$750,000
4208 Yadkin Dr, Raleigh, NC 27609
Half‑Acre Midtown Lot with Livable 5‑Bed Ranch — Near North Hills
5 Bed · 3 Bath · 2,377 Sq Ft
Prime 0.5‑acre redevelopment site; existing home livable — sold AS‑IS.
5
Beds
3
Baths
2,377
Sq Ft
1963
Built
0.5 acres
Lot
1‑car + driveway
Garage
About 4208 Yadkin Dr
Rare opportunity in Midtown Raleigh: this generous half‑acre parcel at 4208 Yadkin Dr sits minutes from North Hills yet offers a suburban sense of space you rarely find so close in. The property includes a livable 2,377 SF ranch-style home with five bedrooms and three bathrooms — functional systems include central heat and air and an electric range in the kitchen. Interior finishes are varied (carpet, wood and other flooring visible) and the house is being sold strictly AS‑IS, which makes the list price reflective of the underlying land value.
The lot (≈21,780 SF) provides expansive yard space and excellent redevelopment potential. Whether you’re a custom home builder, developer targeting a high-end single-family replacement, or an owner-occupier who wants room for a pool, outdoor living and extensive landscaping, this parcel checks the boxes: half-acre scale, no HOA, and immediate proximity to restaurants, shops and offices at North Hills. The driveway and one-car garage provide everyday convenience while the broad lot offers room for expansion or a full rebuild.
Location is a core advantage. Short drives take you to North Hills shopping/dining, multiple grocery and service options, I‑440 access, and several parks and greenways. The listing has already attracted builders and investors seeking infill opportunities; the seller notes the property is priced for the land and that the existing home is livable if you prefer to hold or rent while planning a project.
Buyers should perform site‑level due diligence: verify City of Raleigh zoning and setback rules, review tree/overlay protections, and budget for potential site work associated with teardown or major renovation. For those who value a rare half‑acre inside the Midtown envelope, this is a strategic lot with immediate utility and meaningful upside.
Home Highlights
Property Features
Interior Features
- 5 bedrooms, 3 bathrooms
- 2,377 SF finished area
- Central heating and central air conditioning
- Mixed flooring: wood and carpet
- Electric range in kitchen
- Multiple living areas suitable for flexible layouts
Exterior & Lot
- Half‑acre lot (≈21,780 SF)
- One‑car garage plus driveway parking
- Substantial yard suitable for pool/landscaping/expansion
- No HOA
- Sold AS‑IS — priced primarily for land value
Location & Neighborhood
- Minutes to North Hills retail, dining and entertainment
- Quick access to I‑440 and major arterials
- Quiet single‑family residential street
- Midtown / North Hills infill market with recent custom rebuilds nearby
Walkability & Recreation
- Walkability Rating: 70/100
- Nearby parks and greenways within short drives
- Close access to neighborhood shopping and services
Neighborhood & Location
The property sits in Raleigh’s Midtown/North Hills submarket — a blend of mid‑century homes and newer custom infill. North Hills offers a walkable mix of shopping, restaurants, and offices, while the surrounding streets retain a residential, quiet character. This area attracts families and professionals seeking central access without the higher density of downtown.
Market Insights
Midtown Raleigh — particularly the North Hills corridor — remains one of the Triangle’s most sought-after infill markets. Inventory for larger single-family lots is tight; buyers often pay premiums for buildable lots within easy reach of shopping, dining and major employment nodes. Over the past 12 months this sector saw moderate appreciation (single-digit) while the five-year trend has been notably stronger as developers convert older ranch parcels to contemporary luxury homes. For a buyer focused on redevelopment, this property is positioned advantageously: the half-acre lot is larger than typical city lots, and proximity to North Hills supports both resale and rental demand. Interest-rate sensitivity still impacts time-to-sale for new constructions, so builders should underwrite conservatively and account for permitting timelines and site costs. Overall, this is a seller-friendly micro-market for quality infill lots, and 4208 Yadkin Dr reflects that market dynamic.
Nearby Schools
Leesville Elementary
Elementary · 1.0–1.5 mi
Leesville Road Middle
Middle · 1.5–2.0 mi
Leesville Road High School
High · 2.0–2.5 mi
Walkability & Recreation
Strong access to neighborhood parks, greenways and the amenity-rich North Hills area; good options for walking, cycling and weekend dining/entertainment.
Investment Highlights
- Half‑acre (.5 ac / 21,780 SF) lot in midtown Raleigh near North Hills
- Existing livable 5-bed, 3-bath home—possibility to hold short-term or convert to rental
- No HOA — flexible redevelopment options (verify zoning with City of Raleigh)
- Priced to reflect land value in a tight infill market
Key Findings
- MLS list price: $750,000 (Pending as of 2026-03-10).
- Parcel size: ~0.5 acres (21,780 SF); building: 2,377 SF; built 1963; 5 beds / 3 baths.
- Listing marketed for land — seller indicates home is livable but sold AS-IS.
- Located within the North Hills / Midtown demand corridor with proven premiums for redeveloped lots.
- No HOA and single-family neighborhood environment.
Things to Consider
- Zoning code and setbacks not confirmed — buyer must verify buildability and permitted units.
- As‑is sale condition: potential unknown deferred maintenance and repair costs.
- Tree protection / overlay rules or protected species could affect redevelopment scope.
- Market sensitivity to interest rates for higher-priced new construction and luxury resale.
Opportunity Analysis
Acquire a rare half‑acre Midtown Raleigh lot that offers short-term holding/rental of the existing 5-bed home and medium-term upside through teardown and replacement with a larger, higher‑value single‑family home or duplex (subject to zoning). Proximity to North Hills supports both luxury resale and strong rental demand.
Potential Use Scenarios
- Quick acquisition for a builder to tear down and construct a high-end custom home or two infill units if zoning allows.
- Owner-occupier purchase to enjoy large yard and renovate existing home for value-add.
- Short-term hold and lease while obtaining permits and plans for redevelopment.
Risk Factors
- Unknown site-level issues (septic is not an issue here — public sewer available — but stormwater, trees, or soils may affect costs).
- Zoning or overlay restrictions limiting density or footprint.
- As-is condition could conceal expensive deferred maintenance.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$700K
Midpoint
$763K
High
$825K
$321/SF estimated price per square foot
Estimate anchored to the MLS list price of $750,000, adjusted +/- for land premium in Midtown Raleigh and typical recent sales of infill lots/renovated ranches. No live comparable sales search performed; verify with local comps and appraisal.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Midtown/North Hills has experienced steady household income growth and strong demand for infill housing; young professionals and empty-nesters are common.
Nearby Points of Interest
- North Hills (0.5–1.0 mi)
- Crabtree Valley Mall / Crabtree Valley (2.0 mi)
Quick access to North Hills shopping/dining, Midtown office nodes, I-440 and arterial roads; parks and greenways within short drives.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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