Mitchell Mill offers a rare opportunity to acquire a full 14-unit, new-construction townhome community in North Raleigh. Adjacent land may also be included for an amenity area, guest parking, or future expansion of up to four additional units. Leasing began in July, and three units are already leased through summer 2027 at $2,100, $2,195, and $2,295 per month, with additional inquiries continuing to come in. Each three-level townhome features three bedrooms, a flexible loft, open living areas, a private deck, second-floor laundry, generous storage, a spacious primary suite, and a one-car garage. Conveniently located near I-540, Mitchell Mill provides easy access to Downtown Raleigh, RTP, shopping, dining, and nearby greenways. With strong early leasing activity, new-construction quality, and expansion potential, the community presents a compelling investment opportunity.
| MLS # | 10156846 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $190 |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 216 |
| Listing Provided By | Compass -- Raleigh | Johnny Chappell |
| Bed(s) | 42 |
|---|---|
| Bath(s) | 63 Total |
| SQ Feet | 28,224 |
| Garage | 14 |
| Story(s) | 3 |
| Zoning | R-4 |
| Property View | Neighborhood |
| Interior Features | Ceiling Fan(s), Entrance Foyer, Kitchen Island, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Storage, Walk-in Closet(s), Kitchen/Dining Room Combination, Shower Only, Bathtub/Shower Combination, Walk-in Shower, Smooth Ceilings, Eat-in Kitchen |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Laundry Features | Electric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup, Washer/Dryer Hookups |
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Metal, Shingle |
| Foundation Details | Slab |
| Lot Features | Landscaped |
| Community Features | Street Lights, Sidewalks |
| View | Neighborhood |
| Construction Materials | Fiber Cement |
| Security Features | Smoke Detector(s) |
| Patio And Porch Features | Deck |
| Pool Features | None |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Attached, Garage Faces Front, Kitchen Level |
| Association Amenities | Landscaping, Maintenance Grounds |
|---|---|
| Community Features | Street Lights, Sidewalks |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Legal Description | Lo1-14 Mitchell Mill Townhomes Bm2025-711 |
|---|---|
| Tax Year | 2026 |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27616 |
| Area | Wake |
| Community Name | Mitchell Mill |
| School District | Wake - Rolesville High School |
| Elementary School | Wake - Harris Creek Elementary |
| High School | Wake - Rolesville High School |
| Listing VS Median (in Mitchell Mill) | |
Price: $5,650,000 low | high Med: $3,010,000 sqft: 28,224 low | high Med: 15,330 $ / sqft: $200 low | high Med: $176 On site: 216 low | high Med: 217 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27616 |
| Area | Wake |
| Community Name | Mitchell Mill |
| School District | Wake - Rolesville High School |
| Elementary School | Wake - Harris Creek Elementary |
| High School | Wake - Rolesville High School |
| Listing VS Median (in Mitchell Mill) | |
Price: $5,650,000 low | high Med: $3,010,000 sqft: 28,224 low | high Med: 15,330 $ / sqft: $200 low | high Med: $176 On site: 216 low | high Med: 217 | |