Residential Land with Home for Sale in Raleigh, North Carolina

Rare opportunity in a highly sought-after lake area surrounded by newer multi-million-dollar homes. This charming cottage is positioned on a large, private parcel just a short walk to Falls Lake-offering exceptional flexibility as a weekend retreat, second home, or long-term investment with future custom build potential. Enjoy the best of both worlds: peaceful lake-area living paired with quick access to I-540, the Triangle, employment centers, schools, and shopping. The expansive yard provides privacy and room to gather-ideal for football weekends, lake days, or simply enjoying the setting. The existing home may be enjoyed as-is while preserving the underlying value of the land, or thoughtfully reimagined over time to align with surrounding luxury properties (subject to applicable approvals). Opportunities combining walkability to a major lake, a large lot, and a premium location are increasingly rare. Schools subject to change; buyers to verify with WCPSS.