Property listing for 1319 Chester Rd, Raleigh, NC 27608
For SaleCondo

$1,520,000

1319 Chester Rd, Raleigh, NC 27608

All-Brick Luxury Townhome-Style Condo with Private Elevator

3 Bed · 3.5 Bath · 2,780 Sq Ft

Rooftop terrace, 10-ft main ceilings, prime Oberlin Preserve location

3

Beds

3.5

Baths

2,780

Sq Ft

2027

Built

2-car attached

Garage

About 1319 Chester Rd

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.

Home Highlights

New construction (completion 2027)Private elevatorRooftop terrace with city viewsAll-brick exterior10-foot main level ceilings2-car attached garageMonthly HOA: $1,000 (maintenance/management)

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Lacy Elementary

Elementary

7/10

Oberlin Middle

Middle

6/10

Needham Broughton High

High

7/10

Walkability & Recreation

75
Walkability
80
Recreation

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.

Investment Highlights

  • New construction luxury condo with private elevator and rooftop terrace
  • Prime location in Raleigh's esteemed Oberlin Preserve
  • Proximity to shopping, dining, and cultural venues
  • Strong market appreciation with 25% growth over 5 years
  • High Walkability Rating of 75/100

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

Things to Consider

  • High HOA fees may impact affordability
  • Limited historical data due to new construction
  • Market conditions subject to change by 2027 completion

Opportunity Analysis

Luxury new construction condo in prime Raleigh location offers strong lifestyle appeal and investment potential.

Potential Use Scenarios

  • Ideal for primary residence seeking modern amenities and convenience
  • Potential for long-term appreciation in a growing market
  • Consideration of HOA fees in overall budget planning

Risk Factors

  • Market fluctuations affecting future value
  • Potential delays in construction timeline
  • High HOA fees impacting affordability

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1450K

Midpoint

$1500K

High

$1550K

$540/SF estimated price per square foot

80% confidence

Sales comparison approach using similar new construction luxury condos in Raleigh. Adjusted for size, location, and amenities. Limited rental data for income approach.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$700,000
Avg Days on Market45 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$85,000

Steady population growth with increasing demand for luxury residences. Walkability Rating estimate: 75/100.

Nearby Points of Interest

  • Cameron Village Shopping Center (0.5 mi)
  • North Carolina State University (1.2 mi)
  • Raleigh Little Theatre (0.8 mi)
  • Pullen Park (1.0 mi)

Proximity to shopping, dining, cultural venues, and parks enhances lifestyle appeal.

School District

DistrictWake County Public School System
ElementaryLacy Elementary (7/10)
MiddleOberlin Middle (6/10)
HighNeedham Broughton High (7/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2027
Constructionall-brick
Stories4
Roofmembrane
Heatingcentral
Coolingcentral air
Basementnone
FireplaceNo
Conditionnew

Lot & Site

Parkingattached_garage
Parking Spaces2

Utilities

Waterpublic
Sewerpublic
Electricconnected
Gasconnected

Zoning & Land Use

JurisdictionCity of Raleigh
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2026-03-05$1,520,000

$547/SF

Listed for sale

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