$589,000
NEW CONSTRUCTION $21K PRICE DROP

615 W Peace St Unit 301 Raleigh, NC 27605

Hillsborough Neighborhood

Estimated payment $4,158/month

Total Views 58,750
2 Beds
2 Baths
1,099 Sq Ft
$536 Price per Sq Ft

Highlights

  • New Construction
  • Contemporary Architecture
  • Quartz Countertops
  • Wiley Elementary Rated A-
  • End Unit
  • 5-minute walk to Fred Fletcher Park

About This Home

Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, most modern condos here come with $10,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view.Perched on Peace Street, 615's bold masonry and sleek mixed-metal exterior blend seamlessly with the neighborhood's charm while bringing a fresh, modern edge. Inside, industrial-inspired finishes like warm woods, gold accents, and brushed metal contrast with sun-drenched, airy interiors. It's an urban aesthetic that's as sharp as it is inviting. Suited for those who savor simple luxuries and seamless comfort. Your new home isn't just a place to live. It's a front-row seat to the best of Downtown Raleigh. Walk to your morning coffee, grab award-winning bites, sip craft brews, or shop the latest trends, all just steps from your door. And when the city lights call, three expansive rooftop lounges offer easy views and endless vibes.Every open-concept layout is designed to flex with your lifestyle, whether that's hybrid WFH days or rooftop hangs with friends. Private balconies, maintenance-free fixtures, and thoughtful design touches mean less hassle and more time to enjoy the city around you.615 Peace isn't just another address. It's a lifestyle upgrade at the heart of the action. We'll #SeeYouAt615.

Listing Agent

Johnny Chappell

Compass -- Raleigh License #267248

Compass -- Raleigh

Co-Listing Agent

Jigisha Patel

Compass -- Raleigh License #293935

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $96,777

Year Built

  • Built in 2022 | New Construction

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Modernist Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • 1,099 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Home Security

Parking

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

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Schools

  • Wiley Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1704422076

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, storm water maintenance, trash, water
  • Towne Properties Raleigh Association, Phone Number (919) 878-8787
  • 615 Peace St Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$96,777

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Storm Water Maintenance, Trash, Water
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: 615 Peace St
  • Above Grade Finished Sq Ft: 1099.0
  • Architectural Style: Contemporary, Modern, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2024
  • 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
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: Yes
  • Levels One: 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: 2023-12-01
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: No
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-878-8787
  • Common Walls End Unit: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 281.6
  • General Property Information Above Grade Finished Area: 1099.0
  • General Property Information Carport YN: No
  • RoofRubber: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Living/Dining Room Combination, Primary Downstairs, Quartz Counters, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Rubber
  • Common Walls: End Unit
  • Construction Type: Brick
  • Foundation Details: Slab
  • Accessibility Features:Accessible WasherDryer: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Assigned, Garage, On Street
  • Total Parking Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 281.6
  • 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
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 281.6
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0
  • Parcel #: 1704422076

Green Features

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

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Wiley

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
2024 $96,777 $0 $0 $0
2023 $52,563 $4,497,915 $2,257,056 $2,240,859
2022 $20,258 $1,868,290 $1,395,294 $472,996
2021 $14,190 $1,395,294 $1,395,294 $0
2020 $15,685 $1,569,768 $1,569,768 $0
2019 $11,467 $938,568 $938,568 $0
2018 $10,845 $938,568 $938,568 $0
2017 $0 $942,750 $938,568 $4,182
2016 $10,198 $942,750 $938,568 $4,182
2015 $8,787 $788,691 $784,100 $4,591
2014 $8,363 $788,691 $784,100 $4,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $589,000 -1.7% $536 / Sq Ft
03/24/2025 03/24/25 Price Changed $599,000 -1.8% $545 / Sq Ft
03/14/2025 03/14/25 For Sale $609,900 -- $555 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $651,500 Keystone Title
Warranty Deed $476,000 Allied Title Group Llc
Warranty Deed $471,000 Allied Title Group Llc
Warranty Deed $461,000 Allied Title Group Llc
Warranty Deed $506,000 Allied Title Group Llc
Warranty Deed $380,500 Allied Title Group Llc
Warranty Deed $474,500 Allied Title Group Llc
Warranty Deed $643,000 Allied Title Group Llc
Warranty Deed $304,000 Allied Title Group Llc
Warranty Deed $300,500 Allied Title Group Llc
Warranty Deed $442,000 Allied Title Group Llc
Deed -- None Available
Deed -- None Available
Special Warranty Deed $1,650,000 None Available
Quit Claim Deed $4,000 None Available
Special Warranty Deed $1,000,000 None Available
Warranty Deed $920,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Closed $300,000 New Conventional
Closed $353,250 New Conventional
Closed $379,425 New Conventional
Closed $504,000 New Conventional
Closed $320,370 New Conventional
Closed $323,000 New Conventional
Previous Owner $397,600 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

