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Take a virtual tour4948 Southern Magnolia Drive
Raleigh, NC 27604Nearly new end-unit townhome offering exceptional value--priced below taxes value--in a convenient Raleigh location near Downtown and the Neuse River Greenway. This 3-bedroom, 3.5-bath home features a bright, open layout where the living, dining, and kitchen areas connect seamlessly to a private deck, creating an ideal space for everyday living and entertaining. The flexible third bedroom works perfectly as a home office, guest suite, or bonus space. As an end unit, the home benefits from added natural light, enhanced privacy, and a larger lot with a backyard that backs to trees--just steps from the neighborhood dog park. Enjoy low-maintenance living with most exterior upkeep handled by the HOA, plus the confidence of a remaining 10-year builder warranty. Buyers also have access to preferred lender programs offering incentives and interest rate discounts, with potential zero-down options available. A strong combination of location, condition, and financial advantage--ready for its next owner.
$339,900
3 bedrooms
3 full, 1 half bathrooms
0.06 acres
1,944 square feet
$175 per square foot
- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N Yes
- Common Walls End Unit, 1 Common Wall
- Construction Materials Concrete, Vinyl Siding
- Exterior Features Rain Gutters, Balcony
- Garage Y/N Yes
- Lot Size Acres 0.06
- Other Parking 1
- Parking Features Garage
- Patio And Porch Features Deck
- Structure Type Townhouse, Site Built
- Above Grade Finished Area 1,944
- Appliances Microwave, Dishwasher, Dryer, Gas Range, Oven, Stainless Steel Appliance(s), Disposal, Range, Refrigerator, Water Heater, Exhaust Fan, Electric Water Heater, Washer
- Cooling Electric, Central Air
- Cooling Y/N Yes
- Flooring Carpet, Tile, Vinyl
- Heating Natural Gas, Central
- Heating Y/N Yes
- Interior Features Granite Counters, Walk-In Shower, Recessed Lighting, Walk-In Closet(s), Open Floorplan, Smooth Ceilings, Kitchen Island
- Laundry Features Laundry Closet, Electric Dryer Hookup, Washer Hookup
- Rooms Total 6
- Association Amenities Dog Park, Maintenance Grounds, Landscaping, Parking, Maintenance
- Association Fee Frequency Monthly
- Association Fee Includes Pest Control, Maintenance Grounds, Maintenance Structure
- Association Y/N Yes
- Builder Name Lennar
- Community Features Sidewalks, Street Lights
- Lot Features Cleared, Landscaped
- Tax Annual Amount 3026.61
- Water Source Public
- Year Built 2021
Additional Property Information
- TypeTownhouse
- Built2021
- NeighborhoodMagnolia Trace
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Beaverdam
- Middle SchoolWake - River Bend
- High SchoolWake - Rolesville
Listing courtesy of The Insight Group. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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©2026 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-05-21T22:03:00.000Z.