517 Buck Jones Road, Raleigh, NC 27606
Local realty services provided by:ERA Parrish Realty Legacy Group
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 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....
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Home facts
- Subdivision & Development:Roylene Acres
- Listing ID #:10165568
- Added:172 day(s) ago
- Updated:October 27, 2026 at 08:37 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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