Sales comparison approach using similar new construction luxury condos in Raleigh. Adjusted for size, location, and amenities. Limited rental data for income approach.
All-Brick Luxury Townhome-Style Condo with Private Elevator
This residence announces itself with all-brick construction and a corner-lot presence that faces open green space—an uncommon combination for new-construction condos in Raleigh. Spread across four thoughtfully stacked levels, the townhome-style unit delivers 2,780 square feet of living area, a private elevator that serves every floor, and a rooftop terrace positioned to capture sweeping city views. Practical details—like a 2-car attached garage and membrane roof—are married to elevated design moves: 10-foot ceilings on the main level, 9-foot ceilings throughout, and generously proportioned windows that open sightlines across living spaces.
On the main living level you'll find volumes and an orientation that favor both daily life and entertaining. Upstairs, three bedrooms and 3.5 baths are arranged to provide privacy and flexibility for family, guests or a work-from-home suite. The rooftop terrace is the crown, offering an outdoor room with panorama—perfect for casual evenings or curated gatherings. Throughout the home mechanicals are modern and complete: central heating and cooling, public water and sewer, and durable all-brick construction for low exterior maintenance.
Set in Raleigh’s Oberlin Preserve, this property sits within easy reach of Cameron Village (0.5 miles), Pullen Park (1.0 mile) and the cultural anchor of Raleigh Little Theatre (0.8 miles). North Carolina State University is just over a mile away, making the location attractive to professionals, faculty and families seeking city access without the downtown congestion. With a Walkability Rating estimated at 75/100, routine errands and dining options are readily accessible on foot or by a short drive.
Listed at $1,520,000 (approximately $547 per square foot) and slated for completion in 2027, the home represents a high-end condo opportunity in a limited-inventory segment. A monthly HOA fee of $1,000 covers maintenance and management services, streamlining ownership in a luxury new build. For buyers seeking a low-maintenance, vertically arranged home with private elevator access and a true rooftop vantage in one of Raleigh’s most established neighborhoods, 1319 Chester Road delivers both presence and practicality.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Same year built
- 1,295 SF smaller
- 1 fewer bedroom
- 1.5 fewer bathrooms
- 80 years older
A 2027 townhome style condo.
Building
Site & utilities
Oberlin Preserve
Researched nearby locations
Location
1319 Chester Rd, Raleigh, NC 27608
Oberlin Preserve blends mature, tree-lined streets with close-in urban convenience. Residents enjoy quick access to Cameron Village’s shops and restaurants, cultural programming at Raleigh Little Theatre, green space at Pullen Park, and the academic energy of NC State. The neighborhood’s walkable corridors, steady demand and strong local schools create a city-adjacent lifestyle that balances quiet residential character with immediate access to Raleigh’s best amenities.
Very good recreational access with Pullen Park and Cameron Village less than a mile away, neighborhood green space adjacent to the property, and easy access to cultural venues and campus greenways.
A factual market snapshot around 1319 Chester Rd.
The local market currently favors sellers, particularly for new-construction luxury condos in central Raleigh. Inventory sits at roughly 2.5 months—below balanced-market levels—and average days on market for the corridor is about 45 days. Recent comps support premium pricing: a near-identical sale at 1325 Chester Rd closed at $1,520,000 (~$547/sqft), while a smaller renovated duplex nearby achieved a higher $/sqft reflecting scarcity for turnkey luxury product. One-year appreciation is modestly positive (about 5%), and five-year appreciation sits near 25%, indicating steady longer-term growth. Luxury condos in this pocket benefit from limited supply, close-in walkability, and proximity to anchors like Cameron Village and NC State, which sustain buyer demand.
Buyers should be aware of the $1,000/month HOA fee—common for amenities, management and exterior upkeep in upscale condo developments—and consider it in total cost planning. For sellers or investors, the combination of constrained inventory and strong neighborhood fundamentals suggests continued price stability. Timing-wise, purchasing ahead of 2027 completion can secure favorable comparables and customization opportunities, but verify construction timelines, HOA bylaws and final specs before committing.
Recorded zoning information.
Zoning
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- Listed at $1,520,000 ($547 per square foot)
- 3 bedrooms, 3.5 bathrooms, 2,780 square feet
- Completion expected in 2027
- Monthly HOA fee of $1,000
- Adjacent to open green space enhancing privacy
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm construction timeline and completion date
- Review HOA bylaws and fee structure
- Verify zoning and land use regulations
- Assess market conditions closer to completion date
What stands out about this property.
Interior Features
- 3 bedrooms, 3.5 bathrooms
- 2,780 square feet across four stories
- Private elevator serving all levels
- 10-foot ceilings on main level; 9-foot ceilings throughout
- Generously proportioned windows
- Central heating and air
Exterior & Lot
- All-brick construction
- Corner lot adjacent to open green space
- Rooftop terrace with panoramic city views
- 2-car attached garage
- Membrane roof
- Access via Chester Rd
Location & Neighborhood
- Oberlin Preserve neighborhood
- 0.5 miles to Cameron Village Shopping Center
- 1.2 miles to North Carolina State University
- 0.8 miles to Raleigh Little Theatre
- 1.0 mile to Pullen Park
- Wake County Public School System
Walkability & Recreation
- Walkability Rating: 75/100 — Some errands on foot
- Nearby parks: Pullen Park (1.0 mi)
- Cameron Village shopping and dining (0.5 mi)
- Neighborhood green space adjacent to property
- Easy access to cultural venues and university campus
- Community recreation and walking routes nearby
Sources & research confidence.
See where the property research came from and how confidence varies by field.