2341 New Bern Avenue
Raleigh, NC 27610
- 9 beds
- 6 baths
- 4,556 sqft
- ~2 acre lot
- $768 per sqft
- 1983 build
- – on site
**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!
Last checked:
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Checking…
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Last updated Jan 8, 2025
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MLS# 10069686 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1983
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New Construction:false
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Construction Materials:Brick Veneer
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Architectural Style:Traditional
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Roof:Shingle
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Foundation Details:Permanent
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Stories:1
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Levels:One
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Basement:true
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Basement:Crawl Space
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Building Area Total:4556
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Building Area Units:Square Feet
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Above Grade Finished Area:4556
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:1
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Flooring:See Remarks
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Fireplace:true
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Fireplaces Total:1
Room Dimensions
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Living Area:4556
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Living Area Units:Square Feet
Financial & Terms
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Lease Term:Month To Month
Location
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Directions:I-440 E to exit 13A New Bern Ave. Destination will be on the right.
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Latitude:35.78072
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Longitude:-78.598363
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Coordinates:-78.598363, 35.78072
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Zoning:RX-3-GP
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Parcel Number:1713991312
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Lot Size Acres:1.5
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Lot Size Area:1.5
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Lot Size SqFt:65340
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Lot Size Units:Acres
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 631-0909
- Office phone:
- (888) 584-9431
Taxes
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Tax Annual Amount:8091
Beds
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Bedrooms Total:9
Baths
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Total Baths:6
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Total Baths:6
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Total Baths:6
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Full Baths:6
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Wake - Hunter
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Middle Or Junior School:Wake - Ligon
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High School:Wake - Enloe
The Community
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Subdivision Name:Not in a Subdivision
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Association:false
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Pool Private:false
Parking
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Garage:true
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Garage Spaces:2
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Attached Garage:true
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Open Parking:true
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Open Parking Spaces:4
Monthly cost estimate
Asking price
$3,500,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$18,741
|
| Taxes | $674 |
| Insurance | $962 |
| Utilities | $263 See report |
| Total | $20,640/mo.* |
| *This is an estimate |
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).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/8/25
Jan 8, 2025
|
Listed / Active | DMLS | $3,500,000 |
