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For sale
  • Price cut: $20K (7/9)
    $349,990

    507 Gateway Townes Blvd, Wake Forest, NC 27587

    3beds
    2,290sqft
    : 
    $2,252/mo
    Get pre-qualified
    Townhouse, Residential
    Built in 2020
    1,306 Square Feet Lot
    $347,200 Zestimate®
    $153/sqft
    $145/mo HOA

    What's special

    Abundant cabinet spaceLarge center islandAttached single-car garageWalk-in closetGenerously sized secondary bedroomDining area
    Major price reduction. All offers are encouraged. This practically new, never-lived-in former model home helped inspire buyers to call The Townes at Gateway Commons home--and it's easy to see why. Here, convenience truly meets community with exceptional walkability to everyday essentials. Just steps away, Gateway Commons Shopping Center offers grocery stores, restaurants, fuel, shopping, and hardware, while the charm and history of Downtown Wake Forest are only a mile away. Built by McKee Homes, this sought-after Polk floorplan offers a flexible layout designed for today's lifestyle. The lower level features a private guest bedroom and full bath--perfect for visitors, multi-generational living, or a home office. Enter through the front door or attached single-car garage and you'll find a thoughtfully designed drop zone accented with stylish shiplap. Upstairs, the open-concept main living area creates the perfect setting for entertaining or everyday living. The chef's kitchen showcases stainless steel appliances, a large center island, abundant cabinet space, and a pantry. Whether dining at the island, gathering in the dining area, or enjoying alfresco meals on the spacious balcony, this home makes every occasion feel special. A convenient powder room completes the main level before you unwind in the inviting living room--ideal for movie nights and binge-worthy streaming sessions. Retreat upstairs to the luxurious primary suite featuring a spa-inspired bath and walk-in closet. A generously sized secondary bedroom and dedicated full bath ensure guests or family members enjoy comfort and privacy. Unlike many townhomes, this one also includes a true laundry room complete with washer, dryer, and utility sink. Low-maintenance living has never looked so good. The HOA handles landscaping, roofing, and exterior painting, giving you more time to enjoy the lifestyle you deserve. If you've been searching for simplicity, convenience, and modern comfort in an unbeatable location, this is your opportunity. Schedule your showing today and discover why life is better at The Townes at Gateway Commons. Would make a great property for investors needing a 1031 exchange for rental property. (Note: Photos with furnishings have been virtually staged to give buyers an idea of design options.)
    70 days
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    220
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lee Cox 919-413-2506,

    Cox Distinctive Properties, LL

    Source: Doorify MLS,MLS#: 10167621MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Electric, Heat Pump
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
      • Laundry: Electric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
      Features
      • Bathtub/Shower Combination, Ceiling Fan(s), Chandelier, Double Vanity, Entrance Foyer, Granite Counters, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Recessed Lighting, Smooth Ceilings, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
      • Flooring: Carpet, Vinyl, Tile
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 2,290
      • Total interior livable area: 2,290 sqft
      • Finished area above ground: 2,290
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Additional Parking, Attached, Driveway, Garage, Paved
      • Attached garage spaces: 1
      • Uncovered spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Front Porch, Rear Porch
      • Exterior features: Balcony, Rain Gutters
      • Has view: Yes
      • View description: City, Neighborhood
      Lot
      • Size: 1,306 Square Feet
      • Features: City Lot, Landscaped, Level
      Details
      • Parcel number: 184008977882000 0469471
      • Zoning: RMX
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Transitional
      • Property subtype: Townhouse, Residential
      • Attached to another structure: Yes
      Materials
      • Brick Veneer, HardiPlank Type
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2020
      • Major remodel year: 2020
      Details
      • Builder name: McKee Homes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: The Townes at Gateway Commons
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds
      • Services included: Maintenance Grounds, Pest Control, Road Maintenance
      • HOA fee: $145 monthly
      Location
      • Region: Wake Forest

      Financial & listing details

      • Price per square foot: $153/sqft
      • Tax assessed value: $345,247
      • Annual tax amount: $3,299
      • Date on market: 5/15/2026

        Estimated market value

        $347,200

        $330,000 - $365,000

        $2,235/mo

        Price history

        DateEventPrice
        7/9/2026Price change$349,990-5.4%$153/sqft
        Source: Doorify MLS #10167621 Report a problem
        6/13/2026Price change$369,990-3.9%$162/sqft
        Source: Doorify MLS #10167621 Report a problem
        5/15/2026Listed for sale$384,900-1.3%$168/sqft
        Source: Doorify MLS #10167621 Report a problem
        2/12/2026Listing removed$389,990$170/sqft
        Source: Doorify MLS #10077813 Report a problem
        8/12/2025Price change$389,990-2.3%$170/sqft
        Source: Doorify MLS #10077813 Report a problem
        2/21/2025Listed for sale$399,000$174/sqft
        Source: Doorify MLS #10077813 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,255 +0.4%$345,247
        2024$3,243 +10.6%$345,247 +37.7%
        2023$2,933 +4.2%$250,650
        2022$2,814 +1.8%$250,650
        2021$2,765 +601.3%$250,650
        2020$394 $250,650
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27587

        Getting around

        46 / 100
        Car-Dependent
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Wake Forest Elementary
        • Middle: Wake - Wake Forest Middle School
        • High: Wake - Wake Forest 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.

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