$539,000
NEW CONSTRUCTION

5045 Lundy Dr Unit 101 Raleigh, NC 27606

Estimated payment $3,125/month

Total Views 3,288
3 Beds
3.5 Baths
2,375 Sq Ft
$227 Price per Sq Ft

Highlights

  • New Construction
  • Craftsman Architecture
  • Bonus Room
  • Farmington Woods Elementary Rated A
  • Wood Flooring
  • High Ceiling

About This Home

Wrenwood is where metro energy meets lakeside ease, and where Raleigh living hits its stride. With 5061 Lundy Drive 101 already rented through next year, this designer duet is perfect for a residential investor looking to root their ROI in Oak City. Perfectly planted between Downtown Raleigh and Cary, this duet-style collection puts you minutes from the action at Fenton, the trails at Lake Johnson, and the RTP taprooms and tech hubs that keep the Triangle buzzing. Whether you're hunting for a home or a high-potential investment for your residential portfolio, Wrenwood's blend of contemporary design, connected location, and comfortable livability makes it a standout.

Phase One sold out fast. Phase Two is here and move-in-ready, with new layouts offering more than 2,400 square feet of space across three bright, flexible levels. Each plan lives like a single-family home, with three bedrooms, three and a half baths, and open living areas built for real life. The kitchens are sleek, the finishes are fresh, and the vibe is modern without trying too hard. The top floor flex space gives you options, whether you're building your work-from-home empire, creating a media retreat, or giving guests their own private suite. Patios and green pockets offer outdoor moments that feel made for an Oak City autumn night.

You're steps from everyday essentials and only minutes from Raleigh's best culture, food, and community hubs. Lake Johnson Park. NC State. The Museum of Art. The Fairgrounds. And a straight shot to Downtown or Cary's entertainment core. Buy here and stay. Or buy here and build something bigger. Either way, Wrenwood delivers the kind of connected living that keeps people coming back. Plus, all construction was handled by local experts who love the community as much as you will when you visit. Life on Lundy is calling, don't wait to explore the last move-in-ready homes.

Listing Agent

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 10/24/2025

Compass -- Raleigh

Co-Listing Agent

Laura Guld

Compass -- Raleigh License #316294

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $948

Year Built

  • Built in 2025 | New Construction

Lot Details

  • No Units Located Below
  • No Unit Above or Below
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,375 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Laundry on upper level
  • Electric Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad
  • On-Street Parking
  • 2 Open Parking Spaces

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Farmington Woods Elementary School
  • Martin Middle School
  • Athens Dr High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0783373845

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, road maintenance, storm water maintenance
  • Towne Properties Raleigh Association, Phone Number (919) 878-8787
  • Built by Concept 8 LLC
  • Wrenwood Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$948

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Builder Name: Concept 8 LLC
  • Year Built: 2025
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Wrenwood
  • Above Grade Finished Sq Ft: 2375.0
  • Architectural Style: Craftsman, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-12-01
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Architectural Style Craftsman: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • Laundry Features In Hall: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 210.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 2375.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Stories2: 3
  • General Property Information Builder Name: Concept 8 LLC
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: 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
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: 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
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, On Street, Parking Pad
  • Total Parking Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Parking Pad: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne Properties Raleigh
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties Raleigh
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 210.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Martin

Lot Info

  • Lot Dimensions: 0
  • Parcel #: 0783373845

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Farmington Woods

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 $948 $108,750 $108,750 --
2024 $944 $108,750 $108,750 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 Price Changed $3,595,000 +567.0% $216 / Sq Ft
10/24/2025 10/24/25 For Sale $539,000 -85.2% $227 / Sq Ft
10/09/2025 10/09/25 Price Changed $3,640,000 -13.3% $219 / Sq Ft
08/12/2025 08/12/25 For Sale $4,200,000 -- $253 / Sq Ft
Source: Doorify MLS

About the Listing Agent

Johnny Chappell

Compass -- Raleigh

(984) 464-7912

Section Image

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

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Source: Doorify MLS

MLS Number: 10129664

Doorify MLS

APN: 0783.06-37-3845-000