SoldMar 17, 2026

Listed and Bought with Whitney McConnell from Real Broker, LLC

Source: Triangle MLS, Inc. #10136719

5301 Thayer Drive, Raleigh, NC, 27612

$470,000

4
3
2994 sq. ft.
19602 sq. ft.

SingleFam

30+ days on the market

Sold: Mar 17, 2026

What's around 5301 Thayer Drive

About this property

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.

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