Exceptional . 44-acre gently sloping lot in Budleigh - this unique, pie-shaped lot has 257' of road frontage which allows ample flexibility and space to design and build one's ideal home - the property is not subject to Residential Infill Compatibility (UDO 2.2.1), which allows minimal front setback and significantly increases the size of the backyard - cleared and graded, the perfect canvas in this most sought-after neighborhood - excellent schools - great neighbors!
Vacant landProperty Type
0.46 acresLot Size
$2,819,827Price/Acres
Listed by Runyon Tyler• Berkshire Hathaway HomeService
Bought with Van Fletcher• Howard Hanna Allen Tate Raleigh Glenwood
Rare opportunity for a tear down or major renovation/addition to this charming mid century modern home. This is an ultra WIDE lot with 257 feet of frontage and is situated on one of the most desirable and sought after streets in Raleigh. Walk up attic & unfinished basement garage.
Year
Property tax
Land + Additions
Assessment*
2025
$7,570 (+0.4%)
$765,000 + $100,731
$865,731
2024
$7,539 (+10.4%)
$765,000 + $100,731
$865,731
2023
$6,829 (+7.6%)
$765,000 + $100,731
$865,731
2022
$6,345 (+4.0%)
$531,250 + $93,454
$624,704
2021
$6,098 (+1.9%)
$531,250 + $93,454
$624,704
2020
$5,987 (−18.2%)
$531,250 + $93,454
$624,704
2019
$7,318 (+6.1%)
$531,250 + $93,454
$624,704
2018
$6,901 (+5.0%)
$396,000 + $233,771
$629,771
2017
$6,572 (+2.1%)
$396,000 + $233,771
$629,771
2016
$6,436 (−1.3%)
$396,000 + $233,771
$629,771
2015
$6,523 (+5.4%)
$396,000 + $233,771
$629,771
2014
$6,186 (+7.1%)
$390,000 + $238,066
$628,066
2013
$5,777
$390,000 + $238,066
$628,066
2012
$5,777 (+1.0%)
$390,000 + $238,066
$628,066
2011
$5,720
$390,000 + $238,066
$628,066
Tax history for 2729 Cambridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,570 (+0.4%)
$765,000 + $100,731
$865,731
2024
$7,539 (+10.4%)
$765,000 + $100,731
$865,731
2023
$6,829 (+7.6%)
$765,000 + $100,731
$865,731
2022
$6,345 (+4.0%)
$531,250 + $93,454
$624,704
2021
$6,098 (+1.9%)
$531,250 + $93,454
$624,704
2020
$5,987 (−18.2%)
$531,250 + $93,454
$624,704
2019
$7,318 (+6.1%)
$531,250 + $93,454
$624,704
2018
$6,901 (+5.0%)
$396,000 + $233,771
$629,771
2017
$6,572 (+2.1%)
$396,000 + $233,771
$629,771
2016
$6,436 (−1.3%)
$396,000 + $233,771
$629,771
2015
$6,523 (+5.4%)
$396,000 + $233,771
$629,771
2014
$6,186 (+7.1%)
$390,000 + $238,066
$628,066
2013
$5,777
$390,000 + $238,066
$628,066
2012
$5,777 (+1.0%)
$390,000 + $238,066
$628,066
2011
$5,720
$390,000 + $238,066
$628,066
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
20,038
Year renovated
1944
Sq. Ft.
1,722
Year built
1934
Style
Vacant Land
County
Wake County
APN
0795.20 91 5094 000
Parking Spaces
—
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Jun 3, 2026.
R-4
Residential-4 District
Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Feb 3, 2025 • Final
Residential demolition
Demolish a residential building and a driveway up to the right of way.
Demolition
Jan 31, 2025 • Final
Eng - stormwater control - stormwater control 2
Demolish a residential building and a driveway up to the right of way.
Demolition
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Virtual Tour
Exterior
Land Information
Horse: No
Vegetation: Cleared, Partially Wooded
Lot Information
Lot Size Acres: 0.44
Lot Size Area: 0.44
Lot Size Dimensions: 257x172x151 (per tax map)
Lot Size Square Feet: 19166.4
Lot Size Units: Acres
Zoning: R-4
Financial
Tax Information
Tax Annual Amount: 7539.0
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water Source: Public
Location
HOA Information
Association: No
School Information
Elementary School: Wake - Lacy
Middle Or Junior School: Wake - Oberlin
High School: Wake - Broughton
Location Information
County Or Parish: Wake
Directions: Near intersection of Cambridge Road and Canterbury Road - Eastern exposure
Latitude: 35.813121
Longitude: -78.664053
Postal Code: 27609
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,722
Stories: 1.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 0.46 acres
Style: Vacant Land
Year Built: 1934
Year Renovated: 1944
County: Wake County
APN: 0795.20 91 5094 000
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Jun 3, 2026
Other
Listing Date Information
Contract Status Change Date: 2025-11-21
Documents Change Timestamp: 2025-02-24T17:18:42Z
Photos Change Timestamp: 2025-02-21T13:54:12Z
Price Change Timestamp: 2025-06-09T11:56:58Z
Listing Price Information
Previous List Price: 1400000.0
Around this home
Schools
Lacy Elementary
Public PreK-5 • Assigned • 1.0mi
8/10
Oberlin Middle School
Public 6-8 • Assigned • 0.4mi
7/10
Needham Broughton High
Public 9-12 • Assigned • 1.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
58% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27609
Average low and high temperatures (°F)
49
31
56
37
71
48
78
56
80
61
90
71
91
75
82
69
81
65
72
54
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.23M – $1.49M
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