$1,117,500
NEW CONSTRUCTION

Estimated payment $6,346/month

3 Beds
2.5 Baths
2,042 Sq Ft
$547 Price per Sq Ft

Highlights

  • New Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • Underwood Magnet Elementary School Rated A
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

1523 Urban Trace Lane offers the perfect balance of modern luxury and everyday ease in Raleigh's highly desirable Five Points neighborhood. Thoughtfully designed for those who want to simplify without compromising on style, this townhome truly delivers.
Step inside to a light-filled, open floor plan anchored by a chef's kitchen outfitted with a WOLF gas range, Thermador refrigerator, microwave, and dishwasher—ideal for both effortless daily living and elegant entertaining. The private elevator ensures easy access to every level, while the flexible third bedroom provides options for a home office, guest suite, or creative retreat. The primary suite, conveniently located off the main floor, features a spacious en suite designed for comfort.Seamless indoor-outdoor living awaits with a back porch featuring electric screens, perfect for quiet mornings, evening relaxation, or casual gatherings. Upstairs, the showstopping rooftop terrace sets the stage for unforgettable entertaining with a built-in fire pit, outdoor wet bar and fridge, covered TV lounge, and plenty of room to dine or unwind beneath the stars.
Practical perks—like a one-car garage with electric car outlet and HOA-maintained exterior and landscaping—free up your time so you can enjoy Raleigh's vibrant dining scene, local coffee shops, and craft breweries just minutes from your door.
Whether you're looking to downsize, embrace low-maintenance living, or move closer to the city's heartbeat, this home offers a lifestyle that's both effortless and elevated.

Listing Agent

Allison Caudle

Southern Lux Living License #256715 Listed on: 09/19/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 1,742 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Home is estimated to be completed on 9/18/25
  • Transitional Architecture
  • Modernist Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Roof
  • Composition Roof
  • Rubber Roof
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,042 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Storage
  • Laundry Room
  • Smart Thermostat

Kitchen

  • Free-Standing Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary bathroom on main floor
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Schools

  • Joyner Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1704777298

Community Details

Overview

  • $1,000 One-Time Secondary Association Fee
  • Association fees include ground maintenance, maintenance structure
  • Urban Place At Five Points HOA
  • Urban Place At Five Points Subdivision
  • Maintained Community
  • Community Parking

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,037

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Year Built: 2025
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Urban Place at Five Points
  • Above Grade Finished Sq Ft: 2042.0
  • Architectural Style: Modern, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Effective Year Built: 2025
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2025-09-18
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Bedroom 3 Level: First
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: 9999999999
  • General Property Information Senior Community YN: No
  • General Property Information Association Name 2: Urban Place at Five Points HOA
  • Architectural Style Modernist: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: Yes
  • General Property Information Monthly Association Fees2: 275.0
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2042.0
  • Room Types Primary Bathroom Level: Main
  • Cooling Ceiling Fan(s): Yes
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • Roof Architectural Shingle: Yes
  • Roof Composition: Yes
  • Property Condition New Construction: Yes
  • General Property Information Lot Size Square Feet2: 1742.0
  • Flooring Simulated Wood: Yes
  • Roof:Metal2: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • General Property Information Lot Size Acres: 0.04
  • RoofRubber: Yes
  • Roof Wood4: Yes
  • Special Features: 4098
  • Property Sub Type: Townhouses
  • Year Renovated: 2025

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Simulated Wood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Shower Only, Smart Thermostat, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Appliances: Bar Fridge, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Free-Standing Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Ice Maker: Yes
  • Appliances:Free-Standing Gas Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features:Recessed Lighting: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Roof: Architectural Shingle, Composition, Metal, Rubber, Wood
  • Exterior Features: Rain Gutters, Storage
  • Acres: 0.04
  • Common Walls: 2+ Common Walls
  • Construction Type: Brick, Engineered Wood, HardiPlank Type
  • Foundation Details: Slab
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes
  • Exterior Features:Storage2: Yes
  • Construction Materials:HardiPlank Type: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Association Amenities:Parking: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Gas Pack, Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Dual, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 1000.0
  • Association #2 Fee Frequency: One Time
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association: Urban Place at Five Points HOA
  • Association Name: Urban Place at Five Points HOA
  • Phone: 999-999-9999
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Urban Place at Five Points HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Landscaping: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 1000.0
  • General Property Information:Association Fee 2 Frequency: One Time

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Zoning: R-10
  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1704777298

Tax Info

  • Tax Annual Amount: 2037.23
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Joyner

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $2,037 $233,600 $200,000 $33,600
2024 $1,737 $200,000 $200,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 For Sale $1,117,500 -- $547 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10122768

Doorify MLS

APN: 1704.12-77-7298-000