Sales comparison approach using recent new construction sales in Marshburn Landing community. Adjusted for size, features, and current market conditions.
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.
See the properties helping shape the valuation.
Comparable sales
- 9 SF smaller
- 0.5 additional bathrooms
- 1 year older
- 11 SF smaller
- 0.5 additional bathrooms
- 1 year older
- 9 SF smaller
- 0.5 additional bathrooms
- 1 year older
A 2026 traditional on 0.08 acres.
Building
Site & utilities
Marshburn Landing
Researched nearby locations
Location
5136 Cardinal Ridge Way, Wendell, NC 27591
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.
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.
A factual market snapshot around 5136 Cardinal Ridge Way.
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.
Residential District with Conditional Use
Zoning
Research-indicated uses
- Single Family Residential
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- 7 SF larger
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
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.