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.
New construction
Price cut: $50K (10/2)
$5,650,000
3712 Mineral Ml, Raleigh, NC 27616
3beds
28,224sqft
Townhouse
Built in 2026
-- sqft lot
$5,318,900 Zestimate®
$200/sqft
$190/mo HOA
What's special
Private bedroom suitesSecond-floor laundryOpen-concept main floorsUpper-level retreatsBuilt-in storage
- 222 days
- 387
- 27
Zillow last checked:
Listing updated:
Listed by:
Johnny Chappell 919-737-2247,
Compass -- Raleigh,
Maggie Sparling 919-406-4442,
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10156846
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 7
- Full bathrooms: 42
- 1/2 bathrooms: 21
Heating
- Central, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range, Microwave, Plumbed For Ice Maker, Water Heater
- Laundry: Electric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
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
- Flooring: Carpet, Luxury Vinyl, Tile
- Common walls with other units/homes: 1 Common Wall,2+ Common Walls,End Unit,No One Above,No One Below
Interior area
- Total structure area: 28,224
- Total interior livable area: 28,224 sqft
- Finished area above ground: 28,224
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: Attached, Garage Faces Front, Kitchen Level
- Garage spaces: 14
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Foyer
- Patio & porch: Deck
- Exterior features: Rain Gutters
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Features: Landscaped
- Residential vegetation: Grassed
Details
- Additional structures: None
- Parcel number: See Tax Records
- Zoning: R-4
- Special conditions: Seller Licensed Real Estate Professional
- Other equipment: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Fiber Cement
- Foundation: Slab
- Roof: Metal,Shingle
Condition
- New construction: Yes
- Year built: 2026
- Major remodel year: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Appliances, Lighting, Thermostat
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Mitchell Mill
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Maintenance Grounds
- Services included: Maintenance Grounds, Storm Water Maintenance
- HOA fee: $190 monthly
- HOA name: Mitchell Mill Townhomes
- HOA phone: 919-324-3829
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $200/sqft
- Date on market: 4/1/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership type: Townhouse
Estimated market value
$5,318,900
$5.05M - $5.58M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $5,650,000-0.9%$200/sqft |
Source:  Doorify MLS #10156846 Report a problem | ||
| 8/25/2026 | Price change | $5,700,000-0.9%$202/sqft |
Source: Doorify MLS #10156846 Report a problem | ||
| 6/26/2026 | Price change | $5,750,000-1.7%$204/sqft |
Source: Doorify MLS #10156846 Report a problem | ||
| 5/27/2026 | Price change | $5,850,000-2.5%$207/sqft |
Source: Doorify MLS #10156846 Report a problem | ||
| 4/1/2026 | Listed for sale | $5,999,000$213/sqft |
Source: Doorify MLS #10156846 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27616
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Harris Creek Elementary
- Middle: Wake - Rolesville Middle School
- High: Wake - Rolesville High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
