5768 Cavanaugh Dr Raleigh, NC 27614
Falls Lake NeighborhoodEstimated payment $11,746/month
Total Views
7,198
5
Beds
8
Baths
6,897
Sq Ft
$283
Price per Sq Ft
Highlights
- Fitness Center
- Home Theater
- View of Trees or Woods
- Pleasant Union Elementary School Rated A
- Spa
- Built-In Refrigerator
About This Home
Welcome to your dream home—designed for peace of mind and effortless transition!
A recent PRE-LISTING HOME INSPECTION and APPRAISAL are AVAILABLE for serious buyers. This exceptional residence includes a ONE-YEAR HOME WARRANTY, transferable TERMITE BOND, annual FIREPLACE MAINTENANCE, and HVAC service membership—ensuring comfort and care from day one. With future potential for both a swimming pool and elevator/wine cellar/scullery, the property offers flexibility for evolving needs. Whether you're relocating or upgrading your lifestyle, the sellers have gone above and beyond to ensure a smooth and confident purchase experience.
Nestled on a beautifully landscaped 1.33-acre lot in The Registry at Bailey Farm, this exceptional 6,897 sq.ft. all-brick estate offers nearly 180-degree unobstructed views of a protected wooded area—providing unmatched privacy, tranquility, and natural beauty with no neighbors behind. A former Parade of Homes Winner (2004), this residence showcases superior craftsmanship, elegant design, and thoughtful updates throughout—perfectly suited for multi-generational living, entertaining, and everyday luxury. This home features 5 spacious bedrooms, 6 full baths, and 2 half baths, and an abundance of custom finishes throughout.
Main Living Highlights: A grand 20-foot foyer with marble flooring. Private office with coffered wood ceiling and built-ins. Formal living and dining rooms open to a light-filled sunroom. Impressive family room with 16-ft cathedral ceiling, custom built-ins, and stack-stone gas fireplace. Gourmet kitchen with granite countertops, center island, breaksfast bar, Sub-Zero fridge, Wolf gas cooktop, KitchenAid double ovens, Bosch dishwasher, and separate wet bar with mini-fridge. First-floor guest suite with full bath. Screened porch with wall-mounted TV opens to a flagstone patio with built-in grill and professional landscape lighting (front and back). 3-car garage and a beautiful circular driveway.
The Second Floor offers an Expansive Primary Suite with dual walk-in closets, dual linen closets, spa-like bath with soaking tub with jets, dual vanities, oversized shower with body jets.Three additional ensuite bedrooms each with walk-in closets. A dedicated fitness room with wet bar and interlocking rubber tiles flooring (2022). Additional storage with four hallway closets. Full laundry rooms on both main and second floors.
The Third Floor is an entertainer's dream with full wet bar with mini wine cellar and mini beverage cooler. Home theater projector, retractable screen and built-in speakers. Bonus room and separate full bath. Attic with two walk-in storage areas. Central vac system. Circular driveway and oversized 3-car garage.
Key Systems & Upgrades: Roof replaced (2022). Four HVAC/furnace systems (2014-2017), serviced biannually. Kinetico whole-house water softener and reverse osmosis (2022). Rachio 16-zone smart irrigation (2023). 3 WiFi-enabled garage motors w/security cams (2022). Lutron smart switches/dimmers throughout. Central vac system, two whole-house surge protector. Multiple window seals replaced (2024), new ceiling fans in all bedrooms (2024). Fresh interior paint (2024/2025). Termite bond (thru Nov 2024); fireplace maintenance (thru Feb 2026). Elevator shaft in place for future elevator/scullery/wine cellar. Plenty space for a future pool in the backyard. Plans available in MLS docs.
Community Amenities: Enjoy the vibrant lifestyle of The Registry at Bailey Farm with access to a newly renovated clubhouse, community pool, fitness center, and tennis/pickleball courts. See full list of updates in documents. Seller is a licensed Realtor. Home professionally measured by a third party. Please provide pre-approval based on verification of credit or proof of funds for cash offers.
