Waterfront

Wake Forest, NC Waterfront Land for Sale

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Watkins Pond Waterfront Land
Updated: Mar 21, 2025
Watkins Pond Waterfront Land

4505 Mitchell Mill Road, Wake Forest, NC 27587

$275,000
37.02 AC lot
Sold together as Watkins Pond totaling 37.02 acres
Includes three parcels: 4501 Mitchell Mill Road (1.86 acres), 4505 Mitchell Mill Road (25 acres), and 0 Stells Road (10.16 acres)
Historic pond within the Watkins Pond property
Public sewer listed for the site
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Wake Forest Recreational Waterfront Land
Updated: Mar 21, 2025
Wake Forest Recreational Waterfront Land

4505 Mitchell Mill, Wake Forest, NC 27587

$275,000
37.02 AC lot
37.02 acres of scenic property including Watkins Pond.
Includes three separate properties being sold together.
Private, wooded, and open space suitable for recreation, relaxation, and enjoying natural beauty.
Central location on Mitchell Mill Road, close to Rolesville, Wake Forest, and Raleigh amenities.
Diverse wildlife habitat, including bald eagles and great blue herons.
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Waterfront Homesite with Septic
Waterfront Homesite with Septic

6109 Riverside, Wake Forest, NC 27587

$850,000

1.5-acre waterfront parcel on the Neuse River with an installed 5-bedroom septic system and well.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Wake Forest, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Waterfront Land with Little River Frontage
Waterfront Land with Little River Frontage

Tarboro Road, Youngsville, NC 27596

$1,500,000
90.38 AC lot

Large parcel with flat topography and frontage on the Little River, with county water available.

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Waterfront Land Parcel with River Frontage
Waterfront Land Parcel with River Frontage

000 Tarboro, Youngsville, NC 27596

$1,500,000
90.00 AC lot

Flat waterfront land in Franklin County with county water available and river frontage, suited for private estate or subdivision concepts.

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Waterfront Residential Land for Two Lots
Waterfront Residential Land for Two Lots

38113815 Yadkin Dr, Raleigh, NC 27609

$1,450,000

Waterfront land offers two approved buildable lots outside the flood hazard boundary with direct Crabtree Creek frontage.

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Waterfront Buildable Land Parcels
Waterfront Buildable Land Parcels

3811+3815 Yadkin Drive, Raleigh, NC 27609

$1,450,000
0.89 AC lot

Wooded lots with approximately 115 feet of direct frontage on Crabtree Creek, approved for two buildable homesites.

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Wake Forest, NC Waterfront Land Market Trends and Statistics

Explore 3 waterfront land for sale in Wake Forest, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,225,183 square feet of properties for sale, with an estimated market value of $1,400,000.

Sale prices for water rights properties in Wake Forest, NC start at $275,000, averaging $466,666, and reaching up to $850,000 — 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 30
Commercial land 15
Agricultural land / Farmland 3
Waterfront Land 3
Recreation land 2

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 $300K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wake County

Residential Income

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