
Residential Land for Sale in Raleigh, North Carolina
517 Buck Jones Rd, Raleigh, NC 27606
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
- County
- Wake County
- Community
- Roylene Acres
- Elevation
- 401 feet
Property details
- Acreage
- 5.18 acres
- Zoning
- R4-FTDO
- MLS #
- DMLS 10165568
- Posted
Property taxes
- 2024
- $10,925
Parcels
- 39 pt 40
Legal description
LO39 PH40 BLD& PT 4
Details and features
Listing
- Type
- Land
- Franchise
- None
Lot
- Vegetation
- Partially Wooded
Structure
- Water
- Public
- Sewer
- Public Sewer, Septic Tank
Nearby schools
| Name | Type |
|---|---|
| Wake - Adams | Elementary |
| Wake - Lufkin Road | Middle |
| Wake - Athens DR | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 7, 2026 | New listing | $2,989,990 | — | DMLS |





