A Rare Canvas in One of Raleigh's Most Storied Neighborhoods. Nestled in the historic Glenwood-Brooklyn neighborhood -- often called Raleigh's first master-planned community -- lots 11 & 12 represent one of those uncommon opportunities where location, flexibility, and groundwork all come together. Designated as a non-contributing property within the historic district, this site is eligible for a demolition permit, opening the door to a range of conforming residential development scenarios. Whether you envision a stunning single-family home, a multi-unit income-producing property, or a creative owner-operator arrangement with rental components, the foundation for your vision is already here. Dual street access -- from Devereux Street at the front and an alleyway at the rear -- adds meaningful flexibility to any site plan. The heavy lifting has already been done. The property has been surveyed, utilities vetted, and multiple development scenarios researched. Preliminary conversations with the Raleigh Historic Development Comm. (RHDC) are underway, giving a motivated buyer a meaningful head start. The location speaks for itself. Fred Fletcher Park, Glenwood South, Smokey Hollow, and Broughton High School are all within easy reach, as are major employers and institutions including NC State University, Campbell Law School, Red Hat, First Citizens Bank, and Cameron Village. For the right buyer -- a developer, investor, owner-occupant, or entrepreneur -- this is a well-positioned opportunity to put down roots on the northern edge of downtown Raleigh, surrounded by homes built between 1905 and 1951 that give the neighborhood its enduring character and charm.
Data last updated May 1, 2026, 11:15 a.m.. Properties in listings may have been sold or may no longer be available.
