Durham, NC 27712 5520 Novaglen Road
$1,050,000
Presented By: MCV Realty, LLC;
Home Details
This is an excellent development opportunity in Durham. This property allows developers and homebuilders to capitalize on an incredibly strong residential sales makrket fueled by a lack of re-sale supply and a general lack of large lot single-family homes.
-By-right development allows for large-lot residential with up to two units per acre
-Strong resales within nearby Treyburn averaging $684,607
-Well and septic lots with mix of conventional, anaerobic drip, and TSII drip systems
-10 minutes/miles to Downtown Durham and Duke University
-Close proximity to RTP and Downtown Durham large employers
Presented By: MCV Realty, LLC;
Interior Features for 5520 Novaglen Road
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NNo
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NNo
General for 5520 Novaglen Road
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityDurham
CountyWake
DirectionsTurn right heading north off of Goodwin Road onto Glenoaks Drive. Then turn left on Torredge Road. The subdivision is just behind Torredge or at the end of Novaglen Road.
Elementary SchoolDurham - Little River
Garage Y/NNo
HOANo
High SchoolDurham - Northern
Lease Considered Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet57499.2
Lot Size UnitsAcres
Middle/Junior High SchoolDurham - Lucas
ModificationTimestamp2025-03-28T14:06:07.000Z
New ConstructionNo
Property Attached Y/NNo
Property SubtypeUnimproved Land
Property TypeLand
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameNorthwood Forest
Tax Annual Amount43.03
UtilitiesSeptic Available
Waterfront Y/NNo
Exterior for 5520 Novaglen Road
Horse Y/NNo
Lot Dimensions200 x 285
Lot Size Acres1.32
Lot Size Area1.32
Open Parking Y/NNo
Road Frontage TypeUnimproved
Road Surface TypeUnimproved
SpaNo
Water SourceNeed Well
Additional Details
Price History
Schools
Elementary School
Durham - Little River Elementary School
High School
Durham - Northern High School
Middle School
Durham - Lucas Middle School
Nina Gervase
Realtor
