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Raleigh

Raleigh

Raleigh is North Carolina’s lively capital. Southern charm, a thriving arts and culture scene, and exciting educational opportunities await in this city which, together with Durham and Chapel Hill, make up the highly urbanized area called the Research Triangle. Whether you’re looking to find luxury homes for sale in Raleigh or just exploring what the city has to offer, this guide will provide you with comprehensive insights into what makes Raleigh a fantastic place to live, work, and play.

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WELCOME TO RALEIGH, NC!

Raleigh is located in the northeastern central region of North Carolina, approximately 25 to 27 miles southeast of Durham and Chapel Hill. The city covers a total area of nearly 150 square miles, bordered by communities such as Cary, Apex, and Wake Forest. As of the latest census, Raleigh boasts a population of around 480,000 residents, making it the second-largest city in North Carolina. People are continuously drawn to Raleigh due to its reputation as an educational hub as well as its strong job market and impressive real estate landscape.

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Raleigh

What Raleigh is known for

Raleigh is best known as one of the three cities that compose the famous Research Triangle, one of the region’s prominent tech, education centers and pharmaceutical industries. A number of both private and public colleges and universities are located within the city, most notably North Carolina State University, a leading research university in the country. Meanwhile, the Research Triangle Park is just northwest of the city. But Raleigh is also a city that knows how to play. After all, it’s a college town! Often referred to as the “City of Oaks,” Raleigh is home to over 8,000 acres of parkland, with more than 200 parks (such as Umstead State Park and Pullen Park) spread across and around the city. Many of these are open to Raleigh’s four-legged residents. And let’s not forget the city’s historic oak trees, many of which line the streets of downtown Raleigh. Outdoor recreation aside, Raleigh also plays host to a number of museums, performing arts centers, and spectator sports.

A brief history of Raleigh

Raleigh has a rich history that dates back to its founding in 1792. Named after writer and explorer Sir Walter Raleigh, the city was designed as the capital of North Carolina and has served as the state’s political and cultural center ever since. Throughout the 19th and 20th centuries, Raleigh grew from a small town into a bustling city thanks to the arrival of the railroad and the establishment of educational institutions like North Carolina State University. In 1959, the Research Triangle Park was opened to the public and was followed by a steady increase in population. Since then, many developments have improved the overall quality of life in the city and provided the growing populace with several different spaces and attractions. Today, Raleigh’s historic districts and landmarks reflect its storied past, while its modern skyline and amenities showcase its vibrant present. The city continues to develop its cultural, business, and real estate to meet the changing demand of the 2020s and beyond.

REAL ESTATE IN RALEIGH, NC

Raleigh Raleigh is home to an ever-expanding real estate market that consists of different typologies, from townhomes and condos to luxury homes for sale. Single-family homes comprise nearly half of the market, followed by apartment complexes and townhomes. And due to Raleigh’s nature as a college town and tech hub, it’s easy to see why home ownership rates are split down the middle, with half of the market occupied by tenants. When it comes to age, properties in Raleigh were either built in between the 1970s and the 1990s or the 2000s, with the market featuring a fair number of new construction. Architectural variety is another thing to expect as one explores Raleigh real estate, marking the passage of time. Some of the styles you can find as you explore luxury homes for sale in the city include English and Craftsman cottages from (or inspired) by the early 20th century, stately Georgian Revivals with circular driveways, modern farmhouses, and trendy Mid-century Modern homes.

