Land > Vacant Land / Residential
Active
09/08/2025
List Price
$5,500,000
1501 Carolina Pines Ave
Raleigh, NC 27603
- -Bed
- -Bath
- -Living Area
- 8.4acLot Size
- -Pool
- -Car
- 1961Year Built
- 35DOM
- -Permit
1501 Carolina Pines Ave, Raleigh, NC 27603 is a vacant/residential land built in 1961 of 8.440 acres. This vacant / residential is currently for sale for $5,500,000.
MLS Description
The listing agent's description. Original Listing
A rare development opportunity in one of Raleigh's fastest-growing corridors. This offering includes five contiguous parcels at 1501, 1511, and 1515 Carolina Pines Avenue, along with 2109 and 2117 Lake Wheeler Road, totaling a substantial assemblage of 8+ acres in a highly desirable location. Situated just minutes from Downtown Raleigh, NC State University, I-40, and the burgeoning mixed-use growth along Lake Wheeler Road, this property provides unmatched visibility and accessibility for future development. Opportunities of this scale are increasingly rare within the city limits, making this assemblage a prime candidate for residential, mixed-use, or commercial development (subject to zoning and city approval). Developers and investors will appreciate both the strong demographic growth in the area and the site's proximity to employment, education, and entertainment hubs. Whether you're looking to create a signature community, a multi-family project, or a high-profile commercial destination, this assemblage represents a once-in-a-generation chance to secure a large development footprint in a premier Raleigh location.
Listing Agents
The listing agent for 1501 Carolina Pines Ave is Jonathan Edmiston.
JE
Jonathan Edmiston
HomeSmart Expert Realty
Phone: (919) 391-6377
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$1,888.99From latest Total Assessed Value0.87%Total Assessed Value$217,500=Land+
Assessed Value$217,500Additions
Assessed Value$0
In 2024, taxes billed for 1501 Carolina Pines Ave were $1,888.99, which is 0.87% from latest Total Assessed Value of $217,500.
Property History
1501 Carolina Pines Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1501 Carolina Pines Ave
Hazard Risks
Hurricane214Weather157Nat'l Avg100Carb Mono98Hail92Particulates91Tornado90Wind90Ozone86Air Pollution85Lead46Earthquake43
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1501 Carolina Pines Ave.
Walkability Index
5 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1501 Carolina Pines Ave has a walkability score of 5 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
31°F
High
53°F
Summer
Average
Low
66°F
High
88°F
In the winter at 1501 Carolina Pines Ave, temperatures range from 31.48°F to 53.43°F with an average of 42.46°F. In the summer, the temperature ranges from 66.47°F to 87.81°F with and average of 77.14°F.
School Information
Public/private schools serving 1501 Carolina Pines Ave
Public Schools
Penny Road Elementary School
Grades: KG-5
7.77 mi
C+
Wake Early College of Health and Science
Grades: 9-12
5.12 mi
A+
Apex Middle School
Grades: 6-8
10.42 mi
C
Apex High School
Grades: 9-12
9.67 mi
A-
Wake STEM Early College High School
Grades: 9-12
1.47 mi
A+
Wake Young Women's Leadership Academy
Grades: 6-12
1.93 mi
A
Wake Young Men's Leadership Academy
Grades: 6-12
2.76 mi
A-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1501 Carolina Pines Ave have ratings undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Southwest Raleigh, Raleigh, NC 27603.
Seasonal Housing units 27603
9%of housing is for seasonal rent.
Daytime Population for 27603
+5%of people during work hours.
Crime Index for 27603
121
121
The crime index in 27603 is 121, which is 1.2 times higher than national average.
Market Trends
Historical market data near 1501 Carolina Pines Ave over selected time period.
Nearby Properties on Carolina Pines Ave
- 1009 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,073 square foot, 1 bathroom, 0.35 acre property. It was built in 1961 and has an estimate of $291,832 with a price per ft² of $272.
