8400 Regency Pkwy - 8400 Regency Parkway 31 Acres of Residential Land Offered at $10,000,000 in Cary, NC 27518

Lee & Associates Raleigh Durham is pleased to present a ±31-acre residential development opportunity in Cary, North Carolina. Located within one of the Triangle’s most desirable and affluent submarkets, this property offers a rare large-scale infill opportunity in a highly established area.
The site is currently zoned R40 (Residential 40) within the Town of Cary, permitting large-lot residential development with a minimum lot size of 40,000 square feet and a maximum density of 1.08 units per acre. The property’s size and configuration provide the opportunity to develop an executive-style residential community in a market characterized by strong home values, high household incomes, and limited remaining infill land.
Strategically positioned along Regency Parkway with convenient access to US-1, the site is surrounded by premier amenities including Koka Booth Amphitheatre, WakeMed Cary Hospital, Waverly Place, and the broader Regency office and retail corridor. The property is also within close proximity to Research Triangle Park, Downtown Raleigh, and RDU International Airport.
With Cary’s continued economic strength, top-ranked quality of life, and sustained residential demand, this offering represents a compelling opportunity to deliver a thoughtfully designed residential community in one of the region’s most sought-after locations.