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42 Beds
63 Baths
28,224 sqft

$5,650,000

3712 Mineral Mill, Raleigh NC, 27616

Price per sqft$200.18
Built in2026
Property size28,224 sqft
Property typeTownhomes
Listing courtesy of Compass -- Raleigh

Overview

Active

Listed Apr 1, 2026

Updated 2 days ago

Mitchell Mill offers a rare opportunity to acquire a full 14-unit, new-construction townhome community in North Raleigh. Adjacent land may also be included for an amenity area, guest parking, or future expansion of up to four additional units. Leasing began in July, and three units are already leased through summer 2027 at $2,100, $2,195, and $2,295 per month, with additional inquiries continuing to come in. Each three-level townhome features three bedrooms, a flexible loft, open living areas, a private deck, second-floor laundry, generous storage, a spacious primary suite, and a one-car garage. Conveniently located near I-540, Mitchell Mill provides easy access to Downtown Raleigh, RTP, shopping, dining, and nearby greenways. With strong early leasing activity, new-construction quality, and expansion potential, the community presents a compelling investment opportunity.

$37,590/mo

Est. mortgage payment based on a $5,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10156846

Interior Features

Bedrooms
42
Bathrooms
63
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Association Fee Frequency
Monthly
Garage
Yes
View
Yes
New Construction
Yes
MLS provider logo

Listed by Johnny Chappell, Maggie Sparling, Compass -- Raleigh

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Data last updated 4:36 AM UTC, 10/3/2026

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