Experience elevated urban living in this stunning two-story penthouse condo at 320 W. Martin St., where modern luxury and downtown convenience come together seamlessly. Completely updated, this residence impresses with high-end finishes—including striking herringbone LVP floors and a decorative fireplace with a Parisian-inspired finish that sets a sophisticated tone. The gourmet kitchen is a true showpiece with a Moroccan tile backsplash, quartz countertops, and stainless steel appliances—perfect for both everyday cooking and entertaining. Sunlight pours through large windows on both sides of the home, showcasing incredible skyline views and creating an inviting, airy atmosphere. The thoughtful floor plan offers a bedroom and full bath on the main level for convenience, while a vaulted staircase leads to an additional private bedroom and bath upstairs—ideal for guests. A rare downtown luxury, this penthouse also includes a one-car garage and a spacious storage unit on the first floor. Situated in one of Raleigh's most vibrant pockets, you'll enjoy instant access to top dining and entertainment like La Terrazza, Barcelona Wine Bar, Oak Steakhouse, O-Ku, and Weaver Street Market, among many others. Whether you're seeking an elegant urban retreat or an excellent AirBnB investment, this exceptional property delivers. Don't miss your chance to experience its charm and sophistication—schedule your tour today!
For sale
Price cut: $4.9K (12/17)
$435,000
320 W Martin St APT 205, Raleigh, NC 27601
2beds
1,104sqft
Est.:
Condominium, Residential
Built in 1997
-- sqft lot
$429,900 Zestimate®
$394/sqft
$374/mo HOA
What's special
High-end finishesGourmet kitchenStriking herringbone lvp floorsOne-car garageIncredible skyline viewsMoroccan tile backsplashQuartz countertops
- 53 days |
- 850 |
- 56 |
Zillow last checked: 8 hours ago
Listing updated: December 17, 2025 at 07:49am
Listed by:
Marshall Rich 919-697-5320,
Rich Realty Group,
Ryan Daniel Sabatini 408-623-7640,
Rich Realty Group
Source: Doorify MLS,MLS#: 10133338
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Electric Range, Microwave, Range, Range Hood, Stainless Steel Appliance(s)
- Laundry: Laundry Closet, Main Level
Features
- Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Quartz Counters, Recessed Lighting, Separate Shower, Smooth Ceilings, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,104
- Total interior livable area: 1,104 sqft
- Finished area above ground: 1,104
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Garage Door Opener, Garage Faces Rear, Off Street
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Has view: Yes
Details
- Additional structures: Garage(s)
- Parcel number: 1703583092
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional, Transitional
- Property subtype: Condominium, Residential
Materials
- Brick
- Foundation: Slab
- Roof: Flat
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Martin Place Condos
HOA
- Has HOA: Yes
- Amenities included: Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking
- Services included: Maintenance Grounds, Maintenance Structure, Sewer, Water
- HOA fee: $374 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $372,304
- Annual tax amount: $3,520
- Date on market: 11/15/2025
Estimated market value
$429,900
$408,000 - $451,000
$2,202/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Price change | $435,000-1.1%$394/sqft |
Source:  Doorify MLS #10133338 Report a problem | ||
| 11/25/2025 | Pending sale | $439,900$398/sqft |
Source: Doorify MLS #10133338 Report a problem | ||
| 11/15/2025 | Listed for sale | $439,900-2%$398/sqft |
Source: Doorify MLS #10133338 Report a problem | ||
| 10/1/2025 | Listing removed | $449,000$407/sqft |
Source: Doorify MLS #10105445 Report a problem | ||
| 7/15/2025 | Price change | $449,000-1.3%$407/sqft |
Source: Doorify MLS #10105445 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,520 +0.4% | $372,304 |
| 2024 | $3,507 -16.2% | $372,304 +4.5% |
| 2023 | $4,184 +7.1% | $356,331 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,847/mo
Principal & interest
$2074
HOA Fees
$374
Other costs
$399
Climate risks
Neighborhood: Central
Nearby schools
GreatSchools rating
- 5/10Wiley ElementaryGrades: PK-5Distance: 0.6 mi
- 6/10Oberlin Middle SchoolGrades: 6-8Distance: 2.7 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Wake - Wiley
- 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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