01-1501 Graduate Ln [3280582]_08042026_0 - 1501 Graduate Lane, Raleigh, NC 27606, Raleigh
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17 photos

$308,900

1501 Graduate Lane, Raleigh, NC 27606
Raleigh, NC 27606
Listed by Mary Yu · My Harmony Home
Bedrooms
4
Bathrooms
4
Living area
N/A
Year built
2014

About this home

Don't miss this exceptional 4-bedroom, 4-full-bath condominium in one of the most desirable locations near NC State University! The Wolfline bus stop is just steps away, providing convenient transportation to campus without the need to drive. Built in 2014, this is the newest building in the community, while most neighboring buildings were constructed around 1996, offering the advantages of newer construction and a more modern design. This well-maintained, move-in-ready second-floor home features one of the community's most practical floor plans with: * Four spacious bedroom suites, each with its own private full bathroom, closet, and ceiling fan * Luxury vinyl plank (LVP) flooring throughout the main living areas * Updated kitchen appliances, including a brand-new refrigerator, stove, and microwave * Spacious living room with adjoining dining area * Functional kitchen with abundant cabinet space * Separate laundry room * Private balcony with additional storage * Peaceful tree-lined views from the living room and several bedrooms, creating a relaxing retreat The second-floor location is widely considered the most desirable level in this three-story building, offering added privacy, security, and easy accessibility. An Outstanding Raleigh Location Enjoy the perfect balance of a quiet, tree-lined neighborhood and outstanding convenience. Just minutes away you'll find: * NC State University and Centennial Campus * Wolfline bus stop only steps from the building * Grocery stores including Harris Teeter, Food Lion, ALDI, and Publix * Shopping, restaurants, coffee shops, and everyday conveniences along Avent Ferry Road and Western Boulevard * Crossroads Plaza in Cary, offering Target, HomeGoods, Best Buy, TJ Maxx, Dick's Sporting Goods, and numerous dining options * Downtown Raleigh, with its vibrant restaurants, breweries, museums, festivals, and nightlife * Pullen Park, Dorothea Dix Park, and Lake Johnson Park, featuring walking trails, kayaking, playgrounds, and year-round outdoor recreation * Easy access to I-40, I-440, US-1, Cary, Morrisville, and Research Triangle Park (RTP), making commuting throughout the Triangle simple and convenient Whether you're purchasing for your own residence, as housing for NC State students, or as an investment property, this home offers an ideal combination of location, privacy, modern updates, and a highly desirable four-suite floor plan. Move-in ready with newer construction, beautiful wooded views, and an unbeatable location—this is an opportunity you don't want to miss!

Property details

MLS #
10184984
Property type
Condominium
Subdivision
University Commons Condos
Status
Active
Days on market
63
On market date
August 7, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
30
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
Combs Elementary
0.64 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
625
Student:teacher ratio
12.5:1
District
Wake County Schools
Middle
Centennial Campus Middle
1.09 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
529
Student:teacher ratio
12.6:1
District
Wake County Schools
High
Athens Drive High
1.23 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
2,042
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).

79
Walkable
out of 100
EPA National Walkability Index
13.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks10
Schools15
Transit stops20
Pharmacies3

Market position

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

On the market 63 days -- 40 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
$2,010/mo
$61,780 down
$247,120 loan
Principal & interest$1,603
Property tax (est.)$257
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 29, 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.