517 Buck Jones Road, Raleigh, NC 27606

Raleigh
Local realty services provided by:ERA Live Moore
517 Buck Jones Road,Raleigh, NC 27606
$2,989,990
  • 5.18 Acres
  • Lots / Land
  • Pending
Listed by: charles santos
Office: northgroup real estate, inc.
MLS#:10165568
Source:RD

Price summary

  • Price:$2,989,990

About this home

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...

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Home facts

  • Subdivision & Development:Roylene Acres
  • Listing ID #:10165568
  • Added:97 day(s) ago
  • Updated:August 12, 2026 at 07:53 AM

Structure and exterior

  • Lot area:5.18 Acres

Schools

  • High school:Wake - Athens Drive High
  • Middle school:Wake - Lufkin Road Middle
  • Elementary school:Wake - Adams Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer, Septic Tank

Finances and disclosures

  • Price:$2,989,990
  • Tax amount:$10,925
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