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709 E Lenoir St #201, Raleigh, NC, 27601

2beds
2baths
951sqft
$430,000
$452price/sqft
$2,729/moest. monthly cost
$109,160/yrincome needed

About This Home

Loft3 Condos are currently under construction for a summer 2026 delivery, this premier collection of 21 residences redefines urban living in downtown Raleigh's flourishing East Side. Hard-hat walk-throughs of the units and additional floor plan options are currently available. The building distinguishes itself with cold-formed-steel construction (not wood) for superior durability and longevity. This thoughtfully designed 2 bed / 2 bath residence features an open-concept layout optimized for natural light, anchored by premium Pella casement windows and an 8' wide glass sliding balcony door. The minimalist kitchen is defined by sleek slab cabinetry, quartz countertops, stainless steel appliances, and a functional island. The primary suite features a walk-through closet to the en-suite bathroom featuring a double vanity and custom tile shower. Owners enjoy access to a comprehensive amenity suite, including a rooftop terrace with a gas grill, fire pit, and lounge seating overlooking the city skyline. The building provides a secure, modern lifestyle with a welcoming lobby, elevator access, a dedicated package room, and indoor bike storage. Building access is managed via the ButterflyMX digital intercom system for remote guest entry, while the off-street parking area has optional EV charging. Limited customization and selections available. This incredible opportunity at an unbeatable price won't last long! Some photos have been virtually rendered.

Getting Around

75
WalkingVery Walkable
67
TransitGood Transit
58
BikeBikeable

Schools

8/10
Hunter Elementary SchoolGrades PK-50.2 mi
7/10
Ligon MiddleGrades 6-80.1 mi
7/10
William G Enloe HighGrades 9-121.5 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Concrete,Slab
  • Roof: Flat
  • Construction materials: Concrete,HardiPlank Type

Type & Style

  • Home type: Condo
  • Architectural style: Modern
  • Property subType: Condominium,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 951

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 951
  • Total interior livable area: 951 sqft

Property

Details

  • Parcel number: 171309067493000 0010650
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes

Lot

  • Lot size: 0.44 Acres

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Hail
Heat Wave

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,174$26,088
Home Insurance *$108$1,296
Property Taxes $247$2,964
Electricity $200$2,405
Total$2,729$32,748
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,565/yr
40% on housing$81,870/yr
45% on housing$72,773/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$452This listing

vs Other Active Listings

Avg $/sqft

ZIP 27601$269
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27601$378
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Price change$430,000
2026-02-18Listed for sale$425,000

For Sale by Agent

AgentCraig Tribus
BrokerageBEYCOME BROKERAGE REALTY LLC

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