518 E Whitaker Mill Rd

29,185 / 0.67
Lot Size / Acres

Description

Value is in the land and prime proximity to Five Points. Two parcels offered together for multifamily development. Seller has completed the site permit review process with the City of Raleigh; site plan approved for a 9-unit residential development. Contact listing agent for plans/approvals and additional details. Existing structures remain and convey as-is, where-is. 522 is tenant-occupied - do not disturb.Value is in the land and prime proximity to Five Points. Two parcels offered together for multifamily development. Seller has completed the site permit review process with the City of Raleigh; site plan approved for a 9-unit residential development. Contact listing agent for plans/approvals and additional details. Existing structures remain and convey as-is, where-is. 522 is tenant-occupied - do not disturb.
  1. Listed by Brad Phelps • Long & Foster Real Estate INC/Raleigh

Property Details for 518 East Whitaker Mill Road

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 01/30/2026 11:36 AM

Property Details for 518 East Whitaker Mill Road

StatusActive
MLS #10143834
Days on Market1
Taxes$11,734 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.67 AC
CountyWake County

Location

Listing Courtesy of Long & Foster Real Estate INC/Raleigh
Add your commute

Building Information for 518 East Whitaker Mill Road

Lot Size0.67 AC

Payment Calculator

$8,532 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,554

Property Taxes

$978

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 518 East Whitaker Mill Road

Summary
Location and General Information
  • Zoning: R-10
  • Directions: From Glenwood Avenue at Five Points, turn left onto Whitaker Mill Road. Continue straight; just past Carson Street, the property will be on the right at 518 & 522 E. Whitaker Mill Road.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.806337
  • Longitude: -78.633008
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Neighborhood: Five Points
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $11,734.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 22,25
  • 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 - Underwood
  • Middle Or Junior School: Wake - Oberlin
  • High School: Wake - Broughton
Property
Lot Information
  • Lot Features: City Lot
  • Lot Size Dimensions: 151 x 209 x 155 x 184
  • Other Structures: Outbuilding, Residence
  • Parcel Number: Real Estate ID #0056636 & #0039331
  • List PriceAcre: 2313432.84
  • Road Frontage Length: 151
Property and Assessments
  • Photos Count: 5
  • Possible Use: Development, Multi-Family
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Multi-Family, Residential, See Remarks
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Available, Sewer Available, Water Available
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 518 East Whitaker Mill Road

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Listed (Active)

TRIANGLEMLS #10143834

$1,550,000
Jun 15, 2024

Sold (Public Record)

Public Record #1534823373

$525,000
DateEvent & SourcePrice
01/30/2026

Listed (Active)

TRIANGLEMLS #10143834

$1,550,000
06/15/2024

Sold (Public Record)

Public Record #1534823373

$525,000

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

Public Records for 518 East Whitaker Mill Road

Taxable ValueLand$495,000Additions$49,949Total$544,949
Tax Record2025$4,772 ($398 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,541 SqFtAbove Grade Finished SqFt1,541 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1943Year Renovated1983ZoningR-10CountyWAKEAPN1704.08-88-8519 0056636Fireplace TypeHas Fireplace

Schools near 518 East Whitaker Mill Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Underwood Elementary
PublicK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Phillips High
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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518 East Whitaker Mill Road is a 0.67 ac of land for sale in Raleigh, NC 27608. This property was listed for sale on January 30, 2026 by Long & Foster Real Estate INC/Raleigh, it's currently listed at $1,550,000. It has been on the market for a total of 0 days and was last sold on June 15, 2024. This listing's school district is Wake County School District. Nearby schools include Underwood Elementary, Oberlin Middle School and Needham Broughton High. 518 East Whitaker Mill Road is a 0-bed, 0-bath, 0.67 ac of land on a 29,185 sq. ft. / 0.67 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 Long & Foster Real Estate INC/Raleigh

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