Discover an extraordinary investment opportunity in the heart of Raleigh at 3716 Pearl Road, one of two parcels being sold together. This mid-century single-family home, built in 1959, offers 5 bedrooms, 2.5 bathrooms, and 2776 sq. ft. of versatile living space, including an attached mother-in-law suite. Situated on 2.97 acres, this property, when combined with the additional lot (MLS#10031336) is ideal for those looking to renovate or redevelop. Pearl Road is known for its great location and friendly community. Currently zoned R-4 for low-scale residential use, this transitional property has the potential for commercial development with proper city council approval and rezoning. Sold as-is, this listing presents a unique chance to invest in a prime location near downtown Raleigh and major highways. Contact us today to explore this exceptional opportunity!
MLS# | 10041334 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Pending |
Year | 1959 |
Days On Site | 253 |
Listing Provided By | EXP Realty LLC | Marti Hampton |
Bed(s) | 5 |
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Bath(s) | 3 Total |
SQ Feet | 2,776 |
Basement | Y |
Story(s) | 1 |
Acreage | 2.97 |
Property View | Yes |
State | NC |
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County | Wake |
City | Raleigh |
Zip Code | 27610 |
Area | Wake |
Community Name | Not in a Subdivision |
School District | Wake County Schools |
Elementary School | Wake County Schools |
Middle School | Wake County Schools |
High School | Wake County Schools |
Listing VS Median (In Not in a Subdivision) | |
Price: $535,000 low | high Med: $420,000 SqFt: 2,776 low | high Med: 1,772 $ / SqFt: $193 low | high Med: $237 On site: 253 low | high Med: 133.000000 |