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    5045 Lundy Dr, Unit 101 Raleigh, NC 27606

    For Sale
    $3,575,000

    MULTI_FAMILY - Raleigh, NC

    Property size:
    16,625 SF
    Days on Market:
    20
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 5045 Lundy Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Bathroom 12, Bathroom 20, Bathroom 5, Bathroom 19, Bathroom 14, Bedroom 7, Bathroom 13, Bathroom 16, Bedroom 11, Bathroom 6, Bedroom 20, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 22, Bedroom 4, Bathroom 23, Bedroom 8, Bathroom 26, Bedroom 14, Bedroom 16, Bathroom 1, Bathroom 18, Bathroom 3, Bedroom 21, Bathroom 17, Bathroom 25, Bedroom 15, Bathroom 24, Bathroom 28, Bedroom 18, Bedroom 13, Bedroom 5, Bedroom 12, Bathroom 11, Bedroom 17, Bedroom 9, Bedroom 19, Bathroom 4, Bathroom 7, Bedroom 10, Bathroom 27, Bathroom 10, Bathroom 9, Bathroom 15, Bathroom 8, Bathroom 21, Bedroom 1
    Bedrooms
    21
    Bathrooms
    24
    APN
    see tax records
    Parking
    14
    Parking features
    On Street
    Patio and Porch features
    Patio, Porch
    Interior features
    Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Quartz Counters, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet
    Exterior features
    Rain Gutters
    Appliances
    Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
    Size
    16,625 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Zoned, Heat Pump (Heating)
    Cooling system
    Heat Pump, Zoned, Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    3
    Number of units
    7
    Flooring type
    Carpet, Hardwood, Tile
    Building materials
    Fiber Cement
    Roof type
    Shingle
    Additional Structures
    Storage

    Compass North Carolina (212) 913-9058 [email protected]

    Listing agent Johnny Chappell (919) 737-2247

    Listing date Nov 24, 2025

    MLS# 10115231 Listing URL

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Move-In Ready Multifamily Investment Opportunity

    Located between Downtown Raleigh and Cary, these completed homes offer a blend of contemporary design and a connected location. The available units are part of a community where metro energy meets lakeside ease. These homes were completed in 2025. Each plan lives like a single-family home, with three bedrooms, three and a half baths, and open living areas. Kitchens feature sleek designs and fresh finishes. The top floor flex space offers options for a work-from-home setup, a media retreat, or a private suite for guests. Patios and green pockets provide outdoor space. The location is steps from everyday essentials and minutes from Raleigh's culture, food, and community hubs, including Lake Johnson Park, NC State, the Museum of Art, and the Fairgrounds, with easy access to Downtown and Cary's entertainment core. The available homes offer more than 2,400 square feet of space across three levels. Floor plans include 3-4 bedrooms and can be modified to meet buyer's needs. The property is suitable for both homeowners and investors looking to expand their residential portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.719035
    Latitude
    35.777031

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    FAQs

    What type of property is this?
    Apartment building - Seven completed homes available in Raleigh, offering modern living.
    Where is this apartment building located?
    The property is located at 5045 Lundy Dr, Unit 101 Raleigh, NC.
    What is the asking price?
    The asking price for this property is $3,575,000.
    What are key features of this property?
    This property features: - New construction completed in 2025, move-in ready.; - Spacious layouts with **over 2,400 square feet**, 3-4 bedrooms, and 3.5 baths.; - Prime location between Downtown Raleigh and Cary, near Fenton, Lake Johnson, and RTP.
    (919) 737-2247
    Request Owner's contact information
    5045 Lundy Dr, Unit 101 Raleigh, NC 27606
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    Raleigh, NC 27606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5045 Lundy Dr, Unit 101 Raleigh, NC 27606
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