5045 Lundy Dr - Multi-Family FOR SALE


Raleigh, NC 27606- Southwest Raleigh
$4,200,000 USD
919-909-0004
5045 Lundy Dr, Raleigh, NC for Sale
$4,200,000 USD
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

5045 Lundy Dr
Raleigh, NC 27606
Southwest Raleigh


OVERVIEW

*18 units sold, this listing is for the remaining 8 homes* 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. 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 3-4 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 thirdl evel 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 Fairgrounds 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! *All homes are complete. Floor plans are 3-4 bedrooms and can be modified to meet buyer's needs*

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

8

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wrenwood - 8 new townhome style units

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

R-6

APN/PARCEL ID

0783.06-37-3845-000

ASK ABOUT THIS PROPERTY

Johnny ChappellCompassMore Info
919-909-0004

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Johnny ChappellCompassMore Info
919-909-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.