Waterfront

Wake Forest, NC Waterfront Land for Sale

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Watkins Pond Waterfront Land
Updated: Nov 3
Watkins Pond Waterfront Land

4505 Mitchell Mill Road, Wake Forest, NC 27587

$275,000
37.02 AC lot
37.02 acres offered as a three‑parcel assemblage
Pond setting with wooded and open areas
R‑30 zoning and public sewer
Boating, fishing, and camping opportunities
Parcels at 4501 Mitchell Mill Road, 4505 Mitchell Mill Road, and 0 Stells Road
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Recreation Land with Pond
Updated: Nov 4
Recreation Land with Pond

4505 Mitchell Mill Rd, Wake Forest, NC 27587

$275,000
37.02 acres offered together across three parcels
Parcel areas: 1.86 acres, 25 acres, and 10.16 acres
Pond with boating and fishing opportunities
Mix of wooded and open land
Camping identified as an onsite recreational activity
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2 active listings match your search: Waterfront for sale in Wake Forest, NC. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Land, Raleigh, NC
Land, Raleigh, NC

2130 Timberlake Drive, Raleigh, NC 27604

139b57b6-6eb2-4ee5-B0f1-F0ca790baa6a
$105,000
0.62 acres

Waterfront Land · 0.62 Acres

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Land or Vacant Lot
Land or Vacant Lot

2130 Timberlake, Raleigh, NC 27604

Woodcrest
$105,000

Residential land & home lots

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Waterfront Lot with Dock
Waterfront Lot with Dock

143 Sagamore, Louisburg, NC 27549

$147,400

Waterfront .21 acre lot with bulkhead, dock, and shed.

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Waterfront Land
Waterfront Land

122 Sagamore Dr, Louisburg, NC 27549

$49,900

A two-bedroom camper sits on the entrance side of the lake.

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Wake Forest, NC Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Wake Forest, NC on our real estate platform. These investment opportunities span a total of 1,612,591 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for water rights properties in Wake Forest, NC average $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 37
Commercial land 12
Waterfront Land 3
Recreation land 2
Agricultural land / Farmland 1

Demographics Overview

Population 82K
Population Growth (5Y) +23.0%
Median Household Income $125,607
College Educated 39.2%

High-Yield Neighborhoods for Investment

Identify Wake Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27587 $466.7K

Taxes & Financing

Tax Rate (average for all types) 1.05%
Property Tax per SF $9.36 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wake County

New Delisted

Total CRE Inventory on Market (SF)

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