$799,000
 $4,289 est/mo Sourced by Back At You

120 Pineland Circle,Raleigh, NC 27606

Raleigh, NC 27606

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Description

0.86± acres zoned R-10 in Raleigh's high-demand Blue Ridge Corridor, minutes from NC State and Centennial Campus. Same zoning as the approved 61-unit Brownstones at Blue Ridge (620 Gannett St) and adjacent to the successful 50-unit West End Townes - proven multifamily redevelopment in this immediate area. Existing home conveys at no additional cost - hold, rent, or clear while pursuing entitlements, with no demo-first requirement. The value is in the land, zoning, and location. Highlights: R-10 zoning supports multifamily/townhouse redevelopment. Zoning parity with approved Brownstones at Blue Ridge project. Home conveys at no cost, reducing upfront basis. Less than 3 miles to NC State/Centennial Campus; minutes to Downtown Raleigh, Cary, and I-440. Surrounded by active teardown, duplex, and townhome redevelopment. Skip years of assemblage and rezoning - this site offers a proven zoning foundation.

Details

MLS #10190072
Listing TypeFor Lease
StatusActive
Days On Site47
Listing Provided ByCentury 21 Triangle Group | Michelle Waite

Features

Bath(s)3
ZoningR-10
Acreage0.86

Exterior

Lot FeaturesSee Remarks, None

Utilities

UtilitiesSeptic Connected, Sewer Available, Water Connected
SewerSeptic Tank

Taxes

Tax Assessed Value318600
Tax Legal DescriptionLo7 Pt Lt 6 Western Park
Tax Year2025
Tax Map Number7

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
Community NameWestern Park
School DistrictWake - Athens Drive High
Elementary SchoolWake - Reedy Creek Elementary
High SchoolWake - Athens Drive High
Listing VS Median (in Western Park)
Price:
$799,000
low | high
Med:
$0
On site:
47
low | high
Med:
Sourced by Back At You

Market Activity 27606

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
Community NameWestern Park
School DistrictWake - Athens Drive High
Elementary SchoolWake - Reedy Creek Elementary
High SchoolWake - Athens Drive High
Listing VS Median (in Western Park)
Price:
$799,000
low | high
Med:
$0
On site:
47
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $599K - $998K
sqft: 0 - 0
Listing Updated: September 29, 2026 at 9:03:42 AM PDT