OFF MARKET

Off market nov 2023 for $138K

$302,266

Est. refi paymentEst. refi $914/mo

Land

•

0.97

acre (lot)

5004 Old Faison Rd, Knightdale, NC 27545

About this home

Almost 1 Acre Building Lot in Prime Location! Near 540 and 540 future expansion, less than 1 mile from I87 and Hwy 264 Bypass. Don't miss this unique chance to secure a spacious building lot in a highly sought-after location! With almost an acre of land, almost flat and gravel driveway, this property offers endless possibilities for a wonderful home or some commercial property, it could also be subdivided. The strategic location puts you at the forefront of Raleigh's growth on an almost cleared lot, making it an ideal investment for the future, you'll enjoy seamless access to Raleigh and the surrounding Triangle area. Electricity on site, water nearby and old septic on site. Grab this exceptional opportunity to create your own oasis in a rapidly expanding region!

Vacant landProperty Type

0.97 acresLot Size

$311,615Price/Acres

Listed by Oscar Corrales • The Insight Group

Listed by David Velasquez • The Insight Group

Bought with Brittany Cubillos • Carolina Home Realty

Redfin checked: 3 minutes ago

•Source:TMLS #2533654

Redfin Estimate

$302,266

$164K since sold in November 2023$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 32.8% lower than the average sale price ($450K) of 6 comparable homes.

SOLD JUL 31, 2026
$415,000
A
5 beds3 baths2,471 sq ft
1003 Azalea Cottage Ct, Knightdale, NC 27545
SOLD AUG 25, 2026
$465,000
B
4 beds3 baths2,579 sq ft
1436 Hazelnut Ridge Ln, Knightdale, NC 27545
SOLD SEP 9, 2026
$457,000
C
4 beds3 baths2,935 sq ft
1002 Emerald Ct, Knightdale, NC 27545
SOLD SEP 23, 2026
$395,000
D
3 beds2.5 baths2,425 sq ft
4508 Arcaro Dr, Knightdale, NC 27545
SOLD JUL 28, 2026
$402,500
E
4 beds3 baths2,276 sq ft
1002 Churchill Glen Blvd, Knightdale, NC 27545
SOLD SEP 23, 2026
$564,479
F
4 beds3.5 baths2,700 sq ft
2056 Mayglass Dr, Knightdale, NC 27545

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Earn from this home

Sell

$178,831

Est. take-home

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Market trends in 27545, NC

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

+0.4% MoM

Median sale price

$370K

$5K MoM

Avg. days on market

50d

5 days MoM

Recently sold homes

157

8 MoM

New listings for sale

NEW 16 HRS AGO
$365,000
3 beds2.5 baths1,567 sq ft
809 Willowedge Ct, Knightdale, NC 27545
OPEN TODAY, 1PM TO 3PM
$569,900
4 beds2.5 baths2,756 sq ft
5516 Granite Bluff Ct, Knightdale, NC 27545
OPEN TODAY, 10AM TO 2PM
$334,500
3 beds2.5 baths1,482 sq ft
113 Jade Cir, Knightdale, NC 27545
$419,900
5 beds2.5 baths2,927 sq ft
305 Switchback St, Knightdale, NC 27545
$399,000
4 beds2.5 baths2,867 sq ft
103 Jade Cir, Knightdale, NC 27545
$389,900
4 beds2.5 baths2,598 sq ft
2009 Unbridled Dr, Knightdale, NC 27545
OPEN OCT 31, 10AM TO 12PM
$264,000
3 beds2 baths1,157 sq ft
1036 Mailwood Dr, Knightdale, NC 27545
$369,900
3 beds2.5 baths1,813 sq ft
817 Maurepas Dr, Knightdale, NC 27545
OPEN TODAY, 3PM TO 5PM
$507,143
4 beds3 baths3,063 sq ft
1405 Moores Creek Dr, Knightdale, NC 27545
OPEN TODAY, 12PM TO 3PM
$409,500
4 beds2.5 baths2,883 sq ft
2116 Old Rosebud Dr, Knightdale, NC 27545
See all

Provided by Redfin

Sale history for 5004 Old Faison Rd

Date

Event

Price

TMLS #2533654

Nov 9, 2023

Sold

$138,000

Oct 16, 2023

Contingent

—

Sep 22, 2023

Listed

$155,000

TMLS #2476272

Dec 14, 2022

Sold

$125,000

Nov 11, 2022

Contingent

—

Sep 27, 2022

Listed

$150,000

Hard to find Almost 1 Acre Building Lot in Wake County (Approximately . 97 Acres ). Great Location just off I 87 and Hwy 264 Bypass. Easy Access to Raleigh or Rocky Mount and all points in between. This lot will not last long in this market. (Contact Town of Knightdale for Building Restrictions. ) (And Contact Wake County to verify Septic and Water Permitting) (Will need new survey / Not sure about any easements)

Tax history for 5004 Old Faison Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.97 Acres

Year renovated

2025

Sq. Ft.

2,481

Year built

2025

Style

Single Family Residential

County

Wake County

APN

1743.01 35 8325 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2026.

Nov 10, 2025 • Final

Residential - new one- and two-family dwelling

Construct a new one and a half story single-family home on a crawlspace with an attached garage. The home includes front and rear porches, four bedrooms, three bathrooms, and a fireplace. Connect the property to the water main and include fuel contractor services.

New construction

Mar 11, 2025 • Final

Commercial trade permit. plumbing, mechanical, electrical, or refrigeration

Install a domestic water tap into an existing water line.

Plumbing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Exterior

Property information
Other Structures: None

Land Information
Current Use: Vacant
Vegetation: Cleared

Lot Information
Lot Size Acres: 0.97
Lot Size Area: 0.97
Lot Size Dimensions: 255x294x20x412
Lot Size Square Feet: 42253.2
Lot Size Units: Acres
Zoning: GR8

Financial

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Sewer: Septic Needed
Utilities: Electricity Available
Water Source: Need Well

Location

School Information
Elementary School: Wake - Hodge Road
Middle Or Junior School: Wake - Neuse River
High School: Wake - Knightdale

Location Information
County Or Parish: Wake
Directions: Take I 87 / Hwy 264 Bypass from Raleigh towards Rocky Mount. Exit to Hodge Rd and turn left onto Hodge Rd. Turn onto Old Faison. Property is on the left
Latitude: 35.769498
Longitude: -78.515112
Postal Code: 27545
Road Surface Type: Paved

Public facts

Beds: —
Baths: 3.0
Sq. Ft.: 2,481
Stories: 1.0
Lot Size: 0.97 acres
Style: Single Family Residential
Year Built: 2025
Year Renovated: 2025
County: Wake County
APN: 1743.01 35 8325 000

Home facts updated by county records on Aug 11, 2026

Other

Listing Date Information
Contract Status Change Date: 2023-11-09
Documents Change Timestamp: 2023-11-10T04:20:52Z
Photos Change Timestamp: 2023-11-10T19:54:31Z

Around this home

Schools

Hodge Road Elementary

Public PreK-5 • Assigned • 0.7mi

5/10

Neuse River Middle

Public 6-8 • Assigned • 3.9mi

3/10

Knightdale High

Public 9-12 • Assigned • 3.6mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

63% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Knightdale, NC • 27545

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$288,000 – $348,000

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Listing provided by Zillow

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New listings for sale in 27545

NEW 16 HRS AGO

$365,000

3 beds2.5 baths1,567 sq ft

809 Willowedge Ct, Knightdale, NC 27545

OPEN TODAY, 1PM TO 3PM

$569,900

4 beds2.5 baths2,756 sq ft

5516 Granite Bluff Ct, Knightdale, NC 27545

OPEN TODAY, 10AM TO 2PM

$334,500

3 beds2.5 baths1,482 sq ft

113 Jade Cir, Knightdale, NC 27545

$419,900

5 beds2.5 baths2,927 sq ft

305 Switchback St, Knightdale, NC 27545

$399,000

4 beds2.5 baths2,867 sq ft

103 Jade Cir, Knightdale, NC 27545

$389,900

4 beds2.5 baths2,598 sq ft

2009 Unbridled Dr, Knightdale, NC 27545

OPEN OCT 31, 10AM TO 12PM3D WALKTHROUGH

$264,000

3 beds2 baths1,157 sq ft

1036 Mailwood Dr, Knightdale, NC 27545

$369,900

3 beds2.5 baths1,813 sq ft

817 Maurepas Dr, Knightdale, NC 27545

OPEN TODAY, 3PM TO 5PM

$507,143

4 beds3 baths3,063 sq ft

1405 Moores Creek Dr, Knightdale, NC 27545

Home values near 5004 Old Faison Rd

Data from public records.

Address	Redfin Estimate
4909 Old Faison Road, Knightdale, NC 2 Beds \| 2 Baths \| 934 Sq. Ft.	$215,230
4908 Old Faison Road, Knightdale, NC 3 Beds \| 3.5 Baths \| 2739 Sq. Ft.	$440,527

Address	Redfin Estimate
4905 Old Faison Road, Knightdale, NC - Beds \| 1 Baths \| 1250 Sq. Ft.	$272,102
4932 Old Faison Road, Knightdale, NC 3 Beds \| 2 Baths \| 1421 Sq. Ft.	$379,598

Address	Redfin Estimate
4901 Old Faison Road, Knightdale, NC - Beds \| 1 Baths \| 1020 Sq. Ft.	$227,349
5006 Old Faison Road, Knightdale, NC 3 Beds \| 2 Baths \| 1295 Sq. Ft.	$327,874

Property information provided by TMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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