3712 Mineral Mill, Raleigh, NC 27616

Raleigh
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
3712 Mineral Mill,Raleigh, NC 27616
$5,650,000
  • 42 Beds
  • 63 Baths
  • 28,224 sq. ft.
  • Multi-family
  • Active
Listed by: johnny chappell, maggie sparling
Office: compass -- raleigh
MLS#:10156846
Source:RD

Price summary

  • Price:$5,650,000
  • Price per sq. ft.:$200.18
  • Monthly HOA dues:$190

About this home

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.

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Home facts

  • Year built:2026
  • Subdivision & Development:Mitchell Mill
  • Listing ID #:10156846
  • Added:215 day(s) ago
  • Updated:November 03, 2026 at 04:17 PM

Rooms and interior

  • Bedrooms:42
  • Total bathrooms:63
  • Full bathrooms:42
  • Flooring:Carpet, Luxury Vinyl, Tile
  • Dining Description:Kitchen/Dining Room Combination
  • Bathrooms Description:Bathtub/Shower Combination, Shower Only, Walk-In Shower
  • Kitchen Description:Dishwasher, Free-Standing Range, Microwave, Plumbed For Ice Maker, Water Heater
  • Living area:28,224 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:2026
  • Building area:28,224 sq. ft.
  • Lot Features:Landscaped
  • Construction Materials:Fiber Cement
  • Exterior Features:Deck, Rain Gutters
  • Foundation Description:Slab
  • Levels:Three Or More

Schools

  • High school:Wake - Rolesville High School
  • Middle school:Wake - Rolesville Middle School
  • Elementary school:Wake - Harris Creek Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,650,000
  • Price per sq. ft.:$200.18

Features and amenities

  • Laundry features:Electric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup

Parking

  • Parking description:Attached, Garage Faces Front
  • Garage:Yes
  • Garage spaces:14
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