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$975,000
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Property Description
Excellent development opportunity in a prime Raleigh location! Zoned OX-5 with a preliminary site plan for multifamily or up to 10 townhomes. The property includes a natural area ideal for a community garden, pocket park or other landscaped amenity. Recently recombined to 1.634 acres with a recorded right-of-way providing additional access from New Bern Ave. Just minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. The New Bern Ave BRT (Bus Rapid Transit) corridor has recently begun construction. Seller financing is available and now is the time to invest in this emerging, transit-oriented health and education district!
Full Property Details
Full Property Details for 2802 Milburnie Rd
General
- Price: $975,000
- Taxes: $3,373
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10145535
- Updated: 4/7/2026
- Added to Site: 115 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: Private Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Available
Lot Features
- Lot Size (Acres): 1.63
- Lot Size (Sq. Ft.): 71,002.8
- Lot Dimensions: see available plat
- Frontage: Public Road
- Street/Road Desc.: Paved
- Best Use: Mixed Use, Multi-Family
- Zoning: OX-5
Financial Considerations
- Price Per Acre: $598,159.51
- Tax Amount: $3,373.41
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 172417112424000 0016109
- Lot Number: 1
Listed by EXP Realty 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 ATTOM Data Solutions 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
4/07/2026
Price Reduced
$975,000
-7.14%
MLS
2/09/2026
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
-100%
$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# 10145535) is a Lots/Land property with a lot size of 1.63 acres. 2802 Milburnie Road is currently listed for $975,000 and was received on February 09, 2026. 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.

