Property listing for 5136 Cardinal Ridge Way, Wendell, NC 27591
For SaleSingle Family Home

$341,000

5136 Cardinal Ridge Way, Wendell, NC 27591

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

4 Bed · 2.5 Bath · 2,143 Sq Ft

Modern finishes, priced competitively at $159/SF

4

Beds

2.5

Baths

2,143

Sq Ft

2026

Built

0.081 acres

Lot

2-car attached

Garage

About 5136 Cardinal Ridge Way

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.

Home Highlights

Move-in ready — occupancy scheduled May 2026New construction by Meritage HomesSlate cabinets with white quartz countertopsWarm taupe EVP flooring on main level2,143 sqft with loft and study nook2-car attached garagePriced at $159 per sqft

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

East Wake High School

High

5/10

Zebulon Middle

Middle

5/10

Wakelon Elementary

Elementary

4/10

Walkability & Recreation

45
Walkability
75
Recreation

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.

Investment Highlights

  • New construction with modern finishes, ready for May 2026 move-in
  • Located in the growing Marshburn Landing community
  • Proximity to downtown Wendell and Wendell Falls Shopping Center
  • Competitive pricing aligned with current market trends
  • Potential for appreciation in a steadily growing market

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

Things to Consider

  • Schools rated average; potential buyers may consider this in decision-making
  • New construction may have limited immediate resale data for comparison
  • Community amenities under development; timelines should be confirmed

Opportunity Analysis

New construction home offering modern amenities in a growing community, presenting potential for appreciation and quality living.

Potential Use Scenarios

  • Ideal for primary residence with contemporary design preferences
  • Potential for long-term appreciation in a developing area
  • Consideration for rental investment given market growth

Risk Factors

  • Dependence on completion of community amenities
  • Market conditions subject to change; monitor for shifts
  • School ratings may influence family buyer decisions

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$330K

Midpoint

$340K

High

$350K

$159/SF estimated price per square foot

85% confidence

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

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$395,000
Avg Days on Market87 days
Inventory3.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)5,000
Median Income (1 mi)$75,000

Wendell experiencing rapid growth due to proximity to Raleigh and new residential developments.

Nearby Points of Interest

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

Close proximity to shopping, dining, and recreational facilities in Wendell and Knightdale.

School District

DistrictWake County Public School System
ElementaryWakelon Elementary (4/10)
MiddleZebulon Middle (5/10)
HighEast Wake High School (5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2026
Constructionwood frame
Stories2
Roofasphalt shingle
Heatingforced air
Coolingcentral AC
Basementnone
FireplaceNo
Conditionnew

Lot & Site

Lot Size0.081 acres (3,547 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageStandard residential frontage on Cardinal Ridge Way

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR7-CD
DescriptionResidential District with Conditional Use
JurisdictionTown of Wendell

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Sale History

2026-03-08$341,000

$159/SF

New construction listed for sale.

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