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Carmen Obregon

carmeno@landhuisresidential.com +1(919) 923-8055

Listed by Monarch Realty Co.

$ 715,000

Est. payment | -/mo

3 Beds

2 Baths

1,158 SqFt

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$ 715,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,158 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,158 sqft

Price per Sqft $617

Subdivision Not In A Subdivision

MLS Listing ID 10170652

Style Ranch

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1939

Annual Tax Amount $4,341

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 59x150x56x152

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 1158

Property Description

Investor Opportunity in Forest Hills | Teardown, Renovation or New Build. Rare opportunity to acquire a property in one of Raleigh's most desirable locations, just minutes from the Village District. Positioned on a generous homesite with mature trees and surrounded by established homes, 2601 Van Dyke Avenue offers investors, builders, and developers the flexibility to renovate the existing home, pursue a teardown, or create a new custom build in an established neighborhood. The existing classic ranch has been lovingly owned by the same family since it was built and features original hardwood floors, solid structural integrity, and plenty of character. For an investor looking to add value, the property provides multiple paths to maximize its potential — from a full renovation or expansion to replacing the existing structure with a new construction home. Existing new construction plans and permits are available at closing, offering a valuable starting point for buyers considering a future build and helping streamline the vision for the property. An adjacent parcel is also available, creating the opportunity to acquire two side-by-side properties for multiple new builds, a larger homesite, or a private estate. The location adds to the investment appeal. Just minutes from the Village District, Downtown Raleigh, NC State, Jaycee Park, and Latta University Historic Park, the property is surrounded by restaurants, coffee shops, shopping, parks, and established residential neighborhoods. Whether you're looking for a teardown opportunity, new-build site, renovation project, or long-term investment in Forest Hills, this property offers the location and flexibility that make it worth a closer look. Opportunities to acquire a property with this combination of prime location, generous homesite, and redevelopment potential are increasingly rare. Home is being sold as-is, where is.

Location

State NC

County Wake

Community Not In A Subdivision

Area 0.2

Zoning R-6

Interior

Cooling None

Flooring Linoleum, Wood

Fireplace No

Appliance None

Exterior

Parking Features Attached, Driveway, Off Street, On Street

Garage Spaces 3.0

Community Features Historical Area, Park, Playground, Restaurant, Sidewalks, Street Lights

Utilities Available None

Roof Type Shingle

Total Parking Spaces 3

Garage Yes

Building

Lot Description City Lot, Few Trees

Story One

Foundation Combination

Water Public

Architectural Style Ranch

New Construction No

Schools

Elementary Schools Wake - Olds Elementary

Middle Schools Wake - Martin Middle

High Schools Wake - Needham Broughton High

Others

Senior Community No

Tax ID 079416848590000 0025574

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Schools and Properties Nearby

Carmen Obregon

Realtor®️ | Broker NCREC 341522

+1(919) 923-8055 | carmeno@landhuisresidential.com

2601 Van Dyke AVE Raleigh, NC 27607

Carmen Obregon

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2601 Van Dyke AVE