh, NC 27609, Raleigh
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Exterior Selections 7.28.25 - 508 Oakland Drive, Raleigh, NC 27609, Raleigh
84 photos

$3,800,000

508 Oakland Drive, Raleigh, NC 27609
Raleigh, NC 27609
Listed by Jim Allen · Coldwell Banker HPW
Bedrooms
5
Bathrooms
5.5
Living area
N/A
Year built
2026

About this home

2026 Parade of Homes custom-built by Crane Building on a rare .58-acre homesite, this exceptional residence blends refined craftsmanship with an unbeatable ITB location and coveted North Hills lifestyle. Encompassing 6,138 square feet, the thoughtfully designed floor plan offers both elegance and functionality, featuring a luxurious primary suite and a private guest suite on the main level. Rich hardwoods span the main living areas, while aluminum-clad windows flood the home with natural light. At the heart of the home, the chef's kitchen is outfitted with a 48'' Thermador range, built-in Thermador refrigerator, and elevated finishes throughout, anchored by a large quartz center island. A spacious scullery enhances both form and function, complete with a microwave, sink, and additional refrigerator--perfect for effortless entertaining and everyday convenience. Built with efficiency in mind, the home includes full spray foam insulation in the roof deck and exterior walls, along with a sealed and conditioned crawlspace for superior comfort and durability. Designed for seamless indoor-outdoor living, expansive covered porches set the stage for year-round enjoyment, complete with a ventless fireplace and a fully equipped outdoor kitchen. The resort-style backyard is a true showpiece, featuring a gunite saltwater pool and spa. Upstairs, three spacious en suite bedrooms are complemented by a large recreation room and a dedicated home gym, offering flexibility for both everyday living and entertaining. A rare offering that seamlessly combines luxury, efficiency, and prime location.

Highlights

FireplaceNew construction

Property details

MLS #
10158228
Property type
Single Family Residence
Subdivision
Not in a Subdivision
Status
Active
Days on market
184
On market date
April 8, 2026
Stories
N/A
Total bathrooms
5.5
Garage spaces
3
Parking spaces
6
Lot size
0.58 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Joyner Elementary
0.72 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
531
Student:teacher ratio
13.0:1
District
Wake County Schools
Middle
Oberlin Middle
1.74 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
1,202
Student:teacher ratio
15.2:1
District
Wake County Schools
High
Needham Broughton High
2.7 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,098
Student:teacher ratio
16.1:1
District
Wake County Schools

Walkability

Blended score for Raleigh'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).

84
Highly walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks8
Schools11
Transit stops20
Pharmacies13

Market position

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

On the market 184 days -- 81 more days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$23,034/mo
$760,000 down
$3,040,000 loan
Principal & interest$19,717
Property tax (est.)$3,167
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 30 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.