New ListingFINAL 3 UNITS AVAILABLE! The Flats at Quarry Hill is an exclusive boutique development featuring four modern townhome-style condominiums engineered for elevated city living and optimized investor return. Located at the strategic intersection of Martin Luther King Jr. Boulevard and State Street, these residences sit directly in the path of Downtown Raleigh's prime growth corridor. Each multi-level residence features 1,849 heated square feet across four levels, including attached garaged space, private rooftop terrace, and low-maintenance luxury construction designed to maximize long-term valuation and rental returns. Short-Term Rental (STR) Permitted: Flexible rental policy positioned to capture Raleigh's booming short-term stay market. High-Demand Tenant Pool: Ideal proximity for NC State visitors, business travelers, medical professionals, and weekend tourists. Low Maintenance Exterior: Condominium ownership structure with modern, durable construction ensuring lower long-term maintenance costs. Exclusive Supply: Limited availability of only 4 total residences creates immediate scarcity and strong rental power. Listing Contacts
| MLS # | 10196250 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | The Flats at Quarry Hill |
| HOA Dues | $262 |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 1 |
| Listing Provided By | Compass -- Raleigh | Prabha Shankaran |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,849 |
| Garage | 1 |
| Story(s) | 4 |
| Acreage | 0.19 |
| Interior Features | Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Recessed Lighting, Walk-In Closet(s), Walk-In Shower |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Laundry Features | In Unit, Laundry Closet |
| Rooms Total | 6 |
| Roof | Shingle |
|---|---|
| Foundation Details | Slab |
| Community Features | None |
| Construction Materials | Lap Siding, Vinyl Siding |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Community Features | None |
|---|
| Sewer | Public Sewer |
|---|
| Tax Assessed Value | 161500 |
|---|---|
| Tax Legal Description | LO255 WATSON LD |
| Tax Year | 2026 |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27601 |
| Area | Wake |
| Community Name | To Be Added |
| School District | Wake - William G Enloe High |
| Elementary School | Wake - Hunter Elementary |
| High School | Wake - William G Enloe High |
| Listing VS Median (in To Be Added) | |
Price: $599,999 low | high Med: $574,950 sqft: 1,849 low | high Med: 2,291 $ / sqft: $324 low | high Med: $263 On site: 1 low | high Med: 8.5 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27601 |
| Area | Wake |
| Community Name | To Be Added |
| School District | Wake - William G Enloe High |
| Elementary School | Wake - Hunter Elementary |
| High School | Wake - William G Enloe High |
| Listing VS Median (in To Be Added) | |
Price: $599,999 low | high Med: $574,950 sqft: 1,849 low | high Med: 2,291 $ / sqft: $324 low | high Med: $263 On site: 1 low | high Med: 8.5 | |