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$3,150,000
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Property Description
Inside the Beltline property (Zoned R-10) is fully entitled and shovel ready for 59 townhome lots. Close proximity to Raleigh Country Club, WakeMed Hospital, and I-440 and Wake County's new $130M Health and Human Services Campus. Less than 4 miles from downtown Raleigh. All due diligence materials (Phase 1, Survey, Topo, Subdivision Plan, Construction Drawings, Construction Bids available) available upon request after NDA is executed. 19,500 VPD on Poole Rd and 112,000 VPD on I-440. All interior units are 21' Wide and end units are 24' Wide (with exception of 3 buildings that have 21' Wide end units). Adjacent to The Montage Phase 1 residential development consisting of 60 single family and 32 townhomes. Please no trespassing on the property without seller's consent.
Full Property Details
Full Property Details for 500 Rawls Dr
General
- Sold For: $3,150,000
- Status: Closed
- Type: Lots/Land
- Source: 2218
- MLS ID: 2488649
- Added to Site: 1, 111 day(s) ago
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: East on New Bern Avenue from Downtown Raleigh. Right on Donald Ross Dr past Raleigh Country Club. Left on Warren Ave to end of street. Alternatively, East on Poole Road past Donald Ross Dr. Left on Rawls Dr to end of street
- City Limits: Yes
School Information
- Elementary School: Wake - Oak Grove
- Middle School: Wake - Dillard
- High School: Wake - Enloe
Utilities
- Sewer: Other
- Water: Other
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available, None
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 7.86
- Lot Size (Sq. Ft.): 342,381.6
- Frontage: Other
- Lot Features: Rolling Slope
- Zoning: R-10
Financial Considerations
- Price Per Acre: $397,837.15
Disclosures and Reports
- Special Conditions: Seller Licensed Real Estate Professional
Listed by BIG Realty Company, Nathan Becker (919) 889-0059
Sold by Non Member Office, Non Member
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Schools
Schools serving 500 Rawls Dr
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Oak Grove Elementary, Raleigh, NC 10401 Penny Road, Raleigh, NC 27606 | PK-5 | 11.8 mi |
Dillard Drive Middle 5200 Dillard Drive, Raleigh, NC 27606 | 6-8 | 7.8 mi |
William G Enloe High 128 Clarendon Crescent, Raleigh, NC 27610 | 9-12 | 1.1 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 500 Rawls Dr
Date
Details
Price
Change
Source
9/19/2025
Sold
$3,150,000
0.74%
MLS
1/02/2023
Listed
$3,127,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 Rawls Drive, Raleigh, NC 27610 (MLS# 2488649) is a Lots/Land property that was sold at $3,150,000 on September 19, 2025. Want to learn more about 500 Rawls Drive? 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.

