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Waterfront Land at Watkins Pond
For Sale
$275,000

4505 Mitchell Mill Road, Wake Forest, NC 27587

Land, Wake Forest, NC

Property SizeContact for details
Lot Size37.02 Acres
Days on Market519

Property Features for 4505 Mitchell Mill Road

General Information

Property type Land
Property subtype Other
Vegetation Wooded
Subdivision Not in a Subdivision
Lot features Flood Plains, Waterfront, Pond on Lot
Elementary school Wake County Schools
Middle school Wake County Schools
High school Wake County Schools
Standard status Active
Lot size 37.02 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Watkins Pond Pin 1757065456
Tax Annual Amount 854
Legal Description Watkins Pond Pin 1757065456

Utilities

Sewer type Public Sewer
Listing Agency: Coldwell Banker HPW · Coldwell Banker Real Estate
Listed By: Floyd Barco · License #321121
Added: Mar 21, 2025 Changed: Aug 19 Last Checked: Aug 21 at 2:06AM
MLS# 10084045

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Watkins Pond comprises 37.02 acres assembled from three properties: 1.86 acres at 4501 Mitchell Mill Road, 25 acres at 4505 Mitchell Mill Road, and 10.16 acres at 0 Stells Road. The waterfront tract combines wooded areas, open space, and a pond environment suited to outdoor recreation, including boating, fishing, and camping. Public sewer is identified for the property, and the setting supports observation of wildlife such as bald eagles and great blue herons.

The land is located along Mitchell Mill Road in Wake Forest, with proximity to Rolesville, Wake Forest, and Raleigh. The offering includes all three parcels, providing one contiguous recreational land opportunity centered on Watkins Pond.

Key Highlights

  • 37.02‑acre waterfront land offering centered on Watkins Pond
  • Three properties sold together: 1.86 acres, 25 acres, and 10.16 acres
  • Parcel addresses include 4501 Mitchell Mill Road, 4505 Mitchell Mill Road, and 0 Stells Road

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office Kitchen & Bath Showroom Plumbing Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 27587, NC

76,647
Population
30,571
Households
2.5
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
729
Density / Sq Mi
$125,607
Median Household Income
$59,006
Median Earnings
$1,415
Median Rent
$452,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Wooded and open acreage with public sewer and opportunities for boating, fishing, camping, and wildlife observation.
Where is this waterfront land located?
The property is located at 4505 Mitchell Mill Road Wake Forest, NC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 37.02‑acre waterfront land offering centered on Watkins Pond; Three properties sold together: 1.86 acres, 25 acres, and 10.16 acres; Parcel addresses include 4501 Mitchell Mill Road, 4505 Mitchell Mill Road, and 0 Stells Road
More about this property
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