CompCasa Property Analysis · single_family

4208 Yadkin Dr

Half‑Acre Midtown Lot with Livable 5‑Bed Ranch — Near North Hills

Prime 0.5‑acre redevelopment site; existing home livable — sold AS‑IS.

5 beds3 baths2,377 sq ftBuilt 19630.5 acres1-car (MLS indicates 1 garage space) plus driveway
CompCasa valuation analysis
Estimated market value
$762,500
Low $700,000 · Midpoint $762,500 · High $825,000
Confidence68%Sales comparison approach
Last recorded sale$750,000Mar 10, 2026
CompCasa estimate$762,500Mar 14, 2026
Estimate vs. last recorded sale+$12,500 / +1.7%
$700,000$762,500 midpoint$825,000
Price / sq ft$321
Median sale price$520,000
Avg days on market20 days
Inventory1.8 months

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.

About the property

Half‑Acre Midtown Lot with Livable 5‑Bed Ranch — Near North Hills

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.

Property details

A 1963 ranch on 0.5 acres.

Building

Year built1963
ConstructionWood Frame
HeatingCentral
CoolingCentral Air

Site & utilities

Lot size0.5 acres
Garage1-car (MLS indicates 1 garage space) plus driveway
Stories2
ConditionAverage
FireplaceNo
Improvement notesListing notes indicate the existing home is livable but the price is positioned for the land; sold strictly AS-IS.
Lot area21,780 sq ft
TopographyLevel
FrontageSuburban residential frontage on Yadkin Dr; long driveway shown in listing photos.
ParkingDriveway
Parking spaces3
Parking notesOne-car garage count listed as 1 in MLS; primary parking appears to be driveway and attached/covered single bay.
AccessStandard residential street access via Yadkin Dr; easy access to nearby arterials (Six Forks Rd / Lead Mine Rd).
WaterPublic
SewerPublic Sewer
ElectricDuke Energy (Likely)
GasNatural Gas (Likely)
Location & nearby

Midtown / North Hills area

Researched nearby locations

North Hills (0.5–1.0 mi)
Crabtree Valley Mall / Crabtree Valley (2.0 mi)

Location

4208 Yadkin Dr, Raleigh, NC 27609

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

Strong access to neighborhood parks, greenways and the amenity-rich North Hills area; good options for walking, cycling and weekend dining/entertainment.

ElementaryLeesville Elementary (estimated assignment) — 7/10 (confidence 0.65)
Middle schoolLeesville Road Middle (estimated assignment) — 7/10 (confidence 0.65)
High schoolLeesville Road High School (estimated assignment) — 8/10 (confidence 0.70)
School districtWake County Public School System
Market context

A factual market snapshot around 4208 Yadkin Dr.

Median sale price$520,000
Avg days on market20 days
Inventory1.8 months
1-year appreciation600.0%
5-year appreciation2800.0%
Editorial market perspective

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.

Zoning & land use

Likely single-family residential zoning typical for midtown Raleigh (parcel may allow replacement larger single-family home or redevelopment subject to City of Raleigh rules). Exact zoning code must be verified with the City of Raleigh.

Zoning

DescriptionLikely single-family residential zoning typical for midtown Raleigh (parcel may allow replacement larger single-family home or redevelopment subject to City of Raleigh rules). Exact zoning code must be verified with the City of Raleigh.
JurisdictionCity of Raleigh / Wake County
Current useResidential
SetbacksSetbacks and build envelope subject to current City of Raleigh zoning and tree/overlay protections.

Research-indicated uses

  • Single Family Home
  • Accessory Dwelling (Subject To Local Regulations)
  • Redevelopment For Single Family Or Duplex Depending On Zoning And Raleigh Overlay Rules
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.

Sale history

1996-06-27$178,000
1989-11-22$132,000
1982-04-22$70,000
2026-03-06$750,000
2026-03-10$750,000
Research findings & due diligence

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

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.
Highlights & features

What stands out about this property.

01Half‑acre infill lot in Midtown / North Hills corridor
02Existing 5‑bed, 3‑bath home — livable and rentable
03No HOA; strong redevelopment upside
04Listed at $750,000; price positioned for land value

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
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin scraped JSONView source
2
Triangle MLS (TMLS) listing
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.