5416 Chapel Hill Road, Raleigh, NC 27607 - Photo 1

1/1

$500,000

Sold
Closed
Single Family
4 Beds
1 Full Bath
1 Partial Bath
2,970 Sq. Ft.
0.49 Acres

1/1

Property Description

🏗️ Prime Development Opportunity Near the Fairgrounds !Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones.This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor.Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K).Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval).Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.

Full Property Details

Full Property Details for 5416 Chapel Hill Rd

General

Sold For: $500,000
Taxes: $3,150
Status: Closed
Type: Single Family
Source: 2218
MLS ID: 10141729
Added to Site: 149 day(s) ago

Interior

Number of Rooms: 16
Fireplace: Yes
Number of Fireplaces: 1
Flooring: Hardwood, Tile

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 4

Parking

Carports: Yes
Carport Spaces: 1

Location

County: Wake
Subdivision: Not in a Subdivision
Driving Directions: Use GPS
City Limits: Yes

School Information

Elementary School: Wake County Schools
Middle School: Wake County Schools
High School: Wake County Schools

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Colonial
Structure Type: House, Mixed Use, Site Built
Exterior Const.: Brick
Basement: Yes
Basement Desc.: Exterior Entry, Unfinished
Roof: Shingle
Stories/Levels: 2
Building Size: 2970
Square Feet: 2,970
Finished Above Grnd: 2,970 Sq. Ft.
Year Built: 1930

Lot Features

Lot Size (Acres): 0.49
Lot Size (Sq. Ft.): 21,344.4
Lot Dimensions: per deed
Zoning: NX-3

Financial Considerations

Tax Amount: $3,150.4

Disclosures and Reports

Special Conditions: Standard
Property ID: 078414326783000 0469730
Lot Number: BM20

Listed by Coldwell Banker HPW, Marika La Sorsa (919) 906-9560
Sold by RE/MAX United, Joe Alercia

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Listing agent

— 5416 Chapel Hill Rd —

Marika La Sorsa

Coldwell Banker HPW

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Schools

Schools serving 5416 Chapel Hill Rd

School District:Wake County Schools

Name	Grades	Distance
Kingswood Elementary 200 East Johnson Street, Cary, NC 27513	PK-5	3.4 mi
Reedy Creek Middle 930 Reedy Creek Road, Cary, NC 27513	6-8	3.2 mi
Athens Drive High 1420 Athens Drive, Raleigh, NC 27606	9-12	1.6 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 5416 Chapel Hill Rd

Date

Details

Price

Change

Source

4/28/2026

Sold

$500,000

-2.91%

MLS

1/15/2026

Listed

$515,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Open House

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Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths

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Just Listed

$429,000

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Active
Updated 2 days ago

5
Beds
3
Total Baths

Listed by Meritage Homes of the Carolina, La Sonda Stasinopoulos

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Just Listed

$300,000

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Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths

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Just Listed

$500,000

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Single Family
Active
Updated 1 hour ago

3
Beds
2
Total Baths

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337 Parker St #17 Garner, NC 27529

Townhouse
Active
Updated 5 days ago

3
Beds
3
Total Baths

Listed by Coldwell Banker HPW, Jim Allen and Coldwell Banker HPW, Tim Johnson

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Price Reduced

-$10,000 (-2.04%)

$479,900

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Single Family
Active
Updated 4 days ago

3
Beds
3
Total Baths

Listed by eXp Realty, LLC - C, April Stephens and eXp Realty, LLC - C, Lauren Wagner

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Price Reduced

-$10,880 (-2.82%)

$375,000

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Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths

Listed by Cambridge & Assoc. R.E. Group, Sarah Gupton Norris

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Price Reduced

-$3,000 (-0.75%)

$396,900

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Single Family
Active
Updated 2 days ago

3
Total Baths

Listed by Down Home Realty And Property, Martie Rye

5416 Chapel Hill Rd, Raleigh, NC 27606 - Photo 1

Sold

$500,000

5416 Chapel Hill Rd Raleigh, NC 27606

Commercial
Closed

2,970
Sq. Ft.

Listed by Coldwell Banker HPW, Marika La Sorsa
Sold by RE/MAX United, Joe Alercia

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Sold

$490,000

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Single Family
Closed

3
Beds
3
Total Baths

Listed by Keller Williams Legacy, Rebecca Ellis
Sold by Choice Residential Real Estate, Cecelia Saylor

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Sold

$535,000

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Single Family
Closed

3
Beds
3
Total Baths

Listed by Compass -- Cary, Holly Hendren and Compass -- Cary, Becky Harper
Sold by Berkshire Hathaway HomeService, Ellen Nightingale

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Sold

$525,000

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Townhouse
Closed

3
Beds
3
Total Baths

Listed by Hodge & Kittrell Sothebys Inte, Allie Parker
Sold by Long & Foster Real Estate INC/Raleigh, Jillian Zoe Swingle

5416 Chapel Hill Road, Raleigh, NC 27607 (MLS# 10141729) is a Single Family property that was sold at $500,000 on April 28, 2026. Want to learn more about 5416 Chapel Hill Road? 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.

5416 Chapel Hill Rd Raleigh, NC 27607