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Sold for $270,000
  • $270,000

    108 Parks Edge Way #100, Wake Forest, NC 27587

    2beds
    1,577sqft
    Condominium
    Built in 2026
    -- sqft lot
    $269,500 Zestimate®
    $171/sqft
    $2,421 Estimated rent

    Home value

    $269,500

    $256,000 - $283,000

    $2,421/mo

    Zestimate® history
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    What's special

    Brand new Stanley Martin home! Enjoy prime White Street Living at Magnolia Trace, Stanley Martin's Tessa. Welcome to The Tessa at Magnolia Trace, a beautifully designed 2-bedroom, 2.5-bath townhome with a dedicated study, ideally located just steps from the heart of Downtown Wake Forest. Offering 1,577 square feet of thoughtfully planned living space, this modern home delivers the perfect balance of style, functionality, and walkable convenience. Enjoy your morning coffee or unwind in the evenings on the private deck off the upstairs study, a flexible space that replaces the traditional third bedroom and is ideal for working from home, a creative studio, or a quiet retreat. Just outside your door, Downtown Wake Forest's coffee shops, boutiques, restaurants, and year-round events are only a short two-minute walk away. Inside, the open-concept main level is filled with natural light and designed for effortless entertaining and everyday living, with seamless flow between the kitchen, dining, and living areas. Modern finishes and quality craftsmanship elevate the space while keeping maintenance low. Upstairs, the two spacious bedrooms offer comfort and privacy, including a relaxing owner's suite designed for unwinding at the end of the day. An attached garage provides secure parking and additional storage. Situated on highly sought-after White Street, Magnolia Trace offers unmatched walkability, vibrant community energy, and long-term appeal--making this home an exceptional opportunity for both lifestyle and value. *Photos are of a similar home. Home is currently under construction (trim/cabinets)* Schedule your tour today or visit the Model Home during our Open House for more information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jolene Johnson 919-215-6479,

    SM North Carolina Brokerage

    Bought with:

    Jolene Johnson, 254251

    SM North Carolina Brokerage

    Source: Doorify MLS,MLS#: 10140892MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 231.52 Square Feet
    • Dimensions: 16.42 x 14.1
    Bedroom 2
    • Level: Second
    • Area: 144.69 Square Feet
    • Dimensions: 11.42 x 12.67
    Dining room
    • Level: Main
    • Area: 63.79 Square Feet
    • Dimensions: 11.25 x 5.67
    Family room
    • Level: Main
    • Area: 165.66 Square Feet
    • Dimensions: 15.17 x 10.92
    Kitchen
    • Level: Main
    • Area: 132.02 Square Feet
    • Dimensions: 10.42 x 12.67
    Office
    • Description: Has balcony
    • Level: Second
    • Area: 117.97 Square Feet
    • Dimensions: 11.42 x 10.33
    Heating
    • Electric
    Cooling
    • Electric, Heat Pump
    Appliances
    • Included: Built-In Electric Oven, Convection Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Water Heater, Microwave, Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer Stacked, Water Heater
    • Laundry: Electric Dryer Hookup, Upper Level, Washer Hookup
    Features
    • Double Vanity, Eat-in Kitchen, High Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Kitchen/Dining Room Combination, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Radon Mitigation, Smooth Ceilings
    • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,577
    • Total interior livable area: 1,577 sqft
    • Finished area above ground: 1,577
    • 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
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Balcony
    • Has view: Yes
    • View description: City
    Lot
    • Features: Interior Lot
    Details
    • Parcel number: 1.1
    • 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: 2025
    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, Historical Area
    • Security: Firewall(s), Fire Sprinkler System
    • Subdivision: Magnolia Trace
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Storm Water Maintenance
    • HOA fee: $275 monthly
    • HOA name: PPM
    • HOA phone: 919-848-4911
    Location
    • Region: Wake Forest

    Financial & listing details

    • Price per square foot: $171/sqft
    • Date on market: 1/13/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    7/24/2026Sold$270,000-8.5%$171/sqft
    Source: Doorify MLS #10140892 Report a problem
    6/29/2026Pending sale$295,000$187/sqft
    Source: Doorify MLS #10140892 Report a problem
    6/17/2026Price change$295,000-3.3%$187/sqft
    Source: Doorify MLS #10140892 Report a problem
    6/10/2026Price change$305,000-9%$193/sqft
    Source: Stanley Martin Homes Report a problem
    5/27/2026Price change$335,000-8.2%$212/sqft
    Source: Stanley Martin Homes Report a problem
    2/19/2026Price change$365,000+4.3%$231/sqft
    Source: Stanley Martin Homes Report a problem
    1/30/2026Price change$350,000-4.1%$222/sqft
    Source: Doorify MLS #10140892 Report a problem
    1/14/2026Price change$365,000-0.6%$231/sqft
    Source: Doorify MLS #10140892 Report a problem
    1/13/2026Listed for sale$367,290$233/sqft
    Source: Doorify MLS #10140892 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 27587

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake County Schools
    • Middle: Wake County Schools
    • High: Wake County Schools

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $269,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $269,500