Residential Lot Near Highway
For Sale
$150,000
Pending
5301 Panther Creek Drive, Raleigh, NC 27603
1.13 acre lot suitable for residential use.
Property SizeContact for details
Lot Size1.13 Acres
Days on Market92
Property Features for 5301 Panther Creek Drive
General Information
Standard status
Pending
Lot size
1.13 Acres
Property subtype
Land / Unimproved Land
Taxes and HOA fees
Annual Taxes
$397
Amenities
See Remarks
No
Listing Agency:
Carolina Forestry & Realty
(919) 510-4663
Listed By:
Rodney Finkbiner · License #185691
(919) 510-4663
Source:
Compass
Added: May 21
Changed: Aug 8
Last Checked: Aug 8 at 7:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carolina Forestry & Realty
Investment Insights
Based on property information with market context.
This 1.13-acre lot features soils suitable for a septic system and water provided by Aqua. Access is provided by a short, paved private access easement. The lot is characterized by mature hardwoods and pines, and it is subject to minimal covenants without an HOA. Although accessed through the Kings Ridge subdivision, it is not part of it. Homes in Kings Ridge range in price from approximately $650,000 to $800,000. The covenants allow for single-family residential, forestry, and agriculture use with stick-built or off-frame modular homes, requiring a minimum size of 2,200 square feet. The property is conveniently located near the southern outer beltline, Highway 401, Wake Tech, and Costco. It is situated 3 miles from Interstate 540, 11 miles from downtown Raleigh, and 15 miles from Apex. An additional 6.1-acre lot is also available.
Key Highlights
- 1.13 acre lot with septic‑suitable soils and Aqua water service.
- Convenient location: short distance to outer beltline, Highway 401, Wake Tech, and Costco; inform about 3 miles to I‑540, 11 miles to downtown Raleigh.
- Minimal covenants and no HOA, allowing for single‑family residential, forestry, and agriculture.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 27603, NC
54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.13 acre lot suitable for residential use.
Where is this residential land & home lot located?
The property is located at 5301 Panther Creek Drive Raleigh, NC.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1.13 acre lot with septic‑suitable soils and Aqua water service.; Convenient location: short distance to outer beltline, Highway 401, Wake Tech, and Costco; inform about 3 miles to I‑540, 11 miles to downtown Raleigh.; Minimal covenants and no HOA, allowing for single‑family residential, forestry, and agriculture.
