NEW PRICE: $240,000. If the right home isn't on the market, perhaps it's time to build it. This approved 1.27-acre building lot on Emerson Road offers a rare opportunity to create a home around the way you want to live, rather than compromise on an existing property that doesn't quite fit. For builders and investors, it also offers something increasingly hard to find: usable residential land in an established Durham neighborhood with important preliminary approval work already completed. The level, mostly cleared parcel includes approximately 0.67 acres of building area, providing flexibility for home placement, outdoor living, gardens and landscaping. Open green space, mature wooded edges and a roughed-in driveway create a surprisingly private setting with convenient access. Unlike raw land, approvals currently in place through October 2030 give the next owner an important head start. Municipal water and sewer are available for connection, eliminating the need to design around a private well and septic system. Build within an established in-town neighborhood with sidewalks and convenient access to Oyster River schools, UNH, downtown Durham, dining, cultural amenities and commuter routes. Whether you are searching for the right place to build your own home, a builder looking for your next project, or an investor seeking strategically located residential land, this property deserves a closer look. Virtual renderings illustrate possibilities for the site. There may also be an opportunity to name the private way providing access from Emerson Road. Approved land. Municipal services. Established neighborhood. Now offered at $240,000. Private site walks are available by appointment and must be accompanied by an agent.