NEW CONSTRUCTION
$560K PRICE DROP
5045 Lundy Dr Unit 101 Raleigh, NC 27606
Estimated payment $19,379/month
Total Views
17,912
21
Beds
28
Baths
16,625
Sq Ft
$219
Price per Sq Ft
Highlights
- New Construction
- Transitional Architecture
- High Ceiling
- Farmington Woods Elementary Rated A
- Wood Flooring
- Quartz Countertops
About This Home
*19 units sold, this listing is for the remaining 7 homes, all completed in 2025* Wrenwood is where metro energy meets lakeside ease, and where Raleigh living hits its stride. 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.
*All homes are complete. Floor plans are 3-4 bedrooms and can be modified to meet buyer's needs*
Property Details
Home Type
- Condominium
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
- Transitional Architecture
- Entry on the 1st floor
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 16,625 Sq Ft Home
- 3-Story Property
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Entrance Foyer
- 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
- 21 Bedrooms
- Walk-In Closet
- Double Vanity
- Private Water Closet
- Bathtub with Shower
- Shower Only
- Walk-in Shower
Laundry
- Laundry in Hall
- Laundry on upper level
- Washer and Electric Dryer Hookup
Home Security
Parking
- 14 Car Garage
- Parking Pad
- On-Street Parking
- 14 Open Parking Spaces
Eco-Friendly Details
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
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 see tax records
Community Details
Overview
- Association fees include insurance, ground maintenance
- 5 Buildings
- 7 Units
- Wrenwood Condominium / Towne Propeties Association, Phone Number (919) 878-8787
- Wrenwood Subdivision
Security
- Fire and Smoke Detector
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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
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
Source: Doorify MLS
MLS Number: 10115231
APN: 0783.06-37-3845-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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