Urban Place at Five Points is a townhome community in the Five Points neighborhood of Raleigh, inside the beltline. Five Points is one of the few Raleigh addresses where walkability is a real feature rather than a listing adjective — and new construction here is scarce enough that a handful of townhomes is news.
Five Points Is a Walking Neighborhood
The intersection Five Points is named for carries a theatre, restaurants and neighborhood retail that residents genuinely walk to. That is unusual in a city built around cars, and it is what supports the price on a 1,900 square foot townhome here versus twice the space further out.
Homes currently listed run roughly 1,898 to 2,121 square feet, built in 2025 on Havenmont Court and Urban Trace Lane.
Three ITB Townhome Collections, Compared
Three new luxury townhome communities are now selling inside the beltline, and they are not interchangeable. Buyers touring one should see all three, because the neighborhoods differ far more than the floor plans do.
| Community | Neighborhood | The draw |
|---|---|---|
| Urban Place at Five Points | Five Points | Walkable retail and restaurants |
| Oberlin Heights | Hayes Barton adjacent | Brownstone design, Village District walk |
| Idyle | Downtown, S Bloodworth St | Net-zero-ready construction |
What a Townhome Costs You Inside the Beltline
Buying attached inside the beltline means accepting a shared wall and a small or non-existent yard in exchange for an address that detached inventory at the same price cannot reach. It is a rational trade for a specific buyer and a bad one for another, and it is worth being honest with yourself about which you are before you tour.
Buying at Urban Place With the Tim M. Clarke Team
Small townhome communities live or die on the HOA documents — the budget, the reserve study and where the association's responsibility for the building envelope begins and ends. We read those before you fall for a kitchen.
Related reading: how Triangle lot rules actually work, how negotiation works in a North Carolina contract, and what the due diligence period really covers.
