Single-Family Buildable
For Sale
$295,000
623 Velma Hopkins Lane, Raleigh, NC 27603
LAND - Raleigh, NC
Property SizeContact for details
Lot Size0.05 Acres
Days on Market236
Property Features for 623 Velma Hopkins Lane
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
Active
APN
1703119836
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LO27 Caraleigh Commons PH2 BM2025 -02213
Tax Annual Amount
1500
HOA Fee
$200 Annually
Legal Description
LO27 Caraleigh Commons PH2 BM2025 -02213
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Cityspace Management
(919) 271-1021
Listed By:
Richard Johnson · License #221471
(919) 271-1021
Added: Dec 28, 2025
Changed: Jul 17
Last Checked: Aug 21 at 8:06AM
MLS# 10138501
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 buildable single-family homesite in Caraleigh Commons is ready for your builder, with key infrastructure already in place. Improvements include water and sewer taps, underground electric and cable, curb and gutter, driveway apron, and completed grading. A FEMA Letter of Map Revision is available confirming engineered structural fill places the lot above the floodplain.
The property is located in Raleigh’s Downtown South District, just minutes from Downtown Raleigh, the NC Farmers Market, and Dix Park. The community also features rooftop decks with skyline views, adjacency to protected woodlands, and direct access to the greenway trail system.
The site is described as suitable for homes up to 3,000 square feet. Buyers may bring their own custom design or select from a portfolio of 50-plus custom home plans, with example materials shown for the Alder plan.
The property is located in Raleigh’s Downtown South District, just minutes from Downtown Raleigh, the NC Farmers Market, and Dix Park. The community also features rooftop decks with skyline views, adjacency to protected woodlands, and direct access to the greenway trail system.
The site is described as suitable for homes up to 3,000 square feet. Buyers may bring their own custom design or select from a portfolio of 50-plus custom home plans, with example materials shown for the Alder plan.
Key Highlights
- Homesite in Caraleigh Commons with public water and public sewer service (Public Sewer).
- Key infrastructure already in place: water and sewer taps, underground electric and cable, curb and gutter, driveway apron, and completed grading.
- Lot is suited for a single‑family home up to 3,000 sqft.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build-ready homesite with water and sewer taps, underground electric and cable, and driveway apron in Caraleigh Commons.
Where is this residential land & home lot located?
The property is located at 623 Velma Hopkins Lane Raleigh, NC.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Homesite in Caraleigh Commons with public water and public sewer service (Public Sewer).; Key infrastructure already in place: water and sewer taps, underground electric and cable, curb and gutter, driveway apron, and completed grading.; Lot is suited for a single‑family home up to 3,000 sqft.
