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Active
$5,650,000 Est. $39,121/mo — Get pre-qualified
42beds 52.5baths 28,224sq ft

3712 Mineral Mill · Raleigh, NC 27616

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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.

Features & Amenities

Living Area28,224 Sq.Ft.
Bedrooms42
Baths52.5
HeatingCentral, Forced Air
CoolingCentral Air
FlooringCarpet, Luxury Vinyl, Tile
FireplaceNo
AppliancesDishwasher, Free-Standing Range, Microwave, Plumbed For Ice Maker, Water Heater
Interior FeaturesBathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Kitchen/Dining Room Combination, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
LaundryElectric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
Virtual TourOpen Virtual Tour
Exterior FeaturesRain Gutters
StyleContemporary
Year Built2026
ConstructionFiber Cement
RoofMetal, Shingle
FoundationSlab
ParkingAttached, Garage Faces Front, Kitchen Level
StatusActive
Lot FeaturesLandscaped
SubdivisionMitchell Mill
CountyWake
Property TypeResidential Income
Property SubTypeTownhouse
Last UpdatedOct 2, 2026
UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
HOAYes — $190 / month
Community FeaturesSidewalks, Street Lights
ElementaryWake - Harris Creek Elementary Elementary School
MiddleWake - Rolesville Middle School Middle School
HighWake - Rolesville High School High School
Presented By: Compass -- Raleigh; 919.726.6548; transactions.northcarolina@compass.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 2, 2026 Price Reduced $5,700,000 → $5,650,000 ▾ $50,000 (0.9%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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