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Residential Land for Sale in Raleigh, North Carolina
550 E Jones St, Raleigh, NC 27601
$1,800,000
0.14 acres
Active sale
ago
Est $12,463/moRare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.
Location
- Street address
- 550 E Jones St
- County
- Wake County
- Zip code
- 27601
- Community
- Historic Oakwood
- Elevation
- 305 feet
Property details
- Lot size
- 0.14 acres6,098 sq ft
- Zoning
- R-10
- MLS #
- DMLS 10172633
- Posted
Property taxes
- 2026
- $3,951
Parcels
- 170328998668000 0054421
Legal description
550 E Jones Street
Details and features
Listing
- Type
- Land
Lot
- Vegetation
- Grassed, Natural State
- View
- City
- Features
- Back Yard, City Lot, Driveway, Hardwood Trees, Interior Lot, Rectangular Lot, Sidewalks
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Type |
|---|---|
| Wake - Conn Elementary | Elementary |
| Wake - Oberlin Middle | Middle |
| Wake - Needham Broughton High | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 8, 2026 | New listing | $1,800,000 | — | DMLS |
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