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$485,000
2 Days On Site

5301 Thayer Drive
Raleigh, NC 27612

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,994
SqFt
$162
/SqFt
1971
Built
Subdivision:
North Hills Estates
County:
Wake

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5301 Thayer Drive5301 Thayer Drive5301 Thayer Drive5301 Thayer Drive
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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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Listing Snapshot
Price 
$485,000
Days On Site 
2 Days
Bedrooms 
4
Inside Area (SqFt) 
2,994 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.45 Acres
Year Built 
1971
MLS® Number 
10136719
Status 
Active
Property Tax 
$4,162.67
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.45
Foundation 
SlabSee Remarks
Levels 
One
Number Of Stories 
1
Parking 
PavedCircular Driveway
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2994
SqFt Total 
2994
Style 
Ranch
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R4
Interior Features
Cooling 
Wall/Window Unit(s)
Flooring 
CarpetLaminate
Heating 
Heat Pump
Main Level Bedrooms 
4
Master Bedroom 
Level - Main
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Exterior Features
Construction Details 
Wood Siding
Exterior 
Private Yard
Lot Features 
Back YardCorner LotGreenbeltMany TreesSloped Down
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Unknown
Elementary School
Wake - Brooks
Middle School
Wake - Carroll
High School
Wake - Sanderson
Listing courtesy of Whitney McConnell of Real Broker, LLC



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-12-13 03:24 PM UTC

Neighborhood & Commute
Source: Walkscore
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