1017 Trailwood Drive Raleigh, NC 27606
Listing Courtesy of: TRIANGLE MLS / ERA Live Moore / Jamie Dawson

  1017 Trailwood Drive Raleigh, NC 27606

Active (24 Days)
$1,495,000

Description

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.

MLS #:
10073620
Taxes
$2,835
Lot Size
2.5 acres
Type
Land
County
Wake County
Community
Not In a Subdivision

Listed By

Jamie Dawson, ERA Live Moore
Source
TRIANGLE MLS
Last checked Feb 23 2025 at 3:55 AM GMT+0000
Bathroom Details
Subdivision
  • Not In A Subdivision
Utility Information
  • Utilities: See Remarks, Septic Available
  • Sewer: Other, Septic Tank, Public Sewer
School Information
  • Elementary School: Wake County Schools
  • Middle School: Wake County Schools
  • High School: Wake County Schools
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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