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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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497 Rally Point Pl , Wake Forest, NC 27587
$470,000
Est. Payment: $2,641.42/mo
3 Bed
3 Bath
2442 Sqft
0.06 Acres
Status: active | Days on site: 6
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71391 - 103208
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Terri Bias
Operator/Brokerage Owner

House Description

Start living in a CONVENIENT & HIGHLY DESIRABLE part of town! This nearly new, beautifully maintained END-UNIT townhome in The Retreat at Renaissance is sure to capture attention—with its IDEAL LOCATION, thoughtful MODERN features, abundant NATURAL LIGHT, and an unforgettable third-floor ROOFTOP TERRACE overlooking peaceful wooded space. Designed for both everyday living and effortless entertaining, this spacious home truly checks ALL the boxes AND it's an easy walk to historic downtown Wake Forest! Step inside and discover the OPEN CONCEPT floor plan that lives remarkably like a single-family home. The light-filled main level offers generous space for cooking, gathering, & entertaining! The GOURMET CHEF'S KITCHEN is a dream with its STAINLESS STEEL APPLIANCES, FARMHOUSE SINK, and GRANITE counters. GAS RANGE, Electric oven, Built-in wall oven, & microwave. Plenty of counter & workspace. Beautiful WOOD FLOORING flows throughout the home. And when it comes to storage, you don't have to compromise. Highlights include a HUGE primary walk-in closet, 2 large main-level closets, 2 pantries, a coat closet, overhead garage shelving, and a spacious 3rd-floor closet. All 3 beds are conveniently located on the 2nd floor, one w/a practical MURPHY BED adding function to the room. The 3rd floor adds an entirely different dimension to the home. This FLEX SPACE could easily become a media room, home office, kids' retreat, fitness area, or private getaway. A brand-new mini-split system (2025) provides year-round comfort, while SURROUND SOUND SPEAKERS and wiring are already in place—just connect your receiver and enjoy! The home also features a dual-zoned HVAC system serving the first two levels for balanced comfort. Then comes the features that truly set this home apart...the multiple outdoor spaces designed for enjoying the best of NC living! Relax on the SCREENED PORCH, gather around the BACKYARD PATIO, or head upstairs to the private 3rd-floor ROOFTOP TERRACE! With its peaceful wooded backdrop, this is the perfect place to entertain friends, enjoy your morning coffee, or unwind under the stars. The Retreat at Renaissance offers the lifestyle you've been looking for, with sidewalks, private garages, common areas, and a welcoming community atmosphere. And the location is hard to beat—walk downtown to local restaurants, breweries, the farmers market, and community events. Nearby greenway trails and parks offer even more opportunities to get outside, while Falls Lake Recreation Area is just a short drive away! MOVE-IN READY! Schedule your showing to see this FABULOUS property today! Quick move is related to personal desire/circumstances; not related to the home. Buyers should verify HOA dues, coverage, amenities, and responsibilities with the HOA.

Highlights

Listed by Betsey Cobb , Howard Hanna Allen Tate Raleigh Falls of Neuse , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Condo/Townhome

Lot/Acreage
0.06

HOA Fee

170 Monthly

Year Built

2019

County

Wake

Neighborhood

The Retreat at Renaissance

Listing ID

10197333

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Free-Standing Electric Oven, Free-Standing Gas Range, Gas Range, Microwave, Range Hood, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer
Air Cond:Ceiling Fan(s),Central Air,Ductless,Electric,Heat Pump,Multi Units,Zoned
Fireplaces:
Floor:Concrete,Wood
Above Ground Sq Ft:2442
Other:
  • ▪ Additional:Bathtub/Shower Combination, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Double Vanity, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Laminate Counters, Open Floorplan, Pantry, Recessed Lighting, Room Over Garage, Separate Shower, Smooth Ceilings, Sound System, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet, Wired for Sound
Water:Public

Exterior Features

Garage Capacity:4
Zoning:UMX
Roof:Shingle
Others:
  • ▪ Additional:Rain Gutters, Covered, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Terrace
Sewer:Public Sewer
Parking Features:Garage,Attached Garage
Principal Interest
$2,641
Taxes
$300
HOA
$170

Home Price

$470,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$94,000
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Monthly Price:
$2,641.42

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,641.42 $299.63 $170.00 $3,111.04
Yearly $31,696.99 $3,595.50 $2,040.00 $37,332.49
Total $950,909.76 $107,865.00 $61,200.00 $1,119,974.76

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Wake Forest, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T14:02:08.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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