$1,050,000

2802 Milburnie Rd Raleigh, NC 27610

King Charles Neighborhood

Estimated payment $5,826/month

Total Views 3,057
1.64 Acres
$640,244 Price per Acre
71,438 Sq Ft Lot

Highlights

  • 1.64 Acre Lot
  • Partially Wooded Lot
  • 3-minute walk to Culpepper Circle Park
  • Douglas Elementary Rated A-
  • No HOA

About This Lot

Excellent development opportunity in prime Raleigh location! Zoned OX-5 (Mixed Use) with an unapproved preliminary site plan for apartment building or up to 10 townhomes. The property also benefits from a natural area ideal for a community garden, pocket park, walking trail, or other landscaped amenity. Recently recombined to 1.634 acres; ROW agreement is in place for access from New Bern Ave; Milburnie Rd frontage. The New Bern Ave BRT (Bus Rapid Transit) corridor is slated to begin construction Fall 2025. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Now is the time to invest in this emerging, transit-oriented health and education district! Maps and proposed site plans available for review.

Listing Agent

Beth Martin

Sizemore Realty Group, LLC License #231113 Listed on: 10/02/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,373

Lot Details

  • 1.64 Acre Lot
  • Partially Wooded Lot
  • Property is zoned OX-5

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1724112444

Property Details

Property Type

Land

Est. Annual Taxes

$3,373

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: Plat Available
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Excellent development opportunity in prime Raleigh location! Zoned OX-5 (Mixed Use) with an unapproved preliminary site plan for apartment building or up to 10 townhomes. The property also benefits from a natural area ideal for a community garden, pocket park, walking trail, or other landscaped amenity. Recently recombined to 1.634 acres; ROW agreement is in place for access from New Bern Ave; Milburnie Rd frontage. The New Bern Ave BRT (Bus Rapid Transit) corridor is slated to begin construction Fall 2025. Minutes to WakeMed Raleigh, I-440, Downtown Raleigh, and Crabtree Creek Trail. Now is the time to invest in this emerging, transit-oriented health and education district! Maps and proposed site plans available for review.
  • General Property Information Senior Community YN: No
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 71438.4
  • General Property Information Lot Size Acres: 1.64
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Mixed Use, Residential

Exterior Features

  • Acres: 1.64
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: OX-5
  • Current Use: Vacant
  • Lot Dimensions: Plat Available
  • Lot Size Sq Ft: 71438.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1724112444

Tax Info

  • Tax Annual Amount: 3373.41
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $386,814 $386,814 --
2024 $3,359 $386,814 $386,814 $0
2023 $2,783 $255,297 $255,297 $0
2022 $2,585 $255,297 $255,297 $0
2021 $2,484 $255,297 $255,297 $0
2020 $2,439 $255,297 $255,297 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 For Sale $1,050,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Source: Doorify MLS

MLS Number: 10125425

Doorify MLS

APN: 1724.17-11-2424-000

North Carolina Wake County Raleigh 27610 King Charles

2802 Milburnie Rd, Raleigh, NC

For Sale

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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Beth Martin
Listing Agent
Beth Martin
Section Image
Sizemore Realty Group, LLC
(984) 314-5723