$599,000
 $3,216 est/mo Sourced by Back At You

1011 Oberlin Road,Raleigh, NC 27605

Raleigh, NC 27605

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Description

A rare opportunity to secure a premier parcel in one of Raleigh's most desirable and established locations. This exceptional property offers approved plans for a four-unit building, with construction drawings already prepared, providing a valuable head start for developers and investors looking to move quickly on a high-demand project. In a market where time, entitlement progress, and location matter more than ever, opportunities like this are increasingly scarce. The site is ideally suited for those looking to capitalize on strong demand for well-located housing in the urban core. Whether the vision is boutique residences, investment holdings, or resale opportunities, much of the preliminary work has already been completed to help accelerate the path forward. For buyers seeking a custom residential homesite, the parcel also presents an outstanding opportunity for a stunning single-family residence. Build a tailored home in a location where new construction options are limited and surrounded by some of Raleigh's most iconic neighborhoods. Perfectly positioned near the Village District, the property offers immediate access to some of the city's best shopping, dining, coffee shops, fitness studios, and everyday conveniences. Enjoy close proximity to Downtown Raleigh, Glenwood South, Five Points, NC State University, and major commuter routes, all while being tucked into a location known for its charm, walkability, and enduring value. Whether for development, investment, or a dream home, this is a chance to create something special in the heart of Raleigh.

Details

MLS #10163240
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site125
Listing Provided ByCompass -- Cary | Annette Holt

Features

ZoningR-10
Acreage0.23

Utilities

UtilitiesSewer Available, Water Available
SewerPublic Sewer

Taxes

Tax Assessed Value504963
Tax Legal Description1011 Oberlin Road
Tax Year2025

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27605
AreaWake
Community NameNot in a Subdivision
School DistrictWake - Needham Broughton High
Elementary SchoolWake - Olds Elementary
High SchoolWake - Needham Broughton High
Listing VS Median (in Not in a Subdivision)
Price:
$599,000
low | high
Med:
$395,000
84.056761268781% of Average
On site:
125
low | high
Med:
102
100% of Average
Sourced by Back At You

Market Activity 27605

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27605
AreaWake
Community NameNot in a Subdivision
School DistrictWake - Needham Broughton High
Elementary SchoolWake - Olds Elementary
High SchoolWake - Needham Broughton High
Listing VS Median (in Not in a Subdivision)
Price:
$599,000
low | high
Med:
$395,000
84.056761268781% of Average
On site:
125
low | high
Med:
102
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $449K - $748K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1015 Oberlin Road Property Photo 1
$2,600
1015 Oberlin Road
Raleigh, NC 27605
909 Oberlin Road Property Photo 1
$1,800,000
909 Oberlin Road
Raleigh, NC 27605
1008 Parker Street Property Photo 1
$598,500
1008 Parker Street
Raleigh, NC 27607
Listing Updated: July 17, 2026 at 9:57:16 PM PDT
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