Property listing for 653 Fallon Grove Way, Raleigh, NC, 27608
For SaleTownhouse

$785,000

653 Fallon Grove Way, Raleigh, NC, 27608

Reimagined Designer Townhome Inside Raleigh’s Beltline

4 Bed · 3.5 Bath · 2,726 Sq Ft

Finished third floor, upgraded garage, low-maintenance living — move-in ready

4

Beds

3.5

Baths

2,726

Sq Ft

2015

Built

1-car garage (EV-ready)

Garage

About 653 Fallon Grove Way

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.

Home Highlights

Finished third floor with full bath and closetOver $100,000 in 2020 designer renovationsHardwood floors across all three levelsClosets by Design storage systems throughoutGarage upgraded for storage, entertainment, and EV-ready wiringHOA-maintained exterior for low yard upkeepExtended patio and fenced backyard

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Walkability & Recreation

82
Walkability
78
Recreation

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.

AI Valuation Estimate

Low

$754K

Midpoint

$785K

High

$816K

$288/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

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

Market & Area Data

Nearby Points of Interest

  • 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

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.

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

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