4517 Grandale Drive

Durham, NC 27713

$1.6M Active 🛌 Beds 3 🛁 Baths 3 ⛶ Sqft 2,390

Acres4.12

Year1982

Days on Site129

Property TypeResidential

Sub TypeSingle Family Residence

Per Square Foot$669

Date ListedJan 31, 2026

SubdivisionNot in a Subdivision

MLS #10132157

Description of 4517 Grandale Drive, Durham, NC 27713

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.

Listed by Adam J Dickinson, Nest Realty of the Triangle.