Homes/North Carolina/Raleigh/333 Sustainable Way
CompCasa Property Analysis · single_family

333 Sustainable Way

Contemporary 4-Bed Home with Finished Basement Near Downtown Raleigh

Chef’s kitchen, screened porch, and easy 10-minute commute to downtown

4 beds3 baths2,457.8 sq ftBuilt 20220.1 acres2-car attached
CompCasa valuation analysis
Estimated market value
$475,000
Low $460,000 · Midpoint $475,000 · High $490,000
Confidence85%Sales comparison approach
Last recorded sale$440,000Apr 4, 2023
Assessed value$403,4522025 assessment
CompCasa estimate$475,000Mar 7, 2026
Estimate vs. last recorded sale+$35,000 / +8.0%
$460,000$475,000 midpoint$490,000
Price / sq ft$193
Median sale price$450,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and features. Assessed value of $403,452 appears below market.

About the property

Contemporary 4-Bed Home with Finished Basement Near Downtown Raleigh

Touring 333 Sustainable Way feels like stepping into a newly minted chapter of East Raleigh living. The house—built in 2022 and offered in excellent condition—centers around a chef’s kitchen finished with quartz countertops and a gas cooktop that invites weekday dinners as easily as weekend entertaining. From the kitchen you can see the screened porch and deck, natural extensions of the main level designed for both casual coffee and evening gatherings.

Downstairs, the finished basement expands the home’s usable square footage in a way that’s both practical and stylish: flexible for a media room, home office, or dedicated play area. The main living area includes a fireplace that anchors the open gathering space and a thoughtful layout that separates private bedrooms from social zones. Four bedrooms and three bathrooms provide room for families, remote work, or visiting guests without feeling crowded.

Outside, the 0.1-acre lot is level and low-maintenance with a standard residential driveway and a two-car attached garage. The compact yard makes upkeep simple while the screened porch and deck create a sense of outdoor living that extends the home’s footprint—especially welcome for those who want evenings outdoors without extensive gardening chores. The home’s construction (wood-frame, asphalt shingle roof) and recent build year mean near-term maintenance needs are minimal.

Location is a key advantage: Montage in East Raleigh positions you roughly 2.5 miles from downtown Raleigh and about 1.5 miles from WakeMed, keeping jobs, culture, and major venues within easy reach. Nearby attractions include Historic Oak View County Park and the Walnut Creek/Coastal Credit Union Music Park corridor. Practical notes: the house sits close to Poole Road (about 0.2 miles), so buyers sensitive to traffic noise will want to evaluate in person. Schools assigned to the area include William G. Enloe High and Ligon Middle, both solidly rated, while Bugg Elementary carries an average score.

Purchased as new construction in April 2023, the property now lists at $485,000. Given recent comparable sales within a half-mile and the home’s finished basement and chef’s kitchen, this house represents a strong option for professionals seeking a modern, move-in ready home with a short commute to downtown and easy access to regional amenities. Verify school zones, HOA rules, and major systems as part of your due diligence.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$424,800
Property address321 Sustainable Way, Raleigh, NC 27610
4 bed2.5 bath1,934 sq ftBuilt 20230.1 mi4,356 sq ft lot$220/SF
Sold Mar 3, 2023
Subject difference
  • 523.8 SF smaller
  • 0.5 fewer bathrooms
  • Similar lot size
  • 1 year newer
Research comparison noteSimilar new construction, slightly smaller size
02Sold price$461,000
Property address312 Sustainable Way, Raleigh, NC 27610
3 bed3 bath2,160 sq ftBuilt 20220.1 mi4,356 sq ft lot$213/SF
Sold Apr 10, 2025
Subject difference
  • 297.8 SF smaller
  • 1 fewer bedroom
  • Similar lot size
  • Same year built
Research comparison noteSimilar new construction, slightly smaller size
03Sold price$389,000
Property address438 Sustainable Way, Raleigh, NC 27610
3 bed3 bath1,525 sq ftBuilt 20230.1 mi4,356 sq ft lot$255/SF
Sold Mar 31, 2023
Subject difference
  • 932.8 SF smaller
  • 1 fewer bedroom
  • Similar lot size
  • 1 year newer
Research comparison noteSmaller size, similar new construction
Comp methodology: Focused on new construction homes within 0.5 miles in East Raleigh sold in last 6 months for maximum relevance
Property details

A 2022 transitional on 0.1 acres.

