Active
50,094 Lot Size1.15 Acres
1513 Cole Mill Rd, Durham, NC 27705
Est: $2,955/moGet pre-approved
LandProperty Type
1.15 acresLot Size

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.
199 days on Market
  • Listed by: Thomas Furlow 919.412.3913 tfurlow@deaton.com Brokerage DRE #C15067 • Deaton Investment Real Estate
Last updated: 09/01/2026 08:19 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10148593

Location

Listing Courtesy of Deaton Investment Real Estate
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Payment Calculator

$2,955 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,455

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

Property Details
  • Taxes: $6,010 / year
  • MLS Type: Land / Unimproved Land
  • Zoning Description: R-20
  • Subdivision: Not in a Subdivision
Building Information
  • Lot Size: 1.15 AC
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: Public Road, 4 Lane Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $6,010.45
  • City Limits Of: Durham
  • Has City Limits: Yes
  • Lot Number: 21
  • Has Restrictive Covenants: No
Contract Information
  • Lease Expiration Date: 2026-09-30
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Durham - Hillandale Elementary
  • Middle Or Junior School: Durham - George L Carrington Middle
  • High School: Durham - Riverside High
Property
Lot Information
  • Lot Size Dimensions: 150 x 235
  • Parcel Number: 174265
  • List PriceAcre: 413043.48
  • Road Frontage Length: 150
Property and Assessments
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 1513 Cole Mill Road

DateEvent & SourcePriceAppreciation
Sep 1, 2026

Price Change

Doorify MLS (fka Triangle MLS) #10148593

$475,000
May 8, 2026

Price Change

Doorify MLS (fka Triangle MLS) #10148593

$500,000
Feb 25, 2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10148593

$550,000
DateEvent & SourcePrice
09/01/2026

Price Change

Doorify MLS (fka Triangle MLS) #10148593

$475,000
05/08/2026

Price Change

Doorify MLS (fka Triangle MLS) #10148593

$500,000
02/25/2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10148593

$550,000

For completeness, we 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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Hillandale Elementary
PublicPK to 5

George L Carrington Middle
Public6 to 8

Riverside High School
Public9 to 12

City Of Medicine Academy
Public9 to 13

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.

Durham
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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 $475,000. 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Deaton Investment Real Estate

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