- 923 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,108 square foot, 1 bathroom, 0.21 acre property. It was built in 1980 and has an estimate of $306,145 with a price per ft² of $276.
- 608 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,154 square foot, 2 bathroom, 0.25 acre property. It was built in 1984 and has an estimate of $283,692 with a price per ft² of $246.
- 612 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 744 square foot, 1 bathroom, 0.25 acre property. It was built in 1949 and has an estimate of $242,043 with a price per ft² of $325.
- 528 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 980 square foot, 1 bathroom, 0.25 acre property. It was built in 1959 and has an estimate of $277,481 with a price per ft² of $283.
- 1600 Carolina Pines Ave, Raleigh, NC 27603 (Southwest Raleigh) is a 1,105 square foot, 1 bathroom, 0.35 acre property. It was built in 1955 and has an estimate of $309,106 with a price per ft² of $280.
- 915 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,144 square foot, 1 bathroom, 0.32 acre property. It was built in 1972 and has an estimate of $299,963 with a price per ft² of $262.
- 518 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,115 square foot, 1 bathroom, 0.24 acre property. It was built in 1947 and has an estimate of $285,312 with a price per ft² of $256.
- 716 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,175 square foot and 0.26 acre property. It was built in 1950 and has an estimate of $271,434 with a price per ft² of $231.
- 724 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,524 square foot, 2 bathroom, 0.27 acre property. It was built in 1955 and has an estimate of $279,492 with a price per ft² of $183.
- 1005 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 2,145 square foot, 2 bathroom, 0.35 acre property. It was built in 2013 and has an estimate of $602,071 with a price per ft² of $281.
- 927 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 988 square foot, 1 bathroom, 0.21 acre property. It was built in 1980 and has an estimate of $297,579 with a price per ft² of $301.
- 500 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,412 square foot, 1 bathroom, 0.84 acre property. It was built in 1965 and has an estimate of $354,425 with a price per ft² of $251.
- 1404 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,040 square foot, 1 bathroom, 0.45 acre property. It was built in 1955 and has an estimate of $332,000 with a price per ft² of $319.
- 524 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 980 square foot, 1 bathroom, 0.27 acre property. It was built in 1959 and has an estimate of $275,832 with a price per ft² of $281.
- 405 Carolina Pines Ave, Raleigh, NC 27603 (Southwest Raleigh) is a 1,215 square foot and 0.5 acre property.
- 907 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 3,136 square foot and 0.58 acre property.
- 1318 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,916 square foot, 2 bathroom, 0.45 acre property. It was built in 1955 and has an estimate of $422,633 with a price per ft² of $221.
- 1109 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1.5 bathroom and 2.94 acre property.
- 1413 Carolina Pines Ave, Raleigh, NC 27603 (Southwest Raleigh) is a 0.94 acre property.
- 1437 Carolina Pines Ave, Raleigh, NC 27603 (Southwest Raleigh) is a 1,895 square foot, 3 bathroom, 0.49 acre property. It was built in 2015 and has an estimate of $533,090 with a price per ft² of $281.
- 1441 Carolina Pines Ave, Raleigh, NC 27603 (Southwest Raleigh) is a 1,278 square foot, 2 bathroom, 0.46 acre property. It was built in 1996 and has an estimate of $373,508 with a price per ft² of $292.
- 1417 Carolina Pines Ave, Raleigh, NC 27603 (Southwest Raleigh) is a 1,728 square foot, 2 bathroom, 0.46 acre property. It was built in 1963 and has an estimate of $442,596 with a price per ft² of $256.
- 1314 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 1,254 square foot, 1 bathroom, 0.46 acre property. It was built in 1955 and has an estimate of $339,941 with a price per ft² of $271.
- 1405 Carolina Pines Ave, Raleigh, NC 27603 (Carolina Pines) is a 975 square foot, 1 bathroom, 0.36 acre property. It was built in 1955 and has an estimate of $293,465 with a price per ft² of $301.
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