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Sold for $1,500,000
  • $1,500,000

    722-724 72 S Saunders St #5, Raleigh, NC 27603

    --beds
    --baths
    0.85Acres
    Unimproved Land, Land
    Built in ----
    0.85 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    This 0.85 acre site features stunning skyline views and has pre-site plan approval for 10 large townhouse-style condos. It is suitable for a 6 or 7 story building with up to 32 condominium units. It is presently zoned for 3 stories mixed use, but is adjacent to 7 story zoning and would be simple to up-zone to a similar zoning. Currently divided into 5 original lots, the seller will provide recombination documents, certified pre-existing impervious surface certifications and other work products.

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 02:11pm

    Listed by:

    Richard Johnson 919-271-1021,

    Cityspace Management

    Bought with:

    Davis Holt, 275522

    Compass -- Cary

    Source: Doorify MLS,MLS#: 2518013MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    Lot
    • Size: 0.85 Acres
    • Features: Corner Lot, Level

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available

    Community & neighborhood

    Location
    • Region: Raleigh
    • Subdivision: Not in a Subdivision

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/20/2024Sold$1,500,000-23.1%
    Source: Doorify MLS #2518013 Report a problem
    9/14/2023Pending sale$1,950,000
    Source: Doorify MLS #2518013 Report a problem
    6/23/2023Listed for sale$1,950,000
    Source: Doorify MLS #2518013 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Conn
    • Middle: Wake - Centennial Campus
    • High: Wake - S E Raleigh

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.