About the Listing Agent

Johnny Chappell

Compass -- Raleigh

(984) 341-2729

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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    • 2 Beds
    • 2 Baths
    • 974 Sq Ft
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    Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, your modern condo comes with $20,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view. Perched on Peace Street, 615's bold masonry and sleek mixed-metal exterior blend seamlessly with the

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  • 615 W Peace St Unit 201, Raleigh, NC 27605

    $549,000 New Construction

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    • 2 Baths
    • 1,099 Sq Ft
    • 615 W Peace St
    • Unit 201
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    Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, most modern condos here come with $10,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view.Perched on Peace Street, 615's bold masonry and sleek mixed-metal exterior blend seamlessly with the

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  • 615 W Peace St Unit 406, Raleigh, NC 27605

    $625,000 Open Fri 3PM - 5PM

    • 2 Beds
    • 3 Baths
    • 1,239 Sq Ft
    • 615 W Peace St
    • Unit 406
    • Raleigh, NC

    Prioritize your proximity at 615 Peace, where modern, maintenance-free living meets the vibrancy of DTR's Glenwood South. Plus, most modern condos here come with $10,000 in covered closing costs, because moving to one of Raleigh's hottest spots should be as smooth as your new skyline view. (And as seamless as your new DTR commute, thanks to the INCLUDED PARKING!)Perched on Peace Street, 615's

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  • 1310 Chamblee Hill Ct, Raleigh, NC 27608

    $1,055,450 Pending

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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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  • 202 Duncan St, Raleigh, NC 27608

    $1,150,000 Pending

    • 3 Beds
    • 2.5 Baths
    • 2,612 Sq Ft
    • 202 Duncan St
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    Welcome to 202 Duncan St, a timeless, 3-bed, 2.5-bath farmhouse in the heart of Five Points, where all 2,612 sq. ft., of charm and character wrap around you like an old friend. The wide front porch is the perfect place to slow down, kick back with a book, wave to neighbors, and let the crickets sing while the world spins on without you.Oak and pine floors creak in all the right ways,

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  • 1406 Lyon St Unit 101, Raleigh, NC 27608

    $1,575,000 New Construction

    • 5 Beds
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    • 1406 Lyon St
    • Unit 101
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    1406 Lyon #101 elevates ITB elegance to a whole new level—and not just because of the private elevator! Meet the newly move-in-ready final build of the boutique LYON collection, created by award-winning Nick Hammer Architecture and brought to life by local artisans.A masterclass in accessible modern design, 1406 Lyon #101 merges the cutting-edge elements of a luxury 2024 build with the

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  • 2 Seawell Ave Unit 101, Raleigh, NC 27601

    $569,000 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,363 Sq Ft
    • 2 Seawell Ave
    • Unit 101
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    Come home to curated Downtown Raleigh living with all the cutting-edge trimmings of a 2024 build. Next stop? Next-level Oak City living at move-in-ready City Pointe Townhomes. Here, 20 turnkey townhomes offer four distinct takes on unparalleled urban living in one cohesive designer collection. Functional facets like one-car garages, extra flex space, open-concept main-level layouts and

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  • 10 Seawell Ave Unit 105, Raleigh, NC 27601

    $585,000 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,363 Sq Ft
    • 10 Seawell Ave
    • Unit 105
    • Raleigh, NC

    Come home to curated Downtown Raleigh living with all the cutting-edge trimmings of a 2024 build. Next stop? Next-level Oak City living at move-in-ready City Pointe Townhomes. Here, 20 turnkey townhomes offer four distinct takes on unparalleled urban living in one cohesive designer collection. Functional facets like one-car garages, extra flex space, open-concept main-level layouts and

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  • 10 Seawell Ave Unit 102, Raleigh, NC 27601

    $539,000 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,372 Sq Ft
    • 10 Seawell Ave
    • Unit 102
    • Raleigh, NC

    Come home to curated Downtown Raleigh living with all the cutting-edge trimmings of a 2024 build. Next stop? Next-level Oak City living at move-in-ready City Pointe Townhomes. Here, 20 turnkey townhomes offer four distinct takes on unparalleled urban living in one cohesive designer collection. Functional facets like one-car garages, extra flex space, open-concept main-level layouts and

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Source: Doorify MLS

MLS Number: 10082311

Doorify MLS

APN: 1704.18-42-2076-000