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Lot/land
    • $975,000

    2802 Milburnie Road, Raleigh, NC 27610

    --beds
    --baths
    1.63Acres
    Unimproved Land
    Built in ----
    1.63 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Natural area
    Exceptional development opportunity in a rapidly evolving Raleigh corridor! This 1.634-acre site is zoned OX-5 and offers outstanding flexibility with a preliminary site plan supporting multifamily development or up to 10 townhomes. A recorded right-of-way provides additional access from New Bern Avenue, enhancing connectivity and future potential. The property also features a natural area that could serve as a community garden, pocket park, or other thoughtfully designed green space. Ideally located just minutes from WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail, the site is positioned to benefit from the ongoing transformation of the New Bern Avenue Bus Rapid Transit (BRT) corridor, where construction is now underway. Seller financing is available, making this a compelling opportunity to invest in Raleigh's growing transit-oriented health and education district.
    168 days
    |
    25
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Martin,

    EXP Realty LLC

    Source: eXp Realty,MLS#: 10145535

      Facts & features

      Property

      Features
      • Has view: Yes
      Lot
      • Size: 1.63 Acres
      Details
      • Parcel number: 172417112424000 0016109
      • Zoning: OX-5
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Sewer Available

      Community & HOA

      Community
      • Subdivision: Not in a Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Raleigh

      Financial & listing details

      • Tax assessed value: $386,814
      • Annual tax amount: $3,373
      • Date on market: 2/10/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,821/mo

        Price history

        DateEventPrice
        4/7/2026Price change$975,000-7.1%
        Source: eXp Realty #10145535 Report a problem
        2/10/2026Listed for sale$1,050,000
        Source: eXp Realty #10145535 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,373 +0.4%$386,814
        2024$3,359 +20.7%$386,814 +51.5%
        2023$2,783 +7.7%$255,297
        2022$2,585 +4.1%$255,297
        2021$2,484 +1.9%$255,297
        2020$2,439 +126%$255,297 +174.2%
        2019$1,079 $93,093
        2018$1,079 +11.4%$93,093
        2017$968 +2.1%$93,093
        2016$948 -1.3%$93,093 +0.3%
        2015$961 $92,784
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: East Raleigh

        Getting around

        42 / 100
        Car-Dependent
        44 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake County Schools
        • Middle: Wake County Schools
        • High: Wake County Schools

        Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

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