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Residential Land in Historic Oakwood
For Sale
$475,000

419 Watauga Street, Raleigh, NC 27604

LAND - Raleigh, NC

Lot Size0.11 Acres
Days on Market431

Property Features for 419 Watauga Street

General Information

Property type Land
Property subtype Other
Zoning R10
Vegetation Grassed
Subdivision Historic Oakwood
Lot features City Lot
View City
Elementary school Wake - Conn Elementary
Middle school Wake - Oberlin Middle
High school Wake - Needham Broughton High
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 419 WATAUGA STREET BM2023-01060
Tax Annual Amount 3100
Legal Description 419 WATAUGA STREET BM2023-01060

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: Compass -- Raleigh
Listed By: Dana Ellington
Added: May 27, 2025 Changed: Jul 17 Last Checked: Jul 31 at 6:06AM
MLS# 10098974

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 is a rare opportunity to build in Historic Oakwood, located on a tree-lined street in downtown Raleigh. The property is zoned R-10 and has public utilities available at the street. This lot offers possibilities for constructing a customized home in one of Raleigh's most desirable neighborhoods. The lot size is 0.11 acres.

Key Highlights

  • Rare opportunity to build in Historic Oakwood.
  • Located on a beautiful, tree‑lined street in the heart of downtown Raleigh.
  • Zoned R‑10, allowing for a custom‑built home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Fish Market Clothing & Fashion 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

841
Businesses Nearby

Demographics for 27604, NC

46,076
Population
20,828
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
89%
High-School Grad
19.1 sq mi
ZIP Area
2,412
Density / Sq Mi
$72,793
Median Household Income
$44,471
Median Earnings
$1,386
Median Rent
$293,100
Median Home Value

Market

Properties on Market for Land in Raleigh

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Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Land for sale in Raleigh's charming and sought-after Historic Oakwood.
Where is this land located?
The property is located at 419 Watauga Street Raleigh, NC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Rare opportunity to build in Historic Oakwood.; Located on a beautiful, tree‑lined street in the heart of downtown Raleigh.; Zoned R‑10, allowing for a custom‑built home.
More about this property
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