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$2,989,990 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 5.18 Acres
  • Updated 10 hours ago
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Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions.Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.

Full Property Details for 517 Buck Jones Rd

General

  • Price: $2,989,990
  • Taxes: $10,924
  • Status: Active
  • Type: Lots/Land
  • Source: 2218
  • MLS ID: 10165568
  • Updated: 5/7/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Wake
  • Subdivision: Roylene Acres
  • Driving Directions: From Crossroads area, turn right onto Buck Jones. Pass 1st roundabout and continue straight. Property is on the right opposite all Saints Orthodox Church. Driveway is immediately past the black mailbox. Note it is an awkward feeling turn.
  • City Limits: Yes

School Information

  • Elementary School: Wake - Adams
  • Middle School: Wake - Lufkin Road
  • High School: Wake - Athens Dr

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water: Public
  • Utility Description: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Not Available, Water Connected

Structural Information

  • Current Bldg. Use: Development, Investment, Multi-Family, Residential, Single Family, Vacant

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 5.18
  • Lot Size (Sq. Ft.): 225,640.8
  • Lot Dimensions: see survey
  • Frontage: Public Road
  • Street/Road Desc.: Asphalt
  • Best Use: Development, Multi-Family, Residential, Subdivision
  • Zoning: R4-FTDO

Financial Considerations

  • Price Per Acre: $577,218.15
  • Tax Amount: $10,924.7

Disclosures and Reports

  • Special Conditions: Seller Licensed Real Estate Professional
  • Property ID: 39 pt 40
  • Lot Number: 39 pt 40

Listed by NorthGroup Real Estate, Inc., Charles Santos (919) 987-5068

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Listing agent

— 517 Buck Jones Rd —

  • Charles Santos

    NorthGroup Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 517 Buck Jones Rd

School District:Wake County Schools
NameGradesDistance
Adams Elementary
805 Cary Towne Boulevard, Cary, NC 27511
PK-51.7 mi
Lufkin Road Middle
1002 Lufkin Road, Apex, NC 27539
6-87.2 mi
Athens Drive High
1420 Athens Drive, Raleigh, NC 27606
9-121.2 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 517 Buck Jones Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$2,989,990
99.33%
MLS
10/14/2022
Sold
$1,500,000
—
Public Record
Get Price Alerts and Save Property
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 for 517 Buck Jones Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,970
—
$1,255,579
—
2024
$10,925
146%
$1,255,579
210%
2023
$4,435
22%
$405,063
13%
2022
$3,644
4%
$357,889
—
2021
$3,502
2%
$357,889
—
2020
$3,439
7%
$357,889
23%
2018
$3,211
5%
$292,044
—
2017
$3,058
-10%
$292,044
—
2019
$3,404
14%
$292,044
—
2016
$2,995
2%
$292,044
4%
2015
$2,927
5%
$280,755
—
2014
$2,776
7%
$280,755
—
2013
$2,593
—
$280,755
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by NorthGroup Real Estate, Inc., Charles Santos (919) 987-5068

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517 Buck Jones Road, Raleigh, NC 27606 (MLS# 10165568) is a Lots/Land property with a lot size of 5.18 acres. 517 Buck Jones Road is currently listed for $2,989,990 and was received on May 07, 2026. Want to learn more about 517 Buck Jones Road? Do you have questions about finding other Lots/Land real estate for sale in Oberlin Village? You can browse all Oberlin Village real estate or contact a Coldwell Banker agent to request more information.

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