1017 Trailwood Drive

Raleigh, NC 27606

$1,495,000
Price
108,900 / 2.5
Lot Size / Acres

Description

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...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.
  1. Listed by Jamie Dawson • ERA Live Moore

Property Details for 1017 Trailwood Drive

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 02/21/2025 05:07 PM

Property Details for 1017 Trailwood Drive

StatusActive
MLS #10073620
Days on Market23
Taxes$2,835 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size2.50 AC
CountyWake County

Building Information for 1017 Trailwood Drive

Lot Size2.50 AC

Property Information for 1017 Trailwood Drive

Summary
Location and General Information
  • Directions: Avent Ferry to Trailwood Dr, Property on Left
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.766518
  • Longitude: -78.68981
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association Fee Includes: None
  • Association: No
  • Tax Annual Amount: $2,834.99
  • City Limits YN: No
  • Lot Number: 1
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: Less Than 1 Year
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Property
Lot Information
  • Lot Size Dimensions: 203 x 482
  • List PriceAcre: 598000
  • Road Frontage Length: 203
Property and Assessments
  • Photos Count: 4
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer, Septic Tank, Other
  • Utilities: Septic Available, See Remarks
  • Water Source: Public, Well, See Remarks
  • Water_Sewer: Public, Well, See Remarks, Public Sewer, Septic Tank, Other, Septic Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Septic Available, See Remarks
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 1017 Trailwood Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1017 Trailwood Drive

Taxable ValueLand$264,000Additions$189,388Total$453,388
Tax Record2024$2,836 ($236 / month)
Home Facts
Beds0Baths1.5Total Finished SqFt1,388 SqFtAbove Grade Finished SqFt1,388 SqFtStories1Lot Size108,900 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated1959ZoningR-4CountyWAKEAPN0793.13-24-0026 0069883Fireplace TypeHas Fireplace

Schools near 1017 Trailwood Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 13
Rating
School
Distance
Dillard Drive Elementary
PublicPK to 5

Centennial Campus Middle
Public6 to 8

Athens Drive High
Public9 to 12

Wake Young Women's Leadership Academy
Public6 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1017 Trailwood Drive is a 2.5 ac of land for sale in Raleigh, NC 27606. This property was listed for sale on January 29, 2025 by ERA Live Moore, it's currently listed at $1,495,000. It has been on the market for a total of 23 days and was last sold on June 30, 2024. This listing's school district is Wake County School District. Nearby schools include Dillard Drive Elementary, Centennial Campus Middle and Athens Drive High. 1017 Trailwood Drive is a 0-bed, 0-bath, 2.5 ac of land on a 108,900 sq. ft. / 2.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA Live Moore

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