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Bill Nagel

bill@bliss-realestate.com +1(919) 434-6923

Listed by Compass -- Raleigh

$ 1,800,000

Est. payment | -/mo

9 Beds

6 Baths

4,492 SqFt

Save

$ 1,800,000

Est. payment | -/mo

Save

9 Beds

6 Baths

4,492 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,492 sqft

Price per Sqft $400

Subdivision Not In A Subdivision

MLS Listing ID 10159638

Style House,Mixed Use,Multi Family,Other

Bedrooms 9

Full Baths 5

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 4,492

Year Built 1910

Annual Tax Amount $17,928

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Single Family Residence

Source Triangle MLS

Property Description

Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photos of lots cleared + built on, are all virtually rendered!

Location

State NC

County Wake

Zoning OX-3

Direction Please use GPS for best accurate directions. Thank you

Rooms

Other Rooms • Primary Bedroom (Main)

Primary Bedroom Level Main

Interior

Interior Features Other

Heating Other

Cooling Other

Flooring Wood, Other

Laundry Other

Exterior

Fence Other

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City, City Lights, Downtown

Roof Type Other

Street Surface Asphalt

Porch Other

Garage No

Private Pool No

Building

Lot Description City Lot, Rectangular Lot, Zero Lot Line

Faces Please use GPS for best accurate directions. Thank you

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Victorian

Structure Type Other

New Construction No

Schools

Elementary Schools Wake - Wiley

Middle Schools Wake - Oberlin

High Schools Wake - Broughton

Others

Senior Community No

Tax ID 1704.18400938 & 1704.18410023

Special Listing Condition Standard

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(919) 434-6923

bill@bliss-realestate.com

115 Dry Ave, Cary, NC, 27511, USA

Learn More from Bill Nagel

407 & 411 N Boylan Avenue Raleigh, NC 27603