7404 Lake Wheeler Road

Closed 8/21/26
Closed 8/21/26
Untitled design
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Sold
Last Sold Price
$220,000
56,628 Lot Size1.3 Acres
7404 Lake Wheeler Rd, Raleigh, NC 27603
LandProperty Type
1.3 acresLot Size

Description

Rare opportunity to own approximately 1.30 acres of mostly cleared land in one of the Triangle's most sought-after locations! Situated just off Lake Wheeler Rd. in Raleigh, this property offers the perfect canvas to build your dream home, with the privacy you crave and the convenience you need. Enjoy being minutes from Lake Wheeler, and just around the corner from the exciting new Costco, Starbucks, and Chick-fil-A development coming to the area. Centrally located with easy access to Apex, Cary,...Rare opportunity to own approximately 1.30 acres of mostly cleared land in one of the Triangle's most sought-after locations! Situated just off Lake Wheeler Rd. in Raleigh, this property offers the perfect canvas to build your dream home, with the privacy you crave and the convenience you need. Enjoy being minutes from Lake Wheeler, and just around the corner from the exciting new Costco, Starbucks, and Chick-fil-A development coming to the area. Centrally located with easy access to Apex, Cary, and Raleigh, everything the Triangle has to offer is right at your doorstep. No subdivision, no HOA, just wide open space surrounded by mature privacy trees. A septic is already in place, giving your future build a head start. Don't miss this rare find in a truly dream location!
  • Listed by: Thania Castro Fierro • Raleigh Realty Inc.
Listing closed: 08/21/2026 12:00 AM • Source: TRIANGLEMLS, MLS#: 10169364
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Location

Listing Courtesy of Raleigh Realty Inc.

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$1,237 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,118

Property Taxes

$119

HOA Dues

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Property Information for 7404 Lake Wheeler Road

Property Details
  • Taxes: $1,429 / year
  • MLS Type: Land / Unimproved Land
  • County: Wake County
  • View: Neighborhood, Trees/Woods
  • View: Yes
  • Subdivision: Not in a Subdivision
Building Information
  • Lot Size: 1.30 AC
Summary
Location and General Information
  • Zoning: R-40W
  • Directions: Take I-40 to Exit 297 (Lake Wheeler Road / NC State Farmers Market). From the exit ramp, turn south onto Lake Wheeler Road, heading away from downtown Raleigh and the Farmers Market. Continue south on Lake Wheeler Road for approximately 1.5 miles, passing through a couple of intersections, and 7404 Lake Wheeler Road will be on your right.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.680747
  • Longitude: -78.700651
  • Road Frontage Type: 2 Lane Road, Public Road
  • Road Surface Type: Unimproved
Taxes and HOA Information
  • Association Fee Includes: None
  • Association: No
  • Tax Annual Amount: $1,429.40
  • City Limits YN: No
  • Lot Number: 4
  • 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 - Yates Mill Elementary
  • Middle Or Junior School: Wake - Dillard Drive Middle
  • High School: Wake - Middle Creek High
Property
Lot Information
  • Lot Features: Cleared, Level, Private
  • Lot Size Dimensions: 1.30
  • Other Structures: Shed(s), Other
  • Parcel Number: 078004828707000 0017926
  • List PriceAcre: 211538.46
  • Road Frontage Length: 123
  • Sold PriceAcre: 169230.77
  • Sold PriceList Price: 0.8
Property and Assessments
  • Photos Count: 16
  • Possible Use: Manufactured Home, Single Family
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Residential, Single Family
  • Senior Community: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Septic Connected
  • Water Source: Private, Well
  • Water_Sewer: Private, Well, Septic Tank, Electricity Connected, Septic Connected
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Private: No
Interior Features
  • Interior: Electricity Connected, Septic Connected
  • Additional Equipment: None
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 7404 Lake Wheeler Road

DateEvent & SourcePriceAppreciation
Aug 21, 2026

Sold

TRIANGLEMLS #10169364

$220,000—
Jul 24, 2026

Pending

TRIANGLEMLS #10169364

—
May 22, 2026

Listed (Active)

TRIANGLEMLS #10169364

$275,000—
DateEvent & SourcePrice
08/21/2026

Sold

TRIANGLEMLS #10169364

$220,000
07/24/2026

Pending

TRIANGLEMLS #10169364

—
05/22/2026

Listed (Active)

TRIANGLEMLS #10169364

$275,000

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

Public Records for 7404 Lake Wheeler Road

Taxable ValueLand$145,200Additions$75,156Total$220,356
Tax Record2025$1,429 ($119 / month)
Home Facts
Beds0Baths1Total Finished SqFt780 SqFtAbove Grade Finished SqFt780 SqFtStories1Lot Size56,628 SqFtStyleSingle Family ResidenceYear Built1930Year Renovated1960ZoningR-40WCountyWAKEAPN0780.04-82-8707 0017926Fireplace TypeHas Fireplace

Schools near 7404 Lake Wheeler Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Yates Mill Elementary
Public - PK to 5
Dillard Drive Middle
Public - 6 to 8
Middle Creek High
Public - 9 to 12
SCORE Academy
Public - 9 to 12
Rating
School
Distance
Yates Mill Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Middle Creek 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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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 Raleigh Realty Inc.

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