The most popular communities in Raleigh, NC

From historic neighborhoods to contemporary communities, Raleigh presents a variety of living experiences that cater to different lifestyles. This overview highlights the key neighborhoods that contribute to Raleigh’s diverse and dynamic real estate market. Oakwood Oakwood or Historic Oakwood, one of Raleigh’s oldest neighborhoods, is renowned for its beautifully preserved Victorian-era homes and oak tree-lined streets. People also love its close proximity to downtown Raleigh, making it an ideal location for anyone who appreciates historic preservation and easy access to the city center. Some of the architectural styles one can find in Oakwood include Neoclassical Revival, Foursquare, and Queen Anne– all styles were popular in the early 20th century. Home prices in Oakwood typically start around $500,000 and can go up to over $1 million. Inquire about homes for sale in this neighborhood Village District The Village District (also known more traditionally as Cameron Village) is another historic neighborhood with a mix of updated and newly constructed homes. Located on the western side of downtown, it’s near the North Carolina State University campus. The Village District Shopping Center which has been active for decades provides a great place to get brunch or do groceries. The Village District also has access to popular parks such as Pullen Park and Raleigh Little Theater Rose Garden. Luxury homes for sale in this part of Raleigh include brick condos and spacious single-family homes in a wide range of early 20th century architecture styles like Georgian and American Foursquare. Lot sizes here also tend to be larger, perfect for homebuyers who want space to grow. Inquire about homes for sale in this neighborhood Glenwood South Glenwood South, a trendy area known for its vibrant nightlife and eclectic mix of restaurants and bars, is popular among young professionals who enjoy a dynamic, social environment with plenty of entertainment options. Renovated historical homes and luxury condos can be found here. Offering several different types of homes, Glenwood South also has a neighborhood association of residents and merchants that work together to ensure continued communication and collaboration. This is a highlight given the area is home to art studios, restaurants, and many other businesses catering to greater Raleigh. Inquire about homes for sale in this neighborhood Sunset Hills One of Raleigh’s Beltline neighborhoods, luxury homes for sale in Sunset Hills are a treat for those with an eye and interest in design. It is said that no two homes in Sunset Hills are alike. Though these properties tend to lean on the traditional side in terms of architecture, it’s almost a given for a Sunset Hill home to feature some special touches or design variations. Many of these properties were built in the 1950s, but people can also find an array of newer construction from the 2000s. Another notable characteristic of Sunset Hills is that despite its proximity to downtown Raleigh, the neighborhood is quiet and serene. Home prices in Sunset Hills range from mid $600,000 to over $3 million. Inquire about homes for sale in this neighborhood Five Points One of Raleigh’s most popular neighborhoods is also among its highly coveted: Five Points. Vestiges of its history are still evident throughout the community; they come in the form of turn-of-the-century luxury homes reminiscent of estates in the English countryside, framed by dogwood and oak trees. For those with more contemporary tastes, Five Points also features Mid-century Modern and modern farmhouse-style townhomes. Properties for sale typically start at the mid $700,000s. In terms of lifestyle, Five Points has everything– and then some. The neighborhood is a base for local breweries and restaurants, many of which are within walking distance from each other. Five Points itself is park-like in appearance, with tree shade covering nearly most of the area. Inquire about homes for sale in this neighborhood

LIFE IN RALEIGH, NC

With its beautiful green spaces, diverse neighborhoods, and vibrant cultural scene– to name a some of the city’s greatest strengths– Raleigh provides an ideal balance of urban energy and relaxed living, making it a prime destination for professionals and families alike. Raleigh

Education

The Wake County Public School System, one of the largest school districts in the country, serves Raleigh and offers a wide range of academic programs and extracurricular activities. Top-rated elementary, middle, and high schools underneath its umbrella include: Raleigh is also home to notable private schools, including Ravenscroft School, a co-educational day school in North Raleigh, and the TK-12 Trinity School. For higher education and further studies, opportunities abound in Raleigh. There’s the aforementioned North Carolina State University (NC State), one of the Research Triangle’s crowning glories. Other options in the city include William Peace University and Shaw University.

Shopping and retail

Raleigh’s shopping scene features a mix of high-end boutiques, large shopping centers, unique local shops, and bustling markets. For shopping centers and malls, there’s Crabtree Valley Mall, one of the largest shopping malls in the Southeast. It has over 200 stores and restaurants, including Macy’s, Belk, and H&M, as well as luxury brands like Michael Kors and Coach. Then there’s North Hills, known as Raleigh’s “Midtown,” a mix-use development that has high-end retailers like Anthropologie, Lululemon, and J.Crew, as well as local boutiques. North Hills also hosts events like farmers markets and outdoor concerts. In downtown Raleigh, look out for Deco Raleigh, where you can purchase locally made gifts and home decor, and Edge of Urge, a boutique that specializes in handmade jewelry, clothing, and accessories. In the Five Points neighborhood, check out Nofo @ the Pig, a quirky shop located in a former Piggly Wiggly, and The Flourish Market, which offers ethically made clothing and gifts. Antique shops and vintage stores can also be found in Five Points.

