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Mixed-Use Land for Sale in Raleigh, North Carolina

408 Johnston Rd, Raleigh, NC 27603

$2,400,000
10 acres
Active
Est $16,534/mo

Discover the perfect canvas for your dream luxury estate in an absolutely stunning, one-of-a-kind location. This breathtaking land offers unparalleled beauty and endless possibilities for creating a home that's as extraordinary as you are. Exceptional opportunity with this 10+/- acre parcel on 408 Johnston Road, Raleigh, NC 27603. Nestled in Wake County, the fastest-growing county in NC, this prime lot features a serene man-made pond and is surrounded by luxury neighborhoods. Located less than 1/10 mile from 50/42 and less than 3 miles from I-40, with quick access to the new 540 Triangle Expressway. Zoned HD, this land is suitable for low-density residential, commercial, or special use permits, boasting good soils and multiple perc sites. Enjoy privacy with a mature wooded buffer from Hwy 42 while being minutes away from a new Publix, top Wake County Public Schools, and only 15 minutes to downtown Raleigh. The old farmhouse, previously a hunting/fishing lodge, offers potential for a quick rehab while you build your dream home(s). Ideal for homeowners seeking seclusion with city convenience, developers looking for residential or AirBnB potential, or commercial use. Don't miss this unique opportunity to create your vision in a rapidly growing area

Location

Street address
408 Johnston Rd
Elevation
306 feet
Coordinates
35.591, -78.617

Directions

I-40 E, follow signs for Interstate 40 Take exit 312 for NC-42 toward Clayton/Fuquay-Varina 0.2 mi Take the ramp onto NC-42 W 410 ft Follow NC-42 W to Johnston Rd

Property details

Acreage
10 acres
Zoning
HD
MLS #
HMLS 100501768
Posted

Property taxes

2024
$1,836

Parcels

  • 161703308275000 0206701

Legal description

Details and features

Listing

Type
Land

Lot

Features
Open Lot, Pond On Lot

Structure

Water
Public
Sewer
Septic Tank

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
WileyElementary
Wake CountyMiddle
WakeHigh

Listing history

DateEventPriceChangeSource
Feb 6, 2026Back on market$2,400,000HMLS
Feb 2, 2026Under contract$2,400,000HMLS
Nov 23, 2025Back on market$2,400,000DMLS
Nov 18, 2025Under contract$2,400,000DMLS
May 15, 2025Price increase$2,400,000$425,000 21.5%DMLS
Apr 10, 2025New listing$1,975,000DMLS
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This 10-acre property is located at 408 Johnston Rd in Raleigh, NC 27603. The property is available for sale for $2,400,000 with a price per acre of $240,000.

Checked 2 hours ago — Updated

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