New Listing
$599,999
 $3,221 est/mo Sourced by Back At You

803 Martin Luther King Junior Boulevard,Raleigh, NC 27601

Raleigh, NC 27601

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Description

FINAL 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

Details

MLS #10196250
Listing TypeFor Sale
StyleCondominium
Building NameThe Flats at Quarry Hill
HOA Dues$262
Sub-TypeNew Construction
StatusActive
Year2026
Days On Site1
Listing Provided ByCompass -- Raleigh | Prabha Shankaran

Features

Bed(s)3
Bath(s) 4 Total
SQ Feet1,849
Garage1
Story(s)4
Acreage0.19

Interior

Interior FeaturesCeiling 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 / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Fireplace Yes / NoNo
Laundry FeaturesIn Unit, Laundry Closet
Rooms Total6

Exterior

RoofShingle
Foundation DetailsSlab
Community FeaturesNone
Construction MaterialsLap Siding, Vinyl Siding

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes

Location

Community FeaturesNone

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value161500
Tax Legal DescriptionLO255 WATSON LD
Tax Year2026

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27601
AreaWake
Community NameTo Be Added
School DistrictWake - William G Enloe High
Elementary SchoolWake - Hunter Elementary
High SchoolWake - William G Enloe High
Listing VS Median (in To Be Added)
Price:
$599,999
low | high
Med:
$574,950
54.174923624873% of Average
sqft:
1,849
low | high
Med:
2,291
26.095186587345% of Average
$ / sqft:
$324
low | high
Med:
$263
68.997231533988% of Average
On site:
1
low | high
Med:
8.5
11.764705882353% of Average
Sourced by Back At You

Market Activity 27601

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27601
AreaWake
Community NameTo Be Added
School DistrictWake - William G Enloe High
Elementary SchoolWake - Hunter Elementary
High SchoolWake - William G Enloe High
Listing VS Median (in To Be Added)
Price:
$599,999
low | high
Med:
$574,950
54.174923624873% of Average
sqft:
1,849
low | high
Med:
2,291
26.095186587345% of Average
$ / sqft:
$324
low | high
Med:
$263
68.997231533988% of Average
On site:
1
low | high
Med:
8.5
11.764705882353% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $449K - $749K
sqft: 1,000 - 2,000
Listing Updated: October 2, 2026 at 11:52:31 AM PDT