Homes/North Carolina/Wendell/5136 Cardinal Ridge Way
CompCasa Property Analysis · single_family

5136 Cardinal Ridge Way

Meritage New Construction — 4BR, 2.5BA in Marshburn Landing

Modern finishes, priced competitively at $159/SF

4 beds2.5 baths2,143 sq ftBuilt 20260.081 acres2-car attached
CompCasa valuation analysis
Estimated market value
$340,000
Low $330,000 · Midpoint $340,000 · High $350,000
Confidence85%Sales comparison approach
Last recorded sale$341,000Mar 8, 2026
CompCasa estimate$340,000Mar 8, 2026
Estimate vs. last recorded sale−$1,000 / −0.3%
$330,000$340,000 midpoint$350,000
Price / sq ft$159
Median sale price$395,000
Avg days on market87 days
Inventory3.5 months

Sales comparison approach using recent new construction sales in Marshburn Landing community. Adjusted for size, features, and current market conditions.

About the property

Meritage New Construction — 4BR, 2.5BA in Marshburn Landing

This two-story Meritage home in Marshburn Landing makes a persuasive case for starting fresh: thoughtful floorplan, contemporary finishes, and a price that aligns with recent nearby closings. At 2,143 square feet the plan puts living spaces where they work — a bright open main level, a versatile loft upstairs and a study nook that’s ideal for remote work or homework. The primary suite is purpose-built with a private bath and a closet sized for real storage.

Inside, the specification reads like a careful equipment list rather than a sales sheet. Slate cabinetry pairs with white quartz countertops for a crisp, modern palette; warm taupe EVP flooring runs throughout main living areas for durability and ease of maintenance. The home is served by central AC and forced-air heat, an asphalt shingle roof, and an attached two-car garage. With no basement and a level 0.081-acre lot, exterior maintenance is straightforward for buyers wanting low upkeep.

Location is a defining advantage here. Marshburn Landing delivers a private-community setting while keeping essentials close: downtown Wendell is about 1.5 miles away for local restaurants and shops, Wendell Falls Shopping Center sits roughly 2 miles from the house, and recreational options like Knightdale Station Park are within a short drive. The Raleigh-Cary MSA’s employment centers are an easy commute, which helps explain local demand for thoughtfully priced new construction.

Priced at $341,000 — roughly $159 per square foot — this listing sits attractively within the new-construction comparables in the immediate area. The home is scheduled for occupancy in May 2026 and is being offered directly by the developer, Meritage Homes of the Carolinas. Buyers should confirm lot boundaries, the builder’s warranty, HOA timelines for community amenities, and utility hookups as part of their due diligence. For buyers seeking contemporary finishes, a manageable yard, and proximity to Wendell’s conveniences, this property is a compelling option.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$379,490
Property address400 Red Mangrove Dr, Wendell, NC 27591
4 bed3 bath2,134 sq ftBuilt 20250.91 mi$178/SF
Sold Sep 30, 2025
Subject difference
  • 9 SF smaller
  • 0.5 additional bathrooms
  • 1 year older
Research comparison noteSimilar new construction with comparable size and features.
02Sold price$374,990
Property address501 Whale Cove Way, Wendell, NC 27591
4 bed3 bath2,132 sq ftBuilt 20250.92 mi$176/SF
Sold Nov 20, 2025
Subject difference
  • 11 SF smaller
  • 0.5 additional bathrooms
  • 1 year older
Research comparison noteComparable new construction with similar specifications.
03Sold price$370,000
Property address424 Red Mangrove Dr, Wendell, NC 27591
4 bed3 bath2,134 sq ftBuilt 20250.94 mi$173/SF
Sold Oct 30, 2025
Subject difference
  • 9 SF smaller
  • 0.5 additional bathrooms
  • 1 year older
Research comparison noteNew construction with similar layout and features.
Comp methodology: Focused on new construction homes within 1 mile in Wendell sold in last 6 months for maximum relevance.
Property details

A 2026 traditional on 0.08 acres.

Building

Year built2026
ConstructionWood Frame
RoofAsphalt Shingle
Heatingforced air
Coolingcentral AC

Site & utilities

Lot size0.081 acres
Garage2-car attached
Stories2
ConditionNew
BasementNone
FireplaceNo
Improvement notes4 bedrooms, 2.5 bathrooms, open floor plan, modern finishes including slate cabinets, white quartz countertops, and warm taupe EVP flooring.
Lot area3,547 sq ft
TopographyLevel
FrontageStandard residential frontage on Cardinal Ridge Way
ParkingAttached Garage
Parking spaces2
Parking notes2-car attached garage
AccessStandard residential driveway from Cardinal Ridge Way
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Marshburn Landing

Researched nearby locations

Downtown Wendell (1.5 mi)
Wendell Falls Shopping Center (2 mi)
Knightdale Station Park (5 mi)

Location

5136 Cardinal Ridge Way, Wendell, NC 27591

View in Google Maps
Editorial neighborhood context

Marshburn Landing offers the convenience of small-town Wendell with quick access to the Raleigh-Cary employment corridor. Residents appreciate nearby downtown Wendell’s local shops and eateries plus larger retail at Wendell Falls Shopping Center. The community is family-oriented and still developing amenities, appealing to buyers seeking newer construction and low-maintenance yards. Wake County schools serve the area; buyers drawn to commuting into Raleigh will find straightforward routes and growing local infrastructure.

