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Residential Land for Sale in Raleigh, North Carolina

517 Buck Jones Rd, Raleigh, NC 27606

$2,989,990
5.18 acres
Active sale
ago
Est $21,067/mo

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.

Location

Street address
517 Buck Jones Rd
Community
Roylene Acres
Elevation
401 feet
Coordinates
35.7756, -78.7316

Property details

Acreage
5.18 acres
Zoning
R4-FTDO
MLS #
DMLS 10165568
Posted

Property taxes

2024
$10,925

Parcels

  • 39 pt 40

Legal description

Details and features

Listing

Type
Land
Franchise
None

Lot

Vegetation
Partially Wooded

Structure

Water
Public
Sewer
Public Sewer, Septic Tank

Nearby schools

NameType
Wake - AdamsElementary
Wake - Lufkin RoadMiddle
Wake - Athens DRHigh

Listing history

DateEventPriceChangeSource
May 7, 2026New listing$2,989,990DMLS
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This 5.18-acre property is located at 517 Buck Jones Rd in Raleigh, NC 27606. The property is available for sale for $2,989,990 with a price per acre of $577,218.

Listed by Northgroup Real Estate, (704) 412-2804

Checked 2 hours agoUpdated Source

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