Description
All Offers Considered! Also there is an adjacent lot to us approx 1/4 acre on Colleton. Builder Investor looking to sell a Homeplan and build for buyer. If property still available maybe an inquiry about selling that land with ours giving a BuyerInvestor nearly an acre of land on this corner of Milburnie/North Raleigh Blvd expanding potential build options! LOCATION, LOCATION, LOCATION;
Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road;...Note:
All Offers Considered! Also there is an adjacent lot to us approx 1/4 acre on Colleton. Builder Investor looking to sell a Homeplan and build for buyer. If property still available maybe an inquiry about selling that land with ours giving a BuyerInvestor nearly an acre of land on this corner of Milburnie/North Raleigh Blvd expanding potential build options! LOCATION, LOCATION, LOCATION;
Great corner lot convenient to downtown Raleigh at the intersection of North Raleigh Blvd and Milburnie Road;
Outstanding Investment Opportunity; Property Zoned R6 at .7 Acres with the option to pursue multiple build scenarios via subdividing the lot and building single-family, townhomes or duplexes which has to be approved by the Raleigh Planning Department; Raleigh Planning indicates they are receptive to more dense building and possible rezoning based on the new owner interest, again subject to the Raleigh Planning Department Approval: Owner plans to have existing home moved from the lot prior to closing however may be willing to include the home in the sale as-is to the buyer if not able to get it moved in sufficient time. There is a vacant attached lot to our listing on Colleton. If you are able to convince that owner to sell along with buying our property would provide sizeable area on that corner to make a development impact. All Offers presented to Seller!
- Listed by Ron Cooper • The Equity Group
Property Details for 2040 Milburnie Road
Property Details for 2040 Milburnie Road
| Status | Active |
|---|---|
| MLS # | 10105366 |
| Days on Market | 174 |
| Taxes | $3,132 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land / Unimproved Land |
| Year Built | - |
| Lot Size | 0.70 AC |
| County | Wake County |
Location
Building Information for 2040 Milburnie Road
Payment Calculator
$5,944 per month
30 year fixed, 6.28% Interest
$5,683
$261
$0
Property Information for 2040 Milburnie Road
- Zoning: R6
- Directions: From RDU, go I-40E, Exit 289 Wade Ave, to I-440 and Hwy 1 North, Right Turn Wake Forest Road, Left Turn Brookside Drive, Left Turn Glascock St, Right Turn North Raleigh Blvd, Left Turn Milburnie Road, property on your right.
- Subdivision Name: Longview Park
- Latitude: 35.787795
- Longitude: -78.61299
- Road Frontage Type: City Street, 2 Lane Road, 4 Lane Road
- Road Surface Type: Paved
- Association: No
- Tax Annual Amount: $3,131.94
- City Limits Of: Raleigh
- City Limits YN: Yes
- Lot Number: 18-19
- Restrictive Covenants YN: Yes
- School District Link: https://www.wcpss.net/
- Comp Sale YN: No
- Original MLS: Triangle MLS Inc
- Property Leased YN: No
- Years Owned: 1 or More Year(s)
- Elementary School: Wake - Underwood
- Middle Or Junior School: Wake - Martin
- High School: Wake - Enloe
- Lot Size Dimensions: 107 x 230 x 180 x 219
- Parcel Number: 0032992
- List PriceAcre: 1642857.14
- Power Production YN: No
- Road Frontage Length: 410
- Photos Count: 8
- Below Grade Finished Area Units: Square Feet
- Senior Community: No
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
- Water Source: Public
- Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
- Pool Private: No
- Interior: Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
- Property Type: Land
- Property Class Name: CrossProperty
Property History for 2040 Milburnie Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 31, 2025 | Price Change TRIANGLEMLS #10105366 | $1,150,000 | — |
| Jun 24, 2025 | Listed (Active) TRIANGLEMLS #10105366 | $1,300,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/31/2025 | Price Change TRIANGLEMLS #10105366 | $1,150,000 |
| 06/24/2025 | Listed (Active) TRIANGLEMLS #10105366 | $1,300,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2040 Milburnie Road
Schools near 2040 Milburnie Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Underwood Elementary PublicK to 5 | ||
Martin Middle Public6 to 8 | ||
William G Enloe High Public9 to 12 | ||
Phillips High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of The Equity Group
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
