5301 Thayer Dr, Raleigh, NC 27612

$470,000
4
BD
3
BA
2,994
SqFt

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Seller Representative Real Broker, LLC

Buyer Representative

Sold Price
$470,000
List Price
$485,000
Closing Date
Mar 17, 2026
Status
CLOSED
MLS#
10136719
Bedrooms
4
Bathrooms
3
Full-baths
3
Living Area
2,994
Lot Size
19,602
Subdivision
North Hills Estates
Year Built
1971
Acres
0.45

Property 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.

Additional Information

Style
Ranch
Foundation
Slab
Exterior Features
Private Yard
Elementary School
Wake - Brooks
Middle School
Wake - Carroll
High School
Wake - Sanderson
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Available
Water
Public
Flooring
Carpet, Laminate
Roof
Shingle
Heating
Heat Pump
Vegetation
Grassed, Natural State

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .