Property listing for 710 Powell Dr Unit C, Raleigh, NC 27606
For SaleTownhome

$319,900

710 Powell Dr Unit C, Raleigh, NC 27606

Updated 2-Bed Townhome with Finished Bonus Room Near NC State

2 Bed · 2.5 Bath · 1,283 Sq Ft

Modern finishes, flexible bonus space, prime West Raleigh location

2

Beds

2.5

Baths

1,283

Sq Ft

1985

Built

0.05 acres

Lot

None

Garage

About 710 Powell Dr Unit C

What sets this West Raleigh townhome apart is the third-floor finished bonus area — a light, private retreat that functions as an office, studio, or lofted guest room. Inside 1,283 square feet you’ll find thoughtful modern updates: bamboo LVP floors underfoot, granite countertops in the kitchen, stainless steel appliances, and a welcoming wood-burning fireplace in the living area. The home’s clean lines and recent upgrades give it a fresh, move-in-ready feel without sacrificing character.

The main-level layout centers on daily living and entertaining. A practical kitchen opens to the living and dining zones, where the fireplace creates a comfortable focal point for cooler evenings. Two bedrooms and 2.5 baths are arranged for privacy and convenience, while abundant closet space and practical finishes keep maintenance low. The third-floor bonus expands usable square footage beyond the standard two-story plan — perfect for a work-from-home setup or a dedicated hobby room.

Outside, the property sits on a compact, level 0.05-acre lot with assigned parking (two spaces) and standard residential access from Powell Drive. With no attached garage, owners enjoy low exterior maintenance and the freedom of a lock-and-leave townhome lifestyle. The HOA fee of $209/month helps cover shared maintenance and common-area management.

Location is a standout: NC State University is roughly 1.5 miles away, PNC Arena about 2.5 miles, and downtown Raleigh sits at approximately 3 miles — convenient for events, campus life, and city amenities. Highly rated local schools include Adams Elementary, Lufkin Road Middle, and Athens Drive High, making this an attractive option for buyers who prioritize education quality. Listed at $319,900 ($249/sf) and supported by recent nearby sales of similar units, this property represents a compelling balance of modern updates and strong location fundamentals for primary residents or investors targeting the steady West Raleigh rental market.

Home Highlights

Move-in ready with recent modern updatesFinished third-floor bonus areaBamboo LVP flooring and granite countertopsWood-burning fireplaceAssigned parking (approx. 2 spaces)HOA: $209/monthListed at $319,900 — $249/SF

Property Features

Interior Features

  • 2 bedrooms, 2.5 bathrooms
  • Finished third-floor bonus area (flex workspace/loft)
  • Bamboo LVP flooring throughout main living areas
  • Granite countertops
  • Stainless steel appliances
  • Wood-burning fireplace
  • Central air and heat pump
  • Forced air heating

Exterior & Lot

  • Lot size: 0.05 acres (approx.)
  • Level topography
  • Assigned parking (estimated 2 spaces)
  • Standard residential frontage on Powell Drive
  • Low exterior maintenance — no attached garage

Location & Neighborhood

  • West Raleigh neighborhood
  • NC State University (approx. 1.5 miles)
  • PNC Arena (approx. 2.5 miles)
  • Downtown Raleigh (approx. 3 miles)
  • Wake County Public School System

Walkability & Recreation

  • Walkability Rating: 65/100 — Somewhat Walkable
  • Convenient access to university and city amenities
  • Nearby green spaces and community recreation options
  • Short drives to event venues and downtown dining
  • Community-oriented streets with residential character

Neighborhood & Location

West Raleigh blends convenient city access with a residential atmosphere favored by students, young professionals, and families. This pocket offers short drives to NC State, PNC Arena, and downtown Raleigh while retaining neighborhood streets and modest lot sizes. Local public schools in the Wake County system earn strong ratings, and the area’s steady population growth has driven consistent demand for well-located townhomes and single-family homes. Expect a lively, serviceable neighborhood with easy routes to highways, transit corridors, and campus life.

Market Insights

Local market indicators point to a seller’s market with limited inventory and steady appreciation. Wake County’s West Raleigh corridor is currently showing about 2.5 months of inventory and an average days-on-market near 47 days — conditions that favor sellers but still allow well-priced, updated homes to attract competitive offers. The neighborhood’s median sale price sits around $408,000, and one-year appreciation is approximately 6.5%, while five-year appreciation is near 25%.

