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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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2603 Van Dyke Ave , Raleigh, NC 27607
$715,000
Est. Payment: $3,662.58/mo
6 Bed
4 Bath
4077 Sqft
Status: active | Days on site: 90
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Rare redevelopment opportunity in Raleigh's coveted Forest Hills neighborhood, just moments from the Village District and minutes to Downtown Raleigh, NC State, parks, shopping, dining, and major commuter routes. Whether you're an investor, builder, or buyer searching for a premier homesite, this property offers exceptional flexibility. Renovate the existing home, restore its character, or take advantage of the seller's vision for a striking modern residence. Existing plans and project documentation are available, and buyers may have the opportunity to utilize or build upon this work. Buyers should independently verify the status and transferability of any permits and approvals. *Rendering shown depicts the seller's proposed home and is for illustrative purposes only.* The generous homesite offers the opportunity to create a custom residence in one of Raleigh's most established and sought-after neighborhoods, where opportunities like this are increasingly rare. An adjacent parcel is also available for purchase, presenting the rare opportunity to acquire two side-by-side properties. Whether you're planning multiple luxury homes, creating a private estate, or assembling a larger homesite in the heart of Raleigh, this offering provides flexibility that is seldom available in Forest Hills. Home is being sold as-is.

Highlights

Listed by Jason Queen , 919-606-2905 Monarch Realty Co. , 919-606-2905. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.21

Year Built

1945

County

Wake

Neighborhood

Not in a Subdivision

Listing ID

10169745

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Floor:Hardwood
Above Ground Sq Ft:4077
Below Ground Sq Ft:0
Water:Public

Exterior Features

Zoning:R-6
Roof:Shingle
Sewer:Public Sewer
Principal Interest
$3,663
Taxes
$481

Home Price

$715,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$143,000
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:
$3,662.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,662.58 $480.97 $0.00 $4,143.54
Yearly $43,950.94 $5,771.59 $0.00 $49,722.53
Total $1,318,528.33 $173,147.70 $0.00 $1,491,676.03

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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