Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Howard Perry and Walston
Property view
Listing view 2
Listing view 3

5301 Thayer Drive, 
Raleigh, NC 27612

$485,000


4

Beds


3

Baths


2,994

Sq Ft


Single Family

Active

Listed by

Whitney Mcconnell

Real Broker, LLC.

919-348-2585

Last updated:

December 16, 2025, 05:21 PM

MLS#

10136719

Source:

RD

About This Home

5301 Thayer Drive

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1971

Price Summary

485,000

$161 per Sq. Ft.

MLS #:

10136719

Last Updated:

December 16, 2025, 05:21 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,994 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,994 Sq. Ft.

Year Built:

1971


Lot

Lot Size (Sq. Ft):

19,602


Finances & Disclosures

Finances

Price:

$485,000

Price per Sq. Ft:

$161 per Sq. Ft.

MLS Logo
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 2025 Doorify MLS of North Carolina. All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.