1017 Trailwood Drive
Raleigh, NC 27606
- – beds
- – baths
- – sqft
- ~3 acre lot
- – on site
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.
Last checked:
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Last updated Jan 31, 2025
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MLS# 10073620 —
The Building
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Building Area Units:Square Feet
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Avent Ferry to Trailwood Dr, Property on Left
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Latitude:35.766518
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Longitude:-78.68981
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Coordinates:-78.68981, 35.766518
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Lot Size Acres:2.5
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Lot Size Area:2.5
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Lot Size Dimensions:203 x 482
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Lot Size SqFt:108900
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Lot Size Units:Acres
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Road Frontage Type:Public Road
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Road Surface Type:Asphalt
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 795-8776
- Office phone:
- (919) 500-7570
Taxes
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Tax Annual Amount:2834.99
The Listing
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Special Listing Conditions:Standard
Utilities
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Utilities:Septic Available
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Wake County Schools
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Middle Or Junior School:Wake County Schools
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High School:Wake County Schools
The Community
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Subdivision Name:Not in a Subdivision
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Association:false
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Association Fee Includes:None
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Pool Private:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/30/25
Jan 30, 2025
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Listed / Active | DMLS | $1,895,000 | 388.4% (61.2% / YR) |
|
9/28/18
Sep 28, 2018
|
DMLS | $388,000 |
