Forest Hills Redevelopment Opportunity | New Build Potential Rare investor and builder opportunity in Raleigh's coveted Forest Hills neighborhood, just minutes from the Village District and Downtown Raleigh. This generous homesite offers multiple possibilities — renovate the existing home, pursue a teardown, or build new. Existing plans, project documentation and permits are available for closing, giving buyers a head start on the seller's vision for a striking modern residence. Rendering shown is the seller's proposed home and is for illustrative purposes only. The prime location puts you close to the Village District, NC State, parks, dining, shopping, and major commuter routes. Looking for even more potential? An adjacent parcel is also available, creating the opportunity to acquire two side-by-side properties for multiple new builds, a larger homesite, or a private estate. Home is being sold as-is.
For sale
Price cut: $40K (7/15)
$715,000
2603 Van Dyke Ave, Raleigh, NC 27607
6beds
4,077sqft
Single Family Residence, Residential
Built in 1945
9,147 Square Feet Lot
$683,500 Zestimate®
$175/sqft
$-- HOA
What's special
Generous homesite
- 97 days
- 1,814
- 65
Zillow last checked:
Listing updated:
Listed by:
Jason Queen 919-606-2905,
Monarch Realty Co.
Source: Doorify MLS,MLS#: 10169745
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- See Remarks
Cooling
- None
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 4,077
- Total interior livable area: 4,077 sqft
- Finished area above ground: 4,077
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached, Open
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Has view: Yes
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 079416848446000 0025577
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Unknown
- Foundation: Combination, Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $659,510
- Annual tax amount: $5,771
- Date on market: 5/26/2026
Estimated market value
$683,500
$649,000 - $718,000
$4,746/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $715,000-5.3%$175/sqft |
Source: | ||
| 5/26/2026 | Listed for sale | $755,000+31.3%$185/sqft |
Source: | ||
| 5/18/2026 | Sold | $575,000-4.2%$141/sqft |
Source: | ||
| 2/2/2026 | Pending sale | $600,000$147/sqft |
Source: | ||
| 1/16/2026 | Listed for sale | $600,000$147/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,772 +0.4% | $659,510 |
| 2024 | $5,748 -2.1% | $659,510 +22.8% |
| 2023 | $5,874 +7.6% | $537,065 |
| 2022 | $5,458 | $537,065 |
| 2021 | -- | $537,065 |
| 2020 | -- | $537,065 +5.7% |
| 2019 | -- | $508,230 |
| 2018 | -- | $508,230 |
| 2017 | $5,307 +2.1% | $508,230 |
| 2016 | $5,198 -6% | $508,230 -4.5% |
| 2015 | $5,528 +5.4% | $531,946 |
| 2014 | $5,243 | $531,946 |
| 2013 | -- | $531,946 |
| 2012 | -- | $531,946 |
| 2011 | -- | $531,946 |
| 2010 | -- | $531,946 |
| 2009 | -- | $531,946 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Wade
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Olds Elementary
- Middle: Wake - Martin Middle
- High: Wake - Needham Broughton High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







