109 Plainview AvenueRaleigh, NC 27604
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This 0.21-acre lot in Raleigh's Belvidere Park is fully cleared and shovel-ready just 1.5 miles from downtown. The former home has been demolished, trees and stumps removed, and tree protection areas established, with ~$35,000 invested in site preparation and improvements to save the buyer time and expense. Utilities (water, sewer, electric) are already connected from the prior home. With R-10 zoning and no infill requirements confirmed by the City of Raleigh, buyers have broad design flexibility (no final house plans have been submitted). Surrounded by new construction and high-end renovations, the area's recent sales support strong resale potential—premium builds nearby have closed in the low- to mid-$400s per sq ft (e.g., ~3,011-sf at ~$434/sf on Watkins; 2,719-sf at ~$414/sf on Midwood), with same-street sales at $410-$439/sf. With estimated build costs around $200/sf, a custom build here can create meaningful ''build vs. buy'' savings versus purchasing existing new construction. Close to parks, cultural amenities, and commuter routes, this ready-to-build lot offers location, flexibility, and long-term value.
| 6 days ago | Listing updated with changes from the MLS® | |
| 7 days ago | Listing first seen on site |
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2025-10-16 11:29 AM UTC
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