For sale

$275,000

Est. $1,594/mo —

Land

•

37.02

acres (lot)

4505 Mitchell Mill Rd, Wake Forest, NC 27587

About this home

Create your own luxury retreat at Watkins Pond in Wake Forest! This historic pond has 37 acres of scenic property. It's a must see! This listing includes 3 properties: 4501 Mitchell Mill Road (1.86 ac, PIN: 1757054441.), 4505 Mitchell Mill Road (25 acres, PIN: 1757065456), and 0 Stells Road (10.16 acres PIN: 1757177453), which will be sold together as Watkins Pond, (37.02 acres total). If you are looking for a private, wooded, and open space filled with recreational opportunities, calmness and natural beauty; this is the place for you! Get the feeling of solitude, yet the benefits of nearby amenities at this central Mitchell Mill Road location just minutes from everything. .. Rolesville, Wake Forest, and Raleigh. The possibilities are endless. Need some relaxation and stress reduction? This can be your own private park to retreat whenever you like. Share a tranquil environment with a bald eagle and great blue heron. Yes, a habitat for diverse wildlife. Relax and enjoy the benefits of boating, fishing and camping, maybe a houseboat! Fun for all ages. Schedule an appointment today. Low taxes: 37 Acres: $1727.10

Vacant landProperty Type

37.02 acresLot Size

$7,428Price/Acres

Listed by Floyd Barco • Coldwell Banker HPW

Listing updated: Jul 31, 2026 at 11:53am

Redfin checked: a minute ago

•Source:TMLS #10084045

Payment calculator

$1,594 per month

Principal and interest$1,445

Property taxes

$71

HOA dues

Home insurance

$78

Utilities

Add

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN FRI, 11AM TO 2PM
$369,075
3 beds2.5 baths2,025 sq ft
221 Sweet Honey Ln, Knightdale, NC 27545
OPEN FRI, 11AM TO 2PM
$470,305
5 beds3 baths2,619 sq ft
401 Rolling Pasture Ln, Knightdale, NC 27545
OPEN FRI, 4PM TO 7PM
$760,000
3 beds2 baths1,846 sq ft
2612 Barmettler St, Raleigh, NC 27607
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$315,000
3 beds3.5 baths1,886 sq ft
2512 Laurel Valley Way, Raleigh, NC 27604
OPEN SAT, 12PM TO 2PM
$464,500
4 beds2.5 baths2,874 sq ft
504 Thistlegate Trl, Raleigh, NC 27610
OPEN SAT, 12PM TO 3PM
$517,000
4 beds2.5 baths3,073 sq ft
509 Ferry Ct, Wake Forest, NC 27587
OPEN SAT, 1PM TO 3PM
$425,000
3 beds2.5 baths2,240 sq ft
529 Holden Forest Dr, Youngsville, NC 27596
OPEN SAT, 1PM TO 3PM
$270,000
2 beds2.5 baths1,338 sq ft
408 Galashiels Pl, Wake Forest, NC 27587
OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$495,000
4 beds3.5 baths2,196 sq ft
15 Arbor Dr, Youngsville, NC 27596
OPEN SUN, 1PM TO 3PM
$899,900
4 beds2 baths2,172 sq ft
527 N East St, Raleigh, NC 27604

Around this home

Schools

K - 12
Preschool & daycare

Harris Creek Elementary

Public PreK-5 • Assigned • 1.3mi

5/10

Rolesville Middle School

Public 6-8 • Assigned • 2.3mi

9/10

Rolesville High School

Public 9-12 • Assigned • 3.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Exterior features
Waterfront frontage
Wooded vegetation
Recreational current use
Fishing as a community feature
Asphalt road surface
Publicly maintained city street with two lanes

Home design
Property address: 4505 Mitchell Mill Rd, Wake Forest, NC 27587

Utilities
Public sewer
Public water source (listed as Other)
Utilities: see remarks

Sale and tax history for 4505 Mitchell Mill Rd

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

25 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Wake County

APN

1757.01 06 5456 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2026.

R-30

Residential-30 District

The R-30 districts are known as non-watershed residential districts. These districts allow a range of very-low to moderate-density residential development and various building forms, depending on the specific district. A limited number of nonresidential uses are also allowed. Some nonresidential uses are permitted by-right; others are allowed only within designated activity centers and then 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:

Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Library
Golf related
Housing-Mobile home park
Park & open space

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

49% 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

Wake Forest, NC • 27587

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

96/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Wake Forest. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.1 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 4505 Mitchell Mill Rd

$250,864

$24K under list price of $275K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $303K to $365K.

SOLD JUN 26, 2026
$320,000 Last sold price
3 beds2 baths1,221 sq ft
4112 Timberbrook Dr, Raleigh, NC 27616
smaller lot
basement
SOLD MAY 26, 2026
$303,490 Last sold price
3 beds2.5 baths1,805 sq ft
2950 Hickory Field Dr, Raleigh, NC 27616
smaller lot
SOLD JUN 30, 2026
$350,000 Last sold price
3 beds2.5 baths1,918 sq ft
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smaller lot
SOLD JUL 16, 2026
$359,000 Last sold price
3 beds2 baths1,572 sq ft
3741 Jonesville Rd, Wake Forest, NC 27587
smaller lot
SOLD AUG 10, 2026
$365,000 Last sold price
3 beds2.5 baths1,653 sq ft
3216 Leebrook Rd, Raleigh, NC 27616
smaller lot
SOLD DEC 11, 2025
$330,000 Last sold price
3 beds2.5 baths1,567 sq ft
3814 Tyler Bluff Ln, Raleigh, NC 27616
smaller lot

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Early Access listings

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EARLY ACCESSREDFIN COMING SOON

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EARLY ACCESSREDFIN COMING SOON

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EARLY ACCESSREDFIN COMING SOON

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EARLY ACCESSCOMPASS COMING SOON

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Land— sq ft

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Listing provided by Zillow

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New listings for sale in 27587

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3D WALKTHROUGH

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5600 Mitchell Mill Rd, Wake Forest, NC 27587

$1,549,900

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3D WALKTHROUGH

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EARLY ACCESSREDFIN COMING SOON

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Details provided by TMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 4505 Mitchell Mill Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 4505 Mitchell Mill Rd

Early Access listings

Nearby similar homes

New listings for sale in 27587

More real estate resources