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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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803 Martin Luther King Junior Boulevard , Raleigh, NC 27601
$599,999
Est. Payment: $3,197.64/mo
3 Bed
4 Bath
1849 Sqft
0.19 Acres
Status: active | Days on site: 31
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75688 - shankarapra,galamon1
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Pappalardo, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Chris Pappalardo
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House Description

FINAL 3 UNITS AVAILABLE! The Flats at Quarry Hill is an exclusive boutique development featuring four modern townhome-style condominiums engineered for elevated city living and optimized investor return. Located at the strategic intersection of Martin Luther King Jr. Boulevard and State Street, these residences sit directly in the path of Downtown Raleigh's prime growth corridor. Each multi-level residence features 1,849 heated square feet across four levels, including attached garaged space, private rooftop terrace, and low-maintenance luxury construction designed to maximize long-term valuation and rental returns. Short-Term Rental (STR) Permitted: Flexible rental policy positioned to capture Raleigh's booming short-term stay market. High-Demand Tenant Pool: Ideal proximity for NC State visitors, business travelers, medical professionals, and weekend tourists. Low Maintenance Exterior: Condominium ownership structure with modern, durable construction ensuring lower long-term maintenance costs. Exclusive Supply: Limited availability of only 4 total residences creates immediate scarcity and strong rental power. Listing Contacts 2 other units - 805 Martin Luther King Jr Blvd & 807 Martin Luther King Jr Blvd
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Highlights

Listed by Prabha Shankaran , and Mona Gala , Compass -- Raleigh , Doorify MLS mls logo

Property Type

Condo/Townhome
Lot/Acreage
0.19

HOA Fee

262.5 Monthly

Year Built

2026

County

Wake

 Neighborhood

To Be Added

Listing ID

10196250

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Range, Microwave, Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:1849
Other:
  • ▪ Additional:Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Recessed Lighting, Walk-In Closet(s), Walk-In Shower
Water:Public

Exterior Features

Garage Capacity:1
Roof:Shingle
Sewer:Public Sewer
Parking Features:Garage,Attached Garage
Principal Interest
$3,198
Taxes
$382
HOA
$263

Home Price

$599,999

Loan Details

30 yrs
7.013%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,197.64

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,197.64 $382.50 $262.50 $3,842.64
Yearly $38,371.66 $4,589.99 $3,150.00 $46,111.65
Total $1,151,149.86 $137,699.77 $94,500.00 $1,383,349.63

Today's Rates

30 Year

7.01%

20 Year

7.03%

15 Year

6.39%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Doorify MLS, Internet Data Exchange Database.
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Data last updated: 2026-11-02T10:02:13.000Z

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