Pending

$2,989,990

Est. $18,563/mo —

Land

•

5.18

acres (lot)

517 Buck Jones Rd, Raleigh, NC 27606

About this home

Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions. Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle. Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project. Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.

Vacant landProperty Type

5.18 acresLot Size

$577,218Price/Acres

Listed by Charles Santos • NorthGroup Real Estate, Inc.

Listing updated: Jul 17, 2026 at 10:11pm

Redfin checked: a few seconds ago

•Source:TMLS #10165568

Payment calculator

$18,563 per month

Principal and interest$16,930

Property taxes

$910

HOA dues

Home insurance

$723

Utilities

Add

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 9AM TO 9PM
$114,990
Land— sq ft
3115 Timberlake Rd, Raleigh, NC 27604
OPEN WED, 12PM TO 1PM3D WALKTHROUGH
$600,000
4 beds2.5 baths2,678 sq ft
201 Cobblepoint Way, Holly Springs, NC 27540
OPEN FRI, 12PM TO 5PM
$5,350,000
4 beds6 baths5,172 sq ft
1610 Brooks Ave, Raleigh, NC 27607
OPEN FRI, 12PM TO 5PM3D WALKTHROUGH
$3,699,900
6 beds7 baths6,003 sq ft
1225 Duplin Rd, Raleigh, NC 27607
OPEN FRI, 12PM TO 5PM
$3,100,000
5 beds5.5 baths5,651 sq ft
5042 Langley Cir, Raleigh, NC 27609
OPEN FRI, 1PM TO 5PM
$500,000
3 beds2.5 baths2,452 sq ft
1305 Granholm Rd #313, Cary, NC 27519
OPEN SAT, 12PM TO 3PM
$385,000
3 beds2 baths1,568 sq ft
6260 Fountainhead Dr, Raleigh, NC 27609
OPEN SAT, 2PM TO 4PM
$779,900
4 beds2 baths2,600 sq ft
215 Lewiston Ct, Cary, NC 27513
OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$1,100,000
4 beds4 baths3,550 sq ft
616 Trocha Dr, Cary, NC 27513
OPEN SAT, 3PM TO 4PM
$1,895,000
4 beds3.5 baths3,615 sq ft
205 Park Ave, Raleigh, NC 27605

Around this home

Schools

K - 12
Preschool & daycare

Adams Elementary

Public PreK-5 • Assigned • 1.7mi

8/10

Lufkin Road Middle

Public 6-8 • Assigned • 6.7mi

9/10

Athens Drive High

Public 9-12 • Assigned • 1.2mi

8/10

Provided by GreatSchools

About West

Raleigh

West Raleigh, located between NC State University and Pullen Park, is a residential and campus-adjacent Raleigh neighborhood with mid-century ranch streetscapes and a steady hum of student energy. The character concentrates along Hillsborough Street at the intersection with Ashe Avenue, where late-night bites, coffee counters, and indie storefronts keep the sidewalks active. Cup A Joe anchors the caffeine ritual, while Players' Retreat and the historic Rialto Theatre add long-running local flavor. Brick bungalows and postwar homes mix with newer apartments near campus edges. Greenway links and pocket parks thread toward downtown and the university. The pace shifts from quiet side streets to game-day crowds around Carter-Finley and PNC Arena.

Provided by Walk Score and Local Logic

Market insights

517 Buck Jones Rd · $2,989,990

DAYS ON MARKET

The average home goes pending in 42 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median sale price in this area is $528,267. (82% lower than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Interior features
Partially wooded lot

