Estimated market value
$785,000
Low $753,600 · Midpoint $785,000 · High $816,400
Confidence65%Sales comparison approach
CompCasa estimate$785,000Current analysis
$753,600$785,000 midpoint$816,400
Price / sq ft$288
Derived from Redfin listing LD+JSON
About the property
Reimagined Designer Townhome Inside Raleigh’s Beltline
This is not a typical townhome — 653 Fallon Grove Way was taken apart and thoughtfully rebuilt to deliver the kind of detail you usually find in single-family renovations. The sellers invested more than $100,000 in 2020 designer upgrades that carry through every room: custom shiplap and built-ins frame the living room fireplace and a dry bar, architectural wainscoting adds depth to the kitchen, and continuous hardwood floors now run across all three levels for a cohesive, gallery-like feel.
The chef-adjacent kitchen combines updated cabinetry, newer appliances, and layered finishes that read both elevated and approachable. Entertaining is effortless: the main living area flows to an extended back patio and fully fenced backyard, giving you additional outdoor living without yard work — exterior maintenance is handled by the HOA.
What sets this plan apart is the fully finished third floor. With a large bonus/bedroom space, full bath, and closet it functions as a private suite, media room, or home office — the flexibility increases this home's usable footprint in a way most townhouses can’t match. Upstairs conveniences continue with a generous second-floor laundry that includes built-in cabinetry and a utility sink, while every bedroom benefits from professionally installed closet systems by Closets by Design.
The garage was reimagined as more than parking: Closets by Design outfitted the space for storage and entertainment, the door was upgraded to a high-lift system for ceiling storage, and a dedicated accessory sub-panel is already wired for EV charging. With modern systems, tasteful designer paint palette, and move-in readiness, this townhome stands out as a turnkey option for buyers seeking low-maintenance, high-design living inside the Beltline.
Location & nearby
Raleigh, NC
Researched nearby locations
⌖Short drives to downtown restaurants, shops, and cultural venues
⌖Nearby parks and green spaces within short drives
⌖Golf courses within short drive times
⌖City recreation facilities and downtown amenities nearby
Location
653 Fallon Grove Way, Raleigh, NC, 27608
Editorial neighborhood context
Inside the Beltline living offers a compact, urban lifestyle with direct access to downtown Raleigh’s restaurants, breweries, and cultural venues while maintaining residential calm. Residents appreciate short drives (and in many cases short walks) to grocery, coffee shops, and parks. Neighborhood character blends newer infill and townhome communities with mature streets and occasional pocket parks. HOA-maintained properties like this one appeal to buyers who want central location without the ongoing exterior maintenance.
Nearby access summary
Very good access to parks, greenways, and downtown recreational facilities; easy driving distance to area golf courses and regional trails, with neighborhood walking and biking routes for daily activity.
Market context
A factual market snapshot around 653 Fallon Grove Way.
Editorial market perspective
This listing is priced at $785,000, which aligns with the property's valuation midpoint and a local price-per-square-foot of about $288 — a helpful anchor for buyers and agents negotiating Inside the Beltline townhomes. Townhouse inventory inside the Beltline has historically been tighter than suburban markets, and renovated, low-maintenance homes with finished bonus space tend to attract quicker attention from buyers who prioritize central location and turnkey condition. For this property, the finished third floor and garage upgrades add measurable market differentiation and utility that support the current list price. Buyers should weigh the value of reduced exterior chores (HOA-maintained envelope) and the EV-ready garage wiring when comparing similarly sized homes. For sellers, the combination of designer updates and flexible floorplan positions the home competitively; for buyers, this is a rare opportunity to secure a move-in-ready, three-level plan with premium finishes without the immediate need for additional renovations.
Highlights & features
What stands out about this property.
01Finished third floor with full bath and closet
02Over $100,000 in 2020 designer renovations
03Hardwood floors across all three levels
04Closets by Design storage systems throughout
05Garage upgraded for storage, entertainment, and EV-ready wiring
06HOA-maintained exterior for low yard upkeep
07Extended patio and fenced backyard
Interior Features
- 4 bedrooms, 3.5 baths with finished third floor suite
- Custom shiplap accents and built-in cabinetry
- Architectural wainscoting in the kitchen
- Designer dry bar surrounding fireplace
- Hardwood floors across all three levels
- Second-floor laundry with utility sink and custom cabinetry
- Closets by Design systems in all bedrooms
Exterior & Lot
- Extended back patio
- Completely fenced backyard
- HOA-maintained exterior (roof, siding, common areas)
- 1-car garage renovated for storage/entertainment
- Garage high-lift door with ceiling storage capability
- Garage wired with accessory sub-panel ready for EV charging
Location & Neighborhood
- Inside the Beltline location — direct access to central Raleigh
- Short drives to downtown restaurants, shops, and cultural venues
- Low-maintenance urban-living lifestyle
- Well-positioned for commutes to core employment centers
Walkability & Recreation
- Walkability Rating: 82/100 — Some errands on foot; central urban access
- Nearby parks and green spaces within short drives
- Hiking and biking routes accessible near central Raleigh
- Golf courses within short drive times
- Running/walking paths and neighborhood greenways
- City recreation facilities and downtown amenities nearby