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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1121 Erins Way Ln , Raleigh, NC 27614
$550,000
Est. Payment: $2,817.37/mo
0 Bed
0 Bath
0 Sqft
Status: active with contingency | Days on site: 26
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Rare OPPORTUNITY TO BUILD A CUSTOM ESTATE home in the exclusive Avanlea enclave, located within the Carlyle area ofNorth Raleigh. This private 1.89-acre homesite is situated near the end of a cul-de-sac and is surrounded by mature trees, offeringa peaceful, natural setting ideal for a thoughtfully designed custom residence.Avanlea is a small, estate-style enclave of just 13custom homes, and this represents the only vacant lot available within the neighborhood. This is a unique offering in an area where available homesites are increasingly limited. Situated near U.S. Army Corps of Engineers land and Falls Lake, the property provides a serene, private environment while still being conveniently located to North Raleigh amenities. The surrounding area features established homes and a setting that supports high-quality custom construction. One of the standout features of this property is the flexibility to BRING YOUR OWN BUILDER, allowing you to create a home tailored to your vision. This is a rare advantage compared to many nearby communities. Previous site evaluations, including septic and well permits, are available for reference to demonstrate feasibility. New permits will be required. With limited availability of estate-sized homesites in this area ,this property presents a unique opportunity to create a private retreat in a highly sought-after North Raleigh location. Enjoy convenient access to the Falls Lake Trail, part of the statewide Mountains-to-Sea Trail, located near the subdivision entrance, as well as nearby Falls Lake boating access, boat ramps, and parks such as Blue Jay Point, offering a variety of outdoor and recreational opportunities just minutes away.

Highlights

Listed by Alicia Rivera , 919-578-7891 Real Broker, LLC , 919-348-2585. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
1.89

HOA Fee

369 Annually

County

Wake

Neighborhood

Avanlea

Listing ID

10183089

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Need Well

Exterior Features

Lot:Wooded
Lot Dimensions:150 x 657 x 132 x 129 x 453
Zoning:R-80W
Sewer:Septic Needed,Perc Test Required,Perc Test Expired
Principal Interest
$2,817
Taxes
$117
HOA
$369

Home Price

$550,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,817.37

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,817.37 $117.25 $369.00 $3,303.62
Yearly $33,808.42 $1,407.00 $4,428.00 $39,643.42
Total $1,014,252.56 $42,210.00 $132,840.00 $1,189,302.56

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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