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$1,800,000
New Listing

407 N Boylan Avenue
Raleigh, NC 27603

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
Not in a Subdivision
County:
Wake

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407 N Boylan Avenue407 N Boylan Avenue407 N Boylan Avenue407 N Boylan Avenue
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Monthly Payment (Est.)

$8,212
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Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photo of lots cleared is virtually rendered.

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Listing Snapshot
Price 
$1,800,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
N/A
MLS® Number 
10159692
Status 
Active
Property Tax 
$17,928
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing updated with changes from the MLS®
12 hours agoListing first seen on site
General Features
Acres 
0.26
Additional Property Use 
CommercialInvestmentMixed UseMulti-FamilyOfficeResidentialRetailSingle FamilyUnimprovedVacantOther
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
OX-3
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Exterior Features
Fencing 
Other
Lot Features 
City LotRectangular LotZero Lot Line
Other Structures 
Guest HouseResidence
Road Frontage 
City Street
View 
CityCity LightsDowntown
Waterview 
CityCity LightsDowntown
Community Features
Financing Terms Available 
CashConventional
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Wake - Wiley
Middle School
Wake - Oberlin
High School
Wake - Broughton
Listing courtesy of Martin Verdi of Compass -- Raleigh



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-04-14 08:37 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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