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.
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Listing Snapshot
Price
$5,650,000
Days On Site
187 Days
Bedrooms
42
Inside Area (SqFt)
28,224 sqft
Total Baths
63
Full Baths
42
Partial Baths
21
Lot Size
N/A
Year Built
2026
MLS® Number
10156846
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$190 monthly
Sq Ft Source
N/A
Friends & Family
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Electric Dryer HookupLaundry RoomSinkUpper LevelWasher Hookup
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Exterior Features
Construction Details
Fiber Cement
Exterior
Rain Gutters
Fencing
None
Lot Features
Landscaped
Other Structures
None
Patio And Porch
Deck
Pool Features
None
Roof
MetalShingle
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Neighborhood
Waterview
Neighborhood
Community Features
Association Amenities
LandscapingMaintenance Grounds
Association Fee
$190.0
Association Fee Frequency
Monthly
Community Features
Street LightsSidewalks
Financing Terms Available
CashConventional
Building Access
Foyer
Schools
School District
Unknown
Elementary School
Wake - Harris Creek Elementary
Middle School
Wake - Rolesville Middle School
High School
Wake - Rolesville High School
Listing courtesy of Johnny Chappell of Compass -- Raleigh
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-10-06 03:18 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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