DO NOT MISS THIS OPPORTUNITY! THIS BUILDING INCLUDES 6 TOWNHOME-STYLE CONDOS FOR A DISCOUNTED BULK PRICE! WALKABLE TO EVERYTHING DOWNTOWN RALEIGH! HOT RENTAL LOCATION! COMPETITIVE WITH DOWNTOWN APARTMENTS - HIGH RENTAL VALUES! ESTIMATED RENTAL VALUE PER UNIT: $3,500/MONTH. SHOULD APPRAISE FOR $5M+ TOTAL!!! Each unit includes 3 bedrooms (or 2 bedrooms + an office/flex space), 3 full bathrooms, a private garage, and screened-in porches. Units #105 and #106 include a 4th story with private rooftop terraces! HOA covers all exterior maintenance & lawn care! $4,200,000 TOTAL = $700,000 PER UNIT. INCREDIBLE INVESTMENT OPPORTUNITY.
New construction
Price cut: $300K (7/13)
$4,200,000
720 Noble Town Way #101-106, Raleigh, NC 27603
12beds
9,062sqft
Townhouse
Built in 2025
2.16 Acres Lot
$3,897,700 Zestimate®
$463/sqft
$300/mo HOA
What's special
Private garageScreened-in porches
- 115 days
- 259
- 10
Zillow last checked:
Listing updated:
Listed by:
Emily Mitchell 919-810-6520,
Costello Real Estate & Investm,
Emma Douglass 919-448-5506,
Costello Real Estate & Investm
Source: Doorify MLS,MLS#: 10171500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 16
- Full bathrooms: 18
- 1/2 bathrooms: 6
Heating
- None
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Built-In Electric Range, Built-In Range, Disposal, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Electric Oven, Microwave, Oven, Plumbed For Ice Maker, Range, Smart Appliance(s), Stainless Steel Appliance(s), Warming Drawer, Water Heater
- Laundry: Laundry Closet, Upper Level
Features
- Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Eat-in Kitchen, High Ceilings, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Wired for Sound, Kitchen/Dining Room Combination, Living/Dining Room Combination, Shower Only, Walk-In Shower, Quartz Counters, Smooth Ceilings
- Flooring: Luxury Vinyl, Tile
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 9,062
- Total interior livable area: 9,062 sqft
- Finished area above ground: 9,062
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Alley Access, Additional Parking, Attached, Covered, Direct Access, Driveway, Enclosed, Garage Faces Rear, Garage, Garage Door Opener, Guest, Inside Entrance, Lighted, On Site, On Street, Paved, Private, Storage
- Garage spaces: 6
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Awning(s), Covered, Deck, Enclosed, Other, Patio, Rear Porch, Screened, See Remarks, Terrace
- Exterior features: Awning(s), Lighting, Other, Private Entrance, Rain Gutters, Storage
- Has view: Yes
- View description: City, City Lights, Downtown, Neighborhood, Other, Skyline, Trees/Woods
Lot
- Size: 2.16 Acres
- Features: City Lot, Interior Lot, Landscaped, Level, Rectangular Lot, Views, Zero Lot Line, Hardwood Trees
- Residential vegetation: Grassed
Details
- Parcel number: 1704309915LO16
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Brick Veneer, Fiber Cement
- Foundation: Raised, Slab
- Roof: Architectural Shingle
Condition
- New Construction,Under Construction
- New construction: Yes
- Year built: 2025
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Insurance, Landscaping, Maintenance, Maintenance Grounds, Management, Maintenance Structure, Trash, Taxes
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Road Maintenance
- HOA fee: $300 monthly
- HOA name: Towne Properties
- HOA phone: 919-878-8787
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $463/sqft
- Date on market: 6/3/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Alley Paved, Paved
Estimated market value
$3,897,700
$3.70M - $4.09M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $4,200,000-6.7%$463/sqft |
Source:  Doorify MLS #10171500 Report a problem | ||
| 6/3/2026 | Listed for sale | $4,500,000$497/sqft |
Source: Doorify MLS #10171500 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hillsborough
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Wiley Elementary
- Middle: Wake - Oberlin Middle
- High: Wake - Needham Broughton High
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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