5500 Novaglen Rd

Durham, NC 27712

$895,000
Price
859,874 / 19.74
Lot Size / Acres
a front view of a house
a picture of a book and a white wooden sign

Description

Excellent investment opportunity in Durham, NC! This +/-10 lot subdivision proivdes by-right development for single-family well and septic lots in Durham County, NC on approximately 20 acres. Novaglen Road will need to be extended with an estimated cost of ~$500,000. Erosion control permits and DOT approval for the road construction were recently issued, so the property is ready for development! This offers residential developers a unique opportunity in a rapidly growing North Durham submarket with...Excellent investment opportunity in Durham, NC! This +/-10 lot subdivision proivdes by-right development for single-family well and septic lots in Durham County, NC on approximately 20 acres. Novaglen Road will need to be extended with an estimated cost of ~$500,000. Erosion control permits and DOT approval for the road construction were recently issued, so the property is ready for development! This offers residential developers a unique opportunity in a rapidly growing North Durham submarket with a strong demand for large-lot residential homes. This property allows for devleopers and homebuilders to capitalize on an incredibly strong residential sales market fueled by a lack of re-sale supply and a general lack of large lot single-family homes. Resale volume for existing product within nearby Treybutn has been strong with 34 sales in the last 12 months at prices up to $1,025,000. Overall new constructionhas been limited due to lack of supply, however, The View which recently delivered, has over a dozen sales in the last 12 months with prices averaging over $700,000.
  1. Listed by Bill Marlowe • MCV Realty, LLC

Property Details for 5500 Novaglen Road

View
Yes
Subdivision
Northwood Forest
LISTING UPDATED: 11/07/2025 03:04 PM

Property Details for 5500 Novaglen Road

StatusActive
MLS #10119287
Days on Market113
Taxes$28 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size19.74 AC
CountyDurham County

Location

Listing Courtesy of MCV Realty, LLC
Add your commute

Building Information for 5500 Novaglen Road

Lot Size19.74 AC

Payment Calculator

$4,425 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,423

Property Taxes

$2

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5500 Novaglen Road

Summary
Location and General Information
  • Zoning: RS20
  • Directions: Head west on Torredge Road from Snow Hill Road. Take Torredge Road about 1.5 miles until it dead ends into Novaglen Road. Lake a left and the property is at the end of the street.
  • Subdivision Name: Northwood Forest
  • Latitude: 36.101111
  • Longitude: -78.889557
  • Road Frontage Type: Unimproved
  • Road Surface Type: Unimproved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $27.53
  • City Limits YN: No
  • Lot Number: 13-15
  • 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: Durham - Little River
  • Middle Or Junior School: Durham - Lucas
  • High School: Durham - Northern
Property
Lot Information
  • Lot Size Dimensions: Varying
  • Parcel Number: 0835256732
  • List PriceAcre: 45339.41
  • Road Frontage Length: 0
Property and Assessments
  • Photos Count: 3
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Septic Needed
  • Utilities: Septic Available
  • Water Source: Need Well
  • Water_Sewer: Need Well, Septic Needed, Septic Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Septic Available
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 5500 Novaglen Road

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Price Change

TRIANGLEMLS #10119287

$895,000—
Sep 2, 2025

Listed (Active)

TRIANGLEMLS #10119287

$945,000—
DateEvent & SourcePrice
09/15/2025

Price Change

TRIANGLEMLS #10119287

$895,000
09/02/2025

Listed (Active)

TRIANGLEMLS #10119287

$945,000

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

Public Records for 5500 Novaglen Road

Taxable ValueLand$11,760Additions-Total$11,760
Tax Record2025$76 ($6 / month)
Home Facts
Beds0Lot Size21,344 SqFtStyleResidentialZoningRS-20CountyDURHAMAPN186376

Schools near 5500 Novaglen Road

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Little River Elementary
Public - PK to 8
Lucas Middle School
Public - 6 to 8
Northern High
Public - 9 to 12
Ignite Online Academy
Public - K to 12
Rating
School
Distance
Little River Elementary
PublicPK to 8

Lucas Middle School
Public6 to 8

Northern High
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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 5500 Novaglen Road, Durham, NC 27712

5500 Novaglen Road is a 19.74 ac of land for sale in Durham, NC 27712. This property was listed for sale on September 2, 2025 by MCV Realty, LLC, it's currently listed at $895,000. This listing's school district is Durham Public School District. Nearby schools include Little River Elementary, Lucas Middle School and Northern High. 5500 Novaglen Road is a 0-bed, 0-bath, 19.74 ac of land on a 859,874 sq. ft. / 19.74 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 MCV Realty, 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.