$975,000
$75K PRICE DROP

Estimated payment $5,414/month

Total Views 10,644
1.63 Acres
$596,695 Price per Acre
71,177 Sq Ft Lot

Highlights

  • 1.63 Acre Lot
  • Partially Wooded Lot
  • 3-minute walk to Culpepper Circle Park
  • Douglas Elementary Rated A-
  • No HOA

About This Lot

Excellent development opportunity in a prime Raleigh location! Zoned OX-5 with a preliminary site plan for multifamily or up to 10 townhomes. The property includes a natural area ideal for a community garden, pocket park or other landscaped amenity. Recently recombined to 1.634 acres with a recorded right-of-way providing additional access from New Bern Ave. Just minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. The New Bern Ave BRT (Bus Rapid Transit) corridor has recently begun construction. Seller financing is available and now is the time to invest in this emerging, transit-oriented health and education district!

Listing Agent

Beth Martin

EXP Realty LLC License #231113 Listed on: 02/10/2026

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,373

Lot Details

  • 1.63 Acre Lot
  • Partially Wooded Lot
  • Property is zoned OX-5

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 172417112424000 0016109

Property Details

Property Type

Land

Est. Annual Taxes

$3,373

Lot Details

1.63 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Mixed Use

Exterior Features

  • Acres: 1.634

Utilities

  • Utilities: Electricity Available, Electricity Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: OX-5
  • Lot Dimensions: see available plat
  • Lot Size Sq Ft: 71177.04
  • ResoLotSizeUnits: Acres
  • Parcel #: 172417112424000 0016109

Tax Info

  • Tax Annual Amount: 3373.41
  • Tax Year: 2025
  • Tax Map Number: 3

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $386,814 $386,814 --
2024 $3,359 $386,814 $386,814 $0
2023 $2,783 $255,297 $255,297 $0
2022 $2,585 $255,297 $255,297 $0
2021 $2,484 $255,297 $255,297 $0
2020 $2,439 $255,297 $255,297 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 Price Changed $975,000 -7.1% --
02/10/2026 02/10/26 For Sale $1,050,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Source: Doorify MLS

MLS Number: 10145535

Doorify MLS

APN: 1724.17-11-2424-000

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