$485,000

5301 Thayer Drive, Raleigh, NC 27612

  • 4 beds |
  • 3 baths |
  • 2,994 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $162/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Discover a rare North Hills teardown opportunity on nearly a half-acre corner basement lot that backs to the Mine Creek Greenway. The existing home was built on a slab foundation over unstable fill and has experienced significant structural issues over time; the property is being sold for land value only. Square footage is based on tax records and may not accurately reflect current conditions. Exterior viewings only. Located just 5 minutes from North Hills and 5 minutes from Crabtree Valley Mall, this site offers unmatched convenience to Midtown's top dining, shopping, parks, and magnet school options. Easy access to I-440, Shelley Lake, and the North Hills Club makes this an exceptional setting for those looking to build in a high-demand area. Ideal for custom-home clients, spec builders, or anyone seeking a build-on-your-lot opportunity in a proven luxury infill corridor. With mature trees, generous frontage, and excellent visibility, 5301 Thayer Drive presents a standout canvas for a future new-construction home with strong long-term value in one of Raleigh's most desirable neighborhoods.

Listing Status:
Active
Date Added:
December 10, 2025 at 06:00AM
Listing Office:
Real Broker, LLC : 919-348-2585
Listing Agent:
Whitney McConnell : 919-830-1845
MLS ID:
10136719
  • Flooring: CarpetLaminate
  • A/C: Wall/Window Unit(s)
  • Heating: Heat Pump
  • General: Private Yard
  • Style: Ranch
  • Parking: Circular DrivewayPaved
  • Roofing: Shingle
  • General: Wood Siding1SlabSee Remarks
  • Road/Access: Paved
  • Originating MLS: Triangle MLS
  • County: Wake
  • Zoning: R4170613044069000 0065783
  • Utilities: Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triangle MLS

This listing courtesy of Whitney McConnell, Real Broker, LLC

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Brooks Magnet Elementary School

700 Northbrook Dr, Raleigh, NC, 27609

Grades PK-5

0.46 miles away

C

Carroll Magnet Middle School

4520 Six Forks Rd, Raleigh, NC, 27609

Grades 6-8

1.10 miles away

S

Sanderson High School

5500 Dixon Dr, Raleigh, NC, 27609

Grades 9-12

1.14 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.

Similar Listing

5812 Old Forge Circle, Raleigh, NC 27609
Single-Family Home For Sale

$499,000

  • 4 bed |
  • 3 bath |
  • 2,637 sqft |
  • 0.31 acre lot
5812 Old Forge Circle Raleigh, NC 27609

#10115651 - Compass -- Raleigh