$579,000
NEW CONSTRUCTION $26K PRICE DROP

5049 Lundy Dr Unit 101 Raleigh, NC 27606

Estimated payment $3,506/month

Total Views 666,267
3 Beds
3.5 Baths
2,375 Sq Ft
$244 Price per Sq Ft

Highlights

  • New Construction
  • Craftsman Architecture
  • Finished Attic
  • Farmington Woods Elementary Rated A
  • Wood Flooring
  • Bonus Room

About This Home

Welcome to Wrenwood—where modern, metro vibes meet a serene, lakeside mentality. Step into seamless Oak City living. Phase one? Sold out. Phase two? Move-in-ready with fresh floor plans boasting over 2,400 SQ FT across three sunlit levels. And for a limited time, select plans come with $25,000 in buyer incentives—score big while it lasts!

Tucked near the Lenovo Center, Lake Johnson, and just minutes from Downtown Raleigh and NCSU, Wrenwood puts you right where the action is. This community features 26 move-in-ready homes in 13 duet-style builds—offering the space of a 3 BR, 3.5 BA single-family home with none of the maintenance hassles.

The open-concept main level is built for real life—think a spacious family room, sleek chef's kitchen, and formal dining, all with curated, modern finishes. Private suites keep things chill, while outdoor patios and shared spaces are made for hosting. Need extra room? The finished third level flexes with you—home office, guest suite, media room, gym—whatever fits your vibe, your designer loft is ready to handle the heavy lifting.

Living at Wrenwood means you're steps from Harris Teeter and local eats, with the NC State Fairground and the North Carolina Museum of Art less than two miles away. Ready to level up your lifestyle? Life on Lundy is calling, but who knows for how long? Don't get left behind!

Listing Agent

Johnny Chappell

Compass -- Raleigh License #267248

Compass -- Raleigh

Co-Listing Agent

Laura Guld

Compass -- Raleigh License #316294

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $763

Year Built

  • Built in 2024 | New Construction

Lot Details

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

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Pad
  • On-Street Parking
  • 1 Open Parking Space

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
  • Finished Attic

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
  • 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

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 0783373819

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, A1 Alt Floorplan

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$763

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$210 per month

Parking

1

Listing Details

  • Builder Name: Concept 8 LLC
  • Builder Model: A1 ALT
  • Year Built: 2024
  • 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 Mls Id: 75688
  • 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: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Condominium
  • 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
  • Common Walls End Unit: Yes
  • 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
  • Special Features: 4098
  • Property Sub Type: Condos
  • 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
  • Total Bedrooms: 7
  • 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
  • Attic Features:Finished2: Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Common Walls: 1 Common Wall, End Unit, 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
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • 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:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

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
  • 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 #: 0783373819

Green Features

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

Tax Info

  • Tax Year: 2024

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
2023 $763 $70,000 $70,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Price Changed $579,000 -4.3% $244 / Sq Ft
04/26/2024 04/26/24 For Sale $605,000 -- $255 / Sq Ft
Source: Doorify MLS

About the Listing Agent

Johnny Chappell

Compass -- Raleigh

(984) 314-1371

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

Johnny's Other Listings

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    $525,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 2,375 Sq Ft
    • 5057 Lundy Dr
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    • Raleigh, NC

    Welcome to Wrenwood—where modern, metro vibes meet a serene, lakeside mentality. Step into seamless Oak City living. Phase one? Sold out. Phase two? Move-in-ready with fresh floor plans boasting over 2,400 SQ FT across three sunlit levels. And for a limited time, select plans come with $25,000 in buyer incentives—score big while it lasts!Tucked near the Lenovo Center, Lake Johnson, and

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  • 5041 Lundy Dr Unit 101, Raleigh, NC 27606

    $609,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 2,375 Sq Ft
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    • Unit 101
    • Raleigh, NC

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  • 1116 Trailwood Dr, Raleigh, NC 27606

    $1,600,000 Pending

    • Land
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    • $569,395 per Acre
    • 1116 Trailwood Dr
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    Calling all townhome builders, developers and land investors! Please Note: 1116 Trailwood is being sold together with 1126 Trailwood (MLS#10072179), as a combined lot sale. The listing price reflects the total purchase price for both lots combined. Total acreage for both parcels is 2.81 acres. Nearly 3 acres of land, inside the beltline, a 4 minute drive to NC State, 2 minutes to I-40 and nestled

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  • 3413 Churchill Rd, Raleigh, NC 27607

    $2,750,000 Pending

    • 5 Beds
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    The sky’s the limit for this luxury new construction pre-sale! Nestled “inside the beltline”, 3413 Churchill boasts a one-of-a-kind opportunity for a tailor-made 5000+ sq ft home. Come alongside one of Raleigh’s finest custom builders and design the home of your dreams in one of the Triangle’s most coveted locations.

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  • 209 Urban Dr, Cary, NC 27511

    $1,650,000 Pending

    • 4 Beds
    • 3 Baths
    • 2,854 Sq Ft
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    Built by award-winning, local builder, Reward Builders located in the heart of Downtown Cary. This is a fully custom build with an inspired mid-century modern style.For comparable purposes only

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  • 409 Waldo St, Cary, NC 27511

    $1,895,000 Pending

    • 4 Beds
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    Fully custom built home by local, award winning builder Reward Builders.

    Johnny Chappell Compass -- Raleigh

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  • 324 Waldo St, Cary, NC 27511

    $1,725,000 New Construction

    • 4 Beds
    • 3.5 Baths
    • 3,609 Sq Ft
    • 324 Waldo St
    • Cary, NC

    Experience next-level luxury in this brand-new 2025-built contemporary masterpiece, a fully custom design where modern elegance meets effortless functionality. Boasting 3,609 sq. ft. of open-concept living, this home is a seamless blend of high ceilings, expansive spaces, and intentional design.Step through the striking 42'' pivot-style front door into a sun-drenched haven featuring 4

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  • 1435 Duplin Rd, Raleigh, NC 27607

    $2,125,000 Pending

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    • 1435 Duplin Rd
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    1435 Duplin redefines modern ITB luxury inside and out. As one of two single-family showcase-worthy homes underway on Duplin Road, 1435 embodies light-flooded luxury and an elevated approach to effortless Oak City living. Designed by the award-winning Nick Hammer Architecture and brought to life by local craftsmen, 1435 Duplin is more than a high-end home—it's a modern marvel offering 5

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  • 1310 Chamblee Hill Ct, Raleigh, NC 27608

    $1,055,450 Pending

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    • 2,114 Sq Ft
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    Oberlin Heights is here to overdeliver. Designed by award-winning firm The Raleigh Architecture Co. and crafted by local builders, the collection echoes quintessential Oak City charm while embracing the modern functionality of a 2024 build.Eleven townhomes offer nine curated layouts with various 2 - 4 BR, 2.5 - 3.5 BA + Flex Space*, and one-two car garage + covered parking* options across

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Source: Doorify MLS

MLS Number: 10025670

Doorify MLS

APN: 0783.06-37-3819-000