Prime Lot Redevelopment Opportunity Near Downtown Cary - 220 N Dixon Avenue Located just steps from vibrant Downtown Cary, this rare offering at 220 North Dixon Avenue presents an incredible opportunity for developers, investors, or homeowners with vision. Set on a spacious 0.59-acre lot, this two-bedroom, one-bathroom home built in 1921 offers charm, location, and untapped potential. This property comes with the opportunity to be purchased alongside the adjacent lot at 216 North Dixon Avenue, creating a combined 1.2 acres of buildable land in one of the most desirable areas of Cary. Preliminary plans for townhome development have already been reviewed through initial city planning, making this an attractive prospect for multi-family or infill development. Enjoy walkable access to Downtown Cary Park, restaurants, shops, and future transit options. Whether you're looking to build your dream home near downtown or develop a multi-unit investment property, this location offers versatility and long-term value. See MLS listing for 216 N Dixon Avenue. Discounts may be considered for parties purchasing both parcels together. Don't miss your chance to own a piece of Cary's growth corridor in this premier location.
For sale
$575,000
220 N Dixon Ave, Cary, NC 27513
2beds
988sqft
Est.:
Single Family Residence, Residential
Built in 1921
0.59 Acres Lot
$553,400 Zestimate®
$582/sqft
$-- HOA
What's special
- 21 days
- on Zillow |
- 727 |
- 24 |
Zillow last checked: 8 hours ago
Listing updated: July 29, 2025 at 07:11am
Listed by:
Kristi Davis 919-964-1601,
Allen Tate/Cary
Source: Doorify MLS,MLS#: 10112312

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Ductless
Features
- Flooring: Hardwood
Interior area
- Total structure area: 988
- Total interior livable area: 988 sqft
- Finished area above ground: 988
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Fencing: Back Yard
- Has view: Yes
Lot
- Size: 0.59 Acres
Details
- Parcel number: 0764226160
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding, Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Cary
Financial & listing details
- Price per square foot: $582/sqft
- Tax assessed value: $355,872
- Annual tax amount: $3,003
- Date on market: 7/28/2025
- Lease term: 12 Months
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