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517 Buck Jones Road, Raleigh, NC 27606

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For Sale

$3,338,900

4.84 acres

Estimated Payment

$ 15,249 /mo.

5% APR for 30 yrs.
$10,924 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 4.8 acres
    Lot size

Explore this Property

Prime Development Opportunity in the Heart of Raleigh! Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan an option that aligns with the growing demand for flexible housing solutions. Situated in a highly sought-after location, this property offers exceptional accessibility just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle. Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project. Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape. ***Please submit all Highest and Best Offer by 12/20/24 by 5PM***
MLS# 10067280

Courtesy Of B & B Realty Group, LLC dba Keller Williams Preferred Realty

(919) 471-8000

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    4.84 Acres

Map and Directions

Directions to 517 Buck Jones Road, Raleigh, NC 27606
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Home seller CENTURY 21 Triangle Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Triangle Group

(919) 720-4217
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $14,339
  • Property Taxes
    $910
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $15,249

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Farmington Woods Elementary School

Grades PK-5 Public School


Cary, NC 27511 2.7 miles
1413 hampton valley rd

672 total students
14:1 Student teacher ratio

Adams Elementary School

Grades PK-5 Public School


Cary, NC 27511 1.7 miles
805 cary towne blvd

536 total students
13:1 Student teacher ratio

Athens Drive Magnet High School

Grades 9-12 Public School


Raleigh, NC 27606 1.2 miles
1420 athens dr

2082 total students
17:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Grace Christian School 0.4 miles Private KG-12
Learn With The Best School, Inc. 0.7 miles Private 1-12
Connections Academy 0.8 miles Public 6-8
Renaissance Montessori School Of Cary 0.8 miles Private PK-KG
Mount Vernon 1.2 miles Public KG-8 C+
The Raleigh School 1.4 miles Private PK-5
Score Academy 1.5 miles Public 9-12 D-
Crossroads Flex 1.5 miles Public 9-12 A-
Dillard Drive Magnet Middle School 1.6 miles Public 6-8 D
Dillard Drive Elementary School 1.7 miles Public PK-5 D
Combs Magnet Elementary School 1.7 miles Public PK-5 B
Adventist Christian Academy Of Raleigh 1.9 miles Private PK-8
Children's Discovery Center 1.9 miles Private PK-TKG
Cardinal Gibbons High School 1.9 miles Private 9-12
East Cary Magnet Middle School 1.9 miles Public 6-8 C-
Cary High School 1.9 miles Public 9-12 B+
Swift Creek Elementary School 2.1 miles Public PK-5 B
Triangle Montessori Academy 2.4 miles Private PK-4

Grace Christian School

Distance: 0.4 miles

Type Private

Grades: KG-12

Learn With The Best School, Inc.

Distance: 0.7 miles

Type Private

Grades: 1-12

Connections Academy

Distance: 0.8 miles

Type Public

Grades: 6-8

Renaissance Montessori School Of Cary

Distance: 0.8 miles

Type Private

Grades: PK-KG

Mount Vernon

Distance: 1.2 miles

Type Public

Grades: KG-8

C+

The Raleigh School

Distance: 1.4 miles

Type Private

Grades: PK-5

Score Academy

Distance: 1.5 miles

Type Public

Grades: 9-12

D-

Crossroads Flex

Distance: 1.5 miles

Type Public

Grades: 9-12

A-

Dillard Drive Magnet Middle School

Distance: 1.6 miles

Type Public

Grades: 6-8

D

Dillard Drive Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

D

Combs Magnet Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

B

Adventist Christian Academy Of Raleigh

Distance: 1.9 miles

Type Private

Grades: PK-8

Children's Discovery Center

Distance: 1.9 miles

Type Private

Grades: PK-TKG

Cardinal Gibbons High School

Distance: 1.9 miles

Type Private

Grades: 9-12

East Cary Magnet Middle School

Distance: 1.9 miles

Type Public

Grades: 6-8

C-

Cary High School

Distance: 1.9 miles

Type Public

Grades: 9-12

B+

Swift Creek Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

B

Triangle Montessori Academy

Distance: 2.4 miles

Type Private

Grades: PK-4

Local area information for Raleigh, NC 27606

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Raleigh, NC 27606

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are below the national average.

89° July
Hottest Average Month

30° January
Coldest Average Month
21,768 Total Households in Area
19.1%
of households
have children
19 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Raleigh, NC 27606

Raleigh, NC 27606 has a population of 53,416 people in 21,768 households with a median age of 31.9 years old.

Up 3.1%
Increase in population
since the year 2010

Population is Trending up
20,647
Total households as of 2010
Up
7.9%

Community Population By Age

Community Population By Ethnicity

White 57%
Black 16%
Asian 12%
Hispanic 10%
Other 6%
Native American <1%

Economics
for Raleigh, NC 27606

2,084 /sq mi
Population Density
$71,107 /yr
Median Household Income
$420,000
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 74%
  • Work from Home 19%
  • Public Transit 4%
  • Walk or Bike 3%

Occupancy by Type

Rented 14,136 61%
Owned 7,632 33%
Vacant 1,532 7%

White vs Blue Collar Jobs







White Collar 87%
Blue Collar 13%

Family & Education Facts
for Raleigh, NC 27606

31.9 Median Age

Average Household Size

2.2
persons per
household

32.6%

Married Households

Community Population By Education

Bachelors Degree 34%
Graduate Degree 26%
Some College 14%
High School Graduate 11%
Some High School 8%
Associates Degree 7%

Household Family Expenses vs National Average

19.1% of households have children

Weather
for Raleigh, NC 27606

The weather for this area ranges from a high of 89° F in July to a low of 30° F in January

89° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
51°
Feb
32°
54°
Mar
39°
63°
Apr
47°
72°
May
56°
79°
Jun
64°
86°
Jul
68°
89°
Aug
67°
87°
Sep
61°
82°
Oct
49°
72°
Nov
39°
63°
Dec
32°
53°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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