1523 Urban Trace Lane offers the perfect balance of modern luxury and everyday ease in Raleigh's highly desirable Five Points neighborhood. Thoughtfully designed for those who want to simplify without compromising on style, this townhome truly delivers. Step inside to a light-filled, open floor plan anchored by a chef's kitchen outfitted with a WOLF gas range, Thermador refrigerator, microwave, and dishwasher—ideal for both effortless daily living and elegant entertaining. The private elevator ensures easy access to every level, while the flexible third bedroom provides options for a home office, guest suite, or creative retreat. The primary suite, conveniently located off the main floor, features a spacious en suite designed for comfort.Seamless indoor-outdoor living awaits with a back porch featuring electric screens, perfect for quiet mornings, evening relaxation, or casual gatherings. Upstairs, the showstopping rooftop terrace sets the stage for unforgettable entertaining with a built-in fire pit, outdoor wet bar and fridge, covered TV lounge, and plenty of room to dine or unwind beneath the stars. Practical perks—like a one-car garage with electric car outlet and HOA-maintained exterior and landscaping—free up your time so you can enjoy Raleigh's vibrant dining scene, local coffee shops, and craft breweries just minutes from your door. Whether you're looking to downsize, embrace low-maintenance living, or move closer to the city's heartbeat, this home offers a lifestyle that's both effortless and elevated.
New construction
Price cut: $500 (11/6)
$1,117,000
1523 Urban Trace Ln, Raleigh, NC 27608
3beds
2,042sqft
Est.:
Townhouse, Residential
Built in 2025
1,742.4 Square Feet Lot
$1,105,400 Zestimate®
$547/sqft
$275/mo HOA
What's special
Private elevatorRooftop terraceCovered tv loungeFlexible third bedroomElectric screensWolf gas rangeThermador refrigerator
- 96 days |
- 58 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: November 17, 2025 at 02:37am
Listed by:
Allison Caudle 919-395-6186,
Southern Lux Living
Source: Doorify MLS,MLS#: 10122768
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Gas Pack, Heat Pump, Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Dual, ENERGY STAR Qualified Equipment
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Free-Standing Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
- Laundry: Laundry Room
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Shower Only, Smart Thermostat, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Wet Bar
- Flooring: Ceramic Tile, Hardwood, Vinyl, Simulated Wood
- Number of fireplaces: 1
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
- Finished area above ground: 2,042
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, Open
- Attached garage spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
- Exterior features: Rain Gutters, Storage
- Has view: Yes
Lot
- Size: 1,742.4 Square Feet
Details
- Parcel number: 1704777298
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Modern, Transitional
- Property subtype: Townhouse, Residential
- Attached to another structure: Yes
Materials
- Brick, Engineered Wood, HardiPlank Type
- Foundation: Slab
- Roof: Shingle, Composition, Metal, Rubber, Wood
Condition
- New construction: Yes
- Year built: 2025
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Urban Place at Five Points
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Maintenance, Maintenance Grounds, Maintenance Structure, Parking
- Services included: Maintenance Grounds, Maintenance Structure
- HOA fee: $275 monthly
- Additional fee info: Second HOA Fee $1000 One Time
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $547/sqft
- Tax assessed value: $233,600
- Annual tax amount: $2,037
- Date on market: 9/19/2025
Estimated market value
$1,105,400
$1.05M - $1.16M
$2,954/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Price change | $1,117,0000%$547/sqft |
Source:  Doorify MLS #10122768 Report a problem | ||
| 9/19/2025 | Listed for sale | $1,117,500$547/sqft |
Source: Doorify MLS #10122768 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,037 +17.3% | $233,600 +16.8% |
| 2024 | $1,737 | $200,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,797/mo
Principal & interest
$5526
Property taxes
$605
Other costs
$666
Climate risks
Neighborhood: Five Points
Nearby schools
GreatSchools rating
- 9/10Underwood ElementaryGrades: K-5Distance: 0.5 mi
- 6/10Oberlin Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Wake - Joyner
- Middle: Wake - Oberlin
- High: Wake - Broughton
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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