5301 Thayer Drive Raleigh, NC 27612 Pending
UPDATED: 02/19/2026 07:04 AM ON MARKET: 89 days on market
$485,000
4 Beds3 Baths2,994 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,994 sqft
Price per Sqft $161
Subdivision North Hills Estates
MLS Listing ID 10136719
Style House
Bedrooms 4
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,994
Year Built 1971
Annual Tax Amount $4,162
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Single Family Residence
Source Triangle MLS
Property Description
Discover a rare North Hills teardown opportunity on nearly a half-acre corner basement lot that backs to the Mine Creek Greenway. The existing home was built on a slab foundation over unstable fill and has experienced significant structural issues over time; the property is being sold for land value only. Square footage is based on tax records and may not accurately reflect current conditions. Exterior viewings only.
Located just 5 minutes from North Hills and 5 minutes from Crabtree Valley Mall, this site offers unmatched convenience to Midtown's top dining, shopping, parks, and magnet school options. Easy access to I-440, Shelley Lake, and the North Hills Club makes this an exceptional setting for those looking to build in a high-demand area.
Ideal for custom-home clients, spec builders, or anyone seeking a build-on-your-lot opportunity in a proven luxury infill corridor. With mature trees, generous frontage, and excellent visibility, 5301 Thayer Drive presents a standout canvas for a future new-construction home with strong long-term value in one of Raleigh's most desirable neighborhoods.


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