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3712 Mineral Mill
Raleigh, NC 27616
15 days ago
REDUCED
·
Active
$5,650,000
$200 / Sqft
42
Beds
63
Baths
14
Garage
28,224
Sqft 2026
Yr. Built
MLS# 10156846
Cumulative Days on Market: 199
· Includes prior listings
· Currently listed since 04/01/26 · Data provided by the MLS.
Property Description
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.
Property Highlights
Property Type
Residential Income
Property Sub Type
Townhouse
Architectural Style
Contemporary
Bedrooms
42
Total Bathrooms
63
Living Area
28,224
Price / Sqft
$200
Year Built
2026
Cumulative Days on Market
199
Location
City/Township
Raleigh
View
Neighborhood
Subdivision
Mitchell Mill
County
Wake
Zoning
R-4
Property Details
Price
$5,650,000
Property Type
Residential Income
Property Sub Type
Townhouse
Building
Structure Type
Townhouse
Levels
Three Or More
Total Area
28,224
Community
Community Features
Sidewalks, Street Lights
Local Schools
Elementary School
Wake - Harris Creek Elementary
Middle School
Wake - Rolesville Middle School
High School
Wake - Rolesville High School
Interior Features
Bedrooms and Bathrooms
Total Bathrooms
63
Full Bathrooms
42
1/2 Bathrooms
21
Bedrooms
42
Area and Spaces
Living Area
28,224
Above Grade Finished Area
28,224
Appliances
Appliances
Dishwasher, Free-Standing Range, Microwave, Plumbed For Ice Maker, Water Heater
Interior Features
Interior Features
Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Kitchen/Dining Room Combination, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
Flooring
Carpet, Luxury Vinyl, Tile
Laundry Features
Electric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
Security Features
Smoke Detector(s)
Entry Level
1
Entry Location
Foyer
Heating and Cooling
Heating Features
Central, Forced Air
Building Details
Construction
Architectural Style
Contemporary
Year Built
2026
New Construction
Yes
Foundations
Slab
Common Walls
1 Common Wall, 2+ Common Walls, End Unit, No One Above, No One Below
Materials
Construction Materials
Fiber Cement
Roof
Metal, Shingle
Terms
Terms
Special Conditions
Seller Licensed Real Estate Professional
Special Terms
Cash, Conventional
Cumulative Days on Market
199
Taxes
HOA
Has HOA
Yes
Association Fee
$190 /mo
Association Ammenities
Landscaping, Maintenance Grounds
Association Fee Includes
Maintenance Grounds, Storm Water Maintenance
Heating, Cooling & Utilities
Cooling Features
Central Air
Utilities
Utilities
Electricity Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Green Energy
Energy Efficiency Features
Appliances, Lighting, Thermostat
Utilities
Water Source
Public
Lot
Lot Features
Landscaped
Exterior Features
Exterior Features
Rain Gutters
Patio And Porch Features
Deck
Fencing
None
Parking
Garage Capacity
14
Parking Features
Attached, Garage Faces Front, Kitchen Level
Pool Features
Pool Features
None
Listed by Compass -- Raleigh, 919-726-6548
Listing Data last updated 10/17/2026 07:00 pm
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Property History
Today
Property information last updated
15 days ago
Date of last price change
199 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 199 days (includes prior listings)
· Currently listed since April 1, 2026. Data provided by the MLS.
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Listed by Compass -- Raleigh, Johnny Chappell