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49 photos

$435,000

1535 Caraleigh Mills Court 221, Raleigh, NC 27603
Raleigh, NC 27603
Listed by Allison Sanders · Choice Residential Real Estate
Bedrooms
1
Bathrooms
1.5
Living area
N/A
Year built
1892

About this home

Caraleigh is amenity rich with pool, gym, EV charging stations, garden, and dog park all in the gated community. HOA covers your monthly water, sewer, fiber, and internet. A 50% property tax reduction makes for lower cost condo living. The location couldn't be more perfect. Close to the State Farmers Market, Dorothea Dix Park, Trophy Brewing and so much more in the heart of Raleigh. Industrial edge meets modern cool in this two-bedroom condo set inside one of Raleigh's most iconic fully restored mills. Soaring vaulted ceilings, raw original floors, and oversized historic windows that flood the space with natural light, celebrating the building's past while delivering the modern style. The open-concept layout flows from kitchen to living. Kitchen with granite countertops, updated appliances, and backsplash. Modern staircase leads to a lofted office space, perfect for work, study, or creative pursuits. A barn door leads to the primary suite. Inside, the primary bedroom showcases exposed beams and historic character. Lovely updated primary bath. The condo is also listed for rent @ $2200 a month.

Property details

MLS #
10178923
Property type
Condominium
Subdivision
Caraleigh Mills
Status
Active
Days on market
92
On market date
July 9, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
2
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
Farmington Woods Elementary
6.85 mi away · Grades -1-5
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
616
Student:teacher ratio
13.1:1
District
Wake County Schools
Middle
Martin Middle
4.09 mi away · Grades 6-8
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
1,003
Student:teacher ratio
14.5:1
District
Wake County Schools
High
Needham Broughton High
2.12 mi away · Grades 9-12
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
2,098
Student:teacher ratio
16.1:1
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).

83
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores14
Parks14
Schools6
Transit stops20
Pharmacies1

Market position

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

On the market 92 days -- 11 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

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

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Est. monthly payment
$2,770/mo
$87,000 down
$348,000 loan
Principal & interest$2,257
Property tax (est.)$363
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 9, 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.