# 517 Buck Jones Road, Raleigh, NC 27606

> **TL;DR:** land, $2,989,990. Est. $12,957/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,989,990 |
| Lot Size | 225,641 sqft (5.18 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,957 |
| **Total** | **$12,957** |

## Nearby Schools

- **Elementary:** Wake - Adams
- **Middle:** Wake - Lufkin Road
- **High:** Wake - Athens Dr

## Property Highlights

- 5.18 acre lot

## Description

### Agent Description
Prime Development Opportunity in the Heart of Raleigh!Unmatched potential awaits at 517 Buck Jones Road, featuring an already approved Administrative Site Review (ASR) for a 64-unit multifamily development. Alternatively, the property allows for a transition to a 54-unit townhome community with a minor modification to the existing plan--an option that aligns with the growing demand for flexible housing solutions.Situated in a highly sought-after location, this property offers exceptional accessibility--just 5 minutes to I-440, I-40, Fenton, NC State University, Downtown Cary, and the State Fairgrounds. Its prime position at the nexus of Raleigh's growth makes it an unparalleled investment opportunity in one of the fastest-growing markets in the Triangle.Whether you envision building modern multifamily units or a vibrant townhome community, this site provides the canvas for your development goals. The existing ASR approval and its strategic location reduce development hurdles, giving you a head start on a high-impact project.Seize this rare opportunity to bring your vision to life and shape Raleigh's booming real estate landscape.

## Location

- **Address:** 517 Buck Jones Road, Raleigh, NC 27606
- **County:** Wake
- **Neighborhood:** Roylene Acres
- **Coordinates:** 35.77557, -78.731601
- **Google Maps:** https://www.google.com/maps?q=35.77557,-78.731601

## Listing Agent

- **Name:** Charles Santos
- **Brokerage:** NorthGroup Real Estate, Inc.
- **Phone:** 9199875068
- **Email:** csantos42014@gmail.com

## Primary Photo

![517 Buck Jones Road - Primary Photo](http://lh.rdcpix.com/2329c04fbf609796af583e2cf3315258l-f1218492527r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/517-buck-jones-road-raleigh-nc-27606-10165568)*

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**MLS#:** 10165568 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/517-buck-jones-road-raleigh-nc-27606-10165568)

---

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