CC 04 Front
Screenshot 2025-09-07 at 7.46.09AM
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CC 04 Wetbar
CC 04 Staircase
CC 04 Rooftop
CC 04 Bathroom
CC 04 Living Room 2
CC 04 Living Room
CC 04 Elevations
CC 04 Floorplans
13 photos

$295,000

623 Velma Hopkins Lane, Raleigh, NC 27603
Raleigh, NC 27603
Listed by Richard Johnson · Cityspace Management
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Bring your own builder to this homesite in Caraleigh Commons. located in the heart of the rapidly growing Downtown South District, just minutes from Downtown Raleigh, the NC Farmers Market, and Dix Park. The community features rooftop decks with skyline views, adjacency to protected woodlands, and direct access to the greenway trail system. This site is suitable for homes up to 3000 sqft. Buyers may bring their own custom design or select from a portfolio of over 50 custom designed home plans. The example plans and photos shown are of the Alder plan, a 4-bedroom, 3.5-bath home offering approximately 2,269 square feet and a rooftop deck. For a complete list of available plans and builder referrals please contact the listing broker. This lot comes with key infrastructure already in place, including water and sewer taps, underground electric and cable, curb and gutter, driveway apron, and completed grading. Although public maps may take several months to update, the FEMA Letter of Map Revision is available in the documents section, confirming the engineered structural fill places the lot above the floodplain. This represents one of the last remaining opportunities to build a single-family home in Downtown South, an area rapidly emerging as the exclusive core of Raleigh's next generation of downtown living.

Property details

MLS #
10138501
Property type
Unimproved Land
Subdivision
Caraleigh
Status
Active
Days on market
241
On market date
December 28, 2025
Stories
N/A
Garage spaces
N/A
Lot size
0.05 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Farmington Woods Elementary
6.67 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
616
Student:teacher ratio
13.1:1
District
Wake County Schools
Middle
Martin Middle
3.96 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,003
Student:teacher ratio
14.5:1
District
Wake County Schools
High
Needham Broughton High
2.07 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,098
Student:teacher ratio
16.1:1
District
Wake County Schools

Mortgage calculator

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Est. monthly payment
$1,927/mo
$59,000 down
$236,000 loan
Principal & interest$1,531
Property tax (est.)$246
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.