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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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322 Sunnybrook Rd , Raleigh, NC 27610
$1,050,000
Est. Payment: $5,595.88/mo
3.08 Acres
Status: active | Days on site: 12
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3068 - R26117
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House Description

21 FEE-SIMPLE ENTITLED TOWNHOME LOTs | 3.08 Acres | Flexible Acquisition & Development Options Bring your next townhome community to a Raleigh location where healthcare, education, employment, and continued residential investment support a compelling development opportunity. This 3.08-acre site offers preliminary subdivision and construction approval for 21 fee-simple townhome lots under SPR-0358-2025. With substantial entitlement work already completed, builders can focus on project execution, product selection, and delivery. PLANNED FOR AN EFFICIENT, MARKETABLE PRODUCT The approved plan features 21 individual lots measuring approximately 19 feet wide by 85 feet deep, with approximately 19-by-55-foot building envelopes. The community offers a manageable project scale for builders seeking a Raleigh infill opportunity with a defined development plan. Horizontal construction can begin immediately. For buyers pursuing Seller-delivered finished pads, Seller currently anticipates readiness for vertical construction beginning in Q4 2027, subject to final coordination and project scheduling. A LOCATION THAT HELPS SELL THE HOMES Connect future homeowners to some of Southeast Raleigh's most valuable destinations: • Walking distance to WakeMed Raleigh Campus and Wake Tech. • Less than one mile from Raleigh Country Club. • Approximately four miles from Downtown Raleigh. • Convenient access to employment centers, shopping, dining, and major transportation corridors. Surrounding residential investment and continued growth further strengthen the appeal of this well-positioned community. YOUR PRODUCT. YOUR STRATEGY. A STRUCTURE THAT FITS. Seller is open to several acquisition and development approaches: • Land Purchase: Acquire the property and complete the horizontal civil and site improvements. • Finished-Pad Delivery: Have Seller complete horizontal improvements and deliver finished townhome pads. • Seller Financing: Explore financing options for qualified purchasers, subject to acceptable terms. • Builder Partnership: Collaborate with ownership before horizontal construction begins to align grading, utilities, pad specifications, and other improvements with your townhome product. The preferred approach is to engage a builder early, creating the opportunity to coordinate site delivery around the homes you intend to build. SECURE YOUR NEXT RALEIGH COMMUNITY. With 21 planned fee-simple lots, substantial approvals in place, a convenient infill location, and flexible deal structures, 322 Sunnybrook Road offers multiple paths from acquisition to construction. Contact the listing agent to review due diligence materials, discuss your product, and explore purchase, finished-pad, financing, or partnership terms. Broker has an ownership interest in the property. Buyers should independently verify approval status, permit requirements, lot and building dimensions, utility availability and capacity, development standards, and construction timing with the City of Raleigh and appropriate providers.

Highlights

Listed by Nathan Becker , BIG Realty Company , Doorify MLS mls logo

Property Type

Vacant Land

Lot/Acreage
3.08

County

Wake

Neighborhood

Montage

Listing ID

10199554

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot Dimensions:see plat
Zoning:R-6
Sewer:Public Sewer
Principal Interest
$5,596
Taxes
$669

Home Price

$1,050,000

Loan Details

30 yrs
7.013%

Down Payment

20%
$210,000
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:
$5,595.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,595.88 $669.38 $0.00 $6,265.25
Yearly $67,150.52 $8,032.50 $0.00 $75,183.02
Total $2,014,515.62 $240,975.00 $0.00 $2,255,490.62

Today's Rates

30 Year

7.01%

20 Year

7.03%

15 Year

6.39%

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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.

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Data last updated: 2026-11-02T12:02:44.000Z

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