1 Acre of Land with Home for Sale in Raleigh, North Carolina
Wake County, Raleigh, NC 27603
2808 AUSTIN ST RALEIGH NC 27603 Excellent investment opportunity in a prime Raleigh location! R-4 zoned property with an existing structure conveying as-is, with no representations as to its condition or value. Property is being marketed primarily for its land and redevelopment potential, offering an excellent opportunity for builders, developers, and investors. Ideally located just minutes from Downtown Raleigh, NC State University, Dorothea Dix Park, Lake Wheeler Park, shopping, dining, and major highways including I-40 and US-401. Situated in an established neighborhood with convenient access to everything the Triangle has to offer. Buyer and buyer's agent to verify all information deemed important, including zoning, utilities, and intended
Location
- County
- Wake County
- Zip code
- 27603
- Elevation
- 403 feet
Directions
From Downtown Raleigh, take S. Saunders Street (US-401 S) approximately 2.5 miles. Turn right onto Tryon Road, then left onto Lake Wheeler Road. Turn right onto Austin Street. Property will be on the left.
Property details
- Acreage
- 1 acre43,560 sq ft
- Zoning
- R-4
- MLS #
- HMLS 100586871
- Posted
Property taxes
- 2025
- $1,071
Parcels
- 079203243680000 0070232
Legal description
Lo1 201 R W King Sub
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Coldwell Banker Real Estate
Structure
- Stories
- 1
Interior
- Room Count
- 4
- Rooms
- Bathroom, Bedroom x 2
Nearby schools
| Name | Type |
|---|---|
| Dillard Drive Middle School | Middle |
| Athens Drive | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 18, 2026 | Price drop | $99,900 | $15,100 -13.1% | HMLS |
| July 17, 2026 | Price drop | $115,000 | $10,000 -8% | HMLS |
| July 7, 2026 | New listing | $125,000 | — | HMLS |