3 Bed 3.5 Bath Townhome for Sale in Old Mill Village, Apex | $499,500

CompCasa valuation analysis

Estimated market value

$500,000

Low $485,000 · Midpoint $500,000 · High $515,000

Confidence85%Sales comparison approach

Last recorded sale$499,500Mar 6, 2026

Assessed value$100,0002025 assessment

CompCasa estimate$500,000Mar 7, 2026

Estimate vs. last recorded sale+$500 / +0.1%

$485,000$500,000 midpoint$515,000

Price / sq ft$189

Median sale price$450,000

Avg days on market30 days

Inventory2.5 months

Sales comparison approach using recent townhome sales in Old Mill Village. Adjusted for new construction premium and community amenities.

About the property

New 3-Story Craftsman Townhome Minutes from Downtown Apex

This three-story craftsman townhome at 2282 Apex Peakway places daily life within an easy stroll of Downtown Apex while delivering modern, low-maintenance living across 2,645 square feet. Built in 2026 by Chamberlain Homes, the home opens to an airy main level thoughtfully laid out for everyday use and entertaining — high ceilings, an open plan and luxury vinyl plank flooring create a cohesive, contemporary backdrop. Quartz countertops and clean finishes keep the palette fresh and move-in ready.

Upstairs, three bedrooms and 3.5 bathrooms give families and roommates private, comfortable quarters without sacrificing style. The new-construction quality shows in each detail: fiber cement exterior, central HVAC, forced-air heating, and a two-car attached garage that adds real convenience in this active community. With a compact 0.04-acre lot, the property is ideal for buyers seeking minimal exterior upkeep and more time to enjoy community amenities.

Old Mill Village brings lifestyle advantages usually reserved for larger developments — a clubhouse, fitness center and community pool are on-site, and Beaver Creek Commons is just over a mile away for shopping and dining. For weekend plans, Apex Community Park sits about two miles from your door and Downtown Apex is only 0.5 miles, offering a mix of locally owned restaurants, boutiques and seasonal events that define Apex's small-town-within-the-metro appeal.

Priced at $499,500 (approximately $189 per square foot) and supported by three near-identical recent sales in the same community, this residence represents a competitively priced new-construction alternative to single-family maintenance. Note the HOA covers community amenities and currently assesses $607 quarterly; annual property taxes were $873 (2025 assessment). The three-story layout and compact lot are excellent for buyers prioritizing location, finishes and community infrastructure over extensive private yard space.

Whether you’re seeking a low-upkeep primary residence with immediate access to Downtown Apex or an investment with strong rental demand in a high-growth MSA, 2282 Apex Peakway combines contemporary build quality, smart neighborhood placement and proven market performance in a single package.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$499,500

Property address2284 Apex Peakway, Apex, NC 27502

3 bed3.5 bath2,645 sq ftBuilt 20260.01 mi1,742 sq ft lot$189/SF

Sold Mar 6, 2026

Subject difference

Same living area
Similar lot size
Same year built

Research comparison noteAdjacent unit with identical specifications.

02Sold price$495,000

Property address2288 Apex Peakway, Apex, NC 27502

3 bed3.5 bath2,645 sq ftBuilt 20260.02 mi1,742 sq ft lot$187/SF

Sold Mar 6, 2026

Subject difference

Same living area
Similar lot size
Same year built

Research comparison noteInterior unit with similar layout and features.

03Sold price$495,000

Property address2296 Apex Peakway, Apex, NC 27502

3 bed3.5 bath2,644 sq ftBuilt 20260.03 mi1,742 sq ft lot$187/SF

Sold Mar 6, 2026

Subject difference

1 SF smaller
Similar lot size
Same year built

Research comparison noteEnd unit with similar specifications.

Comp methodology: Comparable sales and rentals within the same community provide a strong basis for valuation.

Property details

A 2026 craftsman on 0.04 acres.

Building

Year built2026

ConstructionFiber Cement

RoofShingle

Heatingforced air

Coolingcentral AC

Site & utilities

Lot size0.04 acres

Garage2-car attached

Stories3

ConditionNew

BasementNone

FireplaceNo

Improvement notes3 bedrooms, 3.5 bathrooms, open floor plan, high ceilings, quartz countertops, luxury vinyl plank flooring

Lot area1,742 sq ft

TopographyLevel

FrontageStandard frontage on Apex Peakway

ParkingAttached Garage

Parking spaces2

Parking notes2-car attached garage

AccessStandard residential driveway from Apex Peakway

WaterPublic

SewerPublic

ElectricDuke Energy

GasPiedmont Natural Gas

Location & nearby

Old Mill Village

Researched nearby locations

Downtown Apex (0.5 mi)

Beaver Creek Commons (1.2 mi)

Apex Community Park (2.0 mi)

Location

2282 Apex Peakway, Apex, NC 27502

View map

View in Google Maps

Editorial neighborhood context

Old Mill Village blends modern community amenities with quick access to Downtown Apex’s shops and dining. Residents enjoy an on-site clubhouse, fitness center and pool, while nearby Beaver Creek Commons and Apex Community Park provide day-to-day conveniences and outdoor recreation. The neighborhood benefits from highly rated middle and high schools and easy commuting into the Raleigh-Cary MSA, making it appealing to families and professionals who want a walkable small-town vibe with metropolitan access.

