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Residential Lot Near Raleigh
For Sale
$275,000

5305 Panther Creek, Raleigh, NC 27603

6.1 acre lot suitable for residential use near Raleigh.

Property SizeContact for details
Lot Size6.10 Acres
Days on Market149

Property Features for 5305 Panther Creek

General Information

Standard status Active
Lot size 6.10 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,427
Listing Agency: CAROLINA FORESTRY & REALTY
Listed By: RODNEY FINKBINER · License #185691
Source: Corcoran
Added: May 22 Changed: Oct 16 Last Checked: Oct 16 at 9:08AM

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

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Investment Insights

Based on property information with market context.

This 6.1-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 land is characterized by mature hardwoods and pines, with minimal covenants and no HOA. Covenants allow for single-family residential, forestry, and agricultural use, with stick-built or off-frame modular homes, requiring a minimum size of 2,200 square feet. The lot is accessed by driving through Kings Ridge subdivision but is not part of it. Homes in this neighborhood range from approximately $650,000 to $800,000. The property contains two streams and some floodplain along the western boundary. It is located a short distance to the southern outer beltline, Highway 401, Wake Tech, and Costco, 3 miles to Interstate 540, 11 miles to downtown Raleigh, and 15 miles to Apex. An additional 1.1-acre lot is also available.

Key Highlights

  • 6.1 acre lot with septic suitability and Aqua water service.
  • Located near high‑value homes (sales ranging from $650,000 to $800,000).
  • Convenient access to southern outer beltline, Highway 401, Wake Tech, and Costco.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon HVAC Service

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

30
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 6.1 acre lot suitable for residential use near Raleigh.
Where is this residential land & home lot located?
The property is located at 5305 Panther Creek Raleigh, 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: 6.1 acre lot with septic suitability and Aqua water service.; Located near high‑value homes (sales ranging from $650,000 to $800,000).; Convenient access to southern outer beltline, Highway 401, Wake Tech, and Costco.
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