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$12,000,000

3151 New Bern Ave Raleigh, NC 27610

4.9 acres
Land

Property details

About 3151 New Bern Ave

This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.

Highlights

Home typeUnimproved Land
StatusActive
Lot size4.89 Acres
MLS #2538929

Summary

  • List Price: $12,000,000
  • Annual Tax Amount: $23,913
  • Tax Year: 2024
  • Lot: Sloped
  • Directions: From Hwy 440 and 64 business intersection turn right onto New Bern Ave heading west. The property is located across from Wake Hospital on the right side of New Bern Avenue
  • Lot Size: 4.89 Acres
  • MLS Number: 2538929
  • MLS Name: Doorify MLS
  • Office Name: Coldwell Banker HPW
  • Office Phone: (919) 467-1882
  • Listing Agent: J.W. Shearin

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 9:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$2,753,436$23,913
2023$1,180,044$12,862
2022$1,180,044$11,947
2021$1,180,044$11,481
2020$1,180,044$11,271
2019$1,050,239$11,474
2018$1,050,239$10,925

History based on county public records data.

Nearby schools

5

Powell Magnet Elementary School

Public Magnet PK-5

1.0 mi

1130 Marlborough Rd

4

Poe Magnet Elementary School

Public Magnet PK-5

1.5 mi

400 Peyton St

4

Bugg Magnet Elementary School

Public Magnet PK-5

1.6 mi

825 Cooper Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,308. The most common annual income of people living in Raleigh, NC is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

65%
<35k
34%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
34%
Single, with Kids
5%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
7%
12-17 yrs old
39%
18-34 yrs old
26%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks
  • Burger KingBurger King

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3151 New Bern Ave

The listing price of 3151 New Bern Ave property is $12,000,000.

The property 3151 New Bern Ave is land located in Raleigh, North Carolina, 27610.

Active Listing: 3151 New Bern Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3151 New Bern Ave are: Powell Magnet Elementary School (GreatSchools Rating 5/10), Poe Magnet Elementary School (GreatSchools Rating 4/10), Bugg Magnet Elementary School (GreatSchools Rating 4/10), River Oaks Middle School (GreatSchools Rating 1/10), Ligon Magnet Middle School (GreatSchools Rating 5/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), Wake Early College of Health and Science (GreatSchools Rating 9/10), Enloe Magnet High School (GreatSchools Rating 8/10), Phillips High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $23,913 (source: MLS/based on county public records data).

The property 3151 New Bern Ave is 4.89 acres.

This home is located at 3151 New Bern Ave in Raleigh, NC and zip code 27610 in the Inside the Beltline neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $12,000,000.

Over 121 listings were sold over their listed price in June 2025 in Raleigh, NC. In the same period over 299 listings were sold below the listed price and 126 listings were sold for the listed price. In June 2025 in Raleigh, NC there were 2.3% more homes for sale than in May. In June 2025 median list price was $458,689 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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