Active
382,892 Lot Size8.79 Acres
5101 Olde South Rd, Raleigh, NC 27606
Est: $3,520/moGet pre-approved
LandProperty Type
8.79 acresLot Size

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.
44 days on Market
  • Listed by: Chris Gorman 919.645.7212 chris@gormanresidential.com Brokerage DRE #C27348 • Gorman Residential LLC
Last updated: 08/10/2026 04:24 PM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10184641

Location

Listing Courtesy of Gorman Residential LLC
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Payment Calculator

$3,520 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,230

Property Taxes

$291

HOA Dues

$0

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Property Information for 5101 Olde South Road

Property Details
  • Taxes: $3,489 / year
  • MLS Type: Land / Unimproved Land
  • County: Wake County
  • Zoning Description: R-40W
  • Subdivision: Not in a Subdivision
Building Information
  • Lot Size: 8.79 AC
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
  • Has City Limits: No
  • Lot Number: 2
  • Has Restrictive Covenants: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: 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: Rectangular Lot, Wooded, Hardwood Trees
  • 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
  • Possible Use: Single Family
  • Current Use: Unimproved
  • Senior Community: No
Utilities
  • Sewer: None
  • Utilities: None
  • Water Source: None
Interior and Exterior Features
Interior Features
  • Additional Equipment: None

Property History for 5101 Olde South Road

DateEvent & SourcePriceAppreciation
Aug 6, 2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10184641

$625,000
Jul 6, 2026

Withdrawn

Doorify MLS (fka Triangle MLS) #10162914

$675,000
Jun 13, 2026

Expired

Doorify MLS (fka Triangle MLS) #10069064

$2,481,250
DateEvent & SourcePrice
08/06/2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10184641

$625,000
07/06/2026

Withdrawn

Doorify MLS (fka Triangle MLS) #10162914

$675,000
06/13/2026

Expired

Doorify MLS (fka Triangle MLS) #10069064

$2,481,250

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.

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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 6, 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

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