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Lot/land
  • $2,989,990

    517 Buck Jones Rd #39, Raleigh, NC 27606

    --beds
    --baths
    5.18Acres
    Unimproved Land, Land
    Built in ----
    5.18 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions.Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Charles Santos 919-987-5068,

    NorthGroup Real Estate, Inc.

    Source: Doorify MLS,MLS#: 10165568MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 5.18 Acres
      Details
      • Parcel number: 39 pt 40
      • Zoning: R4-FTDO
      • Special conditions: Seller Licensed Real Estate Professional

      Utilities & green energy

      • Sewer: Public Sewer, Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Not Available, Water Connected

      Community & HOA

      Community
      • Subdivision: Roylene Acres
      HOA
      • Has HOA: No
      Location
      • Region: Raleigh

      Financial & listing details

      • Annual tax amount: $10,924
      • Date on market: 5/7/2026
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,373/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$2,989,990-21.8%
        Source: Doorify MLS #10165568 Report a problem
        8/14/2025Listing removed$3,825,000
        Source: Doorify MLS #10097033 Report a problem
        8/14/2025Price change$3,825,000+4%
        Source: Doorify MLS #10097033 Report a problem
        7/25/2025Price change$3,678,900+54.5%
        Source: Doorify MLS #10097033 Report a problem
        5/17/2025Listed for sale$2,380,890-49.6%
        Source: Doorify MLS #10097033 Report a problem
        8/23/2024Listing removed$4,720,000
        Source: Doorify MLS #10032672 Report a problem
        5/31/2024Listed for sale$4,720,000+1258.3%
        Source: Doorify MLS #10032672 Report a problem
        9/2/2021Sold$347,500
        Source: Doorify MLS #2332077 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly 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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: West Raleigh

        Getting around

        44 / 100
        Car-Dependent
        32 / 100
        Some Transit
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Adams
        • Middle: Wake - Lufkin Road
        • High: Wake - Athens Dr

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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