5416 Chapel Hill Rd

Raleigh, NC 27606

$515,000
Price
4
Beds
2,970 Sq. Ft.
$173 / Sq. Ft.
2,970
Sq. Ft.
$173
per Sq. Ft.
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Description

🏗️ Prime Development Opportunity Near the Fairgrounds ! Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones. This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor. Key Investment Highlights:...🏗️ Prime Development Opportunity Near the Fairgrounds ! Location, Location, Location! Seize this exceptional opportunity to acquire two adjacent parcels totaling 0.92 acres of highly valuable commercial land, strategically located with unbeatable proximity to the bustling Fairgrounds and the area's planned future development zones. This offering is ideal for developers, rehabbers, investors, and businesses looking to capitalize on a high-growth corridor. Key Investment Highlights: Total Acreage: 0.92 Acres 5416 Chapel Hill rd is .49 acres and 103 Gary St is.43acres Sold separately for $356K). Strategic Location: Direct adjacency and easy access to the Fairgrounds, making it perfect for supporting businesses, hospitality, or mixed-use development (subject to zoning approval). Development Ready: The value lies squarely in the land. Both existing structures are tear-downs, offering a clean slate for your vision. Demolition Quotes Available: We have secured preliminary demolition quotes for both houses to streamline your development timeline and provide immediate clarity on initial costs.
  1. Listed by Marika La Sorsa • Coldwell Banker HPW

Property Details for 5416 Chapel Hill Road

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 01/29/2026 03:36 PM

Property Details for 5416 Chapel Hill Road

StatusActive
MLS #10141729
Days on Market14
Taxes$3,150 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1930
Lot Size0.49 AC / 21,344 SF
CountyWake County

Location

Listing Courtesy of Coldwell Banker HPW
Add your commute

Building Information for 5416 Chapel Hill Road

Stories2Year Built1930Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

$2,773 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,510

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5416 Chapel Hill Road

Summary
Location and General Information
  • Zoning: NX-3
  • Directions: Use GPS
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.790438
  • Longitude: -78.717833
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $3,150.40
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: BM20
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage: No
Property
Lot Information
  • Building Area Total: 2970.0
  • Lot Size Dimensions: per deed
  • Architectural Style: Colonial
  • Detached Living Area Sq Ft: 1363
  • Other Area Below Grade: 896
  • Total Other Area Sq Ft: 896
  • Parcel Number: 078414326783000 0469730
  • Structure Type: House, Mixed Use, Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 6
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
  • Property Condition: Fixer
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Combination
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Security System
  • New Construction Type: Brick, House, Mixed Use, Site Built
Interior Features
  • Levels: Two
  • Stories: 2
  • Basement Description: Exterior Entry, Unfinished
  • Fireplace Y N: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood, Tile
  • Cooling: Window Unit(s)
  • Cooling?: Yes
  • Heating: Natural Gas
  • Heating?: Yes
  • Spa: No
  • Interior: Brick, Security System
Room Information
Room Information
  • Rooms Total: 16.0
Room 1
  • Room Dimensions: 14 x 123
  • Room Width: 123.0
  • Room Length: 14.0
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 14 x 93
  • Room Width: 93.0
  • Room Length: 14.0
  • Room Level: Second
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 137 x 114
  • Room Width: 114.0
  • Room Length: 137.0
  • Room Level: Second
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 137 x 102
  • Room Width: 102.0
  • Room Length: 137.0
  • Room Level: Second
  • Room Type: Bedroom 4
Room 5
  • Room Dimensions: 1,611 x 157
  • Room Width: 157.0
  • Room Length: 1611.0
  • Room Level: Main
  • Room Type: Family Room
Room 6
  • Room Dimensions: 75 x 53
  • Room Width: 53.0
  • Room Length: 75.0
  • Room Level: Main
  • Room Type: Laundry
Room 7
  • Room Dimensions: 8 x 69
  • Room Width: 69.0
  • Room Length: 8.0
  • Room Level: Second
  • Room Type: Primary Bathroom
Room 8
  • Room Dimensions: 129 x 710
  • Room Width: 710.0
  • Room Length: 129.0
  • Room Level: First
  • Room Type: Kitchen
Room 9
  • Room Dimensions: 101 x 199
  • Room Width: 199.0
  • Room Length: 101.0
  • Room Level: Main
  • Room Type: Sunroom
Room 10
  • Room Dimensions: 107 x 74
  • Room Width: 74.0
  • Room Length: 107.0
  • Room Level: Main
  • Room Type: Dining Room
Room 11
  • Room Dimensions: 14 x 2,111
  • Room Width: 2111.0
  • Room Length: 14.0
  • Room Level: Main
  • Room Type: Living Room
Room 12
  • Room Description: Sitting Room
  • Room Dimensions: 1,310 x 162
  • Room Width: 162.0
  • Room Length: 1310.0
  • Room Level: Main
  • Room Type: Other
Room 13
  • Room Description: Music Room
  • Room Dimensions: 113 x 99
  • Room Width: 99.0
  • Room Length: 113.0
  • Room Level: Main
  • Room Type: Media Room
Room 14
  • Room Dimensions: 113 x 98
  • Room Width: 98.0
  • Room Length: 113.0
  • Room Level: Main
  • Room Type: Game Room
Room 15
  • Room Description: Screened Porch
  • Room Dimensions: 155 x 154
  • Room Width: 154.0
  • Room Length: 155.0
  • Room Level: Main
  • Room Type: Other
Room 16
  • Room Description: Foyer
  • Room Dimensions: 100 x 187
  • Room Width: 187.0
  • Room Length: 100.0
  • Room Level: Main
  • Room Type: Other
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 5416 Chapel Hill Road

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

TRIANGLEMLS #10141729

$515,000—
Nov 10, 2025

Price Change

TRIANGLEMLS #10132330

$515,000—
Nov 10, 2025

Listed (Active)

TRIANGLEMLS #10132330

$900,000—
DateEvent & SourcePrice
01/15/2026

Listed (Active)

TRIANGLEMLS #10141729

$515,000
11/10/2025

Price Change

TRIANGLEMLS #10132330

$515,000
11/10/2025

Listed (Active)

TRIANGLEMLS #10132330

$900,000

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

Public Records for 5416 Chapel Hill Road

Taxable ValueLand$326,563Additions$32,387Total$358,950
Tax Record2025$3,150 ($263 / month)
Home Facts
Beds0Baths1.5Total Finished SqFt2,960 SqFtAbove Grade Finished SqFt2,960 SqFtStories2Lot Size21,344 SqFtStyleSingle Family ResidenceYear Built1930Year Renovated1975ZoningNX-3CountyWAKEAPN0784.14-32-6783 0469730Fireplace TypeHas Fireplace

Schools near 5416 Chapel Hill Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Kingswood Elementary
Public - PK to 5
Reedy Creek Middle
Public - 6 to 8
Athens Drive High
Public - 9 to 12
Mount Vernon
Public - K to 8
Rating
School
Distance
Kingswood Elementary
PublicPK to 5

Reedy Creek Middle
Public6 to 8

Athens Drive High
Public9 to 12

Mount Vernon
PublicK to 8

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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More information about 5416 Chapel Hill Road, Raleigh, NC 27606

5416 Chapel Hill Road is a single family home for sale in Raleigh, NC 27606. This property was listed for sale on January 15, 2026 by Coldwell Banker HPW, it's currently listed at $515,000. This listing's school district is Wake County School District. Nearby schools include Kingswood Elementary, Reedy Creek Middle and Athens Drive High. 5416 Chapel Hill Road is a 4-bed, 2-bath, 2,970 sqft single family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker HPW

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