0 Penny Rd
Raleigh, NC 27606

$1,380,000

Last Sold Price

831,560 / 19.09

Lot Size / Acres

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Closed 11/14/24

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Description

Rare Acreage Available In SW Wake County. 3 Parcels Totaling 19.09 acres consisting of a 11.07 acre undeveloped tract with Mature Oaks and Other Hardwoods, a 4.08 acre tract with an existing older Ranch style Home and a 3.94 acre tract with an existing Ranch style Home and an Approx. 1.5 acre Pond. The property is Ideally Located and is a Great Candidate for Large/Estate Lot Development or Use as an Executive Estate in Keeping with Surrounding Development. Zoning is R-40W with Wake County. See MLS...Rare Acreage Available In SW Wake County. 3 Parcels Totaling 19.09 acres consisting of a 11.07 acre undeveloped tract with Mature Oaks and Other Hardwoods, a 4.08 acre tract with an existing older Ranch style Home and a 3.94 acre tract with an existing Ranch style Home and an Approx. 1.5 acre Pond. The property is Ideally Located and is a Great Candidate for Large/Estate Lot Development or Use as an Executive Estate in Keeping with Surrounding Development. Zoning is R-40W with Wake County. See MLS #2527002 for Just 11.07 Acres Separately

Listed by Doug Jacobs • Coldwell Banker Advantage

Property Details for 0 Penny Road

View

Yes

Subdivision

Not in a Subdivision

LISTING UPDATED: 10/27/2025 05:11 PM

Property Details for 0 Penny Road

Status	Closed
MLS #	2484050
Days on Market	297
Taxes	-
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Land
MLS Type	Land / Unimproved Land
Year Built	-
Lot Size	19.09 AC
County	Wake County

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Location

Listing Courtesy of Coldwell Banker Advantage

Sold By Compass -- Cary

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Building Information for 0 Penny Road

Lot Size19.09 AC

Payment Calculator

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$6,949 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,949

Property Taxes

HOA Dues

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Property Information for 0 Penny Road

Summary

Location and General Information

Directions: Penny Rd towards Lake Wheeler Bridge from Holly Springs Rd Intersection. Property on both sides. Look for Sign
Subdivision Name: Not in a Subdivision

Latitude: 35.700933
Longitude: -78.7369
Road Surface Type: Paved

Taxes and HOA Information

City Limits YN: No
FIPS Code: 37183

Lot Number: 0
Restrictive Covenants YN: No

Contract Information

Original Listing ID: 2484050
Original MLS: Triangle MLS Inc

Property Leased YN: No

School Information

Elementary School: Wake - Swift Creek
Middle Or Junior School: Wake - Dillard

High School: Wake - Athens Dr

Virtual Tour

Virtual Tour URL Unbranded: https://drive.google.com/file/d/1cjMY-Lg7I_vQKPQY3lDwcaSAr9xtWDDS/view?usp=sharing

Property

Lot Information

Lot Features: Level
Vegetation: Wooded Description: Hardwoods

Sold PriceList Price: 0.6

Property and Assessments

Photos Count: 26
Below Grade Finished Area Units: Square Feet

Current Use: Vacant

Utilities

Sewer: Septic Needed, Conventional
Utilities: Electricity Available, Natural Gas Available, Phone Available

Water Source: Well, Need Well
Water_Sewer: Well, Need Well, Septic Needed, Conventional, Electricity Available, Natural Gas Available, Phone Available

