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For sale
  • $515,000

    5416 Chapel Hill Rd, Raleigh, NC 27607

    4beds
    2,970sqft
    : 
    Single Family Residence, Residential
    Built in 1930
    0.49 Acres Lot
    $496,800 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.
    26 days
    |
    4,648
    |
    112
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 29, 2026 at 12:36pm

    Listed by:

    Marika La Sorsa 919-906-9560,

    Coldwell Banker HPW

    Source: Doorify MLS,MLS#: 10141729MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Hardwood, Tile
    • Basement: Exterior Entry, Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,970
    • Total interior livable area: 2,970 sqft
    • Finished area above ground: 2,970
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 078414326783000 0469730
    • Zoning: NX-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick
    • Foundation: Combination
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1930

    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: $173/sqft
    • Tax assessed value: $358,950
    • Annual tax amount: $3,150
    • Date on market: 1/16/2026

    Estimated market value

    $496,800

    $472,000 - $522,000

    $3,947/mo

    Price history

    Price history
    DateEventPrice
    1/16/2026Listed for sale$515,000$173/sqft
    Source: Doorify MLS #10141729 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$3,150 +0.4%$358,950
    2024$3,137 -20%$358,950 +0.3%
    2023$3,922 +46.8%$357,993

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,915/mo
    Principal & interest
    $2443
    Property taxes
    $292
    Home insurance
    $180

      Climate risks

      Neighborhood: West Raleigh

      Nearby schools

      GreatSchools rating
      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.

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