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$319,900
2 Beds ⋅ 3 Baths ⋅ 10192191 MLS ⋅ ACTIVE Status
Looking for a move-in-ready home in Raleigh under $320K? This 2-bedroom, 2.5-bath townhome offers 1,463 square feet of comfortable living space, a private garage and valuable updates that mean less to tackle after move-in. Fresh interior paint, new carpet and a new HVAC system create a clean, well-maintained home that's ready from day one. The main level features an open, easy-flowing layout with plenty of space for everyday living and entertaining. Upstairs, two generously sized bedrooms each offer their own private bath—an ideal setup for a primary suite plus home office, roommates, guests or anyone who simply wants a little extra privacy and flexibility. Outside, enjoy the benefits of townhome living without spending weekends maintaining a large yard. The community offers a pool and clubhouse, while the convenient Raleigh location provides easy access to Cary, NC State, I-40, shopping, dining and Downtown Raleigh. For buyers looking to put down roots without taking on a renovation project—or stretching their budget for more house than they need—5508 Cottonrose Lane offers a smart combination of location, updates, space and value at $319,900.

5508 Cottonrose Ln, Raleigh
$325,000
2 Beds ⋅ 3 Baths ⋅ 10150647 MLS ⋅ ACTIVE Status
This sparkling-clean, one-owner townhome has never been rented and has been exceptionally cared for from day one. Pride of ownership is evident throughout, with site-finished hardwood floors across the main level, classic crown molding, a finished one-car garage, and an interior that has been gently lived in and meticulously maintained. The home offers a wonderful opportunity to make it your own while enjoying the confidence of thoughtful improvements already completed. HVAC, refrigerator and washing machine were replaced in 2017, and the HOA installed a new roof in 2021. The location and lifestyle are hard to beat! Enjoy fantastic neighborhood amenities, including an impressive pool and clubhouse built by Highland Construction, plus sidewalk access directly from the neighborhood to Lake Johnson for walking, running, biking and enjoying the outdoors. Conveniently located near NC State, shopping, dining, downtown Raleigh and major commuter routes, this is an excellent option for an owner occupant, student housing investment or long-term rental opportunity. Now offered at an even better value after a $10,000 price improvement! Meticulously maintained, ideally located and ready for its next owner.

4609 Asterwood Dr, Raleigh

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .