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Take a virtual tour5301 Thayer Drive
Raleigh, NC 27612Discover a rare North Hills teardown opportunity on nearly a half-acre corner basement lot that backs to the Mine Creek Greenway. The existing home was built on a slab foundation over unstable fill and has experienced significant structural issues over time; the property is being sold for land value only. Square footage is based on tax records and may not accurately reflect current conditions. Exterior viewings only. Located just 5 minutes from North Hills and 5 minutes from Crabtree Valley Mall, this site offers unmatched convenience to Midtown's top dining, shopping, parks, and magnet school options. Easy access to I-440, Shelley Lake, and the North Hills Club makes this an exceptional setting for those looking to build in a high-demand area. Ideal for custom-home clients, spec builders, or anyone seeking a build-on-your-lot opportunity in a proven luxury infill corridor. With mature trees, generous frontage, and excellent visibility, 5301 Thayer Drive presents a standout canvas for a future new-construction home with strong long-term value in one of Raleigh's most desirable neighborhoods.
$485,000
4 bedrooms
3 full bathrooms
0.45 acres
2,994 square feet
$162 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Wood Siding
- Exterior Features Private Yard
- Lot Size Acres 0.45
- Parking Features Paved, Circular Driveway
- Structure Type House
- Above Grade Finished Area 2,994
- Cooling Wall/Window Unit(s)
- Cooling Y/N Yes
- Flooring Laminate, Carpet
- Heating Heat Pump
- Heating Y/N Yes
- Rooms Total 1
- Lot Features Back Yard, Greenbelt, Corner Lot, Sloped Down, Many Trees
- Tax Annual Amount 4162.67
- Water Source Public
- Year Built 1971
Additional Property Information
- TypeSingle Family Residence
- Built1971
- NeighborhoodNorth Hills Estates
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Brooks
- Middle SchoolWake - Carroll
- High SchoolWake - Sanderson
Listing courtesy of Real Broker, LLC. © 2025 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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©2025 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 2025-12-11T06:00:55.000Z.