$20,000 Seller’s Concession - 135 Katrine Way, Raleigh, NC 27603, Raleigh
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WhatsApp Image 2026-07-18 at 10.52.45 AM - 135 Katrine Way, Raleigh, NC 27603, Raleigh
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51 photos

$589,990

135 Katrine Way, Raleigh, NC 27603
Raleigh, NC 27603
Listed by Latesh Patel · LP Realty
Bedrooms
5
Bathrooms
3
Living area
N/A
Year built
2023

About this home

Seller's offering $20,000 in concession. Welcome to a beautifully designed 5-bedroom home offering the space, flexibility, and lifestyle today's Raleigh buyers are searching for. Featuring a highly desirable first-floor guest suite with a full bath, an open-concept layout, and a spacious loft, this home is built for modern living, entertaining, and working from home. The fenced backyard provides privacy and room to relax, while the corner lot adds extra outdoor space and curb appeal. Energy-efficient solar panels help reduce utility costs and enhance long-term value. Tesla battery for solar. PAID-IN-FULL SOLAR + TESLA POWERWALL: Fully owned solar panels and Tesla Powerwall battery—no lease or financing. Seller reports $0 electricity bills based on historical utility statements, with documentation available on request. Applicable solar and battery warranties remain in effect, subject to transfer terms. Residents enjoy resort-style community amenities including a swimming pool, fitness center, dog park, and scenic walking trails. Conveniently located in Raleigh's growing 27603 area with easy access to Downtown Raleigh, I-40, shopping, dining, and major employers, this move-in ready home delivers the perfect combination of comfort, convenience, and lifestyle.

Property details

MLS #
10176042
Property type
Single Family Residence
Subdivision
Exchange at 401
Status
Active
Days on market
107
On market date
June 24, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
N/A
Lot size
0.18 acres
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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
Banks Road Elementary
3.39 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
648
Student:teacher ratio
13.5:1
District
Wake County Schools
Middle
Holly Grove Middle
10.01 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,624
Student:teacher ratio
17.8:1
District
Wake County Schools
High
Middle Creek High
4.63 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,779
Student:teacher ratio
18.3:1
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).

27
Car-dependent
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
8 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

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

On the market 107 days -- 4 more 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

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,703/mo
$117,998 down
$471,992 loan
Principal & interest$3,061
Property tax (est.)$492
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 28 days ago.

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.