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Homesite in Growing Downtown South
For Sale
$250,000
Pending

1612 Ellen Dawson Way, Raleigh, NC 27603

LAND - Raleigh, NC

Property SizeContact for details
Lot Size0.05 Acres
Days on Market112

Property Features for 1612 Ellen Dawson Way

General Information

Property type Land
Property subtype Other
Zoning PD
Vegetation Cleared
Subdivision Caraleigh
Lot features Views
View City
Elementary school Wake - Farmington Woods Elementary
Middle school Wake - Martin Middle
High school Wake - Needham Broughton High
Standard status Pending
APN 1703118935
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2027
Tax Description LO55 Caraleigh Commons PH2 BM2025-02213
Tax Annual Amount 2500
HOA Fee $200 Annually
Legal Description LO55 Caraleigh Commons PH2 BM2025-02213

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Cityspace Management
Listed By: Richard Johnson · License #221471
Added: May 2 Changed: Jul 17 Last Checked: Aug 21 at 12:06PM
MLS# 10164476

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.

Investment Insights

Based on property information with market context.

This homesite is located in Caraleigh Commons, in the rapidly growing Downtown South District, minutes from Downtown Raleigh, the NC Farmers Market, and Dix Park. The community features rooftop decks with skyline views, adjacency to protected woodlands, and direct access to the greenway trail system. The site is suitable for homes up to 2500 square feet. Buyers may bring their own custom design or select from a portfolio of over 50 custom-designed home plans. This lot comes with key infrastructure already in place, including water and sewer taps, underground electric and cable, curb and gutter, driveway apron, and completed grading. The FEMA Letter of Map Revision is available, confirming the engineered structural fill places the lot above the floodplain. This represents one of the last remaining opportunities to build a single-family home in Downtown South, an area rapidly emerging as the exclusive core of Raleigh's next generation of downtown living. The lot size is 0.05 acres.

Key Highlights

  • Prime location in the rapidly growing Downtown South District, minutes from Downtown Raleigh, NC Farmers Market, and Dix Park.
  • Rare opportunity to build a single‑family home in Downtown South.
  • Key infrastructure in place: water/sewer taps, underground electric/cable, curb/gutter, driveway apron, and completed grading.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Spa & Massage Center Real Estate Agency Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Repair Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Homesite in Caraleigh Commons, minutes from Downtown Raleigh.
Where is this residential land & home lot located?
The property is located at 1612 Ellen Dawson Way Raleigh, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location in the rapidly growing Downtown South District, minutes from Downtown Raleigh, NC Farmers Market, and Dix Park.; Rare opportunity to build a single‑family home in Downtown South.; Key infrastructure in place: water/sewer taps, underground electric/cable, curb/gutter, driveway apron, and completed grading.
More about this property
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