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For sale
  • $1,200,000

    408 Madison Ave, Cary, NC 27513

    3beds
    1,174sqft
    : 
    Single Family Residence, Residential
    Built in 1971
    0.37 Acres Lot
    $1,159,000 Zestimate®
    $1,022/sqft
    $-- HOA

    What's special

    The largest piece of a 1.12-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.37 Acres of 4 adjacent parcels totaling of 100% buildable 1.12 prime acres of Land in the heart of Downtown Cary! This 1.12-acre continuous land has the potential to be subdivided and built into high-end townhomes, condos, or apartments. With public water, sewer, and power already available, this is a developer's dream in one of the Triangle's most desirable and fast-growing areas! Right next to the Business Development District of Town of Cary, just a short walk to bus stops, Cary Station, shopping, restaurants, coffee shops, banks, Cary Downtown Park, museums, and the new library, These 4 adjacent parcels offer unbeatable location, walkability, and long-term value. Whether you are a builder, investor, or developer, This is your chance to secure a large footprint in downtown Cary-an opportunity that rarely comes along! The combined listings are 10093410, 10094396, 10095144. Lot limits are just for illustration. Accurate lot lines will be decided by survey. Buyers are responsible for verifying the details for development.
    62 days
    on Zillow
    |
    382
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 13, 2025 at 02:08pm

    Listed by:

    Xueni Chang 984-710-6853,

    Costello Real Estate & Investm

    Source: Doorify MLS,MLS#: 10089900MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 408 Madison Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Hot Water, Natural Gas
    Cooling
    • Ceiling Fan(s), Electric, Gas
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 1,174
    • Total interior livable area: 1,174 sqft
    • Finished area above ground: 1,174
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached, Open
    • Attached garage spaces: 1
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 0764.17223054.000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Batts Insulation, Blown-In Insulation, Fiber Cement, HardiPlank Type, Shake Siding
    • Foundation: Raised
    • Roof: Asphalt, Fiberglass
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Cary

    Financial & listing details

    • Price per square foot: $1,022/sqft
    • Tax assessed value: $367,915
    • Annual tax amount: $3,104
    • Date on market: 4/17/2025
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