2040 Milburnie Road, Raleigh, NC 27610

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
2040 Milburnie Road,Raleigh, NC 27610
$1,150,000
  • 0.7 Acres
  • Lots / Land
  • Active
Listed by:ron cooper
Office:the equity group
MLS#:10105366
Source:RD

Price summary

  • Price:$1,150,000

About this home

LOCATION, LOCATION, LOCATION; Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road; Outstanding Investment Opportunity; Property Zoned R6 at .7 Acres with the option to pursue multiple build scenarios via subdividing the lot and building single-family, townhomes or duplexes which has to be approved by the Raleigh Planning Department; Raleigh Planning indicates they are receptive to more dense building and possible rezoning based on the new owner interest, again subject to the Raleigh Planning Department Approval: Owner plans to have existing home moved from the lot prior to closing however may be willing to include the home in the sale as-is to the buyer if not able to get it moved in sufficient time. There is a vacant attached lot to our listing on Colleton. If you are able to convince that owner to sell along with buying our property would provide sizeable area on that corner to make a development impact. All Offers

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Home facts

  • Listing ID #:10105366
  • Added:99 day(s) ago
  • Updated:August 28, 2025 at 09:07 PM

Structure and exterior

  • Lot area:0.7 Acres

Schools

  • High school:Wake - Enloe
  • Middle school:Wake - Martin
  • Elementary school:Wake - Underwood

Utilities

  • Water:Public, Water Available, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,150,000
  • Tax amount:$3,131
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