Forest Hills Redevelopment Opportunity | New Build Potential Rare investor and builder opportunity in Raleigh's coveted Forest Hills neighborhood, just minutes from the Village District and Downtown Raleigh. This generous homesite offers multiple possibilities - renovate the existing home, pursue a teardown, or build new. Existing plans, project documentation and permits are available for closing, giving buyers a head start on the seller's vision for a striking modern residence. Rendering shown is the seller's proposed home and is for illustrative purposes only. The prime location puts you close to the Village District, NC State, parks, dining, shopping, and major commuter routes. Looking for even more potential? An adjacent parcel is also available, creating the opportunity to acquire two side-by-side properties for multiple new builds, a larger homesite, or a private estate. Home is being sold as-is.
| MLS # | 10169745 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 97 |
| Listing Provided By | Monarch Realty Co. | Jason Queen |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,077 |
| Garage | 2 |
| Story(s) | 2 |
| Zoning | R-6 |
| Acreage | 0.21 |
| Cooling Yes / No | No |
|---|---|
| Cooling | None |
| Fireplace Yes / No | No |
| Rooms Total | 10 |
| Roof | Shingle |
|---|---|
| Foundation Details | Combination, Raised |
| Construction Materials | Unknown |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Tax Assessed Value | 659510 |
|---|---|
| Tax Legal Description | Lo85 Forest Hills Ext |
| Tax Year | 2025 |
| Tax Map Number | 85 |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27607 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - Needham Broughton High |
| Elementary School | Wake - Olds Elementary |
| High School | Wake - Needham Broughton High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $715,000 low | high Med: $395,000 sqft: 4,077 low | high Med: 1,225 $ / sqft: $175 low | high Med: $322 On site: 97 low | high Med: 95 | |
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27607 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| School District | Wake - Needham Broughton High |
| Elementary School | Wake - Olds Elementary |
| High School | Wake - Needham Broughton High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $715,000 low | high Med: $395,000 sqft: 4,077 low | high Med: 1,225 $ / sqft: $175 low | high Med: $322 On site: 97 low | high Med: 95 | |
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