Townhomes in this pocket perform well: recent sales of nearby units in the same complex and immediate area clustered around $310K–$330K, making this listing’s $319,900 price consistent with market comparables. Rental demand is strong as well; a recent lease comp and rental estimate place monthly rent near $1,800, yielding a gross rental rate around 6.7% — attractive for investors seeking near-term cash flow and proximity to NC State’s student and professional renter pool.

For buyers, now is a strategic window to act: low inventory increases competition, and updated, turnkey townhomes like this one move swiftly. For investors, the below-market assessed value and proven rental demand present an opportunity to capture upside while covering carrying costs. Always confirm current HOA rules, budget for potential system upgrades given the 1985 build year, and move quickly on well-priced options in this micro-market.

Nearby Schools

Adams Elementary

Elementary

8/10

Lufkin Road Middle

Middle

10/10

Athens Drive High

High

8/10

Walkability & Recreation

65
Walkability
75
Recreation

Very good access to recreation: close to NC State campus amenities, event venues at PNC Arena, and a variety of neighborhood parks and community green spaces for daily walks and recreation.

Investment Highlights

  • Modern updates including bamboo LVP flooring and granite countertops
  • Proximity to NC State University and downtown Raleigh
  • Highly rated schools within reasonable distance
  • Finished third-floor bonus area provides additional flexible space
  • Current assessed value below market, indicating potential for appreciation

Key Findings

  • Listed for sale at $319,900 ($249/SF)
  • Assessed value $284,384 (land $95K, improvements $189,384) — annual taxes $2,500
  • Zoned R-6 allowing single-family and townhouse uses
  • Comparable sales within 0.5 miles in last 6 months range $310K–$330K
  • Average days on market in area: 47 days (seller's market)

Things to Consider

  • Built in 1985 — potential for aging systems requiring inspection
  • Limited lot size may restrict outdoor space
  • HOA fees of $209/month should be considered in budgeting

Opportunity Analysis

Updated townhome in desirable West Raleigh location with modern amenities and proximity to major attractions. Below-market assessed value suggests potential for appreciation. Limited inventory and high demand indicate strong resale potential.

Potential Use Scenarios

  • Potential primary residence for buyers seeking proximity to NC State and downtown
  • Investment property with strong rental demand from university students and professionals
  • Monitor market trends for potential appreciation and resale opportunities

Risk Factors

  • Aging systems may require maintenance or replacement
  • Limited outdoor space due to small lot size
  • HOA fees impact overall cost of ownership

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$310K

Midpoint

$320K

High

$330K

$249/SF estimated price per square foot

85% confidence

Sales comparison approach using recent sales of similar townhomes in the area. Adjusted for updates and location. Assessed value of $284,384 appears below market.

As of 2026-03-07

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

Market & Area Data

Market Trends

Area Median Price$408,000
Avg Days on Market47 days
Inventory2.5 months
1-Year Appreciation+6.5%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$70,000

Steady population growth with increasing demand for housing near universities and downtown areas.

Nearby Points of Interest

  • NC State University (1.5 mi)
  • PNC Arena (2.5 mi)
  • Downtown Raleigh (3 mi)
  • Downtown Cary (4 mi)

Convenient access to NC State University, PNC Arena, and downtown areas of Raleigh and Cary.

School District

DistrictWake County Public School System
ElementaryAdams Elementary (8/10)
MiddleLufkin Road Middle (10/10)
HighAthens Drive High (8/10)

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

Property Details

Building Details

Year Built1985
Constructionwood frame
Stories2
Roofcomposition
Heatingforced air and heat pump
Coolingcentral air and heat pump
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.05 acres (2,178 SF)
Topographylevel
Parkingassigned
Parking Spaces2
FrontageStandard frontage on Powell Dr

Utilities

Waterpublic
Sewerpublic
Electricavailable
Gasnot specified

Zoning & Land Use

Zoning CodeR-6
DescriptionResidential-6
JurisdictionCity of Raleigh

Allowed Uses

single familytownhouse
Current Useresidential
Assessor UseResidential

Tax & Sale History

Tax Assessment

Total Assessed$284,384
Land$95,000
Improvements$189,384
Annual Tax (2025)$2,500

Sale History

2026-01-14$319,900

$249/SF

Listed for sale

2016-08-22$115,000

$93/SF

Sold

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