INNOVATE Real Estate
Hanover Street B HD - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
First Level - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Second Level - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.33PM - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.34PM (1) - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.34PM (2) - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.35PM - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.33PM (1) - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.35PM (1) - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.35PM (2) - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.34PM (3) - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
Image 9-8-26 at 2.34PM - 1506 Hanover Street, Raleigh, NC 27608, Raleigh
12 photos

$2,000,000

1506 Hanover Street, Raleigh, NC 27608
Raleigh, NC 27608
Listed by Anne Godwin · Insight Real Estate
Bedrooms
5
Bathrooms
4
Living area
N/A
Year built
2026

About this home

Presale opportunity in one of Five Points' most desirable settings, just moments from Roanoke Park. Offering approximately 3,800 square feet across three thoughtfully designed levels, this new construction home features five bedrooms, a private study, open kitchen and great room, dedicated dining space, and covered outdoor living. The floor plan balances comfortable everyday living with plenty of room to gather and entertain, complemented by elevated finishes and timeless design throughout. Buyers who act early may have the opportunity to personalize select finishes, depending on the stage of construction. A rare opportunity to enjoy a brand-new home on an exceptional street in the heart of Five Points.

Highlights

FireplaceNew construction

Property details

MLS #
10191256
Property type
Single Family Residence
Subdivision
Roanoke Park
Status
Active
Days on market
16
On market date
September 8, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
N/A
Lot size
0.17 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Underwood Elementary
0.39 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
395
Student:teacher ratio
10.4:1
District
Wake County Schools
Middle
Oberlin Middle
1.38 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,202
Student:teacher ratio
15.2:1
District
Wake County Schools
High
Needham Broughton High
1.12 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

81
Highly walkable
out of 100
EPA National Walkability Index
13.5 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks8
Schools9
Transit stops20
Pharmacies5

Market position

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

On the market 16 days -- 73 fewer days than Raleigh's current average of 89 days.
For reference, the median list price across 2,822 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
$12,194/mo
$400,000 down
$1,600,000 loan
Principal & interest$10,378
Property tax (est.)$1,667
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 16 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.