Residential Land for Sale in Raleigh, North Carolina

1017 Trailwood Dr Raleigh, NC 27606

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$1,495,000
2.5 acres
Active
agoEst $11,081/mo

This prime 2.5-acre development opportunity in Raleigh, NC, offers incredible potential in a high-growth area.

Zoned R-4 with water and sewer on a neighboring site, the property provides multiple development possibilities, including single-family attached * detached homes, attached two-unit residences, student housing, or a unique tiny home community.

Given that this site is in FTO overlay district, various other by right options are available such as Townhomes, Cottage Courts, Apartments, etc. offering greater flexibility for development.

Located adjacent to R-6 zoning with nearby apartments, this site backs to NC State's Centennial Campus, making it ideal for student or faculty housing. This strategic location allows for easy access to Avent Ferry and public transit, with quick connections to NC State, downtown Raleigh, and major highways.

With strong rental and resale demand in this rapidly growing corridor, and R-6 zoning next door presenting potential for rezoning or higher-density development, this property is an exceptional investment opportunity.

Location

Street Address
1017 Trailwood Dr
Elevation
331 feet
Coordinates
35.7664, -78.6898

Property details

MLS Number
DMLS 10073620
Date Posted

Property taxes

2024
$2,835

Legal description

This 2.5-acre property is located at 1017 Trailwood Dr in Raleigh, NC 27606 with latitude 35.7664 and longitude -78.6898. The property is currently available for sale for $1,495,000 with a price per acre of NaN. Listing data is sourced from Doorify MLS # 10073620.

Verify sale details at the property source or contact ERA Live Moore at (919) 602-9401.

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Checked 17 mins ago. Updated . Parcel data by Regrid.

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