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517 Buck Jones Road · Raleigh, NC 27606

Raleigh, NC 27606 · Roylene Acres
PendingUnimproved LandRoylene AcresRaleigh TownshipWake County
$2,989,990
Listed May 7, 2026

0
Bathrooms

5.18
Acres
Roylene AcresRaleigh TownshipWake CountyMLS 10165568

517 Buck Jones RoadPending
$2,989,990 · 0 ba

Highlights

  • Approved Administrative Site Review
  • 64-Unit Multifamily Development
  • 54-Unit Townhome Community
  • Highly Sought-After Location
  • 5 Minutes To I-440
  • NC State University

About this home

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.

Location

Raleigh Township · Wake County · Raleigh, NC

Property history

  1. Pending saleSource: IDX Doorify MLS #10165568$2,989,990
  2. Listed for saleSource: IDX Doorify MLS #10165568$2,989,990

Nearby listings

Near 517 Buck Jones Road · Raleigh, NC 27606

Status

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  • All
  • Sold (11)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

517 Buck Jones Road
Roylene Acres · This home
$2,989,990
5.18
Under Contract
Oct 8, 2026

Showing 6 of 11 nearby listings

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Cameron Saemann
Cameron Saemann
Broker in Charge

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.

Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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.