Images
Map
Street
Residential Land for Sale in Raleigh, North Carolina
2802 Milburnie Rd, Raleigh, NC 27610
$975,000
1.63 acres
Active sale
$75k drop
Est $6,854/moExcellent development opportunity in a prime Raleigh location! 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 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. Seller financing is available and now is the time to invest in this emerging, transit-oriented health and education district!
Location
- Street address
- 2802 Milburnie Rd
- County
- Wake County
- Elevation
- 196 feet
Property details
- Acreage
- 1.63 acres
- Zoning
- OX-5
- MLS #
- DMLS 10145535
- Posted
Property taxes
- 2025
- $3,373
Parcels
- 172417112424000 0016109
Legal description
LO1 WAKEVIEW SQUARE & HEALTHYSITE RCMB BM2025-01643
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Lot
- Vegetation
- Partially Wooded
Structure
- Water
- Public
- Sewer
- Private Sewer
Property utilities
| Category | Type | Status |
|---|---|---|
| Power | Grid | Available |
Nearby schools
| Name | Type |
|---|---|
| Wake County Schools | Elementary |
| Wake County Schools | Middle |
| Wake County Schools | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 7, 2026 | Price drop | $975,000 | $75,000 -7.1% | DMLS |
| Feb 10, 2026 | New listing | $1,050,000 | — | DMLS |
Payment calculator
Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.