Rare Opportunity for a True Estate Homesite in Wake County. Convenient to Downtown Raleigh and Located in the Swift Creek Watershed, this 3.94 acre Tract Features a Beautiful Pond and is perfect for an Executive Estate. . The Location Ensures Protection from Dense Development due to Watershed. There is an Existing Septic System and Well in Place. The Existing Home is currently Occupied but Conveys at No Value.
Vacant landProperty Type
3.94 acresLot Size
$133,682Price/Acres
Listed by Doug Jacobs• Coldwell Banker Advantage
Bought with Chris Edwards• Keller Williams Realty Cary
*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
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3.97 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Wake County
APN
0770.02 79 6933 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 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
Jun 20, 2025 • Final
Residential demolition
Demolish a single-family home and a barn located on the property.
Demolition
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
Land Information
Current Use: Vacant
Vegetation: Wooded
Lot Information
Lot Size Acres: 3.94
Lot Size Area: 3.94
Lot Size Square Feet: 171626.4
Lot Size Units: Acres
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Other
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water Source: Well
Location
School Information
Elementary School: Wake - Swift Creek
Middle Or Junior School: Wake - Dillard
High School: Wake - Athens Dr
Location Information
County Or Parish: Wake
Directions: Penny Rd East from Lake Wheeler Rd. After Crossing over the Lake the Property is on the Left just past Graham Newton Rd.
Latitude: 35.700335
Longitude: -78.738472
Postal Code: 27606
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3.97 acres
Style: Other
Year Built: —
Year Renovated: —
County: Wake County
APN: 0770.02 79 6933 000
Home facts updated by county records on Aug 10, 2026
Other
Listing Date Information
Contract Status Change Date: 2024-06-10
Documents Change Timestamp: 2023-11-12T13:02:01Z
Photos Change Timestamp: 2023-11-25T10:30:04Z
Around this home
Schools
Swift Creek Elementary
Public K-5 • Assigned • 3.1mi
8/10
Dillard Drive Middle
Public 6-8 • Assigned • 3.7mi
7/10
Athens Drive High
Public 9-12 • Assigned • 4.9mi
8/10
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 104° expected this year, 17 days in 30 years
6/10 Wind Factor
58% 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
72
54
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$501,000 – $606,000
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