Milburnie Map - 2802 Milburnie Road, Raleigh, NC 27610, Raleigh
MLS 2 - 2802 Milburnie Road, Raleigh, NC 27610, Raleigh
015-1280x960-photo - 2802 Milburnie Road, Raleigh, NC 27610, Raleigh
017-1280x960-photo - 2802 Milburnie Road, Raleigh, NC 27610, Raleigh
4 photos

$975,000

2802 Milburnie Road, Raleigh, NC 27610
Raleigh, NC 27610
Listed by Beth Martin · EXP Realty LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Exceptional development opportunity in a rapidly evolving Raleigh corridor! This 1.634-acre site is zoned OX-5 and offers outstanding flexibility with a preliminary site plan supporting multifamily development or up to 10 townhomes. A recorded right-of-way provides additional access from New Bern Avenue, enhancing connectivity and future potential. The property also features a natural area that could serve as a community garden, pocket park, or other thoughtfully designed green space. Ideally located just minutes from WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail, the site is positioned to benefit from the ongoing transformation of the New Bern Avenue Bus Rapid Transit (BRT) corridor, where construction is now underway. Seller financing is available, making this a compelling opportunity to invest in Raleigh's growing transit-oriented health and education district.

Property details

MLS #
10145535
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
198
On market date
February 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.634 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Douglas Elementary
4.28 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
562
Student:teacher ratio
12.5:1
District
Wake County Schools
Middle
Martin Middle
5.63 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
Enloe High
0.77 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
2,416
Student:teacher ratio
17.0:1
District
Wake County Schools

Mortgage calculator

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Est. monthly payment
$6,022/mo
$195,000 down
$780,000 loan
Principal & interest$5,059
Property tax (est.)$813
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.