Property listing for 4208 Yadkin Dr, Raleigh, NC 27609
For SaleSingle Family Home

$750,000

4208 Yadkin Dr, Raleigh, NC 27609

Half-Acre North Hills Ranch with Major Redevelopment Upside

5 Bed · 3 Bath · 2,377 Sq Ft

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

5

Beds

3

Baths

2,377

Sq Ft

1963

Built

0.5 acres

Lot

1-car attached

Garage

About 4208 Yadkin Dr

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.

Home Highlights

Prime 0.5-acre lot in North HillsRanch-style single-story layout with partial basementR-4 zoning allows single-family home and accessory dwellingSold as-is — ideal for renovation or new constructionClose to North Hills shopping, parks, and downtown RaleighAssessed land value $475,000 (2025)No HOA

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Brooks Elementary

Elementary

6/10

Carroll Middle

Middle

5/10

Sanderson High

High

6/10

Walkability & Recreation

65
Walkability
78
Recreation

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.

Investment Highlights

  • Prime 0.5-acre lot in the desirable North Hills neighborhood
  • Listed at $750,000, reflecting land value and redevelopment potential
  • Proximity to North Hills Shopping Center and other amenities
  • No HOA restrictions, offering flexibility for redevelopment
  • Strong market demand and appreciation in the North Hills area

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

Things to Consider

  • Property sold strictly as-is; significant renovations or rebuild may be necessary
  • Built in 1963; potential for outdated systems and structural issues
  • Partial basement may require inspection for moisture or structural concerns
  • Marketed primarily for land value; existing structure may not meet modern standards
  • Prospective buyers should verify zoning regulations and redevelopment feasibility

Opportunity Analysis

Prime redevelopment opportunity in the high-demand North Hills neighborhood. The property's size, location, and zoning flexibility make it ideal for constructing a luxury residence, aligning with ongoing neighborhood transformations.

Potential Use Scenarios

  • Demolish existing structure and build a new luxury single-family home
  • Renovate existing structure to modern standards for resale or rental
  • Hold property for land appreciation as North Hills continues to develop

Risk Factors

  • Potential costs associated with demolition and new construction
  • Market fluctuations affecting property values and demand
  • Zoning regulations and permitting processes may impact redevelopment plans

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$700K

Midpoint

$750K

High

$800K

$315.55/SF estimated price per square foot

85% confidence

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.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$750,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$85,000

North Hills area has experienced significant growth and redevelopment, attracting higher-income residents and increasing property values. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • 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)

Proximity to North Hills Shopping Center offers dining, retail, and entertainment options. Midtown Park provides green space and community events. Shelley Lake Park offers trails and recreational activities.

School District

DistrictWake County Public School System
ElementaryBrooks Elementary (6/10)
MiddleCarroll Middle (5/10)
HighSanderson High (6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1963
Constructionwood frame
Stories1
Roofasphalt shingle
Heatingcentral
Coolingcentral air
Basementpartial finished
FireplaceYes
Conditionaverage

Lot & Site

Lot Size0.5 acres (21,780 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces2
FrontageStandard residential frontage on Yadkin Dr

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$681,954
Land$475,000
Improvements$206,954
Annual Tax (2025)$5,967

Sale History

1976-01-01$37,500

$15.78/SF

Public record sale

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