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Lot/land
  • $2,989,990

    517 Buck Jones Rd #39, Raleigh, NC 27606

    --beds
    --baths
    5.18Acres
    Unimproved Land, Land
    Built in ----
    5.18 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions.Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.
    37 days
    |
    109
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Charles Santos 919-987-5068,

    NorthGroup Real Estate, Inc.

    Source: Doorify MLS,MLS#: 10165568MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 5.18 Acres
      Details
      • Parcel number: 39 pt 40
      • Zoning: R4-FTDO
      • Special conditions: Seller Licensed Real Estate Professional

      Utilities & green energy

      • Sewer: Public Sewer, Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Not Available, Water Connected

      Community & HOA

      Community
      • Subdivision: Roylene Acres
      HOA
      • Has HOA: No
      Location
      • Region: Raleigh

      Financial & listing details

      • Annual tax amount: $10,924
      • Date on market: 5/7/2026
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,373/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$2,989,990-21.8%
        Source: Doorify MLS #10165568 Report a problem
        8/14/2025Listing removed$3,825,000
        Source: Doorify MLS #10097033 Report a problem
        8/14/2025Price change$3,825,000+4%
        Source: Doorify MLS #10097033 Report a problem
        7/25/2025Price change$3,678,900+54.5%
        Source: Doorify MLS #10097033 Report a problem
        5/17/2025Listed for sale$2,380,890-49.6%
        Source: Doorify MLS #10097033 Report a problem
        8/23/2024Listing removed$4,720,000
        Source: Doorify MLS #10032672 Report a problem
        5/31/2024Listed for sale$4,720,000+1258.3%
        Source: Doorify MLS #10032672 Report a problem
        9/2/2021Sold$347,500
        Source: Doorify MLS #2332077 Report a problem

        Public tax history

        Tax history is unavailable.

        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.

        Climate risks

        Neighborhood: West Raleigh

        Getting around

        44 / 100
        Car-Dependent
        32 / 100
        Some Transit
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Adams
        • Middle: Wake - Lufkin Road
        • High: Wake - Athens Dr

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

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