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Updated 2 hours ago

248 Waterville St


Raleigh, NC

5 Bed
3 Bath

3,788 Sq. Ft.

Available starting May. 1st
5 Beds • 3 Bath
$3,899
3788 ft2
1 Available
Managed By: avail
Executive 5BR Ranch on Golf Course | Finished Basement | EV Charger | Corporate Leasing Welcome
$3,899
Available May 1st, 2026
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Lease & Fees
Security Deposit: $7,800.00
Property details
Description

Executive ranch-style home overlooking the **7th fairway in the Eagle Ridge Golf Community**. Approximately **3,750 sq ft of finished living space plus ~600 sq ft additional basement area**, featuring hardwood floors throughout the main level and exceptional outdoor living spaces.
Beautiful custom **ranch-style home with golf course views** in the desirable Eagle Ridge community in South Raleigh. The home offers **5 bedrooms, 3.5 bathrooms, a private study/home office, and multiple living areas**, providing both comfort and flexibility for everyday living and entertaining.
The main level features **hardwood flooring throughout with no carpet**, an open layout, and abundant natural light. The finished basement adds additional living space, while the extra unfinished basement area is ideal for storage, a home gym, or hobby space.
Enjoy exceptional outdoor living overlooking the golf course, including:
• Screened porch for relaxing year-round
• Concrete patio/porch ideal for outdoor seating
• Large deck perfect for entertaining while enjoying scenic fairway views
Additional highlights include:
• Oversized garage with **Level 2 EV charger installed**
• Two gas fireplaces
• Spacious primary suite with jacuzzi tub and premium glass shower enclosure
• Generous secondary bedrooms
• Quiet golf-course setting with beautiful fairway views
Conveniently located in the **Eagle Ridge community in South Raleigh**, with easy access to shopping, dining, and major highways.
**Corporate leasing and relocation housing welcome. Optional fully furnished package and utilities available for corporate leases.**
12-month lease preferred.
Ideal for corporate relocation, executive housing, or professionals seeking spacious golf-course living.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (732) 501-8320
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 248 Waterville St by bedroom type below.
5 Bedroom
Suggested income:
$140,400
per year
Rent report

248 Waterville St Rent vs. Raleigh Average

 248 Waterville St      Raleigh Average
5BR
$3,899
$2,391
$0
$1,300
$2,600
$3,900
$5,200

248 Waterville St is asking 63% more than the average 5 bedroom apartment in Raleigh.

If you downsized to an average priced Raleigh 4 bedroom apartment, you would pay 3% less per month.

248 Waterville St provides 58% more square footage than the average Raleigh 5 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
248 Waterville St
Raleigh Average
Studio $1,762 $3.00 $5,286
1BR $1,465 $1.90 $4,395
2BR $1,965 $1.80 $5,895
3BR $2,051 $1.40 $6,153
4BR $2,321 $1.10 $6,964

Availability in Raleigh

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,501 1BR units on the market in Raleigh. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 41% 35% 12% 3%
Available Units in Raleigh
Studio 270
1BR 1,501
2BR 1,251
3BR 452
4BR 121
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Strategic Behavioral Center Gar NER 5.82 mi.
Wakemed Cary Hospital 8.11 mi.
Wakemed 8.95 mi.
Nearby Fire Stations
Name Distance
Garner Volunteer Fire Rescue, Inc. 3.6 mi.
Garner Volunteer Fire Rescue, Inc. 3.97 mi.
Town Of Fuquay Varina 5.79 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on May 01, 2026.
What's the square footage of the available units?
It's 3,788 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 5 bedroom units available.
How many bathrooms are in the available units?
There are 3 bathroom units available.
What's the monthly rent at this property?
248 Waterville St has a 5 bedroom unit starting at $3,899.
Where is this property located?
This property is at 248 Waterville St in Raleigh, NC. It's 7.7 miles south from the center of Raleigh.
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