Interior and Exterior Features

Exterior Features

Pool Private: No

Interior Features

Interior: Electricity Available, Natural Gas Available, Phone Available

Agent

Sale and Listing

Property Type: Land
Property Class Name: CrossProperty

Property History for 0 Penny Road

Date	Event & Source	Price	Appreciation
Nov 14, 2024	Sold TRIANGLEMLS #2484050	$1,380,000	—
Nov 14, 2024	Sold TRIANGLEMLS #2527002	$1,380,000	—
Nov 29, 2023	Pending AMLS #2484050		—
Nov 29, 2023	Expired TRIANGLEMLS #960655		—
Nov 29, 2023	Withdrawn TRIANGLEMLS #960655		—
Nov 17, 2023	Expired AMLS #2484050	$2,300,000	—
Nov 8, 2023	Price Change TRIANGLEMLS #2484050	$2,300,000	—
Sep 10, 2023	Pending TRIANGLEMLS #2484050		—
Sep 10, 2023	Pending TRIANGLEMLS #2527002		—
Aug 15, 2023	Listed (Active) TRIANGLEMLS #2527002	$1,350,000	—
Aug 15, 2023	Listed (Active) TRIANGLEMLS #2527002	$1,350,000	—
Jul 10, 2023	Price Change TRIANGLEMLS #2484050	$2,300,000	—
Jun 2, 2023	Price Change TRIANGLEMLS #2484050	$2,400,000	—
Nov 17, 2022	Listed (Active) TRIANGLEMLS #2484050	$2,500,000	—
Nov 17, 2022	Listed (Active) AMLS #2484050	$2,500,000	—
Nov 17, 2022	Listed (Active) TRIANGLEMLS #2484050	$2,500,000	—
Mar 31, 2021	Expired AMLS #2290491	$1,660,000	—
Mar 31, 2021	Expired TRIANGLEMLS #2290491		—
Jul 21, 2020	Withdrawn TRIANGLEMLS #2290491		—
Nov 25, 2019	Listed (Active) TRIANGLEMLS #2290491	$1,660,000	—
Nov 25, 2019	Listed (Active) TRIANGLEMLS #2290491	$1,660,000	—
Nov 25, 2019	Listed (Active) AMLS #2290491	$1,660,000	—
Feb 16, 2019	Expired TRIANGLEMLS #2210120		—
Feb 15, 2019	Expired AMLS #2210120	$480,000	—
Aug 16, 2018	Listed (Active) AMLS #2210120	$480,000	—
Aug 16, 2018	Listed (Active) TRIANGLEMLS #2210120	$480,000	—
Jul 29, 2016	Sold TRIANGLEMLS #2075501	$170,000	—
Jul 29, 2016	Sold TRIANGLEMLS #2075501	$170,000	—
Jul 29, 2016	Sold AMLS #2075501	$170,000	—
Jun 30, 2016	Pending TRIANGLEMLS #2075501		—
Jun 24, 2016	Listed (Active) AMLS #2075501	$165,000	—
Jun 24, 2016	Listed (Active) TRIANGLEMLS #2075501	$165,000	—
Jun 24, 2016	Listed (Active) TRIANGLEMLS #2075501	$165,000	—
Mar 26, 2008	Expired TRIANGLEMLS #960655		—
Mar 26, 2008	Expired TRIANGLEMLS #960655		—
Mar 26, 2008	Expired AMLS #960655	$193,500	—
Oct 4, 2007	Listed (Active) TRIANGLEMLS #960655	$269,900	—
Oct 4, 2007	Listed (Active) AMLS #960655	$269,900	—
Oct 4, 2007	Listed (Active) TRIANGLEMLS #960655	$269,900	—
Nov 27, 2002	Sold TRIANGLEMLS #634140	$70,000	—
Nov 27, 2002	Sold AMLS #634140	$70,000	—
Nov 18, 2002	Pending TRIANGLEMLS #634140		—
Apr 10, 2002	Expired TRIANGLEMLS #613178		—
Apr 10, 2002	Expired AMLS #613178	$135,000	—
Apr 1, 2002	Listed (Active) AMLS #634140	$135,000	—
Apr 1, 2002	Listed (Active) TRIANGLEMLS #634140	$135,000	—
Oct 1, 2001	Listed (Active) TRIANGLEMLS #613178	$135,000	—
Oct 1, 2001	Listed (Active) AMLS #613178	$135,000	—

