517 Buck Jones Rd

225,640 / 5.18
Lot Size / Acres

Description

Prime Development Opportunity in the Heart of Raleigh! Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions. Situated in a highly sought-after location, this property offers exceptional accessibility--just...Prime Development Opportunity in the Heart of Raleigh! Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions. Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle. Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project. Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.
  1. Listed by Charles Santos • NorthGroup Real Estate, Inc.

Property Details for 517 Buck Jones Road

View
Trees/Woods
View
Yes
Subdivision
Roylene Acres
LISTING UPDATED: 05/07/2026 04:13 PM

Property Details for 517 Buck Jones Road

StatusActive
MLS #10165568
Days on Market33
Taxes$10,925 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size5.18 AC
CountyWake County

Location

Listing Courtesy of NorthGroup Real Estate, Inc.
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Building Information for 517 Buck Jones Road

Lot Size5.18 AC

Payment Calculator

$15,810 per month

30 year fixed, 6.36% Interest

Principal and Interest

$14,899

Property Taxes

$910

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 517 Buck Jones Road

Summary
Location and General Information
  • Zoning: R4-FTDO
  • Directions: From Crossroads area, turn right onto Buck Jones. Pass 1st roundabout and continue straight. Property is on the right opposite all Saints Orthodox Church. Driveway is immediately past the black mailbox. Note it is an awkward feeling turn.
  • Subdivision Name: Roylene Acres
  • Latitude: 35.77557
  • Longitude: -78.731601
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $10,924.70
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 39 pt 40
  • Restrictive Covenants YN: Yes
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Adams
  • Middle Or Junior School: Wake - Lufkin Road
  • High School: Wake - Athens Dr
Property
Lot Information
  • Lot Size Dimensions: see survey
  • Parcel Number: 39 pt 40
  • List PriceAcre: 577218.15
  • Road Frontage Length: 246
Property and Assessments
  • Photos Count: 6
  • Possible Use: Development, Multi-Family, Residential, Subdivision
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Development, Investment, Multi-Family, Residential, Single Family, Vacant
  • Senior Community: No
Utilities
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Not Available, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Septic Tank, Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Not Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Septic Connected, Sewer Not Available, Water Connected
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 517 Buck Jones Road

DateEvent & SourcePriceAppreciation
May 7, 2026

Listed (Active)

TRIANGLEMLS #10165568

$2,989,990—
Dec 31, 2025

Expired

TRIANGLEMLS #10097033

—
Aug 14, 2025

Price Change

TRIANGLEMLS #10097033

$3,825,000—
DateEvent & SourcePrice
05/07/2026

Listed (Active)

TRIANGLEMLS #10165568

$2,989,990
12/31/2025

Expired

TRIANGLEMLS #10097033

—
08/14/2025

Price Change

TRIANGLEMLS #10097033

$3,825,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 517 Buck Jones Road

Taxable ValueLand$892,500Additions$363,079Total$1,255,579
Tax Record2025$10,970 ($914 / month)
Home Facts
Baths2.5Total Finished SqFt3,186 SqFtAbove Grade Finished SqFt3,186 SqFtStories1Lot Size182,081 SqFtStyleSingle Family ResidenceYear Built1965Year Renovated2022ZoningR-4CountyWAKEAPN0773.12-97-4470 0055720Fireplace TypeHas Fireplace

Schools near 517 Buck Jones Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Adams Elementary
PublicPK to 5

Lufkin Road Middle
Public6 to 8

Athens Drive 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.

Similar Homes

517 Buck Jones Road is a 5.18 ac of land for sale in Raleigh, NC 27606. This property was listed for sale on May 7, 2026 by NorthGroup Real Estate, Inc., it's currently listed at $2,989,990. It has been on the market for a total of 33 days and was last sold on October 14, 2022. This listing's school district is Wake County School District. Nearby schools include Adams Elementary, Lufkin Road Middle and Athens Drive High. 517 Buck Jones Road is a 0-bed, 0-bath, 5.18 ac of land on a 225,640 sq. ft. / 5.18 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthGroup Real Estate, Inc.

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