Nearby access summary

Very good regional recreation access with neighborhood greenways and parks nearby; Knightdale Station Park is approximately 5 miles away and Wendell Falls amenities are within a short drive for trails and outdoor activities.

ElementaryWakelon Elementary (4/10)
Middle schoolZebulon Middle (5/10)
High schoolEast Wake High School (5/10)
School districtWake County Public School System
Market context

A factual market snapshot around 5136 Cardinal Ridge Way.

Median sale price$395,000
Avg days on market87 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Wendell’s market currently reads as balanced, with subtle momentum in favor of new-construction sellers. Local market indicators show inventory at about 3.5 months and average days on market near 87 — numbers that point to steady demand without the intense scarcity seen in hotter metros. Median sale price for the area sits around $395,000, with appreciation of roughly 5% over the past year and about 25% over five years, demonstrating durable long-term growth.

Recent closed sales of nearby new builds range from roughly $370,000 to $379,490 (price per square foot between $173–$178). At $341,000 and $159/SF, this Meritage offering is priced below those immediate comparables, creating potential value for buyers who want new construction without the premium of later-phase closings. For single-family homes in Marshburn Landing, absorption has been healthy — rental demand data also supports investor interest, with estimated monthly rents near $2,200 and rent-per-square-foot in the $1.00–$1.07 range.

Given the current mix of limited inventory, steady appreciation, and comparable sales, this is a good window for buyers to secure new construction value. Sellers still benefit from demand for modern, low-maintenance homes near Raleigh, but prudent buyers can find leverage in price-per-square-foot differences among newer listings. Verify development timelines and HOA details to assess near-term amenity delivery as part of the offer strategy.

Zoning & land use

Residential District with Conditional Use

Zoning

Zoning codeR7-CD
DescriptionResidential District with Conditional Use
JurisdictionTown of Wendell
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 20'

Research-indicated uses

  • Single Family Residential
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2026-03-08$341,000 · $159/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,300/mo
Property address920 Pecan Ave, Wendell, NC 27591
4 bed2.5 bath2,143 sq ft$1.07/SF
Leased Aug 1, 2025
Subject difference
  • Same living area
Research comparison noteSimilar size and features; strong rental demand.
02Monthly rent$2,150/mo
Property address508 Chesterfield Ave, Wendell, NC 27591
4 bed2.5 bath2,150 sq ft$1/SF
Leased Jul 15, 2025
Subject difference
  • 7 SF larger
Research comparison noteComparable rental with similar specifications.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Property listed at $341,000 ($159/sqft) for 2,143 sqft
  • 4 bedrooms, 2.5 bathrooms with open floor plan and modern finishes
  • Located 1.5 miles from downtown Wendell and 2 miles from Wendell Falls Shopping Center
  • Part of the Marshburn Landing community with planned amenities
  • Wendell market showing 5% annual appreciation and balanced conditions

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify builder's warranty and completion timeline
  • Review community amenities development schedule
  • Confirm utility connections and service providers
  • Assess potential HOA fees and regulations
Highlights & features

What stands out about this property.

Interior Features

  • 4 bedrooms, 2.5 bathrooms
  • 2,143 square feet over two stories
  • Slate cabinets and white quartz countertops
  • Warm taupe EVP flooring on main level
  • Primary suite with private bath
  • Upstairs loft and study nook
  • Central air conditioning and forced air heating
  • Open main living area

Exterior & Lot

  • Level lot — 0.081 acres (3,547 sqft)
  • 2-car attached garage
  • Asphalt shingle roof
  • Standard residential frontage on Cardinal Ridge Way
  • Municipal water and sewer; Duke Energy electric; Piedmont Natural Gas

Location & Neighborhood

  • Marshburn Landing community, Wendell, NC
  • 1.5 miles to Downtown Wendell
  • 2 miles to Wendell Falls Shopping Center
  • Part of the Raleigh-Cary MSA
  • Wake County Public School System

Walkability & Recreation

  • Walkability Rating: 45/100 — Car-Dependent
  • Nearby parks and green spaces (local pocket parks and community greenways)
  • Knightdale Station Park ~5 miles
  • Wendell Falls recreation and shopping within a short drive
  • Running/walking paths and neighborhood sidewalks planned
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Zillow listing page for 5136 Cardinal Ridge WayView source
2
Crexi property records for 5136 Cardinal Ridge WayView source
3
Redfin market data for Wendell, NCView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.