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DJI_20261007143117_0018_D - 3500 Proprietor Way, Raleigh, NC 27612, Raleigh
DJI_20261007143154_0022_D - 3500 Proprietor Way, Raleigh, NC 27612, Raleigh
47 photos

$795,000

3500 Proprietor Way, Raleigh, NC 27612
Raleigh, NC 27612
Listed by Frank DeRonja · Corcoran DeRonja Real Estate
Bedrooms
3
Bathrooms
3.5
Living area
N/A
Year built
1997

About this home

This beautiful end-unit townhome is practically perfect. 3500 Proprietor in Olde Raleigh Villas is immaculate and defines low maintenance luxury living. First, the floorplan: the main level living areas feature high ceilings and an abundance of windows, creating a light and bright atmosphere rare in this community. The renovated kitchen with custom cabinetry, stone countertops, wine cooler and oversized island is perfect for entertaining family and friends. Need a dedicated workspace or a quiet spot to unwind? The separate study off the entry has you covered. And the sunroom shines for reading or morning yoga. Upstairs, the primary suite is truly a private retreat, impressing with a soaring vaulted ceiling, an updated ensuite bath with an oversized shower and dual sinks, plus two closets including a walk-in with a custom closet system. The two additional bedrooms are generously sized, and each has a private bath and large closets. The spacious laundry room is located just off the hall. Two outdoor living spaces include a private courtyard perfect for coffee or cocktails and a patio ready for your grilling expertise. The home also has a two-car garage with a utility sink, a double driveway for visiting guests, and a gorgeous lawn that you never have to mow. All of this in an unbeatable location: a short stroll to the Raleigh Greenway, with quick access to shopping and dining at Olde Raleigh Village, Umstead Park, Downtown Raleigh, RTP, and RDU Airport. Don't miss this extraordinary opportunity.

Property details

MLS
Doorify MLS
MLS #
10198273
Property type
Townhouse
Subdivision
Olde Raleigh Villas
Status
Active
Days on market
4
On market date
October 14, 2026
Stories
N/A
Total bathrooms
3.5
Garage spaces
2
Parking spaces
2
Lot size
0.1 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.

Elementary
Stough Elementary
1.26 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
494
Student:teacher ratio
12.7:1
District
Wake County Schools
Middle
Oberlin Middle
3.23 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
4.27 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).

33
Car-dependent
out of 100
EPA National Walkability Index
6.8 / 20 -- Below average walkable
Google Places amenity density
30 / 100
Restaurants & cafes2
Grocery stores2
Parks2
Schools0
Transit stops0
Pharmacies1

Market position

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

On the market 4 days -- 109 fewer days than Raleigh's current average of 113 days.
For reference, the median list price across 2,851 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
$4,938/mo
$159,000 down
$636,000 loan
Principal & interest$4,125
Property tax (est.)$663
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 4 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.