CompCasa Property Analysis · single_family

4208 Yadkin Dr

Half-Acre North Hills Ranch with Major Redevelopment Upside

Rare 0.5-acre lot minutes from North Hills shopping and parks

5 beds3 baths2,377 sq ftBuilt 19630.5 acres1-car attached
CompCasa valuation analysis
Estimated market value
$750,000
Low $700,000 · Midpoint $750,000 · High $800,000
Confidence85%Sales comparison approach
Last recorded sale$37,500Jan 1, 1976
Assessed value$681,9542025 assessment
CompCasa estimate$750,000Mar 7, 2026
Estimate vs. last recorded sale+$712,500 / +1900.0%
$700,000$750,000 midpoint$800,000
Price / sq ft$315.55
Median sale price$750,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using recent listings and sales in North Hills. Adjusted for lot size, condition, and redevelopment potential. Assessed value aligns with market estimates.

About the property

Half-Acre North Hills Ranch with Major Redevelopment Upside

What sets 4208 Yadkin Drive apart is not only its ranch footprint but the breadth of land it sits on: a level, half-acre parcel in the evolving North Hills corridor. This 1963 single-story ranch offers 2,377 square feet of interior space, five bedrooms, three baths and a partial finished basement—delivering immediate livability while signaling high potential for renovation or a full rebuild. The property is being marketed primarily for its lot and location, and it’s offered strictly as-is.

Inside, the home reflects its era with a wood-frame build, an asphalt shingle roof, central HVAC and a wood-burning fireplace anchoring the main living area. A substantial footprint and flexible plan give creatives and builders room to reconfigure living spaces, add modern finishes, or pursue new construction under R-4 zoning. The partial basement expands usable square footage and should be evaluated for moisture and structural condition during inspection.

Outside, the level yard and mature plantings create a private setting rarely found so close to Midtown amenities. The attached one-car garage and driveway parking serve current needs, while the deep lot—21,780 sqft—captures the real value here: land in North Hills. Recent neighborhood activity and new-construction comparables underscore strong demand for larger, well-located lots; developers and buyers seeking a substantial infill parcel will find this siting especially compelling.

Location is a major advantage. North Hills Shopping Center, with dining, retail and entertainment, sits about a mile away. Midtown Park and community events are within 1.2 miles, Shelley Lake Park’s trails are around 2 miles, and downtown Raleigh is approximately 5 miles for an easy commute or evening out. With average-to-above-average neighborhood schools, established infrastructure and proximity to Six Forks Road and I-440, 4208 Yadkin Drive is positioned between everyday convenience and long-term upside. Buyers should perform thorough due diligence—roof, structural, and zoning verifications are recommended—to move confidently on this high-opportunity property.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$850,000
Property address3820 Yadkin Dr, Raleigh, NC 27609
5 bed2.5 bath3,366 sq ftBuilt 19670.3 mi20,038 sq ft lot$252.52/SF
Sold Mar 1, 2023
Subject difference
  • 989 SF larger
  • 0.5 fewer bathrooms
  • Similar lot size
  • 4 years newer
Research comparison noteSimilar size and age; sold recently, indicating strong market demand
02Sold price$849,000
Property address4604 Yadkin Dr, Raleigh, NC 27609
2 bed2 bath1,852 sq ftBuilt 19620.5 mi20,037 sq ft lot$458.48/SF
Sold Apr 1, 2022
Subject difference
  • 525 SF smaller
  • 3 fewer bedrooms
  • 1 fewer bathroom
  • Similar lot size
  • 1 year older
Research comparison noteSmaller home on similar lot size; high price per square foot indicates land value
03Sold price$1,997,000
Property address4708 Yadkin Dr, Raleigh, NC 27609
0 bed2.5 bath2,194 sq ftBuilt 20240.6 mi12,197 sq ft lot$910.48/SF
Sold Nov 15, 2024
Subject difference
  • 183 SF smaller
  • 5 fewer bedrooms
  • 0.5 fewer bathrooms
  • 9,583 SF smaller lot
  • 61 years newer
Research comparison noteNew construction; high sale price reflects demand for new homes in area
Comp methodology: Focused on properties within 0.5 miles in North Hills sold or leased in last 3 years for maximum relevance
Property details

A 1963 ranch on 0.5 acres.

