Exceptional opportunity to acquire approximately 5.87 acres with strong residential development potential in the heart of Downtown Clayton. The offering consists of two parcels: 515 Central Street (0.84 acres ±), which includes an abandoned/condemned home, and Lot 2 Hillcrest Circle (5.03 acres ±). The property offers road frontage and access to city water and sewer with sewer infrastructure already in place, making it an attractive candidate for residential development. Lot 2 Hillcrest Circle is zoned RHD (Residential High Density), while 515 Central Street is zoned RLL (Residential Large Lot), providing flexibility for future planning and development. Can be purchased with 7.07 acre parcel that adjoins these parcels, for almost 13 acres to develop! Contact LA for details. These parcels are ideally situated just off Main Street, the property enjoys convenient access to Downtown Clayton's restaurants, shops, entertainment, and amenities, as well as Business Highway 70 for easy commuting throughout the Triangle region. Rarely does a development tract of this size and location become available within Clayton's thriving downtown area. Builders and developers should explore the potential for a high-demand residential community in one of Johnston County's fastest-growing markets.
Lot/land
Price cut: $65K (8/27)
$385,000
515 Central St, Clayton, NC 27520
--beds
1baths
5.87Acres
Unimproved Land
Built in ----
5.87 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Road frontage
- 119 days
- 160
- 5
Zillow last checked:
Listing updated:
Listed by:
Terri Perry 919-625-8107,
National Land Realty Central NC MLS LLC
Source: Doorify MLS,MLS#: 10174644
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Property
Lot
- Size: 5.87 Acres
- Features: Many Trees, See Remarks, Wetlands, Wooded, Hardwood Trees
- Residential vegetation: Brush, Heavily Wooded, Wooded
Details
- Additional structures: See Remarks
- Parcel number: 05E99199A
- Zoning: RES
- Special conditions: Standard
Utilities & green energy
- Sewer: Other, Public Sewer, Septic Tank
- Water: Public, Well
- Utilities for property: Electricity Available, Sewer Available, See Remarks, Water Available
Community & HOA
Community
- Features: Curbs
HOA
- Has HOA: No
Location
- Region: Clayton
Financial & listing details
- Tax assessed value: $200,000
- Annual tax amount: $1,697
- Date on market: 6/17/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $385,000-14.4% |
Source: | ||
| 6/17/2026 | Listed for sale | $450,000+675.9% |
Source: | ||
| 12/1/1999 | Sold | $58,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $405 +19.4% | $40,050 +56.1% |
| 2024 | $339 +2.3% | $25,660 |
| 2023 | $331 -62.4% | $25,660 -61.2% |
| 2022 | $880 +1.5% | $66,180 |
| 2021 | $867 -2.2% | $66,180 |
| 2020 | $887 | $66,180 |
| 2019 | $887 -6.8% | $66,180 -5.4% |
| 2018 | $951 +2.3% | $69,940 |
| 2017 | $930 | $69,940 |
| 2016 | $930 | $69,940 |
| 2015 | $930 +1.9% | $69,940 |
| 2014 | $913 | $69,940 |
| 2013 | -- | $69,940 |
| 2012 | -- | $69,940 |
| 2011 | -- | $69,940 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 27520
Nearby schools
Schools provided by the listing agent
- Elementary: Johnston - Cooper Academy
- Middle: Johnston - Riverwood Middle
- High: Johnston - Clayton High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







