A rare opportunity for a .75 acre wooded estate lot in one of Raleigh's most sought after neighborhoods. Sitting gently above street level and measuring approximately 115 feet wide and 271 feet deep, this property offers an exceptional starting point for a custom home in a truly prime setting. Located in the Lacy, Martin, and Broughton school district, the lot provides the combination of privacy, scale, and location that is increasingly difficult to find. The setting feels tucked away, yet is remarkably convenient, just minutes from the Ridge Road and Lake Boone Trail intersection. Lacy and Martin are an easy walk, and Whole Foods at Ridgewood Shopping Center is less than 1.5 miles away. Quick access to the Beltline, RDU Airport, and Research Triangle Park makes this an ideal opportunity for those seeking a long term investment or a custom estate home in a first class Raleigh location.
Pending
$795,000
3401 Ocotea St, Raleigh, NC 27607
3beds
2,862sqft
Est.:
Single Family Residence, Residential
Built in 1966
0.72 Acres Lot
$792,900 Zestimate®
$278/sqft
$-- HOA
What's special
- 25 days |
- 2,437 |
- 120 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 21, 2026 at 01:14pm
Listed by:
Frank DeRonja 919-669-7993,
Corcoran DeRonja Real Estate,
Sara DuChon 919-745-7564,
Corcoran DeRonja Real Estate
Source: Doorify MLS,MLS#: 10141068
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Other
Features
- Flooring: Brick, Carpet, Parquet, Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,862
- Total interior livable area: 2,862 sqft
- Finished area above ground: 2,862
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Has view: Yes
Lot
- Size: 0.72 Acres
Details
- Parcel number: 0795326527
- Zoning: R-4
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Foundation: Raised
- Roof: Other
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Subdivision: To Be Added
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $278/sqft
- Tax assessed value: $917,518
- Annual tax amount: $8,182
- Date on market: 1/14/2026
Estimated market value
$792,900
$753,000 - $833,000
$3,990/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2026 | Pending sale | $795,000$278/sqft |
Source: | ||
| 1/14/2026 | Listed for sale | $795,000$278/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,022 +0.4% | $917,518 |
| 2024 | $7,989 +26.2% | $917,518 +58.5% |
| 2023 | $6,332 +7.6% | $579,053 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,527/mo
Principal & interest
$3798
Property taxes
$451
Home insurance
$278
Climate risks
Neighborhood: Glenwood
Nearby schools
GreatSchools rating
- 7/10Lacy ElementaryGrades: PK-5Distance: 0.2 mi
- 6/10Martin MiddleGrades: 6-8Distance: 0.4 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Wake - Lacy
- Middle: Wake - Martin
- High: Wake - Broughton
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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