382,892 Lot Size8.79 Acres
5101 Olde South Rd, Raleigh, NC 27606
Est: $3,468/moGet pre-approved

Description

Rare opportunity to own approximately 8.79 acres of private, un-restricted wooded acreage in a highly convenient Raleigh location. Road frontage yet tucked away in a peaceful natural setting, this unique property offers the privacy, space, and flexibility to create a one-of-a-kind custom estate while remaining just minutes from Raleigh, Cary, Apex, major roadways, shopping, dining, and everyday conveniences. The property's mature trees and natural landscape create a serene setting that feels removed...Rare opportunity to own approximately 8.79 acres of private, un-restricted wooded acreage in a highly convenient Raleigh location. Road frontage yet tucked away in a peaceful natural setting, this unique property offers the privacy, space, and flexibility to create a one-of-a-kind custom estate while remaining just minutes from Raleigh, Cary, Apex, major roadways, shopping, dining, and everyday conveniences. The property's mature trees and natural landscape create a serene setting that feels removed from the city while maintaining exceptional access to the Triangle's most desirable destinations. With nearly nine acres to enjoy, this is an ideal opportunity for buyers seeking privacy, room to spread out, and a distinctive setting for a future custom home. Whether envisioned as a private homestead, equestrian estate, nature-oriented retreat, or long-term legacy property, this tract offers a rare combination of acreage, character, and location. Large parcels of this size are increasingly difficult to find in the Raleigh area, particularly those offering such a peaceful setting with convenient access to the surrounding communities. Bring your vision and explore the possibilities this exceptional property has to offer. Buyers are encouraged to conduct their own due diligence regarding permitted uses, building opportunities, septic suitability, environmental features, watershed requirements, and any future development plans. NOTE: This listing is for Second Tract only - see Survey for details.
LISTING UPDATED: 08/10/2026 05:02 PM

  1. Listed by Chris Gorman • Gorman Residential LLC

Property Details for 5101 Olde South Road

Status
MLS #
10184641
Taxes
$3,489 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
8.79 AC
View
Yes
Subdivision
Not in a Subdivision

Location

Listing Courtesy of Gorman Residential LLC
Add your commute

Building Information for 5101 Olde South Road

Lot Size8.79 AC

Payment Calculator

$3,468 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5101 Olde South Road

Summary
Location and General Information
  • Zoning: R-40W
  • Directions: From I-40 East, take exit 293 onto US-1 and keep right toward Cary. From Crossroads Blvd take right onto Caitboo Ave, right onto Meeting St, left onto Walnut St. Take left onto Tryon Rd and right onto Yates Mill Pond Rd. Take a slight right turn onto Olde South Rd and property on the left.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.719795
  • Longitude: -78.715744
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $3,489.00
  • City Limits YN: No
  • Lot Number: 2
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Property
Lot Information
  • Lot Features: Hardwood Trees, Rectangular Lot, Wooded
  • Lot Size Dimensions: 1,860' x 210'
  • Other Structures: None
  • Parcel Number: 078102565997000 0013118
  • List PriceAcre: 71103.53
  • Road Frontage Length: 210
Property and Assessments
  • Photos Count: 18
  • Possible Use: Single Family
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Unimproved
  • Senior Community: No
Utilities
  • Sewer: None
  • Utilities: None
  • Water Source: None
  • Water_Sewer: None
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: None
  • Additional Equipment: None
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 5101 Olde South Road

DateEvent & SourcePriceAppreciation
Aug 5, 2026

Listed (Active)

TRIANGLEMLS #10184641

$625,000
Jul 6, 2026

Withdrawn

TRIANGLEMLS #10162914

Jun 12, 2026

Expired

TRIANGLEMLS #10069064

DateEvent & SourcePrice
08/05/2026

Listed (Active)

TRIANGLEMLS #10184641

$625,000
07/06/2026

Withdrawn

TRIANGLEMLS #10162914

06/12/2026

Expired

TRIANGLEMLS #10069064

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

Public Records for 5101 Olde South Road

Taxable ValueLand$935,472Additions$104,586Total$1,040,058
Tax Record2025$6,672 ($556 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,629 SqFtAbove Grade Finished SqFt1,629 SqFtStories1Lot Size765,785 SqFtStyleSingle Family ResidenceYear Built1961Year Renovated1961ZoningR-40WCountyWAKEAPN0781.02-56-5997-000

Schools near 5101 Olde South Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Yates Mill Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
Public9 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.

Similar Homes

5101 Olde South Road is a 8.79 ac of land for sale in Raleigh, NC 27606. This property was listed for sale on August 5, 2026 by Gorman Residential LLC, it's currently listed at $625,000. This listing's school district is Wake County School District. Nearby schools include Yates Mill Elementary, Dillard Drive Middle and Athens Drive High. 5101 Olde South Road is a 0-bed, 0-bath, 8.79 ac of land on a 382,892 sq. ft. / 8.79 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 Gorman Residential LLC

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.