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Residential Land for Sale in Raleigh, North Carolina

1011 Oberlin Rd, Raleigh, NC 27605

$599,000
0.23 acres
Active sale
ago
Est $4,408/mo

A rare opportunity to secure a premier parcel in one of Raleigh's most desirable and established locations. This exceptional property offers approved plans for a four-unit building, with construction drawings already prepared, providing a valuable head start for developers and investors looking to move quickly on a high-demand project. In a market where time, entitlement progress, and location matter more than ever, opportunities like this are increasingly scarce. The site is ideally suited for those looking to capitalize on strong demand for well-located housing in the urban core. Whether the vision is boutique residences, investment holdings, or resale opportunities, much of the preliminary work has already been completed to help accelerate the path forward. For buyers seeking a custom residential homesite, the parcel also presents an outstanding opportunity for a stunning single-family residence. Build a tailored home in a location where new construction options are limited and surrounded by some of Raleigh's most iconic neighborhoods. Perfectly positioned near the Village District, the property offers immediate access to some of the city's best shopping, dining, coffee shops, fitness studios, and everyday conveniences. Enjoy close proximity to Downtown Raleigh, Glenwood South, Five Points, NC State University, and major commuter routes, all while being tucked into a location known for its charm, walkability, and enduring value. Whether for development, investment, or a dream home, this is a chance to create something special in the heart of Raleigh.

Location

Street address
1011 Oberlin Rd
Elevation
413 feet
Coordinates
35.7969, -78.6607

Property details

Lot size
0.23 acres10,019 sq ft
Zoning
R-10
MLS #
DMLS 10163240
Posted

Property taxes

2025
$4,444

Parcels

  • 170409056102000 0071734

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Grassed

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
Wake - OldsElementary
Wake - OberlinMiddle
Wake - BroughtonHigh

Listing history

DateEventPriceChangeSource
May 21, 2026Price drop$599,000$76,000 -11.3%DMLS
May 19, 2026New listing$675,000DMLS
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This 0.23-acre property is located at 1011 Oberlin Rd in Raleigh, NC 27605. The property is available for sale for $599,000.

Listed by Compass - Cary, (212) 913-9058

Checked 1 hour agoUpdated Source

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