A rare opportunity to secure a premier parcel in one of Raleigh's most desirable and established locations. This exceptional property offers approved plans for a four-unit building, with construction drawings already prepared, providing a valuable head start for developers and investors looking to move quickly on a high-demand project. In a market where time, entitlement progress, and location matter more than ever, opportunities like this are increasingly scarce. The site is ideally suited for those looking to capitalize on strong demand for well-located housing in the urban core. Whether the vision is boutique residences, investment holdings, or resale opportunities, much of the preliminary work has already been completed to help accelerate the path forward. For buyers seeking a custom residential homesite, the parcel also presents an outstanding opportunity for a stunning single-family residence. Build a tailored home in a location where new construction options are limited and surrounded by some of Raleigh's most iconic neighborhoods. Perfectly positioned near the Village District, the property offers immediate access to some of the city's best shopping, dining, coffee shops, fitness studios, and everyday conveniences. Enjoy close proximity to Downtown Raleigh, Glenwood South, Five Points, NC State University, and major commuter routes, all while being tucked into a location known for its charm, walkability, and enduring value. Whether for development, investment, or a dream home, this is a chance to create something special in the heart of Raleigh.

Listing courtesy of Annette Holt of Compass -- Cary



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Last checked: 2026-05-01 05:25 PM UTC