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$500,000

  • For Sale
  • Active
  • Lots/Land
  • 1.15 Acres
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1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.

Full Property Details for 1513 Cole Mill Rd

General

  • Price: $500,000
  • Taxes: $6,010
  • Status: Active
  • Type: Lots/Land
  • Source: 2218
  • MLS ID: 10148593
  • Updated: 7/17/2026
  • Added to Site: 178 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Location

  • County: Durham
  • Subdivision: Not in a Subdivision
  • Driving Directions: Take Cole Mill Road north from I-85. The properties at 1513, 1515, and 1519 Cole Mill Road will be on your left, just past the entrance to Croasdaile Country Club.
  • City Limits: Yes

School Information

  • Elementary School: Durham - Hillandale Elementary
  • Middle School: Durham - George L Carrington Middle
  • High School: Durham - Riverside High

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Lot Features

  • Lot Size (Acres): 1.15
  • Lot Size (Sq. Ft.): 50,094
  • Lot Dimensions: 150 x 235
  • Frontage: 4 Lane Road, Public Road
  • Street/Road Desc.: Asphalt
  • Zoning: R-20

Financial Considerations

  • Price Per Acre: $434,782.61
  • Tax Amount: $6,010.45

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 174265
  • Lot Number: 21

Listed by Deaton Investment Real Estate, Thomas Furlow (919) 412-3913

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Listing agent

— 1513 Cole Mill Rd —

  • Thomas Furlow

    Deaton Investment Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1513 Cole Mill Rd

School District:Durham Public Schools
NameGradesDistance
Hillandale Elementary, Durham, NC
2730 Hillandale Road, Durham, NC 27705
PK-51.7 mi
George L Carrington Middle
227 Milton Road, Durham, NC 27712
6-84 mi
Riverside High School, Durham, NC
3218 Rose of Sharon Road, Durham, NC 27712
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1513 Cole Mill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$500,000
-9.09%
MLS
2/25/2026
Listed
$550,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1513 Cole Mill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,514
78%
$253,599
151%
2024
$1,411
6%
$101,120
—
2023
$1,325
2%
$101,120
—
2022
$1,294
—
$101,120
—
2021
$1,288
2%
$101,120
—
2020
$1,258
-2%
$101,120
7%
2018
$1,278
1%
$94,215
—
2017
$1,269
4%
$94,215
—
2016
$1,226
29%
$94,215
38%
2015
$947
—
$68,416
—
2014
$947
3%
$68,416
—
2013
$918
—
$68,416
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Deaton Investment Real Estate, Thomas Furlow (919) 412-3913

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1513 Cole Mill Road, Durham, NC 27705 (MLS# 10148593) is a Lots/Land property with a lot size of 1.15 acres. 1513 Cole Mill Road is currently listed for $500,000 and was received on February 25, 2026. Want to learn more about 1513 Cole Mill Road? Do you have questions about finding other Lots/Land real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

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