Share This Listing

Message

925 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

5045 Lundy Dr - Wrenwood - 7 new townhome style units 7 Unit Apartment Building Offered at $4,970,088 CAD Raleigh, NC 27606

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • New construction, luxury townhome-stye condos
  • Built by local contractor with warranties in place
  • Rents at $3200/mo (ask about number of leased units)
  • Up to 7 units available, 19 have sold
  • Excellent market rate or student rental properties

EXECUTIVE SUMMARY

*19 units sold, this listing is for the remaining 7 homes, all completed in 2025* 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*

PROPERTY FACTS

Price $4,970,088 CAD
Price Per Unit $710,013 CAD
Sale Type Investment
No. Units 7
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Townhome
Building Class B
Lot Size 0.60 AC
Building Size 24,800 SF
No. Stories 3
Year Built 2025
Opportunity Zone Yes
Zoning R-6 - Residential

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+3.5 8 - 2,375

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0783.06-37-3845-000
Land Assessment
$153,446 CAD
Improvements Assessment
$0 CAD
Total Assessment
$153,446 CAD
  • Listing ID: 36712202

  • Date on Market: 2025-07-12

  • Last Updated:

  • Address: 5045 Lundy Dr, Raleigh, NC 27606

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}