5301 Thayer Drive, Raleigh, NC 27612
$485,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
2,994
Lot Size (sq. ft.):
19,602
Status:
Active
Current Price:
$485,000
List Date:
12/11/2025
Last Modified:
2/04/2026
Description
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.
More Information MLS# 10136719
Contract Information
Comp Sale YN: No
Years Owned: 1 or More Year(s)
Property Leased YN: No
Original MLS: Triangle MLS Inc
Location, Tax, and Legal
Lot Number: 10
Postal Code +4: 5947
Country: US
City Limits Of: Raleigh
Elementary School: Wake - Brooks
Middle Or Junior School: Wake - Carroll
High School: Wake - Sanderson
City Limits YN: Yes
Restrictive Covenants YN: Yes
General Property Information
Main Level Bedrooms YN: Yes
Main Level Bedrooms: 4
Above Grade Finished Area: 2994
Below Grade Finished Area: 0
Living Area: 2994
Total Unfinished Area: 0
Lot Size Acres: 0.45
Lot Size Square Feet: 19602
Association YN: No
Enhanced Accessible: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 4
Senior Community YN: No
Primary Residence YN: Yes
Basement YN: No
Stories: 1
Remarks and Miscellaneous
Syndication Remarks: 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.
Financial Remarks: Please provide proof of funds or pre-approval with all offers.
Status Change Information
Status Change Timestamp: 2025-12-11
Architectural Style
Ranch: 1
Construction Materials
Wood Siding: 1
Cooling
Wall/Window Unit(s): 1
Disclosures
Lead Based Paint: 1
Seller Disclosure: 1
Documents Available
Lead Paint Disclosure: 1
Mineral Oil and Gas Rights Disclosure: 1
Property Disclosure Statement: 1
Exterior Features
Private Yard: 1
Flooring
Carpet: 1
Laminate: 1
Foundation Details
Slab: 1
See Remarks: 1
Heating
Heat Pump: 1
Levels
One: 1
Lot Features
Back Yard: 1
Corner Lot: 1
Greenbelt: 1
Many Trees: 1
Sloped Down: 1
Parking Features
Circular Driveway: 1
Paved: 1
Possession
Close Of Escrow: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Sales Options
Cash: 1
Conventional: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Structure Type
House: 1
Subscriber Confirmation
Subscriber Created Text: Yes
Subscriber Took Photos: Yes
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Vegetation
Grassed: 1
Natural State: 1
Water Source
Public: 1
Showing Requirements
Showing Instructions: Go and Show
Room Types
Primary Bedroom: 1
Primary Bedroom Level: Main
Documents
Residential Property Disclosure ›
Listing Office:
Real Broker, LLC
Office Phone: 919-348-2585
Office Email: NCBroker@therealbrokerage.com
Last Updated: February - 04 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