Listing Agent
Keller Williams Innovate-Wilm License #351057 Listed on: 06/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,048
Year Built
- Built in 2004
Lot Details
- 1.33 Acre Lot
- Southwest Facing Home
- Level Lot
- Front and Back Yard Sprinklers
- Private Yard
- Garden
- Back Yard
HOA Fees
- $200 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Deck
- Side Facing Garage
- Garage Door Opener
- Circular Driveway
- 6 Open Parking Spaces
Home Design
- Transitional Architecture
- Brick Veneer
- Block Foundation
- Architectural Shingle Roof
- HardiePlank Type
Interior Spaces
- 6,897 Sq Ft Home
- 3-Story Property
- Wet Bar
- Central Vacuum
- Built-In Features
- Bookcases
- Bar Fridge
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Chandelier
- Gas Log Fireplace
- Double Pane Windows
- Window Treatments
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Home Theater
- Home Office
- Sun or Florida Room
- Screened Porch
- Storage
- Home Gym
- Keeping Room
- Views of Woods
- Basement
- Crawl Space
- Attic
Kitchen
- Eat-In Kitchen
- Double Self-Cleaning Oven
- Gas Oven
- Gas Cooktop
- Down Draft Cooktop
- Warming Drawer
- Microwave
- Built-In Refrigerator
- Ice Maker
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Dual Closets
- Walk-In Closet
- Double Vanity
- Private Water Closet
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Spa
- Exterior Lighting
- Outdoor Storage
- Built-In Barbecue
- Rain Gutters
Schools
- Pleasant Union Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Multiple cooling system units
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Gas Water Heater
- Water Purifier is Owned
- Water Softener is Owned
- Septic Tank
- Septic System
Additional Features
- Smart Technology
- Smart Irrigation
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 0799.02-97-3962.000
Community Details
Overview
- Association fees include ground maintenance
- Associa Hrw Management Association, Phone Number (919) 787-9000
- Built by Dysart Building Co.
- The Registry At Bailey Farm Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,049 | $1,775,926 | $250,000 | $1,525,926 |
| 2023 | $9,813 | $1,255,972 | $185,000 | $1,070,972 |
| 2022 | $9,091 | $1,255,972 | $185,000 | $1,070,972 |
| 2021 | $8,846 | $1,255,972 | $185,000 | $1,070,972 |
| 2020 | $8,699 | $1,255,972 | $185,000 | $1,070,972 |
| 2019 | $10,254 | $1,253,085 | $185,000 | $1,068,085 |
| 2018 | $9,423 | $1,253,085 | $185,000 | $1,068,085 |
| 2017 | $8,929 | $1,253,085 | $185,000 | $1,068,085 |
| 2016 | $8,748 | $1,253,085 | $185,000 | $1,068,085 |
| 2015 | $11,555 | $1,660,867 | $190,000 | $1,470,867 |
| 2014 | -- | $1,660,867 | $190,000 | $1,470,867 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $1,950,000 | -1.3% | $283 / Sq Ft |
| 07/25/2025 07/25/25 | Price Changed | $1,975,000 | -1.3% | $286 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $2,000,000 | 0.0% | $290 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $1,999,999 | +11.1% | $290 / Sq Ft |
| 12/15/2023 12/15/23 | Off Market | $1,799,900 | -- | -- |
| 07/06/2022 07/06/22 | Sold | $1,799,900 | 0.0% | $257 / Sq Ft |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- |
| 06/01/2022 06/01/22 | For Sale | $1,799,900 | -- | $257 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Ntc | |
| Quit Claim Deed | -- | Ntc | |
| Warranty Deed | $1,800,000 | None Listed On Document | |
| Warranty Deed | $1,240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $349,925 | New Conventional | |
| Previous Owner | $402,000 | New Conventional | |
| Previous Owner | $411,500 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $750,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $200,000 | Unknown |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10101435
APN: 0799.02-97-3962-000
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