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$1,050,000
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Property Description
Excellent development opportunity with seller financing available! Prime Raleigh location zoned OX-5 (Mixed Use) with an unapproved preliminary site plan for apartment building or up to 10 townhomes. This property includes a natural area ideal for a community garden, pocket park, walking trail, or other landscaped amenity. Recently recombined to 1.634 acres with ROW agreement in place for access from New Bern Ave, plus Milburnie Rd frontage. The New Bern Ave BRT (Bus Rapid Transit) corridor is slated to begin construction Fall 2025. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Now is the time to invest in this emerging, transit-oriented health and education district! Maps and proposed site plans available for review.
Full Property Details
Full Property Details for 2802 Milburnie Rd
General
- Price: $1,050,000
- Taxes: $3,373
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10125425
- Updated: 12/4/2025
- Added to Site: 107 day(s) ago
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: From 440 Beltline, go East on New Bern, Right on Shanta, Left on Milburnie, property on left. Also accessible from New Bern via Wakeview Office Condos.
- City Limits: Yes
School Information
- Elementary School: Wake County Schools
- Middle School: Wake County Schools
- High School: Wake County Schools
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 1.64
- Lot Size (Sq. Ft.): 71,438.4
- Lot Dimensions: Plat Available
- Frontage: Public Road
- Street/Road Desc.: Asphalt
- Lot Features: Wooded
- Best Use: Mixed Use, Residential
- Zoning: OX-5
Financial Considerations
- Price Per Acre: $640,243.9
- Tax Amount: $3,373.41
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 1724112444
- Lot Number: 3
Listed by Sizemore Realty Group, LLC, Beth Martin (919) 395-5193
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Schools
Schools serving 2802 Milburnie Rd
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Douglas Elementary 600 Ortega Road, Raleigh, NC 27609 | PK-5 | 4.3 mi |
Martin Middle 1701 Ridge Road, Raleigh, NC 27607 | 6-8 | 5.6 mi |
William G Enloe High 128 Clarendon Crescent, Raleigh, NC 27610 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2802 Milburnie Rd
Date
Details
Price
Change
Source
10/02/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2802 Milburnie Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,373
—
$386,814
—
2024
$3,359
21%
$386,814
52%
2023
$2,783
8%
$255,297
—
2022
$2,585
4%
$255,297
—
2021
$2,484
2%
$255,297
—
2020
$2,439
140%
$255,297
174%
2018
$1,017
5%
$93,093
—
2017
$968
2%
$93,093
—
2016
$948
-12%
$93,093
—
2019
$1,079
12%
$93,093
—
2015
$961
5%
$92,784
—
2014
$911
7%
$92,784
—
2013
$850
—
$92,784
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2802 Milburnie Rd
2802 Milburnie Road, Raleigh, NC 27610 (MLS# 10125425) is a Lots/Land property with a lot size of 1.64 acres. 2802 Milburnie Road is currently listed for $1,050,000 and was received on October 02, 2025. Want to learn more about 2802 Milburnie Road? Do you have questions about finding other Lots/Land real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

