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Listing courtesy of Compass -- Cary

1011 Oberlin Road
Raleigh, NC 27605

Home for sale - Not in a Subdivision

A rare opportunity to secure a premier parcel in one of Raleigh's most desirable and established locations. This exceptional property offers approved plans for a four-unit building, with construction drawings already prepared, providing a valuable head start for developers and investors looking to move quickly on a high-demand project. In a market where time, entitlement progress, and location matter more than ever, opportunities like this are increasingly scarce. The site is ideally suited for those looking to capitalize on strong demand for well-located housing in the urban core. Whether the vision is boutique residences, investment holdings, or resale opportunities, much of the preliminary work has already been completed to help accelerate the path forward. For buyers seeking a custom residential homesite, the parcel also presents an outstanding opportunity for a stunning single-family residence. Build a tailored home in a location where new construction options are limited and surrounded by some of Raleigh's most iconic neighborhoods. Perfectly positioned near the Village District, the property offers immediate access to some of the city's best shopping, dining, coffee shops, fitness studios, and everyday conveniences. Enjoy close proximity to Downtown Raleigh, Glenwood South, Five Points, NC State University, and major commuter routes, all while being tucked into a location known for its charm, walkability, and enduring value. Whether for development, investment, or a dream home, this is a chance to create something special in the heart of Raleigh.

Open House:

  • Listing Price: $599,000

  • Square Feet:

  • Bedrooms:

  • Bathrooms: full, half

  • Acres: 0.23

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Last updated 2026-09-14T04:59:54Z

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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 2026 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.