Sale and tax history for 517 Buck Jones Rd

Sale History
Tax History

Date

Event

Price

TMLS #10165568

Jun 26, 2026

Pending

—

May 7, 2026

Listed

$2,989,990

TMLS #10097033

Aug 14, 2025

Listing Removed

—

Aug 14, 2025

Price Changed

$3,825,000

Jul 24, 2025

Price Changed

$3,678,900

May 16, 2025

Listed

$2,380,890

TMLS #10067280

Jan 31, 2025

Listing Removed

—

Dec 13, 2024

Listed

$3,338,900

TMLS #10032672

Sep 9, 2024

Listing Removed

—

May 31, 2024

Price Changed

$4,720,000

May 31, 2024

Listed

$4,700,000

Public Records

Oct 14, 2022

Sold

$1,500,000

TMLS #2332077

Sep 2, 2021

Sold

$347,500

Aug 19, 2021

Contingent

—

Aug 19, 2021

Relisted

—

Dec 18, 2020

Listing Removed

—

Sep 18, 2020

Price Changed

$375,000

Jul 19, 2020

Listed

$400,000

Jul 19, 2020

Listed

$375,000

Year

Property tax

Land + Additions

Assessment*

2025

$10,970 (+0.4%)

$892,500 + $363,079

$1,255,579

2024

$10,925 (+146.3%)

$892,500 + $363,079

$1,255,579

2023

$4,435 (+21.7%)

$892,500 + $363,079

$1,255,579

2022

$3,644 (+4.0%)

$162,000 + $243,063

$405,063

2021

$3,502 (+1.9%)

$162,000 + $195,889

$357,889

2020

$3,439 (+1.0%)

$162,000 + $195,889

$357,889

2019

$3,405 (+6.0%)

$162,000 + $195,889

$357,889

2018

$3,211 (+5.0%)

$135,000 + $157,044

$292,044

2017

$3,058 (+2.1%)

$135,000 + $157,044

$292,044

2016

$2,995 (+2.3%)

$135,000 + $157,044

$292,044

2015

$2,927 (+5.4%)

$135,000 + $157,044

$292,044

2014

$2,776 (+7.0%)

$131,250 + $149,505

$280,755

2013

$2,593

$131,250 + $149,505

$280,755

2012

$2,593 (+1.0%)

$131,250 + $149,505

$280,755

2011

$2,568

$131,250 + $149,505

$280,755

Public record

Public record
Zoning

Beds

—

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

4.18 Acres

Year renovated

1995

Finished Sq. Ft.

3,186

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,186

Year built

1965

Style

Single Family Residential

County

Wake County

APN

0773.12 97 4470 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-4

NCOD

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.

Zone overlays

Neighborhood Conservation District

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space

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 104° expected this year, 16 days in 30 years

6/10 Wind Factor

55% 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 • 27606

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 517 Buck Jones Rd

$2,676,330

$314K under list price of $2.99M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $605K to $1.2M.

SOLD JUL 2, 2026
$1,225,000 Last sold price
5 beds3.5 baths3,505 sq ft
305 Gary St, Raleigh, NC 27606
smaller lot
SOLD DEC 3, 2025
$965,000 Last sold price
4 beds4 baths2,955 sq ft
618 Powell Dr, Raleigh, NC 27606
smaller lot
SOLD AUG 14, 2026
$820,000 Last sold price
5 beds4 baths2,672 sq ft
403 1/2 Carolina Ave, Raleigh, NC 27606
smaller lot
SOLD SEP 11, 2026
$605,000 Last sold price
4 beds2.5 baths2,433 sq ft
516 Heather Dr, Raleigh, NC 27606
smaller lot
SOLD JUL 10, 2026
$645,000 Last sold price
5 beds3.5 baths2,905 sq ft
5125 Wickham Rd, Raleigh, NC 27606
smaller lot
SOLD AUG 7, 2026
$675,000 Last sold price
4 beds2.5 baths2,423 sq ft
1022 Clare Ct, Cary, NC 27511
smaller lot

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Pam Lewis

Raleigh Redfin Agent

Pam Lewis typically replies in about 16 minutes

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Details provided by TMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 517 Buck Jones Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 517 Buck Jones Rd

This home is pending

Have questions?

Nearby similar homes

New listings for sale in 27606

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