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

Location

Listing Courtesy of ERA Live Moore
Add your commute
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

Payment Calculator

$8,069 per month

30 year fixed, 6.845% Interest

Principal and Interest

$7,833

Property Taxes

$236

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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
Feb 21, 2025

Price Change

TRIANGLEMLS #10073620

$1,495,000—
Jan 29, 2025

Listed (Active)

TRIANGLEMLS #10073620

$1,895,000—
Jun 30, 2024

Sold

TRIANGLEMLS #10018920

—
Jun 30, 2024

Pending

TRIANGLEMLS #10018920

—
Jun 28, 2024

Sold

TRIANGLEMLS #10018920

$1,000,000—
Jun 6, 2024

Sold (Public Record)

Public Record #1534155094

$1,000,000

+18.0% / yr

Apr 23, 2024

Pending

TRIANGLEMLS #10018920

—
Mar 22, 2024

Listed (Active)

TRIANGLEMLS #10018920

$1,250,000—
Sep 28, 2018

Sold

TRIANGLEMLS #2192651

$388,000—
Sep 28, 2018

Sold

TRIANGLEMLS #2192651

$388,000—
Sep 28, 2018

Pending

TRIANGLEMLS #2192651

—
Sep 28, 2018

Pending

TRIANGLEMLS #2192651

—
Sep 27, 2018

Sold

TRIANGLEMLS #2192651

$388,000—
Sep 27, 2018

Pending

TRIANGLEMLS #2192651

—
Sep 20, 2018

Sold (Public Record)

Public Record #631907907

$388,000

+7.8% / yr

Jun 30, 2018

Expired

TRIANGLEMLS #2167976

—
Jun 30, 2018

Expired

AMLS #2186191

$440,000—
Jun 30, 2018

Expired

AMLS #2167976

$440,000—
Jun 30, 2018

Expired

TRIANGLEMLS #2186191

—
May 18, 2018

Price Change

TRIANGLEMLS #2192651

$419,900—
May 18, 2018

Price Change

TRIANGLEMLS #2192651

$399,900—
May 18, 2018

Listed (Active)

TRIANGLEMLS #2192651

$419,900—
Apr 30, 2018

Expired

AMLS #2142033

$515,000—
Apr 20, 2018

Listed (Active)

AMLS #2186191

$440,000—
Apr 20, 2018

Listed (Active)

TRIANGLEMLS #2186191

$440,000—
Jan 14, 2018

Listed (Active)

TRIANGLEMLS #2167976

$515,000—
Jan 14, 2018

Listed (Active)

AMLS #2167976

$515,000—
Jul 20, 2017

Listed (Active)

AMLS #2142033

$515,000—
Jul 28, 2010

Sold (Public Record)

Public Record #293216431

$210,000—
Jul 28, 2010

Sold

TRIANGLEMLS #1724981

$210,000—
Jul 28, 2010

Sold

TRIANGLEMLS #1724981

$210,000—
Jul 28, 2010

Pending

TRIANGLEMLS #1724981

—
Jul 28, 2010

Pending

TRIANGLEMLS #1724981

—
May 5, 2010

Listed (Active)

TRIANGLEMLS #1724981

$349,000—
May 5, 2010

Listed (Active)

TRIANGLEMLS #1724981

$349,000—
DateEvent & SourcePrice
02/21/2025

Price Change

TRIANGLEMLS #10073620

$1,495,000
01/29/2025

Listed (Active)

TRIANGLEMLS #10073620

$1,895,000
06/30/2024

Sold

TRIANGLEMLS #10018920

—
06/30/2024

Pending

TRIANGLEMLS #10018920

—
06/28/2024

Sold

TRIANGLEMLS #10018920

$1,000,000
06/06/2024

Sold (Public Record)

Public Record #1534155094

$1,000,000

+18.0% / yr

04/23/2024

Pending

TRIANGLEMLS #10018920

—
03/22/2024

Listed (Active)

TRIANGLEMLS #10018920

$1,250,000
09/28/2018

Sold

TRIANGLEMLS #2192651

$388,000
09/28/2018

Sold

TRIANGLEMLS #2192651

$388,000
09/28/2018

Pending

TRIANGLEMLS #2192651

—
09/28/2018

Pending

TRIANGLEMLS #2192651

—
09/27/2018

Sold

TRIANGLEMLS #2192651

$388,000
09/27/2018

Pending

TRIANGLEMLS #2192651

—
09/20/2018

Sold (Public Record)

Public Record #631907907

$388,000

+7.8% / yr

06/30/2018

Expired

TRIANGLEMLS #2167976

—
06/30/2018

Expired

AMLS #2186191

$440,000
06/30/2018

Expired

AMLS #2167976

$440,000
06/30/2018

Expired

TRIANGLEMLS #2186191

—
05/18/2018

Price Change

TRIANGLEMLS #2192651

$419,900
05/18/2018

Price Change

TRIANGLEMLS #2192651

$399,900
05/18/2018

Listed (Active)

TRIANGLEMLS #2192651

$419,900
04/30/2018

Expired

AMLS #2142033

$515,000
04/20/2018

Listed (Active)

AMLS #2186191

$440,000
04/20/2018

Listed (Active)

TRIANGLEMLS #2186191

$440,000
01/14/2018

Listed (Active)

TRIANGLEMLS #2167976

$515,000
01/14/2018

Listed (Active)

AMLS #2167976

$515,000
07/20/2017

Listed (Active)

AMLS #2142033

$515,000
07/28/2010

Sold (Public Record)

Public Record #293216431

$210,000
07/28/2010

Sold

TRIANGLEMLS #1724981

$210,000
07/28/2010

Sold

TRIANGLEMLS #1724981

$210,000
07/28/2010

Pending

TRIANGLEMLS #1724981

—
07/28/2010

Pending

TRIANGLEMLS #1724981

—
05/05/2010

Listed (Active)

TRIANGLEMLS #1724981

$349,000
05/05/2010

Listed (Active)

TRIANGLEMLS #1724981

$349,000

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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