About This Home

This 3-bedroom, 3-bathroom single family at 5605 North Hills Drive in Raleigh, NC is listed for $550,000 ($286 per sqft). Built in 1973, the home offers 1,924 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1973
  • 0.31 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
2 full, 1 half
4 spaces
1973

Amenities

A/C
Listing Description

BACK ON THE MARKET. The previous buyer back out during due diligence for reasons unrelated to the property. Bring us an offer! PRIME MIDTOWN RALEIGH TEARDOWN / REDEVELOPMENT LOT - 0.31-acre R-4 zoned lot with no HOA located in a proven redevelopment corridor just minutes from North Hills.

Surrounded by ongoing teardown activity and high-end custom construction, including the adjacent lot currently cleared for new construction, this site offers immediate confirmation of redevelopment momentum. Gently sloped, rectangular lot (approximately 90' * 150') provides an efficient footprint for a new custom build.

Public water and sewer available. Lot extends beyond existing rear fence (buyer to verify). Existing 1,924 SF 1973 structure conveys strictly as-is and is being marketed for land value only. Ideal for builder or end-user seeking to replace existing housing stock in a rapidly transitioning area with strong resale support from recent nearby new construction. Convenient access to North Hills, Shelley Lake Park, greenways, shopping, dining, and major commuter routes. Exterior/showings of lot only.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

5605 North Hills Drive

Raleigh, NC 27612

Briarwood

Property Details

Flooring

VinylTileCarpet

Construction

Brick Veneer Vinyl Siding

Heating

Natural Gas

Cooling

ElectricCentral Air

Questions & Answers

This 3-bedroom, 3-bathroom single family at 5605 North Hills Drive is listed at $550,000 ($286/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.31 acre lot, 2 stories, 4 parking spaces.

This property is listed by Katherine Peterson.

KP

Katherine Peterson

Agent at Coldwell Banker Howard Perry and Walston

Listed by Coldwell Banker Howard Perry and Walston · Broker phone: (919) 789-5200 · View on Broker Site · Broker website

MLS# 10161071· Source: Doorify MLS· 196 days on PropertySimple

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.

5605 North Hills Drive, Raleigh, NC 27612

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