$195,000

3103 N New Hope Road, Raleigh, NC 27604

  • 3 beds |
  • 2 baths |
  • 1,108 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.56acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $176/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Attention investors, flippers, and builders--rare opportunity in Raleigh! Situated on over 0.56 acres at the corner of N. New Hope Rd and Haithcock, this property features a hard-to-find large lot in a prime in-town location, offering excellent potential for renovation, expansion, or new construction. The existing home provides a value-add opportunity with multiple exit strategies: renovate and resell, hold as a rental, or rebuild. The kitchen has already been removed, saving on initial demo costs and allowing for a quicker start. Interior painting has begun, but the property will require a full renovation, including bathrooms, flooring, and HVAC (system disconnected; power currently off). Being sold strictly as-is as part of an estate sale and subject to the upset bid process, with no representations. Buyers should perform all inspections and verify condition during due diligence. The level lot with mature oak trees adds character, privacy, and long-term value--an increasingly rare find in this area of Raleigh. Strong upside potential in a high-demand location--bring your vision and capitalize on the opportunity.

Listing Status:
Pending
Date Added:
April 6, 2026
Data Last Updated:
April 17, 2026 at 8:09PM
Listing Office:
NorthGroup Real Estate, Inc. : 704-412-2804
Listing Agent:
Sherrie Smith : 919-906-2595
MLS ID:
10157893
  • General: Ceiling Fan(s)
  • Appliances: Electric Water Heater
  • Laundry: Other
  • Flooring: CarpetTileOther
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Forced Air
  • Fireplace: Fireplace
  • General: Shed(s)
  • Style: Traditional
  • Parking: AsphaltDrivewayPaved
  • Roofing: Shingle
  • General: Brick1Brick/Mortar
  • Road/Access: City Street
  • Originating MLS: Triangle MLS
  • County: Wake
  • Zoning: R-40047062
  • View: View
  • Water: See Remarks
  • Sewer: Unknown
  • Source: Triangle MLS

This listing courtesy of Sherrie Smith , NorthGroup Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wilburn Elementary School

3707 Marsh Creek Rd, Raleigh, NC, 27604

Grades PK-5

0.32 miles away

R

River Oaks Middle School

4700 New Bern Ave, Raleigh, NC, 27610

Grades 6-8

1.90 miles away

W

Wake Early College of Health and Science

2901 Holston Ln, Raleigh, NC, 27610

Grades 9-12

2.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.