Welcome to Cavallino Ranch...11 open & wooded acres, w/pond frontage, in Exclusive Heritage Pointe INCLUDING this English-style Barn with attached luxury living quarters - just finished! Tucked away in Apex, NC/Chatham County-the best of both worlds-seclusion & convenience! Not your typical barn, stables & quarters though. Thoughtfully named for the Cavallino horse and is perfect blend of rustic luxury & modern comfort, making it a haven for horses & a retreat for their owners! As you enter the property, you'll be captivated by its timeless appeal. The distinctively sloped shake roof, custom cypress siding, steel windows and doors seamlessly merge with the natural surroundings. Form meets function here for up to 4 horses & their caretakers alike. All 4 breeding sized horse stalls are complete w/ padded floors, custom steel windows & automatic waterers. Also in the barn you'll find a wash stall, state of the art feed room & an impressive tack & laundry room. In the attached living quarters you'll be welcomed by completely custom & luxurious finishes throughout - white oak, solid brass, steel, quartzite, tall windows & Views!
Property Details
Property Features
Listing Office:
Office Name: Compass -- Raleigh
Office Phone: (919) 726-6548
Listing Agent: Debbie L Van Horn, Kristen Lampuri
Exterior Features
Exterior Information:
Exterior: Fence
Virtual/3D Tour
Virtual Tour: 155 Settlement Dr
Virtual Tour
Lot Features
Lot Information:
Lot: Level, Open Lot, Pasture
Lot Size: 10.98 Acres
School Info
Assigned Schools Information:
Northwood High School, Public District Grades 9-12
Margaret B. Pollard Middle School, Public District Grades 6-8
North Chatham Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Take U.S. Highway 64, Turn onto Patriot Way, Take a Left onto Heritage Drive, Take a Right onto Democracy Place, Take a Right onto Settlement Drive (Although the Official Address is 166 Democracy Place - you'll find the driveway on Settlement Drive)
Price Information
Listing Price Info
Price Summary:
List Price: $3,125,000
What can I afford?
Understand what home price range makes sense for your budget.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 8:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.6K
Per Month
Principal & Interest
$15.5K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,435
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
North Chatham Elementary School
3380 Lystra Rd
Distance between this listing and this school6.56 miles
Public District Grades PK-5
Middle School
5
/10
Margaret B. Pollard Middle School
185 Granite Mill Blvd
Distance between this listing and this school9.48 miles
Public District Grades 6-8
High School
5
/10
Northwood High School
310 Northwood High School Rd
Distance between this listing and this school11.52 miles
Public District Grades 9-12
Assigned Schools
6
/10
North Chatham Elementary School
3380 Lystra Rd
Distance between this listing and this school6.56 miles
Public District Grades PK-5
Nearby Schools
10
/10
Olive Chapel Elementary School
1751 Olive Chapel Rd
Distance between this listing and this school4.36 miles
Public District Grades KG-5
6
/10
Turner Creek Elementary School
6801 Turner Creek Rd
Distance between this listing and this school5.77 miles
Public District Grades KG-5
Assigned Schools
5
/10
Margaret B. Pollard Middle School
185 Granite Mill Blvd
Distance between this listing and this school9.48 miles
Public District Grades 6-8
Nearby Schools
10
/10
Mills Park Middle School
441 Mills Park Dr
Distance between this listing and this school6.40 miles
Public District Grades 6-8
4
/10
Apex Middle School
400 E Moore St
Distance between this listing and this school6.94 miles
Public District Grades 6-8
Assigned Schools
5
/10
Northwood High School
310 Northwood High School Rd
Distance between this listing and this school11.52 miles
Public District Grades 9-12
Nearby Schools
8
/10
Panther Creek High School
6770 Mccrimmon Pkwy
Distance between this listing and this school7.04 miles
Public District Grades 9-12
8
/10
Green Hope High School
2500 Carpenter Upchurch Rd
Distance between this listing and this school7.25 miles
The neighbors living near this home have an average income of $79,821. Residents of Apex, NC typically earn between $100k-200k each year. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 155 Settlement Dr
What is the listing price of this property?
The listing price of 155 Settlement Dr property is $3,125,000.
What type of property is this?
The property 155 Settlement Dr is land located in Apex, North Carolina, 27523.
Is this property for sale now?
Active Listing: 155 Settlement Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 155 Settlement Dr are: North Chatham Elementary School: GreatSchools Rating 6/10Margaret B. Pollard Middle School: GreatSchools Rating 5/10Northwood High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 155 Settlement Dr in Apex, NC and zip code 27523. This home sits on a 10.98 acre lot. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $3,125,000.
Apex, NC housing market in April 2024 saw over 61 listings sold above listed price, more than 23 sold at listed price and over 35 sold below. The inventory of homes for sale in Apex, NC between March 2024 and April 2024 increased by 7.4%. In April 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $584,390.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. 
Hunting
Hunting
Figure Skating
NASCAR
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country