Date	Event & Source	Price
11/14/2024	Sold TRIANGLEMLS #2484050	$1,380,000
11/14/2024	Sold TRIANGLEMLS #2527002	$1,380,000
11/29/2023	Pending AMLS #2484050	—
11/29/2023	Expired TRIANGLEMLS #960655	—
11/29/2023	Withdrawn TRIANGLEMLS #960655	—
11/17/2023	Expired AMLS #2484050	$2,300,000
11/08/2023	Price Change TRIANGLEMLS #2484050	$2,300,000
09/10/2023	Pending TRIANGLEMLS #2484050	—
09/10/2023	Pending TRIANGLEMLS #2527002	—
08/15/2023	Listed (Active) TRIANGLEMLS #2527002	$1,350,000
08/15/2023	Listed (Active) TRIANGLEMLS #2527002	$1,350,000
07/10/2023	Price Change TRIANGLEMLS #2484050	$2,300,000
06/02/2023	Price Change TRIANGLEMLS #2484050	$2,400,000
11/17/2022	Listed (Active) TRIANGLEMLS #2484050	$2,500,000
11/17/2022	Listed (Active) AMLS #2484050	$2,500,000
11/17/2022	Listed (Active) TRIANGLEMLS #2484050	$2,500,000
03/31/2021	Expired AMLS #2290491	$1,660,000
03/31/2021	Expired TRIANGLEMLS #2290491	—
07/21/2020	Withdrawn TRIANGLEMLS #2290491	—
11/25/2019	Listed (Active) TRIANGLEMLS #2290491	$1,660,000
11/25/2019	Listed (Active) TRIANGLEMLS #2290491	$1,660,000
11/25/2019	Listed (Active) AMLS #2290491	$1,660,000
02/16/2019	Expired TRIANGLEMLS #2210120	—
02/15/2019	Expired AMLS #2210120	$480,000
08/16/2018	Listed (Active) AMLS #2210120	$480,000
08/16/2018	Listed (Active) TRIANGLEMLS #2210120	$480,000
07/29/2016	Sold TRIANGLEMLS #2075501	$170,000
07/29/2016	Sold TRIANGLEMLS #2075501	$170,000
07/29/2016	Sold AMLS #2075501	$170,000
06/30/2016	Pending TRIANGLEMLS #2075501	—
06/24/2016	Listed (Active) AMLS #2075501	$165,000
06/24/2016	Listed (Active) TRIANGLEMLS #2075501	$165,000
06/24/2016	Listed (Active) TRIANGLEMLS #2075501	$165,000
03/26/2008	Expired TRIANGLEMLS #960655	—
03/26/2008	Expired TRIANGLEMLS #960655	—
03/26/2008	Expired AMLS #960655	$193,500
10/04/2007	Listed (Active) TRIANGLEMLS #960655	$269,900
10/04/2007	Listed (Active) AMLS #960655	$269,900
10/04/2007	Listed (Active) TRIANGLEMLS #960655	$269,900
11/27/2002	Sold TRIANGLEMLS #634140	$70,000
11/27/2002	Sold AMLS #634140	$70,000
11/18/2002	Pending TRIANGLEMLS #634140	—
04/10/2002	Expired TRIANGLEMLS #613178	—
04/10/2002	Expired AMLS #613178	$135,000
04/01/2002	Listed (Active) AMLS #634140	$135,000
04/01/2002	Listed (Active) TRIANGLEMLS #634140	$135,000
10/01/2001	Listed (Active) TRIANGLEMLS #613178	$135,000
10/01/2001	Listed (Active) AMLS #613178	$135,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Penny Road

This home is within Wake County School District.


Rating	School	Type	Grades	Distance
7/10	Swift Creek Elementary	Public - Serves this home	K to 5	3.0 mi
7/10	Dillard Drive Middle	Public - Serves this home	6 to 8	3.6 mi
8/10	Athens Drive High	Public - Serves this home	9 to 12	4.9 mi
2/10	SCORE Academy	Public - Nearby school	9 to 12	3.7 mi
8/10	Crossroads FLEX	Public - Nearby school	9 to 12	3.7 mi
9/10	Wake Nc State Univ Stem Early College High School	Public - Nearby school	9 to 13	3.8 mi


Rating	School	Distance
7/10	Swift Creek Elementary PublicK to 5 Serves this home	3.0 mi
7/10	Dillard Drive Middle Public6 to 8 Serves this home	3.6 mi
8/10	Athens Drive High Public9 to 12 Serves this home	4.9 mi
2/10	SCORE Academy Public9 to 12 Nearby school	3.7 mi
8/10	Crossroads FLEX Public9 to 12 Nearby school	3.7 mi
9/10	Wake Nc State Univ Stem Early College High School Public9 to 13 Nearby school	3.8 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Advantage

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.

0 Penny RdRaleigh, NC 27606

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0 Penny Rd
Raleigh, NC 27606