Recreation

Wake Forest, NC Recreation Land for Sale

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Raleigh, NC Youngsville, NC Rolesville, NC Franklinton, NC Louisburg, NC Zebulon, NC Creedmoor, NC Knightdale, NC
Watkins Pond Scenic Retreat
Updated: Mar 21, 2025
Watkins Pond Scenic Retreat

4505 Mitchell Mill Road, Wake Forest, NC 27587

$325,000
37.02 AC lot
37.02 acres of scenic property including a historic Watkins Pond.
Includes 3 separate properties being sold together.
Private, wooded, and open space suitable for recreation.
Central location on Mitchell Mill Road, close to Rolesville, Wake Forest, and Raleigh.
Diverse wildlife habitat, including bald eagles and great blue herons.
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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

$325,000
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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Agricultural Land Tract
Agricultural Land Tract

Cone Road, Middlesex, NC 27557

$627,200
31.36 AC lot

Agricultural-zoned tract with open pasture and mature trees, offering space for residential, farming, or recreation uses.

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Wooded Mini Farm Land
Wooded Mini Farm Land

Rocky Cross Road lot: 5, Middlesex, NC 27557

$129,000
10.77 AC lot

All-wooded 10+ acre property with marsh land at the rear and access via a private 45' easement.

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Recreation Community Corner Lot
Recreation Community Corner Lot

121 Mustang Drive, Louisburg, NC 27549

$42,000
0.36 AC lot

Corner lot in a gated Lake Royale community with septic on site, water connected, and a wired storage building.

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Recreation Lot in Golf Community
Recreation Lot in Golf Community

212 Sacred Fire Rd, Louisburg, NC 27549

Contact for pricing

Vacant land in Lake Royale’s golf course section, offering access to boating, fishing, and other lake activities.

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Wake Forest, NC Recreation Land Market Trends and Statistics

Explore 2 recreation land for sale in Wake Forest, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for recreation land in Wake Forest, NC start at $325,000, averaging $325,000, and reaching up to $325,000 — 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

Commercial land 13
Residential land & home lots 11
Waterfront Land 2
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 $325K

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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