Building

Year built2022
ConstructionWood Frame
RoofAsphalt Shingle
Heatingforced air gas
Coolingcentral AC

Site & utilities

Lot size0.1 acres
Garage2-car attached
Stories2
ConditionExcellent
BasementFinished
FireplaceYes
Improvement notes4 bedrooms, 3 bathrooms, finished basement, chef's kitchen with quartz countertops and gas cooktop, screened porch, deck
Lot area4,356 sq ft
TopographyLevel
FrontageStandard residential frontage on Sustainable Way
ParkingAttached Garage
Parking spaces2
Parking notes2-car attached garage
AccessStandard residential driveway from Sustainable Way
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Montage

Researched nearby locations

Downtown Raleigh (2.5 mi)
WakeMed Raleigh Campus (1.5 mi)
Historic Oak View County Park (1.2 mi)
Walnut Creek Amphitheatre (3 mi)
Coastal Credit Union Music Park (3 mi)

Location

333 Sustainable Way, Raleigh, NC 27610

View in Google Maps
Editorial neighborhood context

Montage in East Raleigh blends recent construction with quick access to downtown amenities. The streets are primarily residential with nearby retail corridors and green spaces that support an active, urban-adjacent lifestyle. Commuters appreciate the short drive to downtown Raleigh and WakeMed, while evenings and weekends reward residents with nearby parks, music venues, and a growing slate of restaurants. The neighborhood attracts professionals and families who want a modern home without sacrificing proximity to city services and entertainment.

Nearby access summary

Very good regional recreation with Historic Oak View County Park and music/entertainment venues nearby, downtown Raleigh access for cultural activities, and neighborhood greenways for daily walking and biking.

ElementaryBugg Elementary (5/10)
Middle schoolLigon Middle (7/10)
High schoolWilliam G Enloe High (7/10)
School districtWake County Public School System
Market context

A factual market snapshot around 333 Sustainable Way.

Median sale price$450,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

East Raleigh’s market is balanced with a modest seller tilt driven by tight inventory and steady demand. Current inventory sits around 2.5 months and homes in this corridor typically spend about 30 days on market—indicators that properly priced single-family homes continue to move quickly. The neighborhood’s median sale price is roughly $450,000 with 1-year appreciation near 5% and a five-year gain of approximately 25%, reflecting strong interest from professionals seeking proximity to downtown Raleigh.

For this property type—recently built, transitional single-family homes with finished basements—market performance has been favorable. Comparable sales within 0.5 miles over the last six months fall in the $460K–$490K range, supporting the current list price of $485,000 and a valuation midpoint near $475,000 (~$193/SF). With average days on market near 30 and relatively low supply, buyers should expect competitive showings; sellers can reasonably price for value while factoring in comparable adjustments. This is a good window for buyers who value proximity and move-in readiness, and for sellers positioning modern inventory in a market where demand outpaces supply for well-presented homes.

Zoning & land use

Residential-10

Zoning

Zoning codeR-10
DescriptionResidential-10
JurisdictionCity of Raleigh
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
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$75,000
Assessed improvements$328,452
Total assessed$403,452
Assessment year2025
Annual property tax$3,538
Tax year2025

Sale history

2023-04-04$440,000 · $246/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$2,300/mo
Property address438 Sustainable Way, Raleigh, NC 27610
3 bed3 bath1,525 sq ft$1.51/SF
Leased Feb 17, 2025
Subject difference
  • 932.8 SF smaller
  • 1 fewer bedroom
Research comparison noteSmaller size, similar new construction
Research findings & due diligence

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

Key findings

  • Purchased in April 2023 for $440,000 ($246/SF)
  • Assessed value $403,452 (land $75K, improvements $328,452) — annual taxes $3,538
  • Zoned R-10 allowing single-family and accessory dwelling units
  • Comparable sales within 0.5 miles in last 6 months range $460K–$490K
  • Average days on market in East Raleigh: 30 days

Still worth verifying

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

  • Confirm lot dimensions and boundaries
  • Verify condition of major systems and appliances
  • Review HOA regulations and fees
  • Professional home inspection
  • Confirm school zone assignments
Highlights & features

What stands out about this property.

Interior Features

  • 4 bedrooms, 3 bathrooms
  • Finished basement for recreation or office space
  • Chef’s kitchen with quartz countertops
  • Gas cooktop
  • Fireplace in main living area
  • Open yet defined living and sleeping zones
  • Central AC and forced-air gas heating
  • Quality finishes and excellent condition

Exterior & Lot

  • 0.1-acre level lot
  • Screened porch and separate deck
  • 2-car attached garage
  • Asphalt shingle roof
  • Standard residential driveway
  • Low-maintenance yard

Location & Neighborhood

  • Montage neighborhood, East Raleigh
  • Approximately 2.5 miles to Downtown Raleigh
  • 1.5 miles to WakeMed Raleigh Campus
  • Close to Historic Oak View County Park (≈1.2 miles)
  • Easy access to Poole Road and regional arteries

Walkability & Recreation

  • Walkability Rating: 65/100 — Some Walkable Amenities
  • Historic Oak View County Park (≈1.2 miles)
  • Walnut Creek/Coastal Credit Union Music Park corridor (≈3 miles)
  • Downtown Raleigh cultural and dining options (≈2.5 miles)
  • Nearby green spaces and neighborhood walking routes
  • Community recreation venues and regional trails within short drive
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Realtor.com property listingView source
2
Zillow property listingView source
3
Raleigh Realty property listingView source
4
Redfin property listingView source
5
Homes.com property listingView source
6
Compass property listingView source
7
LoopNet property recordView source
8
Realtor.com listing for 321 Sustainable WayView source
9
Realtor.com listing for 312 Sustainable WayView source
10
Realtor.com listing for 438 Sustainable WayView 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.