Description
An exceedingly rare 4 acre lot in a great South Durham location with significant development potential, for single family homesites, townhome, or even 3 story mixed use under the proposed LDC and the suggested RX-3 zoning. Under the existing Rural Residential zoning, 4 lots could be created. According to Planning Department Staff, under the current UDO townhome/multifamily development is an option with rezoning. With the LDC, the development potential skyrockets even further. Under such a rezoning, nearby precedent neighborhoods Like Weldon Downs would suggest 25-30 or high-end townhomes with green spaces. Not quite ready to take on such a project yourself? This could be an exceptional land-banking investment, one which you also live on and enjoy for just a few years or 5-10+. Durham's expansion in SoDu is evident all around, and the proximity to Duke, UNC, RDU, RTP, and the planned Childrens Hospital will only become more valuable with time. In the meanwhile Expanding/improving the existing farmhouse, storage barn, and horse facilities is one option, creating a larger estate. Under any option, this is an incredible opportunity for a savvy buyer. Seller is able to be patient during a rezoning/site plan approval, assuming appropriately attractive terms, including hard money down. Note there is no real estate sign on the property. Please do not enter the property without an appointment.
Details
| MLS # | 10132157 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1982 |
| Days On Site | 368 |
| Listing Provided By | Nest Realty of the Triangle | Adam J Dickinson |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,390 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 4.12 |
Interior
| Interior Features | Ceiling Fan(s), High Ceilings, Tile Counters, Kitchen/Dining Room Combination, Shower Only, Eat-in Kitchen |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Features | Living Room, Masonry, Wood Burning, Fireplace Screen |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry Closet, Main Level |
| Rooms Total | 7 |
Exterior
| Exterior Features | Gas Grill, Rain Gutters, Fenced Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | Block, Crawlspace |
| Lot Features | Farm, Pasture, Secluded |
| Construction Materials | Vinyl Siding |
| Security Features | Smoke Detector(s) |
| Horse Amenities | Barn, Pasture, Stable(s) |
| Door Features | Storm Door(s) |
| Window Features | Insulated Windows |
| Patio And Porch Features | Covered, Deck, Porch |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Concrete, Detached, Driveway, Garage, Parking Pad, Workshop in Garage |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected, Septic Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Assessed Value | 684287 |
|---|---|
| Tax Legal Description | Prop-Herndon Fred J Pl000095-000023 |
| Tax Year | 2024 |
Other
| Accessibility Features | No |
|---|
Area Information
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27713 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham - Hillside High |
| Elementary School | Durham - Parkwood Elementary |
| High School | Durham - Hillside High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,600,000 low | high Med: $300,000 sqft: 2,390 low | high Med: 1,150 $ / sqft: $669 low | high Med: $261 On site: 368 low | high Med: 117 | |
Market Activity 27713
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Learn More About This Property
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27713 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham - Hillside High |
| Elementary School | Durham - Parkwood Elementary |
| High School | Durham - Hillside High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $1,600,000 low | high Med: $300,000 sqft: 2,390 low | high Med: 1,150 $ / sqft: $669 low | high Med: $261 On site: 368 low | high Med: 117 | |