Residential Development Land with Walkout
For Sale
$1,550,000
Ralph Drive, Wake Forest, NC 27587
Land, Wake Forest, NC
Property SizeContact for details
Lot Size20.54 Acres
Days on Market423
Property Features for Ralph Drive
General Information
Property type
Land
Property subtype
Other
Zoning
R-30
Vegetation
Heavily Wooded, Wooded, Brush, Grassed
Subdivision
Not in a Subdivision
Elementary school
Franklin - Youngsville Elementary
Middle school
Franklin - Cedar Creek Middle
High school
Franklin - Franklinton High
Standard status
Active
APN
multiple
Lot size
20.54 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
14 Tax Parcels to Be Sold Together
Tax Annual Amount
5530
Legal Description
14 Tax Parcels to Be Sold Together
Utilities
Utilities
Water Available
Sewer type
Septic Needed
Water source
Public
Listing Agency:
Golden Realty
(919) 605-7892
Listed By:
Man Leete · License #243663
(919) 539-3391
Added: Jun 25, 2025
Changed: Aug 19
Last Checked: Aug 21 at 5:06AM
MLS# 10105595
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.
An approximately 20.54-acre residential development tract consisting of 14+ parcels, offered for sale under R-30 zoning. The property includes varying topography, with several areas that may be suitable for walkout basements and other portions that are mostly flat. Mature forests create a natural setting, and a small creek buffers the rear of the property.
Located just off N Main St and very close to the Wake Forest Historic District, the land is also near shopping and dining in Wake Forest Downtown. A portion of the land and access (Lake Forest Dr and Ralph Dr) adjoin the approved Kinsley Subdivision, supporting continuity with adjacent development.
For developers and builders, this assemblage offers flexibility across multiple lot configurations, including sites that may accommodate walkout designs as well as flatter building locations. For private owners, the wooded character, creek at the rear, and multi-parcel structure can support plans ranging from a small subdivision to a larger family property.
Located just off N Main St and very close to the Wake Forest Historic District, the land is also near shopping and dining in Wake Forest Downtown. A portion of the land and access (Lake Forest Dr and Ralph Dr) adjoin the approved Kinsley Subdivision, supporting continuity with adjacent development.
For developers and builders, this assemblage offers flexibility across multiple lot configurations, including sites that may accommodate walkout designs as well as flatter building locations. For private owners, the wooded character, creek at the rear, and multi-parcel structure can support plans ranging from a small subdivision to a larger family property.
Key Highlights
- Approximately 20.54 acres total made up of 14+ parcels, just off N Main St
- Portion of the land and access (Lake Forest Dr and Ralph Dr) adjoining the approved Kinsley Subdivision
- Varying topography, with some lots suited for walkout basements and others mostly flat
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Multi-parcel acreage with varied topography, mature woods, and a small creek that may support walkout basements.
Where is this residential land & home lot located?
The property is located at Ralph Drive Wake Forest, NC.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Approximately 20.54 acres total made up of 14+ parcels, just off N Main St; Portion of the land and access (Lake Forest Dr and Ralph Dr) adjoining the approved Kinsley Subdivision; Varying topography, with some lots suited for walkout basements and others mostly flat
