2341 New Bern Avenue
Raleigh, NC 27610**PRIME Development Opportunity in the Heart of Raleigh** Located SECONDS from downtown, this 1.5-acre property presents a RARE and exceptional opportunity to develop a highly sought-after residential project. Situated right by downtown Raleigh's thriving entertainment, dining, and attractions, this site boasts prime zoning (RX-3-GP) ideal for *APARTMENTS* or *TOWNHOMES*, with the added rezoning potential to accommodate up to 5-story structures! With easy access to major highways, public transportation, and top-rated schools, this property is poised for MAXIMUM return on investment. Don't miss this chance to capitalize on Raleigh's booming growth and create a luxurious living destination that will set a new standard for urban living in the Triangle!
$3,500,000
9 bedrooms
6 full
bathrooms
1.5 acres
4,556 square feet
$768 per square foot
Additional Property Information
- TypeSingle Family Residence
- Built1983
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Hunter
- Middle SchoolWake - Ligon
- High SchoolWake - Enloe
Listing courtesy of eXp Realty, LLC - C. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N Yes
- Construction Materials Brick Veneer
- Garage Y/N Yes
- Lot Size Acres 1.5
- Above Grade Finished Area 4,556
- Basement Crawl Space
- Cooling Central Air
- Cooling Y/N Yes
- Fireplaces Total 1
- Flooring See Remarks
- Heating Central
- Heating Y/N Yes
- Rooms Total 1
- Tax Annual Amount 8091
- Water Source Public
- Year Built 1983
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