Located in the desirable Cedar Hills subdivision of Durham, this 1.16-acre property offers an appealing opportunity for buyers, investors, or builders. The wooded lot provides privacy while its size and location create several possibilities for future development. The property also benefits from existing public water and sewer connections, making future planning more convenient.
The existing home was built in 1982 and is a 1,444-square-foot, single-story ranch with four bedrooms and two full bathrooms. However, it is considered a major fixer-upper, meaning a buyer may choose between extensive renovation and removing the structure entirely. The lot’s irregular dimensions could also allow for creative site planning depending on local regulations.
The property is conveniently located near downtown Durham, offering access to restaurants, entertainment, cultural attractions, parks, and other amenities. Major highways and Raleigh-Durham International Airport are also within convenient reach. Durham’s growing economy and proximity to research, education, and technology centers add to the property’s potential appeal for long-term investors.
The parcel is zoned R-8, with buyers advised to confirm permitted uses and redevelopment possibilities with local authorities. Potential plans could include **new single-family construction**, **multifamily redevelopment**, or simply holding the land as a long-term investment. The mature trees may also be incorporated into a future design to preserve privacy and character.
The property has a tax-assessed value of $304,411, with annual taxes of approximately $3,017. Because the home requires significant work, buyers should conduct inspections, verify zoning, and carefully evaluate development costs before making a decision. With its relatively large lot, established location, and redevelopment possibilities, the property offers a flexible opportunity in a growing Durham market.
