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Listing courtesy of Real Broker, LLC

5301 Thayer Drive
Raleigh, NC 27612

Home for sale - North Hills Estates

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.

Open House:

  • Listing Price: $485,000

  • Square Feet: 2994

  • Bedrooms: 4

  • Bathrooms: 3 full, 0 half

  • Acres: 0.45

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Last updated 2025-12-27T04:49:57Z

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IDX CopyrightThe data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnail logo and detailed information about them includes the name of the listing firms. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.