Homesite in Growing Downtown
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
(919) 271-1021
Listed By:
Richard Johnson · License #221471
(919) 271-1021
Added: May 2
Changed: Jul 17
Last Checked: Aug 21 at 3:06PM
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
Property Profile
Current Use
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
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.
