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23 photos

$164,500

3806 Grey Harbor Drive 302, Raleigh, NC 27616
Raleigh, NC 27616
Listed by Kristy Carver · Marquis Realty
Bedrooms
1
Bathrooms
1.5
Living area
N/A
Year built
1986

About this home

Welcome to 3806 Grey Harbor Drive—a true diamond in the rough in North Raleigh. The building and community reflect their age, and the pricing takes that into account, offering an opportunity to own a substantially renovated interior at an attractive value. Step inside, however, and the difference is immediately apparent: this condo has been thoughtfully updated from top to bottom, creating a clean, modern, move-in-ready home. Renovations completed between 2022 and 2026 include LVP flooring, fresh paint, vaulted ceilings, a refinished natural wood staircase, and an updated kitchen with refinished cabinetry, granite countertops, and new appliances. Both bathrooms have been refreshed, including a new tub and custom tile surround in the primary bath. The improvements extend well beyond cosmetics, with a new water heater (2026), HVAC system (2023), upgraded duct insulation (2025), whole-house water filtration, updated electrical outlets and switches, modern lighting, and new ceiling fans. Other thoughtful upgrades include a biometric smart lock, built-in safe, custom walk-in closet shelving, skylight shade, and refinished front porch and private primary-suite balcony. The community offers a pool, clubhouse, and tennis courts, while the location provides convenient access to Lafayette Village, North Hills, Duke Raleigh Hospital, Crabtree Valley Mall, Downtown Raleigh, RDU, and Research Triangle Park. For buyers willing to look beyond the building's dated first impression, this is an opportunity to own a condo with a remarkably updated interior, extensive recent improvements, and significant value relative to its current setting. The exterior may show its age, but inside, the work has already been done.

Property details

MLS #
10172933
Property type
Condominium
Subdivision
Village East
Status
Active
Days on market
85
On market date
July 16, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
100
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Wakefield Elementary
6.28 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
546
Student:teacher ratio
11.9:1
District
Wake County Schools
Middle
East Millbrook Middle
0.2 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
768
Student:teacher ratio
11.8:1
District
Wake County Schools
High
Vernon Malone College and Career Academy
7.9 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
342
Student:teacher ratio
14.9:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

81
Highly walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks4
Schools7
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 85 days -- 18 fewer days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

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Est. monthly payment
$1,141/mo
$32,900 down
$131,600 loan
Principal & interest$854
Property tax (est.)$137
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 15, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.