$695,000
About this home
Forest Hills Redevelopment Opportunity | New Build Potential Rare investor and builder opportunity in Raleigh's coveted Forest Hills neighborhood, just minutes from the Village District and Downtown Raleigh. This generous homesite offers multiple possibilities — renovate the existing home, pursue a teardown, or build new. Existing plans, project documentation and permits are available for closing, giving buyers a head start on the seller's vision for a striking modern residence. Rendering shown is the seller's proposed home and is for illustrative purposes only. The prime location puts you close to the Village District, NC State, parks, dining, shopping, and major commuter routes. Looking for even more potential? An adjacent parcel is also available, creating the opportunity to acquire two side-by-side properties for multiple new builds, a larger homesite, or a private estate. Home is being sold as-is.
Property details
- MLS #
- 10169745
- Property type
- Single Family Residence
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 136
- On market date
- May 26, 2026
- Stories
- N/A
- Total bathrooms
- 3.5
- Garage spaces
- 2
- Parking spaces
- 4
- Lot size
- 0.21 acres
Location
Get directions →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).
- Enrollment
- 250
- Student:teacher ratio
- 11.4:1
- District
- Wake County Schools
- Enrollment
- 1,003
- Student:teacher ratio
- 14.5:1
- District
- Wake County Schools
- Enrollment
- 2,098
- Student:teacher ratio
- 16.1:1
- 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).
Market position
How this listing compares to current activity in Raleigh, from live MLS data.
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 24 days ago.
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.