NEW CONSTRUCTION
$5K PRICE DROP
1012 Addison Place Raleigh, NC 27610
Belvedere Park NeighborhoodEstimated payment $6,167/month
Total Views
51,473
5
Beds
4
Baths
2,692
Sq Ft
$370
Price per Sq Ft
Highlights
- New Construction
- Open Floorplan
- Wood Flooring
- Conn Elementary Rated A-
- Craftsman Architecture
- Main Floor Bedroom
About This Home
Welcome to Oakway, where life is not only lived but artfully arranged. Here, a curated collection of single-family residences rises just minutes from the heart of Downtown Raleigh, yet feels worlds away. Each home is a posh, private retreat-exuding elegance, celebrating scale and setting the stage for inspired DTR living. Brought to market by local experts and delivered by esteemed local builders, Oakway offers homeowners unmatched urban proximity and unparalleled peace of mind. Step inside and let light lead the way. Open-concept layouts stretch beyond 2,700 square feet, blending grandeur and grace. At the heart of every home, a chef's kitchen hums along, allowing an oversized island, refined fixtures and seamless connection to expansive dining and living spaces to handle a crowd. Walls of windows invite sunlight to stretch across wide rooms, while fireplaces anchor evenings with quiet luxury. Every suite is a sanctuary, offering privacy and potential in equal measure, whether for family, guests, or your own serene escape. Beyond the interiors, outdoor living unfolds in a rare fashion for DTR. Screened-in porches are poised for alfresco dinners, and large, fenced-in backyards promise ample private green space to stretch your legs and your imagination. Commuter-friendly garages and driveways add ease, while elevated touches—bidets, bespoke built-ins, and modern fixtures—remind you that no detail has been overlooked. This Downtown Raleigh home collection doubles down on its delivery, hosting both single-family hideaways and designer, duet-style townhomes in perfect harmony. Elevated elegance comes with easy access to one of NC's fastest-growing metro areas—a combo as rare as it is refreshing. Here, the name becomes a promise and an invitation. Steps from Raleigh's celebrated dining, shopping, and cultural scene yet set apart in a quiet cul-de-sac community, Oakway delivers a lifestyle you'll never run out of reasons to love. From eateries scattered through Seaboard Station and Smoky Hollow to quintessential Oak City charm in nearby Historic Oakwood and Mordecai, DTR's newest neighborhood offers a way of living defined by luxury yet softened by leisurely ease. There are many ways to live in Downtown Raleigh. But only one Oakway. Tour move-in-ready homes today.
Home Details
Home Type
- Single Family
Year Built
- Built in 2025 | New Construction
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 52x121x38x119
- Landscaped
- Cleared Lot
- Grass Covered Lot
- Back Yard Fenced and Front Yard
Home Design
- Craftsman Architecture
- Transitional Architecture
- Entry on the 1st floor
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,692 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Gas Fireplace
- Sliding Doors
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Screened Porch
- Neighborhood Views
- Basement
- Crawl Space
- Pull Down Stairs to Attic
- Fire and Smoke Detector
Kitchen
- Free-Standing Gas Range
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- Walk-In Closet
- 4 Full Bathrooms
- Double Vanity
- Low Flow Plumbing Fixtures
- Private Water Closet
- Bathtub with Shower
- Shower Only
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Sink Near Laundry
- Washer and Electric Dryer Hookup
Parking
- Private Driveway
- 2 Open Parking Spaces
Eco-Friendly Details
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
Schools
- Conn Elementary School
- Ligon Middle School
- Enloe High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Rain Gutters
- Grass Field
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1714433994
3D Interior and Exterior Tours
Floorplans
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2022 | $2,912 | $283,653 | $115,000 | $168,653 |
| 2021 | $2,800 | $283,653 | $115,000 | $168,653 |
| 2020 | $2,749 | $283,653 | $115,000 | $168,653 |
| 2019 | $1,525 | $128,111 | $35,000 | $93,111 |
| 2018 | $1,440 | $128,111 | $35,000 | $93,111 |
| 2017 | $1,373 | $128,111 | $35,000 | $93,111 |
| 2016 | $1,345 | $128,111 | $35,000 | $93,111 |
| 2015 | $1,434 | $134,623 | $35,000 | $99,623 |
| 2014 | $1,362 | $134,623 | $35,000 | $99,623 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | Price Changed | $995,000 | -0.5% | $370 / Sq Ft |
| 09/19/2025 09/19/25 | For Sale | $1,000,000 | -- | $371 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | -- | |
| Warranty Deed | $128,000 | Attorney | |
| Warranty Deed | $138,000 | None Available | |
| Warranty Deed | $72,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $425,000 | Construction | |
| Previous Owner | $100,800 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $123,950 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Chappell has been one of the leading independent real estate firms in the Triangle. Led by top Triangle real estate broker and developer Johnny Chappell, the team has become closely associated with contemporary, new-construction development, and represents hundreds of buyers and sellers throughout the region. This expert team notably launched and represented multiple award-winning properties throughout the Triangle – including the Clark Townhomes in The Village District and West + Lenoir in
Johnny's Other Listings
-
$1,050,000 New Construction
- 8 Beds
- 8 Baths
- 3,740 Sq Ft
- 1000 Addison Place
- Unit 101 & 102
- Raleigh, NC
Source: Doorify MLS
MLS Number: 10122984
APN: 1714.14-44-4114-000
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