Rare opportunity to own approximately 1.30 acres of mostly cleared land in one of the Triangle's most sought-after locations! Situated just off Lake Wheeler Rd. in Raleigh, this property offers the perfect canvas to build your dream home, with the privacy you crave and the convenience you need. Enjoy being minutes from Lake Wheeler, and just around the corner from the exciting new Costco, Starbucks, and Chick-fil-A development coming to the area. Centrally located with easy access to Apex, Cary, and Raleigh, everything the Triangle has to offer is right at your doorstep. No subdivision, no HOA, just wide open space surrounded by mature privacy trees. A septic is already in place, giving your future build a head start. Don't miss this rare find in a truly dream location!
Vacant landProperty Type
1.3 acresLot Size
$169,231Price/Acres
Listed by Thania Castro Fierro• Raleigh Realty Inc.
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.
Directions: Take I-40 to Exit 297 (Lake Wheeler Road / NC State Farmers Market). From the exit ramp, turn south onto Lake Wheeler Road, heading away from downtown Raleigh and the Farmers Market. Continue south on Lake Wheeler Road for approximately 1.5 miles, passing through a couple of intersections, and 7404 Lake Wheeler Road will be on your right.
Latitude: 35.680747
Longitude: -78.700651
Postal Code: 27603
Road Frontage Type: 2 Lane Road, Public Road
Road Responsibility: Private Maintained Road
Road Surface Type: Unimproved
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 780
Stories: 1.0
Lot Size: 1.3 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1960
County: Wake County
APN: 0780.04 82 8707 000
Home facts updated by county records on Oct 30, 2026
Other
Listing Date Information
Contract Status Change Date: 2026-08-21
Documents Change Timestamp: 2026-05-23T03:28:14Z
Photos Change Timestamp: 2026-05-23T03:28:14Z
Around this home
Schools
Yates Mill Elementary
Public PreK-5 • Assigned • 4.2mi
7/10
Dillard Drive Middle
Public 6-8 • Assigned • 5.1mi
7/10
Middle Creek High
Public 9-12 • Assigned • 3.5mi
7/10
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
52% 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 • 27603
Average low and high temperatures (°F)
49
28
55
35
70
45
77
54
79
59
90
68
91
72
82
67
81
62
71
51
66
43
54
34
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.
10.2 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$217,000 – $263,000
Sell confidently with a local market expert in Raleigh.