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$470,000
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Property Description
Discover a rare North Hills teardown opportunity on nearly a half-acre corner basement lot that backs to the Mine Creek Greenway. The existing home was built on a slab foundation over unstable fill and has experienced significant structural issues over time; the property is being sold for land value only. Square footage is based on tax records and may not accurately reflect current conditions. Exterior viewings only. Located just 5 minutes from North Hills and 5 minutes from Crabtree Valley Mall, this site offers unmatched convenience to Midtown's top dining, shopping, parks, and magnet school options. Easy access to I-440, Shelley Lake, and the North Hills Club makes this an exceptional setting for those looking to build in a high-demand area. Ideal for custom-home clients, spec builders, or anyone seeking a build-on-your-lot opportunity in a proven luxury infill corridor. With mature trees, generous frontage, and excellent visibility, 5301 Thayer Drive presents a standout canvas for a future new-construction home with strong long-term value in one of Raleigh's most desirable neighborhoods.
Full Property Details
Full Property Details for 5301 Thayer Dr
General
- Sold For: $470,000
- Taxes: $4,162
- Status: Closed
- Type: Single Family
- Source: 2218
- MLS ID: 10136719
- Added to Site: 114 day(s) ago
Interior
- Number of Rooms: 1
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Private Yard
Parking
- Parking Features: Circular Driveway, Paved
Location
- County: Wake
- Subdivision: North Hills Estates
- Driving Directions: From I-440: Take the Six Forks Road North exit. Continue on Six Forks, then turn right onto Rowan Street. Turn left onto Thayer Drive. Home is on the right.
- City Limits: Yes
School Information
- Elementary School: Wake - Brooks
- Middle School: Wake - Carroll
- High School: Wake - Sanderson
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Structure Type: House
- Exterior Const.: Wood Siding
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2994
- Square Feet: 2,994
- Finished Above Grnd: 2,994 Sq. Ft.
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,602
- Street/Road Desc.: Paved
- Lot Features: Back Yard, Corner Lot, Greenbelt, Many Trees, Sloped Down
- Zoning: R4
Financial Considerations
- Tax Amount: $4,162.67
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 170613044069000 0065783
- Lot Number: 10
Listed and Sold by Real Broker, LLC, Whitney McConnell (919) 830-1845
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Schools
Schools serving 5301 Thayer Dr
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Brooks Elementary 700 Northbrook Drive, Raleigh, NC 27609 | PK-5 | 0.5 mi |
Carroll Middle 4520 Six Forks Road, Raleigh, NC 27609 | 6-8 | 1.2 mi |
Sanderson High 5500 Dixon Drive, Raleigh, NC 27609 | 9-12 | 1.2 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 5301 Thayer Dr
Date
Details
Price
Change
Source
3/17/2026
Sold
$470,000
-3.09%
MLS
12/10/2025
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5301 Thayer Drive, Raleigh, NC 27612 (MLS# 10136719) is a Single Family property that was sold at $470,000 on March 17, 2026. Want to learn more about 5301 Thayer Drive? Do you have questions about finding other Single Family real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

