IMG_1819 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1817 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1816 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1815 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1813 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1811 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1814 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1812 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
IMG_1810 - 5605 North Hills Drive, Raleigh, NC 27612, Raleigh
9 photos

$550,000

5605 North Hills Drive, Raleigh, NC 27612
Raleigh, NC 27612
Listed by Katherine Peterson · Coldwell Banker HPW
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
1973

About this home

BACK ON THE MARKET. The previous buyer back out during due diligence for reasons unrelated to the property. Bring us an offer! PRIME MIDTOWN RALEIGH TEARDOWN / REDEVELOPMENT LOT - 0.31-acre R-4 zoned lot with no HOA located in a proven redevelopment corridor just minutes from North Hills. Surrounded by ongoing teardown activity and high-end custom construction, including the adjacent lot currently cleared for new construction, this site offers immediate confirmation of redevelopment momentum. Gently sloped, rectangular lot (approximately 90' × 150') provides an efficient footprint for a new custom build. Public water and sewer available. Lot extends beyond existing rear fence (buyer to verify). Existing 1,924 SF 1973 structure conveys strictly as-is and is being marketed for land value only. Ideal for builder or end-user seeking to replace existing housing stock in a rapidly transitioning area with strong resale support from recent nearby new construction. Convenient access to North Hills, Shelley Lake Park, greenways, shopping, dining, and major commuter routes. Exterior/showings of lot only.

Property details

MLS #
10161071
Property type
Single Family Residence
Subdivision
Briarwood
Status
Active
Days on market
64
On market date
August 6, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
4
Lot size
0.31 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Lynn Road Elementary
1.32 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
522
Student:teacher ratio
12.4:1
District
Wake County Schools
Middle
Carroll Middle
1.13 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
901
Student:teacher ratio
14.3:1
District
Wake County Schools
High
Sanderson High
0.82 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,610
Student:teacher ratio
16.8:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

77
Walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes8
Grocery stores2
Parks6
Schools13
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 64 days -- 39 fewer days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 6, 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.