Excellent development opportunity in a prime Raleigh location with seller financing available! Zoned OX-5 with a preliminary site plan for multifamily or up to 10 townhomes. The property includes a natural area ideal for a community garden, pocket park, walking trail, or other landscaped amenity. Recently recombined to 1.634 acres with a recorded right-of-way providing additional access from New Bern Ave. Just minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. The New Bern Ave BRT (Bus Rapid Transit) corridor has recently begun construction. Now is the time to invest in this emerging, transit-oriented health and education district!
Lot/land
$1,050,000
2802 Milburnie Rd Lot 1, Raleigh, NC 27610
--beds
--baths
1.63Acres
Unimproved Land, Land
Built in ----
1.63 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Walking trailPocket park
- 48 days |
- 45 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: February 10, 2026 at 02:04pm
Listed by:
Beth Martin 919-395-5193,
EXP Realty LLC
Source: Doorify MLS,MLS#: 10145535
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 1.63 Acres
Details
- Parcel number: 172417112424000 0016109
- Zoning: OX-5
- Special conditions: Standard
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Annual tax amount: $3,373
- Date on market: 2/10/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Listed for sale | $1,050,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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.
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Neighborhood: East Raleigh
Nearby schools
GreatSchools rating
- 4/10Douglas ElementaryGrades: PK-5Distance: 4.3 mi
- 6/10Martin MiddleGrades: 6-8Distance: 5.6 mi
- 7/10William G Enloe HighGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27610
- North Carolina
- Wake County
- Raleigh
- 27610
- East Raleigh
- 2802 Milburnie Rd Lot 1




