3151 New Bern Avenue Raleigh, NC ^$ 12,000,000

3151 New Bern Avenue

^$ 12,000,000

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3151 New Bern Avenue

Raleigh, NC, 27610

^$ 12,000,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 82,881

3151 New Bern Avenue, Raleigh, NC 27610 - Image 1

3151 New Bern Avenue, Raleigh, NC 27610 - Image 2

Lots and Land for sale in Raleigh, NC

for $12,000,000. The lot size is 4.89.

This property has been rezoned by the City of Raleigh for CX-12-UG-CU (TOD). The zoning allows for a Residential Commercial mix development from 16 to 20 stories possible. Up to 928 units of condos, apartment and or hotel rooms. The City is underway for the first proposed BRT station at this location on New Bern Avenue. In addition to the 928 units, there is 70k square of office and 20k for commercial uses.

Lots and Land Active

Price

^$ 12,000,000

Property Type

Lots and Land

Taxes

^$ 0

Style

Unimproved Land

Lot Size

4.89

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

2538929

Features

General

Sewer Public Sewer

Utilities Electricity Available

Zoning CX12

Property Subtype Unimproved Land

Current Use Vacant

County Wake

Property Type Land

HOA false

Subdivision Name Not in a Subdivision

Status Active

Directions From Hwy 440 and 64 business intersection turn right onto New Bern Ave heading west. The property is located across from Wake Hospital on the right side of New Bern Avenue

High School Wake County Schools

City Raleigh

Senior Community Y/N false

Lot Size Units Acres

Lot Size Square Feet 213008.4

Elementary School Wake County Schools

Middle/Junior High School Wake County Schools

Standard Status Active

Interior

Total Baths 0

Exterior

Lot Features Sloped

Water Source Public

Lot Size Area 4.89

Lot Dimensions 247x650x1400x271x635x912

Lot Size Acres 4.89

Road Surface Type Asphalt

Road Frontage Type 4 Lane Road

* Excluded Features

List By

J.W. Shearin

Listing Agent

Coldwell Banker Hpw

Broker

shearinjw@hpw.com

Affordability Calculator

$82,881

Per Month

Monthly Principal & Interest: $82,881
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Raleigh, NC

Average List Price ^$759,736

Percent of Sale Price 94%

About Raleigh, NC

449,258 Population

53% Since 2002

^$61,541 Median Income

35.12 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3291102 Elementary School

3826315 Middle School

Wake County Schools High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/19/2026	$12,000,000		Listed Price

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3151 New Bern Avenue, Raleigh, NC, 27610 is a Lots and Land for sale at $12,000,000 with a lot size of 4.89. 3151 New Bern Avenue has 0.0 baths. The property's zip code is 27610 which is in Raleigh, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

Data is updated as of 10/15/2026.

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3151 New Bern Avenue

Lots and Land for sale in Raleigh, NC

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