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Single-Family Residential Land Lot
For Sale
$275,000
Pending

5305 Panther Creek Drive, Raleigh, NC 27603

LAND - Raleigh, NC

Property SizeContact for details
Lot Size6.10 Acres
Days on Market93

Property Features for 5305 Panther Creek Drive

General Information

Property type Land
Property subtype Other
Zoning R-30
Vegetation Heavily Wooded, Wooded
Subdivision Not in a Subdivision
Elementary school Wake - Rand Road Elementary
Middle school Wake - North Garner Middle
High school Wake - South Garner High
Standard status Pending
APN 0698959035
Lot size 6.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description BM2026 -00363
Tax Annual Amount 1427
Legal Description BM2026 -00363

Utilities

Sewer type Septic Needed
Listing Agency: Carolina Forestry & Realty
Listed By: Rodney Finkbiner · License #185691
Added: May 21 Changed: Aug 1 Last Checked: Aug 21 at 2:06AM
MLS# 10169286

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.

This 6.1-acre residential lot is described as having soils suitable for a septic system and water provided by Aqua. The property includes mature hardwoods and pines and is accessed via a short, paved private access easement. Public remarks also note minimal covenants and no HOA.

The lot is reached by driving through Kings Ridge subdivision, though it is not part of that subdivision. The covenants permit single-family residential use along with forestry and agriculture, with stick-built or off-frame modular homes and a 2,200-square-foot minimum size.

The property contains two streams and includes some floodplain along the western boundary. It is located a short distance to the southern outer beltline, Highway 401, Wake Tech, and Costco, with distances noted to Interstate 540, downtown Raleigh, and Apex. An additional 1.1-acre lot is available separately (MLS 10169295).

Key Highlights

  • Large 6.1 acre lot suitable for septic system.
  • Convenient location near outer beltline, Highway 401, Wake Tech, and Costco.
  • No HOA and minimal covenants allowing for single‑family residential, forestry, and agriculture use.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

32
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
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?
Residential land & home lot - 6.1-acre lot with septic-suitable soils, water from Aqua, and access via a short paved private easement.
Where is this residential land & home lot located?
The property is located at 5305 Panther Creek Drive 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: Large 6.1 acre lot suitable for septic system.; Convenient location near outer beltline, Highway 401, Wake Tech, and Costco.; No HOA and minimal covenants allowing for single‑family residential, forestry, and agriculture use.
More about this property
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