Sales comparison approach using recent townhome sales in Old Mill Village. Adjusted for new construction premium and community amenities.
New Craftsman Townhome with First-Floor Guest Suite Near Downtown
Step inside one of Old Mill Village’s newest craftsman-style townhomes and you’ll immediately notice what thoughtful new construction can deliver—space arranged for real life. This three-story home offers 2,644 square feet with four bedrooms and 3.5 baths, including a first-floor guest suite that’s ideal for visiting family, a home office, or private rental use. High ceilings and an open main level give a sense of volume uncommon in townhome living while thoughtful touches—quartz countertops and walk-in closets—keep everyday routines efficient.
The living areas are designed for adaptable use. A welcoming central stair anchors the layout across three floors; the primary suite occupies a private level with generous closet space and a modern bath. The kitchen features durable, low-maintenance surfaces and an arrangement that supports both weeknight dinners and weekend entertaining without crowding. Mechanical systems include central air and forced-air heating, and construction uses fiber cement for lasting curb appeal.
Outside, the property trades a large yard for true low-maintenance convenience. The level 0.03-acre lot fronts Apex Peakway and includes a two-car attached garage and standard residential driveway access. Residents also gain access to community amenities — pool and clubhouse — that expand living and entertaining options beyond the footprint of the home. For buyers who value location, downtown Apex sits just 0.5 mile away; Beaver Creek Commons retail is 1.2 miles, and Apex Community Park is approximately 2.5 miles for sports fields and open green space.
Listed at $499,500 (about $189/sqft), this townhome is competitively priced against recent community closings and presents a low-maintenance choice for families, professionals commuting to the Research Triangle, or investors seeking strong rental demand. With new-construction warranties likely in place from Chamberlain Homes, this property marries modern building standards and community access with the walkable convenience of downtown Apex. Contact the listing agent to review HOA documents and schedule a presale tour.
See the properties helping shape the valuation.
Comparable sales
- 756 SF smaller
- 1 fewer bedroom
- 1 fewer bathroom
- Similar lot size
- 8 years older
- Same living area
- 1 fewer bedroom
- Similar lot size
- Same year built
- Same living area
- 435 SF larger lot
- Same year built
A 2026 craftsman on 0.03 acres.
Building
Site & utilities
Old Mill Village
Researched nearby locations
Location
2292 Apex Peakway, Apex, NC 27502
Old Mill Village combines the convenience of a short walk to Downtown Apex with the quieter rhythm of a planned residential community. Residents enjoy local restaurants, boutique shops, and seasonal events in the town center, while Beaver Creek Commons provides everyday retail and services a mile away. The area is family-oriented and well served by the Wake County Public School System. With easy access to major corridors and the Research Triangle job centers, Old Mill Village offers a suburban lifestyle that’s highly walkable to downtown amenities and practical for commuters.
Very good access to parks, community pool, and downtown amenities—Apex Community Park is about 2.5 miles away, downtown Apex is 0.5 mile away, and the community clubhouse/pool adds on-site recreation.
A factual market snapshot around 2292 Apex Peakway.
Apex’s market currently favors sellers. Inventory is tight at roughly 2.5 months of supply and homes in the area average about 30 days on market—conditions that support modest price growth. The median sale price in this micro-market sits near $450,000; this property’s list price of $499,500 aligns with nearby new-construction closings that ranged from approximately $495,000 to $499,500 and a local price-per-square-foot near $189. For buyers: expect competition for well-priced, move-in-ready inventory and plan for swift decision-making. For sellers and investors: low inventory, steady appreciation (about 5% year-over-year locally) and average marketing times near one month create favorable conditions to capture price premiums.
Townhomes in Old Mill Village perform well because they offer newer construction, community amenities, and close proximity to downtown Apex and regional employers. Rental comps show achievable monthly rents in the $2,200–$2,500 range for similar units; the property’s estimated rent near $2,500 positions it as a plausible short-term investment with a gross yield around 6%. Key considerations remain HOA rules, any builder warranties, and the smaller lot size relative to single-family homes—factors buyers should verify during due diligence.
Planned Unit Development - Commercial
Zoning
Research-indicated uses
- Residential
- Commercial
- Mixed Use
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 756 SF smaller
- 1 fewer bedroom
- 1 fewer bathroom
- Same living area
- 1 fewer bedroom
What the research supports — and what is still worth verifying.
Key findings
- Listed at $499,500 ($189/sqft), aligning with market comparables
- Assessed value for 2025 is $436,942 with annual taxes of $3,834
- Located 0.5 miles from downtown Apex and 1.2 miles from Beaver Creek Commons
- Served by well-rated Wake County Public School System
- Apex market characterized by low inventory and steady appreciation
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm HOA fees and regulations
- Verify builder warranties and included features
- Review community amenities and access
- Assess potential rental income and demand
What stands out about this property.
Interior Features
- 4 bedrooms, 3.5 bathrooms
- First-floor guest suite
- Quartz countertops
- Walk-in closets in primary suite
- High ceilings on main level
- Open, multi-level living
- Central air conditioning
- Forced-air heating
- Three-story layout
Exterior & Lot
- 2-car attached garage
- Level lot (0.03 acres)
- Fiber cement siding
- Standard residential driveway on Apex Peakway
- Low-maintenance yard
- Access to community pool and clubhouse
Location & Neighborhood
- Old Mill Village neighborhood
- 0.5 mile to Downtown Apex
- 1.2 miles to Beaver Creek Commons retail
- 2.5 miles to Apex Community Park
- Raleigh-Cary MSA / proximity to Research Triangle Park
- Wake County Public School System
Walkability & Recreation
- Walkability Rating: 75/100 — Some errands and downtown amenities on foot
- Downtown Apex dining and shops (0.5 mile)
- Beaver Creek Commons shopping (1.2 miles)
- Apex Community Park (2.5 miles) with sports fields and trails
- Community pool and clubhouse
- Nearby routes for commuting to RTP and Raleigh
Sources & research confidence.
See where the property research came from and how confidence varies by field.