RateMyAgentGo to search
Back 5301 Thayer Drive
Off Market

5301 Thayer Drive

Raleigh NC 27612

4
3
2994 sq. ft.
19602 sq. ft.
Single-Family
Last sold for $470,000
Whitney McConnellWhitney McConnell, last sold this property on 17 March 2026 after 270 days on market.

Overview

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.

Features

4 bedrooms
3 bathrooms
2994 sq. ft. floor area
19602 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Raleigh over the last 12 months, the estimated median property value of 5301 Thayer Drive is $785k.

Median value
$785k
Estimated value range
$380k - $2.85m
Median days on market
19
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Raleigh. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5301 Thayer Drive

2026
Sold
$470,000
17 Mar 2026 by Whitney McConnell, of Real Broker, LLC
2001
Sold
$217,000
30 Nov 2001 by Peter Rumsey, of Prudential York Simpson Underwood Realty

Happy sellers in Raleigh

87%
87% of sellers in Raleigh reported that their sale price either exceeded or met their price expectations.

Raleigh stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Raleigh over the last 12 months.

Local market activity for 4 bedroom single-family properties in Raleigh

In the last 12 months, 143 four-bedroom single-family properties similar to 5301 Thayer Drive, have been sold.

This represents a 7% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Raleigh

placeholder
Kit Serrell

Sellers who recommend Kit Serrell have praised them for being local expert, clear communication, dedicated, responsive, supportive, reliable, and stress-free process

  •   5   (45 reviews)
  •  2 Reviews in Raleigh
  •  2 Sales in Raleigh
View profile
placeholder
Linda Trevor

Linda Trevor is an award winning recommended agent for Raleigh.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (190 reviews)
  •  1 Review in Raleigh
  •  3 Sales in Raleigh
View profile
placeholder
Patrick Lawson

Sellers who recommend Patrick Lawson have praised them for being local expert, responsive, clear communication, supportive, honest, easy to work with, and trustworthy

  •   5   (31 reviews)
  •  1 Review in Raleigh
  •  1 Sale in Raleigh
View profile
placeholder
Carmen Hopper

Carmen Hopper is a recommended agent for Raleigh.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (13 reviews)
  •  1 Review in Raleigh
  •  1 Sale in Raleigh
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap