Rare opportunity in a prime SW Raleigh location, 2 private, wooded acres with no HOA and no restrictions, bordering 24 acres of Wake County-owned land for unmatched privacy and space. If you've been searching for room to breathe and a setting to make your own, this is it. The natural slope of the lot offers a walkout basement, already in place. Being sold as-is, this home has good bones and is ready for your vision, bring your ideas and make it yours. Land, privacy, and potential like this rarely come available in this area.
Single-familyProperty Type
1986Year Built
2.01 acresLot Size
$161Price/Sq.Ft.
2 car garageParking
Listed by Gabe Button• Better Homes & Gardens Real Es
Est. $2,521 per month, based on comparable rentals
Sale and tax history for 6428 Penny Rd
Sale History
Tax History
Date
Event
Price
TMLS #10184181
Nov 9, 2026
Sold
$380,000
$161/sq ft
Oct 10, 2026
Pending
—
Sep 14, 2026
Price Changed
$475,000
$201/sq ft
Jul 22, 2026
Listed
$525,000
$222/sq ft
Public Records
Nov 4, 2020
Sold
$354,500
$150/sq ft
Public Records
Jul 2, 1985
Sold
$18,000
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,643 (+3.0%)
$222,300 + $344,124
$566,424
2024
$3,538 (+24.8%)
$222,300 + $344,124
$566,424
2023
$2,835 (+7.9%)
$222,300 + $344,124
$566,424
2022
$2,628 (+2.8%)
$87,000 + $274,098
$361,098
2021
$2,557 (+1.7%)
$87,000 + $274,098
$361,098
2020
$2,515 (−3.8%)
$87,000 + $274,098
$361,098
2019
$2,614 (+8.8%)
$87,000 + $274,098
$361,098
2018
$2,403 (+5.5%)
$100,000 + $217,558
$317,558
2017
$2,278 (+2.1%)
$100,000 + $217,558
$317,558
2016
$2,231 (+7.3%)
$100,000 + $217,558
$317,558
2015
$2,080 (+5.5%)
$100,000 + $217,558
$317,558
2014
$1,971 (+7.0%)
$88,000 + $208,623
$296,623
2013
$1,841
$88,000 + $208,623
$296,623
2012
$1,841
$88,000 + $208,623
$296,623
2011
$1,841
$88,000 + $208,623
$296,623
Public record
Public record
Zoning
Permits
Beds
—
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
2.01 Acres
Year renovated
1986
Sq. Ft.
2,070
Year built
1986
Style
Single Family Residential
County
Wake County
APN
0781.03 41 1409 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
R-40W
Residential-40 Watershed District
The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space
Oct 12, 2022 • Final
Accessory structure application for wastewater
Construct a detached pole barn.
ADU
Grading
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
Parking
Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 2
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 3
Main Level Bedrooms: 3
Interior Features
Flooring: Other
Room Information
Has Basement
Walk-Out Access
Exterior
Building Information
Construction Materials: Brick
Building Area Total: 2360.0
Structure Type: Site Built
Exterior Features
Roof: Architectural Shingle
Property information
Living Area: 2,360
Above Grade Finished Area: 2360.0
Below Grade Finished Area: 0.0
Levels: One
Other Structures: Workshop
Property Condition: Fixer
Lot Information
Lot Size Acres: 2.01
Lot Size Area: 2.01
Lot Size Square Feet: 87555.0
Lot Size Units: Acres
Zoning: R-40W
Financial
Tax Information
Tax Annual Amount: 3642.85
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Heating: No
Heating Information: Electric, None
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
Location Information
County Or Parish: Wake
Directions: Lake Wheeler Rd S to Penny Rd. Right on Penny Rd. Property on right.
Latitude: 35.704601
Longitude: -78.716735
Postal Code: 27606
Road Responsibility: Public Maintained Road
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 2,070
Stories: 1.0
Lot Size: 2.01 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: 1986
County: Wake County
APN: 0781.03 41 1409 000
Home facts updated by county records on Oct 30, 2026
Other
Listing Date Information
Contract Status Change Date: 2026-11-09
Documents Change Timestamp: 2026-08-04T12:14:35Z
Photos Change Timestamp: 2026-08-04T12:14:35Z
Price Change Timestamp: 2026-09-14T13:42:27Z
Listing Price Information
Previous List Price: 525000.0
Around this home
Schools
Yates Mill Elementary
Public PreK-5 • Assigned • 2.4mi
7/10
Dillard Drive Middle
Public 6-8 • Assigned • 3.4mi
7/10
Athens Drive High
Public 9-12 • Assigned • 4.4mi
8/10
Provided by GreatSchools
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
57% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27606
Average low and high temperatures (°F)
49°
31°
55°
37°
70°
47°
77°
56°
79°
61°
90°
70°
92°
74°
83°
69°
81°
64°
70°
53°
66°
47°
54°
36°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 4% for direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$412,000 – $498,000
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