Ideally located in West Raleigh, this brand-new single-family home at Cottages at Powell Park blends modern design with effortless everyday living. The home offers three bedrooms, three full baths, and a detached two-car garage, thoughtfully designed to provide both style and functionality. Inside, the open-concept floor plan creates a bright and welcoming living environment with generous room sizes and seamless flow between spaces. A main-level guest suite offers flexibility for visitors, a private home office, or comfortable multigenerational living. At the center of the home, the chef's kitchen features a large island, stone countertops, and stainless steel appliances, creating a natural gathering place for both everyday living and entertaining. Upstairs, the spacious primary suite serves as a peaceful retreat, complemented by an additional generously sized bedroom and full bath. Outdoor living is just as inviting with a covered porch overlooking a private homesite, while the detached two-car garage adds convenience and classic neighborhood charm. Located minutes from Downtown Raleigh with quick access to I-440, I-40, RTP, and RDU Airport, residents enjoy close proximity to some of the Triangle's most popular destinations including Fenton, North Hills, Umstead Park, and Lenovo Center. An exceptional opportunity to enjoy brand-new construction in one of Raleigh's most convenient and desirable locations.
New construction
$634,900
724 Powell Dr, Raleigh, NC 27606
3beds
1,792sqft
Est.:
Single Family Residence, Residential
Built in 2026
4,356 Square Feet Lot
$632,300 Zestimate®
$354/sqft
$117/mo HOA
What's special
Private homesiteGenerous room sizesDetached two-car garagePrivate home officeLarge islandSeamless flow between spacesSpacious primary suite
- 10 hours |
- 266 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: 11 hours ago
Listed by:
Frank DeRonja 919-669-7993,
Corcoran DeRonja Real Estate,
John Butler 919-272-6607,
Corcoran DeRonja Real Estate
Source: Doorify MLS,MLS#: 10151839
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Range
- Laundry: Laundry Closet, Upper Level
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Stone Counters, Walk-In Shower
- Flooring: Carpet, Simulated Wood, Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
- Finished area above ground: 1,792
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch
- Exterior features: Rain Gutters
- Has view: Yes
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 0783590261
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Cement Siding
- Foundation: Raised, Other
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2026
- Major remodel year: 2026
Details
- Builder name: Redeeming Development Group LLC
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: To Be Added
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Storm Water Maintenance
- HOA fee: $350 quarterly
- Additional fee info: Second HOA Fee $280 Annually
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $110,000
- Annual tax amount: $2,813
- Date on market: 3/11/2026
Estimated market value
$632,300
$601,000 - $664,000
$2,385/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listed for sale | $634,900+1.6%$354/sqft |
Source: | ||
| 3/5/2026 | Listing removed | $624,900$349/sqft |
Source: | ||
| 10/15/2025 | Listed for sale | $624,900-47.9%$349/sqft |
Source: | ||
| 5/17/2024 | Sold | $1,200,000$670/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,813 -42.3% | $110,000 -80.3% |
| 2024 | $4,872 +33.8% | $558,607 +68.1% |
| 2023 | $3,641 +7.6% | $332,219 |
| 2022 | $3,384 +4% | $332,219 |
| 2021 | $3,252 | $332,219 |
| 2020 | -- | $332,219 +65.7% |
| 2019 | -- | $200,485 |
| 2018 | -- | $200,485 |
| 2017 | -- | $200,485 |
| 2016 | $2,063 | $200,485 +3.7% |
| 2015 | -- | $193,290 |
| 2014 | -- | $193,290 |
| 2013 | -- | $193,290 |
| 2012 | -- | $193,290 |
| 2011 | -- | $193,290 |
| 2010 | -- | $193,290 |
| 2009 | -- | $193,290 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,510/mo
Principal & interest
$3033
Property taxes
$360
HOA Fees
$117
More affordability tools
Climate risks
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 8/10Adams ElementaryGrades: PK-5Distance: 2.7 mi
- 10/10Lufkin Road MiddleGrades: 6-8Distance: 8.3 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Wake - Adams
- Middle: Wake - Lufkin Road
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







