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$340,000

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1,944 Sq. Ft.
  • 0.06 Acres
  • 1 Car Garage
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Discover this nearly new 3-bedroom, 3.5-bath end-unit townhome close to Downtown Raleigh and the Neuse River trails. With open living, dining, and kitchen spaces flowing to a private deck, plus a flexible third bedroom perfect for a home office, this home blends comfort and versatility. Enjoy extra light, privacy, and a larger lot with a fantastic backyard overlooking trees, steps from the dog park. Low-maintenance living is mostly covered by the HOA, along with a 10-year builder warranty. Even better, this property qualifies for special interest rates, incentives, and zero-down programs with preferred lenders.

Full Property Details for 4948 Southern Magnolia Dr

General

  • Price: $340,000
  • HOA FEE: $130/month
  • Taxes: $3,027
  • Status: Active
  • Type: Townhouse
  • Source: 2218
  • MLS ID: 10124445
  • Updated: 12/3/2025
  • Added to Site: 114 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Granite Counters, Kitchen Island, Open Floorplan, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
  • Flooring: Carpet, Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup

Additional Information

  • Shared Amenities: Dog Park, Landscaping, Maintenance, Maintenance Grounds, Parking

Exterior

  • Exterior Features: Balcony, Rain Gutters
  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Garage

Location

  • County: Wake
  • Subdivision: Magnolia Trace
  • Driving Directions: Start in Downtown Raleigh and get on I-40 West toward Durham/Chapel Hill. Continue for about 18 miles, then take Exit 276 for Fayetteville Road toward Southpoint. Turn left onto Fayetteville Road and drive about eight-tenths of a mile, then turn right onto Herndon Road. After about a mile and a half, turn right onto Southern Magnolia Drive, property is on the right
  • City Limits: Yes

School Information

  • Elementary School: Wake - Beaverdam
  • Middle School: Wake - River Bend
  • High School: Wake - Rolesville

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds, Maintenance Structure, Pest Control

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Water Connected

Structural Information

  • Property Detached: Yes
  • Architectural Style: Traditional
  • Structure Type: Site Built, Townhouse
  • Builder: Lennar
  • Exterior Const.: Concrete, Vinyl Siding
  • Roof: Shingle
  • Common Walls: 1 Common Wall, End Unit
  • Building Size: 1944
  • Square Feet: 1,944
  • Finished Above Grnd: 1,944 Sq. Ft.
  • Year Built: 2021

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,613.6
  • Street/Road Desc.: Asphalt
  • Lot Features: Cleared, Landscaped

Financial Considerations

  • Association Fee: $130
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,027

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 1735.17203856 0474750
  • Lot Number: 111

Listed by The Insight Group, David Velasquez (919) 908-4659

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Listing agent

— 4948 Southern Magnolia Dr —

  • David Velasquez

    The Insight Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4948 Southern Magnolia Dr

School District:Wake County Schools
NameGradesDistance
Beaverdam Elementary
3591 Tarheel Club Road, Raleigh, NC 27604
PK-51.5 mi
River Bend Middle, Raleigh, NC
5601 Wallace Martin Way, Raleigh, NC 27616
6-83.6 mi
Rolesville High School
1099 East Young Street, Rolesville, NC 27571
9-129 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4948 Southern Magnolia Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$340,000
-2.86%
MLS
10/28/2025
Price Reduced
$350,000
-2.51%
MLS
10/13/2025
Price Reduced
$359,000
-0.28%
MLS
9/26/2025
Listed
$360,000
33.33%
MLS
5/13/2021
Sold
$270,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4948 Southern Magnolia Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,027
—
$344,755
—
2024
$3,014
18%
$344,755
49%
2023
$2,548
8%
$231,903
—
2022
$2,368
216%
$231,903
201%
2021
$749
100%
$77,000
92%
2020
—
$40,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4948 Southern Magnolia Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by The Insight Group, David Velasquez (919) 908-4659

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4948 Southern Magnolia Drive, Raleigh, NC 27604 (MLS# 10124445) is a Townhouse property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 4948 Southern Magnolia Drive is currently listed for $340,000 and was received on September 26, 2025. Want to learn more about 4948 Southern Magnolia Drive? Do you have questions about finding other Townhouse real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

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