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.
- Single family
- Active
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
- Listing ID #:10132157
- Added:96 day(s) ago
- Updated:February 12, 2026 at 09:31 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:2,390 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1982
- Building area:2,390 sq. ft.
- Lot area:4.12 Acres
Schools
- High school:Durham - Hillside
- Middle school:Durham - Lowes Grove
- Elementary school:Durham - Parkwood
Utilities
- Water:Water Connected, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$669.46
- Tax amount:$5,178
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