Escape to your own private oasis with this fantastic 4.14-acre lot fronting a beautiful lake and Marsh Creek. This rare gem is located just 10 minutes from downtown Raleigh and close to shopping and amenities, and NO CITY TAXES! BRING YOUR OWN BUILDER to build your lake front home w/ no restrictions other than city zoning. Also great potential for INVESTORS or DEVELOPERS!! This lot is in Frequent Transit Area (FTA) option, which in these areas, the city now allows apartments to be built at approximately five times the previous density for single fam residences. Part of the lot that is not in the flood zone is pretty level and partially cleared. Tap into city water and sewer nearby, to get best use of land. Property is not in Timberlake Estates Subdivision.

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3115 Timberlake Road Raleigh NC 27604

Courtesy of: Costello Real Estate & Investments Triangle, LLC

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Updated: 8th June, 2023 5:04 PM (UTC).

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Source: Placester