531 Princeton St, Raleigh, NC 27609

$625,000
3
BD
3
BA
1,558
SqFt

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Seller Representative Capstone Real Estate Services

Buyer Representative

Sold Price
$625,000
List Price
$639,000
Closing Date
Jun 11, 2026
Status
CLOSED
MLS#
10159544
Bedrooms
3
Bathrooms
3
Full-baths
3
Living Area
1,558
Lot Size
11,761
Subdivision
Lakemont
Neighborhood
Lakemont
Year Built
1965
Acres
0.27

Property Description

Seller offering a mortgage buy down. Discover incredible value in one of Midtown Raleigh's most sought after neighborhoods. This beautifully maintained Lakemont home offers 1,558 sq ft of flexible living space, freshly painted interiors, and a prime location just minutes from North Hills, and top dining and shopping. Step inside to a bright, welcoming layout with multiple living areas that offer versatility for today's lifestyle--perfect for a home office, playroom, or cozy den. The kitchen features timeless white cabinetry, granite counters, and a functional design that opens to the dining area for easy everyday living. The home includes three spacious bedrooms and three full baths, providing comfort and privacy for family or guests. The primary suite features an updated bath and great natural light. Fresh interior paint throughout creates a clean, move in ready feel. Outside, enjoy a large backyard with mature trees and space for gardening, pets, or outdoor entertaining. The lot offers privacy and character, with room to personalize and make it your own. The exterior brick provides classic charm and a durable, low maintenance finish. Additional highlights include: •Quiet street in a walkable, established neighborhood • Minutes to North Hills, Midtown East, and major commuter routes • Updated kitchen and baths • Garage & extra parking • extra storage 10 x 8 shed and a pull-down attic space • Fresh interior paint (2024) A rare opportunity to own a well maintained home in Lakemont at an exceptional price. Move in now and update over time, or enjoy it as-is in one of Raleigh's most desirable locations. Seller offering up to $10,000 toward a 2-1 mortgage rate buy-down or buyer's closing costs with acceptable offer. Listing agent is a partial owner in the home.

Additional Information

Style
Ranch, Traditional
Foundation
Crawl Space
Interior Features
Bookcases, Crown Molding, Double Vanity, Granite Counters, Laminate Counters, Open Floor Plan, Recessed Lighting, Storage, Bar-Wet, Bathtub/Shower Combination, Radon Mitigation System, Smooth Ceilings
Accessibility Features
Level Flooring
Exterior Features
Courtyard, Fire Pit, Lighting, Private Yard, Rain Gutters, Storage, Uncovered Courtyard, Fenced Yard
Elementary School
Wake - Douglas Elementary
Middle School
Wake - Carroll Middle
High School
Wake - Sanderson High
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Garage Spaces
1
Water
Public
Flooring
Tile, Hardwood, Laminate
Roof
Asphalt, Membrane, Shingle, Architectural
Heating
Forced Air, Natural Gas, Natural Gas

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

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 .