$550,000
 $2,953 est/mo Sourced by Back At You

5605 North Hills Drive,Raleigh, NC 27612

Raleigh, NC 27612

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Description

BACK ON THE MARKET. The previous buyer back out during due diligence for reasons unrelated to the property. Bring us an offer! PRIME MIDTOWN RALEIGH TEARDOWN / REDEVELOPMENT LOT - 0.31-acre R-4 zoned lot with no HOA located in a proven redevelopment corridor just minutes from North Hills. Surrounded by ongoing teardown activity and high-end custom construction, including the adjacent lot currently cleared for new construction, this site offers immediate confirmation of redevelopment momentum. Gently sloped, rectangular lot (approximately 90' × 150') provides an efficient footprint for a new custom build. Public water and sewer available. Lot extends beyond existing rear fence (buyer to verify). Existing 1,924 SF 1973 structure conveys strictly as-is and is being marketed for land value only. Ideal for builder or end-user seeking to replace existing housing stock in a rapidly transitioning area with strong resale support from recent nearby new construction. Convenient access to North Hills, Shelley Lake Park, greenways, shopping, dining, and major commuter routes. Exterior/showings of lot only.

Details

MLS #10161071
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1973
Days On Site133
Listing Provided ByColdwell Banker HPW | Katherine Peterson

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,924
Car PortYes
ZoningR-4
Acreage0.31

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Electric
Rooms Total8

Exterior

RoofShingle
Foundation DetailsCrawlspace
Construction MaterialsBrick Veneer, Vinyl Siding

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value548933
Tax Legal DescriptionLo49 Briarwood N Se1
Tax Year2025
Tax Map Number49

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27612
AreaWake
Community NameBriarwood
School DistrictWake - Sanderson High
Elementary SchoolWake - Lynn Road Elementary
High SchoolWake - Sanderson High
Listing VS Median (in Briarwood)
Price:
$550,000
low | high
Med:
$550,000
50% of Average
sqft:
1,924
low | high
Med:
1,924
50% of Average
$ / sqft:
$286
low | high
Med:
$286
50% of Average
On site:
133
low | high
Med:
133
100% of Average
Sourced by Back At You

Market Activity 27612

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Additional Information


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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27612
AreaWake
Community NameBriarwood
School DistrictWake - Sanderson High
Elementary SchoolWake - Lynn Road Elementary
High SchoolWake - Sanderson High
Listing VS Median (in Briarwood)
Price:
$550,000
low | high
Med:
$550,000
50% of Average
sqft:
1,924
low | high
Med:
1,924
50% of Average
$ / sqft:
$286
low | high
Med:
$286
50% of Average
On site:
133
low | high
Med:
133
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $412K - $687K
sqft: 1,000 - 2,000
Listing Updated: August 6, 2026 at 6:25:22 PM PDT
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