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336.600.1052
Real Estate Company
4517 Grandale Dr, Durham, NC 27713
- $1,600,000
- 3
- BD
- 3
- BA
- 2,390
- SqFt
Seller Representative Nest Realty of the Triangle
- List Price
- $1,600,000
- Status
- PENDING
- Days on Market
- 369
- MLS#
- 10132157
- Subtype
- Residential
- Style
- Traditional
- Year Built
- 1982
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 2,390
- Lot Size
- 179,466
- Acres
- 4.12
- Subdivision
- Not In A Subdivision
Property Description
An exceedingly rare 4 acre lot in a great South Durham location with significant development potential, for single family homesites, townhome, or even 3 story mixed use under the proposed LDC and the suggested RX-3 zoning. Under the existing Rural Residential zoning, 4 lots could be created. According to Planning Department Staff, under the current UDO townhome/multifamily development is an option with rezoning. With the LDC, the development potential skyrockets even further. Under such a rezoning, nearby precedent neighborhoods Like Weldon Downs would suggest 25-30 or high-end townhomes with green spaces. Not quite ready to take on such a project yourself? This could be an exceptional land-banking investment, one which you also live on and enjoy for just a few years or 5-10+. Durham's expansion in SoDu is evident all around, and the proximity to Duke, UNC, RDU, RTP, and the planned Childrens Hospital will only become more valuable with time. In the meanwhile Expanding/improving the existing farmhouse, storage barn, and horse facilities is one option, creating a larger estate. Under any option, this is an incredible opportunity for a savvy buyer. Seller is able to be patient during a rezoning/site plan approval, assuming appropriately attractive terms, including hard money down. Note there is no real estate sign on the property. Please do not enter the property without an appointment.
Additional Information
- Interior Features
- Ceiling Fans, High Ceilings, Tile Counters, Dining Combo, Shower Only
- Exterior Features
- Gas Grill, Rain Gutters, Fenced Yard
- Taxes
- $5,178
- Property Description
- Traditional
- Flooring
- Hardwood
- Appliances
- Double Oven, Electric Cooktop, Electric Water Heater, Range Hood, Self Cleaning Oven, Washer, Water Softener Owned
- Heating
- Electric, Heat Pump
- Air Conditioning
- Central Air
- Levels
- One and One Half
- Roof
- Shingle
- Foundation
- Block, Crawl Space
- Parking Features
- Paved, Detached, Driveway, Garage, Parking Pad, Workshop in Garage
- Elementary School
- Durham - Parkwood Elementary
- Middle School
- Durham - Lowes Grove Middle
- High School
- Durham - Hillside High
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .