2603 Van Dyke Avenue Raleigh , NC 27607

Exceptional investment and/or redevelopment opportunity in Raleigh's highly sought-after Forest Hills neighborhood. Ideally located within walking distance to The Village District and minutes from downtown Raleigh, dining, shopping, parks, and major commuter routes. This property presents a rare chance for investors, builders, or homeowners to renovate the existing residence or capitalize on the seller's current vision for a modern new construction home. Existing plans, permits, and project documentation are available, offering a valuable head start for redevelopment and reducing time to execution. Picture is a rendering of the new construction permitted modern home proposed. The current structure offers renovation potential, while the new construction pathway creates an exceptional opportunity for a custom luxury build in one of Raleigh's most established and desirable neighborhoods. An adjacent parcel is also available for purchase, creating the unique potential to acquire and develop two side-by-side projects -- ideal for builders, investors, or those seeking to expand their portfolio with multiple redevelopment opportunities in the heart of Raleigh or combining both lots for ultimate privacy.