$715,000

Investor Opportunity in Forest Hills | Teardown, Renovation or New Build. Rare opportunity to acquire a property in one of Raleigh's most desirable locations, just minutes from the Village District. Positioned on a generous homesite with mature trees and surrounded by established homes, 2601 Van Dyke Avenue offers investors, builders, and developers the flexibility to renovate the existing home, pursue a teardown, or create a new custom build in an established neighborhood. The existing classic ranch has been lovingly owned by the same family since it was built and features original hardwood floors, solid structural integrity, and plenty of character. For an investor looking to add value, the property provides multiple paths to maximize its potential — from a full renovation or expansion to replacing the existing structure with a new construction home. Existing new construction plans and permits are available at closing, offering a valuable starting point for buyers considering a future build and helping streamline the vision for the property. An adjacent parcel is also available, creating the opportunity to acquire two side-by-side properties for multiple new builds, a larger homesite, or a private estate. The location adds to the investment appeal. Just minutes from the Village District, Downtown Raleigh, NC State, Jaycee Park, and Latta University Historic Park, the property is surrounded by restaurants, coffee shops, shopping, parks, and established residential neighborhoods. Whether you're looking for a teardown opportunity, new-build site, renovation project, or long-term investment in Forest Hills, this property offers the location and flexibility that make it worth a closer look. Opportunities to acquire a property with this combination of prime location, generous homesite, and redevelopment potential are increasingly rare. Home is being sold as-is, where is.