Brand new Stanley Martin home! Stanley Martin proudly presents The Tessa at Raven Ridge Place—a stylish 3-bedroom, 2.5-bath townhome-style condominium designed for modern living and everyday convenience. This home includes an attached 1-car garage and a bright, open-concept main level where the kitchen, dining area, and family room flow seamlessly together, creating an inviting space for both relaxing and entertaining. Upstairs, you'll find three well-appointed bedrooms, including a spacious primary suite featuring dual walk-in closets and a private en suite bath. The third bedroom offers added flexibility for guests, a home office, or additional living space and provides direct access to a private covered deck—an ideal spot to enjoy your morning coffee, unwind after a long day, or simply take in the fresh air. Ideally located just off Falls of Neuse Road and I-540, Raven Ridge Place offers convenient access to shopping, dining, parks, and everyday essentials while providing the ease of low-maintenance living. Enjoy the perfect blend of comfort, convenience, and modern design in one of North Raleigh's most desirable locations. Home is currently under construction with an estimated December 2026 delivery date. Photos and videos are for illustrative purposes only and may not reflect the exact features, finishes, or layout of the home.
Pending
Price cut: $15K (8/19)
$340,000
10542 Bailey Branch Dr #101, Raleigh, NC 27614
3beds
1,586sqft
Condominium
Built in 2026
-- sqft lot
$337,600 Zestimate®
$214/sqft
$265/mo HOA
What's special
Three well-appointed bedroomsSpacious primary suiteDual walk-in closetsPrivate en suite bathBright open-concept main levelPrivate covered deck
- 107 days
- 2
- 0
Zillow last checked:
Listing updated:
Listed by:
Jolene Johnson 919-215-6479,
SM North Carolina Brokerage
Source: Doorify MLS,MLS#: 10180299
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 232.65 Square Feet
- Dimensions: 16.5 x 14.1
Bedroom 2
- Level: Second
- Area: 147.2 Square Feet
- Dimensions: 11.5 x 12.8
Bedroom 3
- Level: Second
- Area: 117.04 Square Feet
- Dimensions: 11.33 x 10.33
Dining room
- Level: Main
- Area: 65.54 Square Feet
- Dimensions: 11.3 x 5.8
Family room
- Level: Main
- Area: 153.67 Square Feet
- Dimensions: 15.2 x 10.11
Kitchen
- Level: Main
- Area: 134.4 Square Feet
- Dimensions: 10.5 x 12.8
Heating
- Electric, None
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Laundry: Electric Dryer Hookup, Upper Level
Features
- Double Vanity, High Ceilings, Pantry, Walk-In Closet(s), Kitchen/Dining Room Combination, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Smooth Ceilings
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,586
- Total interior livable area: 1,586 sqft
- Finished area above ground: 1,586
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway, Garage Faces Rear, Garage, Garage Door Opener
- Garage spaces: 1
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony
Details
- Parcel number: 1728096013 0402
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Transitional
- Property subtype: Condominium
Materials
- Brick, Fiber Cement
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: Yes
- Year built: 2026
- Major remodel year: 2026
Details
- Builder model: Tessa
- Builder name: Stanley Martin Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Subdivision: Raven Ridge
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Storm Water Maintenance
- HOA fee: $265 monthly
- HOA name: PPM
- HOA phone: 919-848-4911
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $214/sqft
- Annual tax amount: $3,000
- Date on market: 7/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$337,600
$321,000 - $354,000
$2,173/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Pending sale | $340,000$214/sqft |
Source: | ||
| 8/19/2026 | Price change | $340,000-4.2%$214/sqft |
Source: | ||
| 7/15/2026 | Listed for sale | $355,000$224/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27614
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Abbotts Creek Elementary School
- Middle: Wake - East Millbrook Middle
- High: Wake - Millbrook High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





