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Residential Land for Sale in Raleigh, North Carolina
611 Powell Dr, Raleigh, NC 27606
$5,750,000
5.85 acres
Active
$250k drop
Est $39,985/moOne of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites. Zoned R4 see Raleigh UDO for minimum lot requirements. Raleigh UDO: The lot being sold is approximately 985ft x 252ft. The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k. Homes are of no value and both parcels of 611 and 613 Powell will ONLY be sold together. Total acreage is 5.85ac Cameras onsite, please do not walk property without an appointment.
Location
- Street address
- 611 Powell Dr
- County
- Wake County
- Elevation
- 453 feet
Property details
- Acreage
- 5.85 acres
- Zoning
- R4
- MLS #
- DMLS 10074150
- Posted
Property taxes
- 2024
- $8,870 - Lo3 Deboy Land
Parcels
- 0784507134
Details and features
Listing
- Type
- Land
Lot
- Vegetation
- Partially Wooded
- Features
- City Lot, Gentle Sloping, Hardwood Trees, Near Public Transit, Partially Cleared, Split Possible
Structure
- Water
- Public
- Sewer
- Public Sewer
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Water | Public | Available | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Wake County Schools | Elementary | — | — |
| Wake County Schools | Middle | — | — |
| Wake County Schools | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 26, 2025 | Price drop | $5,750,000 | $250,000 -4.2% | DMLS |
| Feb 1, 2025 | New listing | $6,000,000 | — | DMLS |
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