October 1 scout surfaced three deals across the Triangle. The lead is a cleared 0.26-acre infill homesite in Raleigh's prestigious Budleigh neighborhood, directly across from Carolina Country Club, with an adjacent Copper Builders custom home confirming the luxury market — a single new build that nearly reaches 20% investor margin at a conservative $470/SF ARV and blows past it at $500/SF. We also flag a 15.76-acre Wake Forest parcel with a 24-lot preliminary plan and public water/sewer near I-540 (priced over the MAO but a serious developer target), and a 1.06-acre inside-the-beltline R-6 lot in Southeast Raleigh's BRT corridor with confirmed townhome density potential. No client-requested analyses this run.
| # | Property · Strategy & project cost | List | Net | Margin | Max Offer | Grade |
|---|---|---|---|---|---|---|
| 1 | 107 Edenburgh Road, Raleigh NC 27608 · Build new luxury custom home — infill lot across from Carolina Country Club $1M–$5M project | $479,000 | +$319,575 | 18.9% | $461,000 | GOOD |
| 2 | 620 Sunnybrook Road, Raleigh NC 27610 · R-6 entitlement + 10-townhome development in BRT transit corridor (inside beltline) $1M–$5M project | $395,000 | +$1,039,149 | 19.6% | $375,000 | MARGINAL |
| 3 | 2700 Forestville Road, Wake Forest NC 27587 · Develop 24-lot subdivision + sell finished lots to production builders (public water/sewer, near I-540) $1M–$5M project | $1,750,000 | +$420,803 | 11.7% | $1,475,000 | MARGINAL |
Project cost is the whole job — land, carry, build and financing, everything except selling. Click any property for its full deep-dive. Figures are model outputs on best-effort public listing data — re-verify each listing is active and clear the go/no-go gates before acting.
Budleigh/North Hills (27608): 414 Yarmouth Rd sold Jun 2026 $2,475,000/5,470 SF ($452/SF resale); 1510 Canterbury Rd sold Apr 2026 $2,425,000/5,416 SF ($448/SF resale); 504 Yarmouth Rd sold Dec 2025 $3,650,000/5,949 SF ($614/SF resale); 909 Oberlin Rd active new construction 2026 $1,800,000/3,779 SF ($476/SF). Wake Forest new construction average $243/SF per 2026 market data; new homes range $231–$371/SF depending on finish and location. SE Raleigh/27610: 1511 E Lane St active 2026 new construction $675,000/1,767 SF ($382/SF single-family inside beltline). All figures from public MLS data; Home On re-verifies before any offer.
The Budleigh infill lot is the actionable win this week. The Carolina Country Club address, cleared lot, confirmed public utilities, and adjacent Copper Builders custom project support a $470–500/SF new-construction ARV producing 19–23% investor margin. At the $479,000 ask the lot sits $18k over the MAO for 20% margin; offer $455–461k and the deal pencils cleanly at 20%+. The Wake Forest 24-lot subdivision requires either a ~$275k price concession (down to ~$1.475M) or confirmed $290+/SF ARV in the 540-corridor — worth a developer-level conversation given the preliminary plan and adjacent mixed-use activity. The Sunnybrook R-6 lot is a compelling BRT-corridor townhome play that reaches 19.6% at $295/SF and tips over 20% at $300/SF — the gate is a City of Raleigh UDO density confirmation. Next step: schedule in-person visit to 107 Edenburgh and pull Wake County GIS for setbacks before making an offer.