3103 New Hope Road
Raleigh, NC 27604Attention investors, flippers, and builders--rare opportunity in Raleigh! Situated on over 0.56 acres at the corner of N. New Hope Rd and Haithcock, this property features a hard-to-find large lot in a prime in-town location, offering excellent potential for renovation, expansion, or new construction. The existing home provides a value-add opportunity with multiple exit strategies: renovate and resell, hold as a rental, or rebuild. The kitchen has already been removed, saving on initial demo costs and allowing for a quicker start. Interior painting has begun, but the property will require a full renovation, including bathrooms, flooring, and HVAC (system disconnected; power currently off). Being sold strictly as-is as part of an estate sale and subject to the upset bid process, with no representations. Buyers should perform all inspections and verify condition during due diligence. The level lot with mature oak trees adds character, privacy, and long-term value--an increasingly rare find in this area of Raleigh. Strong upside potential in a high-demand location--bring your vision and capitalize on the opportunity.
$195,000
3 bedrooms
2 full bathrooms
0.56 acres
1,108 square feet
$176 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Brick
- Lot Size Acres 0.56
- Other Structures Shed(s)
- Parking Features Asphalt, Driveway, Paved
- Structure Type House
- Above Grade Finished Area 1,108
- Appliances Electric Water Heater
- Cooling Ceiling Fan(s), Central Air
- Cooling Y/N Yes
- Fireplace Features None
- Flooring Carpet, Tile, Other
- Heating Forced Air
- Heating Y/N Yes
- Interior Features Ceiling Fan(s)
- Laundry Features Other
- Rooms Total 7
- Lot Features Back Yard, City Lot, Corner Lot, Hardwood Trees, Rectangular Lot
- Tax Annual Amount 1889.98
- Water Source See Remarks
- Year Built 1960
Additional Property Information
- TypeSingle Family Residence
- Built1960
- NeighborhoodKelly Heights
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Wilburn
- Middle SchoolWake - Durant
- High SchoolWake - Heritage
Listing courtesy of NorthGroup Real Estate, Inc.. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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©2026 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-04-24T03:31:04.000Z.