4517 Grandale Drive, Durham, NC 27713
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
4517 Grandale Drive,Durham, NC 27713
$1,600,000
- 3 Beds
- 3 Baths
- 2,390 sq. ft.
- Multi-family
- Pending
Listed by: adam j dickinson
Office: nest realty of the triangle
MLS#:10132157
Source:RD
Price summary
- Price:$1,600,000
- Price per sq. ft.:$669.46
About this home
An exceedingly rare 4 acre lot in a great South Durham location with significant development potential, for single family homesites, townhome, or even 3 story mixed use under the proposed LDC and the suggested RX-3 zoning. Under the existing Rural Residential zoning, 4 lots could be created. According to Planning Department Staff, under the current UDO townhome/multifamily development is an option with rezoning. With the LDC, the development potential skyrockets even further. Under such a rezoning, nearby precedent neighborhoods Like Weldon Downs would suggest 25-30 or high-end townhomes with green spaces. Not quite ready to take on such a project yourself? This could be an exceptional land-banking investment, one which you also live on and enjoy for just a few years or 5-10+. Durham's expansion in SoDu is evident all around, and the proximity to Duke, UNC, RDU, RTP, and the planned Childrens Hospital will only become more valuable with time. In the meanwhile Expanding/improving the existing farmhouse, storage barn, and horse facilities is one option, creating a larger estate. Under any option, this is an incredible opportunity for a savvy buyer. Seller is able to be patient during a rezoning/site plan approval, assuming appropriately attractive terms, including hard money down. Note there is no real estate sign on the property. Please do not enter the property without an appointment....
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Home facts
- Year built:1982
- Subdivision & Development:Not in a Subdivision
- Listing ID #:10132157
- Added:293 day(s) ago
- Updated:August 28, 2026 at 07:43 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Rooms Total:7
- Flooring:Hardwood
- Dining Description:Kitchen/Dining Room Combination
- Bathrooms Description:Shower Only
- Kitchen Description:Double Oven, Electric Cooktop, Electric Water Heater, Range Hood, Self Cleaning Oven, Washer, Water Softener
- Basement:Yes
- Basement Description:Crawl Space
- Living area:2,390 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1982
- Building area:2,390 sq. ft.
- Lot area:4.12 Acres
- Lot Features:Farm, Pasture, Secluded
- Architectural Style:Traditional
- Construction Materials:Vinyl Siding
- Exterior Features:Covered, Deck, Fenced Yard, Gas Grill, Porch, Rain Gutters
- Foundation Description:Block
- Levels:One and One Half
Schools
- High school:Durham - Hillside High
- Middle school:Durham - Lowes Grove Middle
- Elementary school:Durham - Parkwood Elementary
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$669.46
- Tax amount:$5,178
Features and amenities
- Laundry features:Laundry Closet, Main Level
Parking
- Parking description:Concrete, Detached, Driveway, Garage, Parking Pad, Workshop in Garage
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