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.
For sale
$485,000
5301 Thayer Dr, Raleigh, NC 27612
4beds
2,994sqft
Est.:
Single Family Residence, Residential
Built in 1971
0.45 Acres Lot
$474,400 Zestimate®
$162/sqft
$-- HOA
What's special
Excellent visibilityGenerous frontageMature trees
- 21 days |
- 2,730 |
- 76 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 11:48pm
Listed by:
Whitney McConnell 919-830-1845,
Real Broker, LLC
Source: Doorify MLS,MLS#: 10136719
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat Pump
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 2,994
- Total interior livable area: 2,994 sqft
- Finished area above ground: 2,994
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Circular Driveway, Paved
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
- Has view: Yes
Lot
- Size: 0.45 Acres
- Features: Back Yard, Corner Lot, Greenbelt, Many Trees, Sloped Down
Details
- Parcel number: 170613044069000 0065783
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Foundation: Slab, See Remarks
- Roof: Shingle
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: North Hills Estates
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $475,022
- Annual tax amount: $4,162
- Date on market: 12/11/2025
- Road surface type: Paved
Estimated market value
$474,400
$451,000 - $498,000
$3,472/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Listed for sale | $485,000-3%$162/sqft |
Source:  Doorify MLS #10136719 Report a problem | ||
| 11/2/2025 | Listing removed | $500,000$167/sqft |
Source: Doorify MLS #10104246 Report a problem | ||
| 10/21/2025 | Listed for sale | $500,000$167/sqft |
Source: Doorify MLS #10104246 Report a problem | ||
| 6/29/2025 | Pending sale | $500,000$167/sqft |
Source: Doorify MLS #10104246 Report a problem | ||
| 6/19/2025 | Listed for sale | $500,000+130.4%$167/sqft |
Source: Doorify MLS #10104246 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,163 +0.4% | $475,022 |
| 2024 | $4,146 +1.7% | $475,022 +27.7% |
| 2023 | $4,075 +7.6% | $372,044 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,760/mo
Principal & interest
$2315
Property taxes
$275
Home insurance
$170
Climate risks
Neighborhood: Six Forks
Nearby schools
GreatSchools rating
- 6/10Brooks ElementaryGrades: PK-5Distance: 0.5 mi
- 5/10Carroll MiddleGrades: 6-8Distance: 1.2 mi
- 6/10Sanderson HighGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Wake - Brooks
- Middle: Wake - Carroll
- High: Wake - Sanderson
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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