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Land for Sale in Wake Forest, North Carolina

Ralph Dr, Wake Forest, NC 27587

$1,150,000
19.7 acres
Active sale
$400k drop
Est $8,262/mo

Reduced!! Rare assemblage of lots/acreage located off N Main St and very close to the Wake Forest Historic District and shopping and dining in the popular Wake Forest Downtown. Multiple lots, nearly 20 acres in total with a portion of the land and access (Lake Forest Dr and Ralph Dr) adjoining approved future Kinsley Subdivision. Varying topography with several lots being well suited for walkout basements and others mostly flat. Mature forests with natural views and a small creek buffering the rear of the property. Whether you're looking to develop a small subdivision near the Downtown, or wanting your own family farm or family compound, this could be the property for you. Call listing agent for additional details and information on additional lots/acreage.

Location

Street address
Ralph Dr
Zip code
27587
Elevation
400 feet
Coordinates
36.0039, -78.4961

Property details

Acreage
19.74 acres
Zoning
R-30
MLS #
DMLS 10105595
Posted

Property taxes

2024
$5,530

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Brush, Grassed, Heavily Wooded, Wooded

Structure

Water
Public
Sewer
Septic Needed

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
Franklin - Youngsville ElementaryElementary
Franklin - Cedar Creek MiddleMiddle
Franklin - Franklinton HighHigh

Listing history

DateEventPriceChangeSource
Aug 24, 2026Price drop$1,150,000$400,000 -25.8%DMLS
June 26, 2025New listing$1,550,000DMLS
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This 19.74-acre property is located at Ralph Dr in Wake Forest, NC 27587. The land is available for sale, priced at $1,150,000 — $58,257 per acre.

Listed by Golden Realty, (919) 830-2974

Checked 2 hours agoUpdated Source

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