1513 Cole Mill Rd

Durham, NC 27705

$550,000
Price
50,094 / 1.15
Lot Size / Acres
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Description

1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel...1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.
  1. Listed by Thomas Furlow • Deaton Investment Real Estate

Property Details for 1513 Cole Mill Road

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 03/12/2026 03:08 PM

Property Details for 1513 Cole Mill Road

StatusActive
MLS #10148593
Days on Market32
Taxes$6,010 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size1.15 AC
CountyDurham County
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Location

Listing Courtesy of Deaton Investment Real Estate
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Building Information for 1513 Cole Mill Road

Lot Size1.15 AC

Payment Calculator

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$3,170 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,669

Property Taxes

$501

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1513 Cole Mill Road

Summary
Location and General Information
  • Zoning: R-20
  • Directions: Take Cole Mill Road north from I-85. The properties at 1513, 1515, and 1519 Cole Mill Road will be on your left, just past the entrance to Croasdaile Country Club.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.03611
  • Longitude: -78.955097
  • Road Frontage Type: 4 Lane Road, Public Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $6,010.45
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: 21
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2026-09-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Durham - Hillandale
  • Middle Or Junior School: Durham - Carrington
  • High School: Durham - Riverside
Property
Lot Information
  • Lot Size Dimensions: 150 x 235
  • Parcel Number: 174265
  • List PriceAcre: 478260.87
  • Road Frontage Length: 150
Property and Assessments
  • Photos Count: 16
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 1513 Cole Mill Road

DateEvent & SourcePriceAppreciation
Feb 25, 2026

Listed (Active)

TRIANGLEMLS #10148593

$550,000—
DateEvent & SourcePrice
02/25/2026

Listed (Active)

TRIANGLEMLS #10148593

$550,000

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

Public Records for 1513 Cole Mill Road

Taxable ValueLand$127,000Additions$126,599Total$253,599
Tax Record2025$2,514 ($209 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,140 SqFtAbove Grade Finished SqFt1,140 SqFtStories1Lot Size11,761 SqFtStyleSingle Family ResidenceYear Built1948ZoningRS-20CountyDURHAMAPN174265

Schools near 1513 Cole Mill Road

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Hillandale Elementary
Public - PK to 5
George L Carrington Middle
Public - 6 to 8
Riverside High School
Public - 9 to 12
Ignite Online Academy
Public - K to 12
Rating
School
Distance
Hillandale Elementary
PublicPK to 5

George L Carrington Middle
Public6 to 8

Riverside High School
Public9 to 12

Ignite Online Academy
PublicK to 12

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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More information about 1513 Cole Mill Road, Durham, NC 27705

1513 Cole Mill Road is a 1.15 ac of land for sale in Durham, NC 27705. This property was listed for sale on February 25, 2026 by Deaton Investment Real Estate, it's currently listed at $550,000. This listing's school district is Durham Public School District. Nearby schools include Hillandale Elementary, George L Carrington Middle and Riverside High School. 1513 Cole Mill Road is a 0-bed, 0-bath, 1.15 ac of land on a 50,094 sq. ft. / 1.15 acres lot.

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 Deaton Investment Real Estate

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