Rare find! 2.26 beautiful acres in Raleigh just on the outskirts of Cary & includes a historic home to renovate or tear down & build new! Home built in the 1920's & later expanded in the 1950's. Large kitchen with cedar cabinets, solid surface counter tops & tile backsplash. There is a 3 car detached barn shaped garage, 4 barns & a shed. No city taxes. Property being sold "as is". Home inspection report available. Ask agent about deed restrictions.
*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
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
2.26 Acres
Year renovated
1960
Sq. Ft.
1,924
Year built
1920
Style
Single Family Residential
County
Wake County
APN
0771.03 23 7203 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
Apr 5, 2027 • Active
Well repair
Perform well restoration and install a new liner.
Gas
Plumbing
Water heater
Dec 6, 2021 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
Gas
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.
Other Structures: Barn(s), Outbuilding, Shed(s), Storage, Workshop
Ownership Type: Other
Lot Information
Lot Size Acres: 2.26
Lot Size Area: 2.26
Lot Size Dimensions: See Survey
Lot Size Square Feet: 98532.72
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 0.0
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
School Information
Elementary School: Wake County Schools
Middle Or Junior School: Wake County Schools
High School: Wake County Schools
Location Information
County Or Parish: Wake
Directions: Exit from highway 64 to Walnut Street that turns into Holly Springs Rd, left on Penny Road and house down on the left. Or take Ten-Ten Road from Cary, make a left on Holly Springs Rd and then a right on Penny Rd and house will be on the left.
Latitude: 35.709894
Longitude: -78.755103
Postal Code: 27606
Road Frontage Type: Other
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 1,924
Stories: 1.0
Lot Size: 2.26 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1960
County: Wake County
APN: 0771.03 23 7203 000
Home facts updated by county records on Aug 10, 2026