Nearby access summary

Very good access to outdoor recreation: community pool and clubhouse on-site, Apex Community Park 2 miles away with trails and sports fields, and Downtown Apex within walking distance for weekend outings.

ElementaryApex Elementary (6/10)

Middle schoolApex Middle (10/10)

High schoolApex High (9/10)

School districtWake County Public School System

Market context

A factual market snapshot around 2282 Apex Peakway.

Median sale price$450,000

Avg days on market30 days

Inventory2.5 months

1-year appreciation5.0%

5-year appreciation25.0%

Editorial market perspective

Wake County's Apex market remains firmly in seller-favor territory with limited inventory and steady appreciation. Current local metrics show roughly 2.5 months of inventory and an average days-on-market near 30 — indicators of a tight market where well-priced, new construction townhomes sell quickly. Recent, immediate comps in Old Mill Village closed at $495,000–$499,500 on March 6, 2026, producing a neighborhood price-per-square-foot near $187–$189 and validating this home's $499,500 list price. Over the past year the area saw about 5% appreciation and roughly 25% appreciation over five years, reflecting sustained demand driven by quality schools and proximity to Raleigh-Cary employment centers.

Townhomes in this corridor perform strongly: lower-maintenance product types attract both owner-occupiers seeking convenience near Downtown Apex and investors pursuing consistent rental demand (market rent estimates around $2,400–$2,500/month and a gross yield near 6%). With strong middle and high school ratings nearby and immediate access to shops and parks, now is a compelling time to consider this property — buyers who prioritize location and new-construction finishes will find purchase leverage limited but predictable given current comps and market velocity.

Zoning & land use

Planned Unit Development - Commercial

Zoning

Zoning codePUD-C

DescriptionPlanned Unit Development - Commercial

JurisdictionTown of Apex

Assessor useTownhouse

Current useResidential

SetbacksPer PUD guidelines

Research-indicated uses

Residential
Commercial
Office

Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.

Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$100,000

Assessed improvements$0

Total assessed$100,000

Assessment year2025

Annual property tax$873

Tax year2025

Sale history

2026-03-06$499,500 · $189/SF

Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,090/mo

Property address2302 Apex Peakway, Apex, NC 27502

3 bed3 bath2,200 sq ft$0.95/SF

Leased Mar 19, 2024

Subject difference

445 SF smaller
0.5 fewer bathrooms

Research comparison noteSimilar townhome rented in 2024.

Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

Listed at $499,500 ($189/sqft) as of March 6, 2026
Assessed value of $100,000 with annual taxes of $873
Community amenities include clubhouse, fitness center, and pool
Located 0.5 miles from Downtown Apex
Served by Apex Middle School (10/10) and Apex High School (9/10)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

Confirm HOA fees and inclusions
Verify builder warranties and completion timelines
Review community covenants and restrictions
Assess potential for rental income

Highlights & features

What stands out about this property.

01New construction (2026) — move-in ready

023 bedrooms, 3.5 baths across 2,645 sq ft

03Quartz countertops and LVP flooring

042-car attached garage

05Community pool, clubhouse and fitness center

06Minutes to Downtown Apex and Beaver Creek Commons

07HOA: $607 quarterly

08Competitive pricing aligned with nearby comps

Interior Features

3 bedrooms, 3.5 bathrooms
2,645 square feet across three levels
Open floor plan with high ceilings
Quartz countertops
Luxury vinyl plank flooring
Central air conditioning and forced-air heat
New-construction condition

Exterior & Lot

2-car attached garage
Level 0.04-acre lot (1,742 sqft)
Fiber cement exterior construction
Standard frontage on Apex Peakway
Low-maintenance landscaping

Location & Neighborhood

Old Mill Village community
Community clubhouse, fitness center, and pool
0.5 miles to Downtown Apex
1.2 miles to Beaver Creek Commons shopping and dining
2.0 miles to Apex Community Park
Wake County Public School System

Walkability & Recreation

Walkability Rating: 56/100 — Some Walkable Amenities
Downtown Apex (0.5 mi) for restaurants and shops
Apex Community Park (2.0 mi) with trails and sports fields
Community pool and clubhouse for on-site recreation
Regional greenways and local pathways accessible within a short drive

Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence

Redfin listing for 2282 Apex PeakwayView source

Zillow listing for 2282 Apex PeakwayView source

Raleigh Realty listing for 2282 Apex PeakwayView source

Zillow listing for 2284 Apex PeakwayView source

Zillow listing for 2288 Apex PeakwayView source

Zillow listing for 2296 Apex PeakwayView source

Zillow listing for 2302 Apex PeakwayView source

Town of Apex zoning mapView source

Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.