Cultural attractions and events

Raleigh is a city rich in cultural attractions and events, offering residents a wide array of experiences that celebrate art, history, music, and more. There’s never a shortage of things to do and see here.
  • North Carolina Museum of Art. One of the premier art museums in the Southeast, the North Carolina Museum of Art features an extensive collection of American, European, African, and contemporary art. It features permanent and rotating exhibitions, outdoor art park and trails, concerts, films, and educational programs. It even has a cafe for culinary experiences unique to North Carolina.
  • Contemporary Art Museum (CAM Raleigh). This is a contemporary art museum showcasing cutting-edge work by living artists. Aside from rotating exhibits, it often has educational programs and events that focus on current trends and issues in contemporary art. The museum is open Friday through Sunday with free admission.
  • Marbles Kids Museum. This one is for the kids. Marbles is an interactive museum designed to engage children in play-based learning. With hands-on exhibits, an IMAX theater, and special programs for kids and families, it’s a beloved place for family bonding in Raleigh.
  • North Carolina State Fair. Founded in 1853 and held in Raleigh every year, the North Carolina State Fair is a celebration of the state and its agricultural background. With over a million visitors each year, it’s certainly something to look forward to. With rides, games, livestock shows, agricultural exhibits, concerts, and a wide variety of food vendors, in recent years the NC State Fair has begun donating food to hunger relief as well.

Dining

Raleigh boasts a diverse and dynamic dining scene that caters to a wide range of tastes and preferences. From upscale fine dining to casual eateries and food trucks, the city offers a rich culinary experience. Here are some of the best restaurants that residents love.
  • Second Empire Restaurant and Tavern. Located in a historic Victorian mansion, Second Empire offers an upscale dining experience with a focus on fine American cuisine. It features seasonal menus, an extensive wine list, and impeccable service. The Tavern offers a more casual atmosphere with the same high-quality food.>
  • Bida Manda. A popular Laotian restaurant, Bida Manda combines traditional flavors with contemporary presentation. Their signature dishes include crispy pork belly soup, green papaya salad, and ginger pork ribs. The ambiance is warm and inviting, with a focus on community and hospitality.
  • Irregardless Café. Known for its farm-to-table approach and vegetarian-friendly menu, Irregardless Café is a Raleigh staple. It has brunch favorites including eggs benedict, avocado toast, and an extensive selection of vegetarian and vegan options.
  • Whiskey Kitchen. It can’t be the south without whiskey. Whiskey Kitchen is a bar and restaurant that focuses on whiskey and Southern cuisine. Check out their extensive whiskey selection, craft cocktails, and a menu that includes Southern classics like fried chicken and shrimp and grits.
  • Death and Taxes. One of chef Ashley Christensen’s restaurants in Raleigh, Death and Taxes is a shrine for wood-fire cooking featuring meat and fresh local produce. Guests can see culinary magic unfold through the restaurant’s open kitchen as they sip on inventive specialty cocktails.

Outdoor recreation

From expansive parks and scenic trails to serene lakes and exciting outdoor events, Raleigh provides a diverse array of activities to enjoy the great outdoors aside from its luxury homes for sale.
    • Pullen Park. One of the oldest amusement parks in the country, Pullen Park offers a variety of recreational activities such as its historic carousel, miniature train rides, pedal boats, playgrounds, tennis courts, and picnic areas. The park also hosts Theatre in the Park, which offers live performances throughout the year.
    • Lake Johnson Park. This popular park is centered around Lake Johnson, offering a variety of water-based (and land-based) activities. People can enjoy boating, fishing, kayaking, paddleboarding, 5.4 miles of greenway trails, and a fitness trail. The park also offers boat rentals and a community center.
Raleigh
  • American Tobacco Trail. A 22.6-mile rail-trail that runs from Durham to Apex, passing through western Raleigh, this one is for those adventurous and looking to get a bit more out of their outdoor activities. It’s ideal for walking, running, biking, and horseback riding. The trail offers beautiful scenery, including wooded areas, wetlands, and open fields.

DISCOVER YOUR DREAM HOME IN RALEIGH, NC

Raleigh is a dynamic and welcoming community that offers a high quality of life, excellent educational opportunities, and a vibrant cultural scene. Our team of real estate professionals at Property Specific Realty is dedicated to helping you find your dream luxury home in Raleigh. Our realtors have years of experience and want to help you reach your real estate goals. Let’s talk about the next steps in your real estate journey. For a personalized consultation, get in touch with Property Specific Realty at 919.307.7767 or submit a contact form here.

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