Building

Year built1963
ConstructionWood Frame
RoofAsphalt Shingle
Heatingcentral
Coolingcentral air

Site & utilities

Lot size0.5 acres
Garage1-car attached
Stories1
ConditionAverage
BasementPartial Finished
FireplaceYes
Improvement notes5 bedrooms, 3 bathrooms, partial basement, central HVAC, fireplace
Lot area21,780 sq ft
TopographyLevel
FrontageStandard residential frontage on Yadkin Dr
ParkingAttached Garage And Driveway
Parking spaces2
Parking notes1-car attached garage plus driveway parking
AccessStandard residential driveway from Yadkin Dr
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

North Hills

Researched nearby locations

North Hills Shopping Center (1 mi)
Midtown Park (1.2 mi)
Shelley Lake Park (2 mi)
Crabtree Valley Mall (3 mi)
Downtown Raleigh (5 mi)

Location

4208 Yadkin Dr, Raleigh, NC 27609

View in Google Maps
Editorial neighborhood context

North Hills blends suburban calm with urban convenience: curated shopping, restaurants and entertainment are clustered around the North Hills Shopping Center while Midtown Park and community programming offer outdoor gathering spaces. The area has seen steady redevelopment—new homes and infill projects are common—attracting professionals and families who appreciate walkable retail and quick access to downtown Raleigh. Local schools are rated average to above average, and major corridors like Six Forks Road and I-440 connect residents across the metro with minimal fuss.

Nearby access summary

Very good outdoor access with Midtown Park and North Hills amenities within about a mile, Shelley Lake trails roughly 2 miles away, and multiple green spaces and community recreation options nearby.

ElementaryBrooks Elementary (6/10)
Middle schoolCarroll Middle (5/10)
High schoolSanderson High (6/10)
School districtWake County Public School System
Market context

A factual market snapshot around 4208 Yadkin Dr.

Median sale price$750,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

North Hills is currently trending toward a seller’s market driven by limited inventory and strong demand for well-located lots. Inventory is tight at roughly 2.5 months of supply and average days on market hovers near 30 days — indicators that desirable listings move quickly. The neighborhood’s median sale price sits around $750,000 with one-year appreciation near 5% and five-year appreciation around 25%, reflecting steady long-term gains. Single-family homes and redevelopment parcels in North Hills outperform many nearby submarkets because buyers are paying a premium for lot size, proximity to retail/entertainment, and the ability to build modern product. Comparable sales within a half-mile show high per-square-foot results and recent new construction commanding substantially higher prices, underscoring the land value here. For developers, builders, and renovation-minded buyers, now is an opportune moment: demand remains strong, competition is present but predictable, and the zoning (R-4) allows flexibility for single-family replacement or accessory units. That said, buyers should account for demolition, permitting timelines, and construction costs when assessing total project returns.

Zoning & land use

Residential-4

Zoning

Zoning codeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 30'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$475,000
Assessed improvements$206,954
Total assessed$681,954
Assessment year2025
Annual property tax$5,967
Tax year2025

Sale history

1976-01-01$37,500 · $15.78/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$3,750/mo
Property address4901 Yadkin Dr, Raleigh, NC 27609
5 bed3 bath2,377 sq ft$1.58/SF
Leased Apr 4, 2024
Subject difference
  • Same living area
Research comparison noteSimilar size and layout; indicates strong rental market in area
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value for 2025 is $681,954 (land: $475,000; improvements: $206,954)
  • Comparable property at 3820 Yadkin Dr sold for $850,000 in 2023
  • Zoned R-4, allowing for single-family residences and accessory dwelling units
  • Located 1 mile from North Hills Shopping Center and 2 miles from Shelley Lake Park
  • Schools in the area have average to above-average ratings

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify structural integrity and condition of existing home
  • Review zoning regulations and redevelopment feasibility
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

Interior Features

  • 5 bedrooms
  • 3 full bathrooms
  • Partial finished basement
  • Fireplace in main living area
  • Central heating and air conditioning
  • Single-story ranch layout
  • Wood-frame construction

Exterior & Lot

  • 0.5-acre level lot (21,780 sqft)
  • Attached 1-car garage + driveway parking
  • Asphalt shingle roof
  • Mature landscaping
  • Standard residential frontage on Yadkin Dr
  • No HOA

Location & Neighborhood

  • North Hills neighborhood
  • North Hills Shopping Center ~1 mile
  • Midtown Park ~1.2 miles
  • Shelley Lake Park ~2 miles
  • Downtown Raleigh ~5 miles
  • Easy access to Six Forks Rd and I-440

Walkability & Recreation

  • Walkability Rating: 65/100 — Some walkable amenities
  • Nearby parks and green space (Midtown Park, Shelley Lake)
  • Walking distance to local dining and retail in North Hills (approx. 1 mile)
  • Hiking and biking trails within 2 miles at Shelley Lake
  • Crabtree Valley Mall approximately 3 miles
  • Community events and greenway access nearby
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Raleigh Realty listing for 4208 Yadkin DrView source
2
Zillow property details and tax history for 4208 Yadkin DrView source
3
Realtor.com listing for 3820 Yadkin DrView source
4
Realtor.com listing for 4604 Yadkin DrView source
5
Compass listing for 4708 Yadkin DrView source
6
Realty.com rental listing for 4901 Yadkin DrView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.