#10072187, Johnny Chappell, Maggie Sparling, Listing Office: Compass -- Raleigh
Property details
About 1017 Trailwood Dr
This prime 2.5-acre development opportunity in Raleigh, NC, offers incredible potential in a high-growth area. Zoned R-4 with water and sewer on a neighboring site, the property provides multiple development possibilities, including single-family attached * detached homes, attached two-unit residences, student housing, or a unique tiny home community. Given that this site is in FTO overlay district, various other by right options are available such as Townhomes, Cottage Courts, Apartments, etc. offering greater flexibility for development. Located adjacent to R-6 zoning with nearby apartments, this site backs to NC State's Centennial Campus, making it ideal for student or faculty housing. This strategic location allows for easy access to Avent Ferry and public transit, with quick connections to NC State, downtown Raleigh, and major highways. With strong rental and resale demand in this rapidly growing corridor, and R-6 zoning next door presenting potential for rezoning or higher-density development, this property is an exceptional investment opportunity.
Highlights
Summary
- MLS Number: 10073620
- MLS Name: Doorify MLS
- Office Name: ERA Live Moore
- Office Phone: (919) 500-7570
- Office Email: tania.moore@eralivemoore.com
- Listing Agent: Jamie Dawson
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Last updated on: 2/22/2025, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,495,000
1017 Trailwood Dr
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 10, 2024 | Home Sold | $1,000,000 |
Sep 28, 2018 | Home Sold | $388,000 |
Jul 28, 2010 | Home Sold | $210,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $453,388 | $2,835 |
2023 | $345,273 | $2,712 |
2022 | $345,273 | $2,513 |
2021 | $345,273 | $2,446 |
2020 | $345,273 | $2,405 |
2019 | $207,088 | $1,573 |
2018 | $207,088 | $1,492 |
History based on county public records data.
Nearby schools
6
Combs Magnet Elementary School
Public Magnet PK-5
0.9 mi
•2001 Lorimer Rd
5
Olds Elementary School
Public District PK-5
2.1 mi
•204 Dixie Trl
3
Dillard Drive Elementary School
Public District PK-5
2.1 mi
•5018 Dillard Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,783. Most Raleigh, NC residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1017 Trailwood Dr
This home is located at 1017 Trailwood Dr in Raleigh, NC and zip code 27606 in the Inside the Beltline neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $1,495,000.
Over 40 listings were sold over their listed price in January 2025 in Raleigh, NC. In the same period over 212 listings were sold below the listed price and 65 listings were sold for the listed price. Between December and January 2025, Raleigh, NC real estate market has seen increase in the number of listings by 3.9%. In January 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $450,012.