RALEIGH, N.C. -- Raleigh Federal Savings Bank said it had agreed to sell the remaining 44 lots and the amenities that it owns in the subdivision known as Adams Mountain.

The price was not disclosed. Raleigh Federal acquired the 170-acre North Raleigh property in 1989.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.