700 Oak Ridge Dr

Cary, NC 27519

$6,874,000
Price
492,663 / 11.31
Lot Size / Acres
a view of a yard with a wooden deck
a view of a balcony with yard
an outdoor space with wooden floor
an aerial view of multiple house
an aerial view of residential houses with outdoor space and trees
a view of a city
a view of a house with a tree
an aerial view of a residential houses with outdoor space and trees
an aerial view of a house with a yard and lake
an aerial view of residential houses with outdoor space and trees
a view of a city from a balcony
a view of a green field with lots of bushes
an aerial view of a house with a yard
an aerial view of forest
an aerial view of a city
a view of a city
an aerial view of residential house with outdoor space and trees all around

Description

Rare Development Opportunity - 11.31 Acres in Cary! One of the last remaining large land holdings in Cary—9 parcels totaling approximately 11.31 acres, sold together. This prime site offers exceptional potential for investors, developers, and builders. Located just 3 minutes to Beaver Creek and only minutes to shopping, dining, RTP, and RDU. Over 1,500 feet of Road Frontage! The property sits in a high-demand growth corridor with strong demographics and sustained market appreciation. Opportunities...Rare Development Opportunity - 11.31 Acres in Cary! One of the last remaining large land holdings in Cary—9 parcels totaling approximately 11.31 acres, sold together. This prime site offers exceptional potential for investors, developers, and builders. Located just 3 minutes to Beaver Creek and only minutes to shopping, dining, RTP, and RDU. Over 1,500 feet of Road Frontage! The property sits in a high-demand growth corridor with strong demographics and sustained market appreciation. Opportunities of this scale in Cary are nearly gone. With limited supply of large tracts remaining, this property positions you to capitalize on one of the strongest real estate markets in the Triangle. Key Highlights:9 contiguous parcels / 11.31 acresPrime location near Beaver Creek, RTP, and RDUHigh-growth, high-demand marketRare chance to control one of the last large developable sites in Cary. Contact listing agent for appointment, disclosures, and more information. Mls#
  1. Listed by Liana Saugstad • Flex Realty

Property Details for 700 Oak Ridge Drive

View
Yes
Subdivision
Oak Ridge Acres
LISTING UPDATED: 01/16/2026 12:43 PM

Property Details for 700 Oak Ridge Drive

StatusActive
MLS #10141736
Days on Market8
Taxes$2,276,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size11.31 AC
CountyWake County

Location

Listing Courtesy of Flex Realty
Add your commute

Building Information for 700 Oak Ridge Drive

Lot Size11.31 AC

Payment Calculator

$223,169 per month

30 year fixed, 6.15% Interest

Principal and Interest

$33,503

Property Taxes

$189,667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 Oak Ridge Drive

Summary
Location and General Information
  • Zoning: R-40W
  • Directions: From NC 55 Cary going make - From Jenks Road make a right. Slight left on Holt Rd. Property is on the left hand side.
  • Subdivision Name: Oak Ridge Acres
  • Latitude: 35.7637
  • Longitude: -78.872288
  • Road Frontage Type: Private Road, Public Road
  • Road Surface Type: Dirt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $2,276,000.00
  • City Limits Of: Cary
  • City Limits YN: Yes
  • Lot Number: 0
  • 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 - Turner Creek Road Year Round
  • Middle Or Junior School: Wake - Salem
  • High School: Wake - Green Hope
Property
Lot Information
  • Lot Size Dimensions: tbd
  • Parcel Number: 073304728953000 0030506
  • List PriceAcre: 607780.73
  • Road Frontage Length: 1000
Property and Assessments
  • Photos Count: 17
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Septic Available
  • Water Source: Well
  • Water_Sewer: Well, Septic Tank, Cable Available, Electricity Connected, Septic Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Connected, Septic Available
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 700 Oak Ridge Drive

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

TRIANGLEMLS #10141736

$6,874,000—
Dec 30, 2025

Expired

TRIANGLEMLS #10118756

—
Aug 28, 2025

Listed (Active)

TRIANGLEMLS #10118756

$715,000—
DateEvent & SourcePrice
01/16/2026

Listed (Active)

TRIANGLEMLS #10141736

$6,874,000
12/30/2025

Expired

TRIANGLEMLS #10118756

—
08/28/2025

Listed (Active)

TRIANGLEMLS #10118756

$715,000

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

Public Records for 700 Oak Ridge Drive

Taxable ValueLand$200,790Additions$215,737Total$416,527
Tax Record2025$2,684 ($224 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtStories1Lot Size52,708 SqFtStyleSingle Family ResidenceYear Built1977ZoningR-40WCountyWAKEAPN0733.04-72-8953 0030506Fireplace TypeHas Fireplace

Schools near 700 Oak Ridge Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Turner Creek Elementary
Public - PK to 5
Salem Middle
Public - 6 to 8
Green Hope High
Public - 9 to 12
Wake EC of Information & Biotechnologies
Public - 9 to 11
Rating
School
Distance
Turner Creek Elementary
PublicPK to 5

Salem Middle
Public6 to 8

Green Hope High
Public9 to 12

Wake EC of Information & Biotechnologies
Public9 to 11

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 700 Oak Ridge Drive, Cary, NC 27519

700 Oak Ridge Drive is a 11.31 ac of land for sale in Cary, NC 27519. This property was listed for sale on January 16, 2026 by Flex Realty, it's currently listed at $6,874,000. This listing's school district is Wake County School District. Nearby schools include Turner Creek Elementary, Salem Middle and Green Hope High. 700 Oak Ridge Drive is a 0-bed, 0-bath, 11.31 ac of land on a 492,663 sq. ft. / 11.31 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 Flex Realty

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.