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$2,400,000
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Property Description
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
Full Property Details
Full Property Details for 408 Johnston Rd
General
- Price: $2,400,000
- Taxes: $1,835
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10087692
- Updated: 11/22/2025
- Added to Site: 284 day(s) ago
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving 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 in Wake County
School Information
- Elementary School: Wake County Schools
- Middle School: Wake County Schools
- High School: Wake - Garner
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Septic Connected, Water Connected
Structural Information
- Current Bldg. Use: Recreational, Vacant
Additional Structures
- Other Structures: Residence
Lot Features
- Property View: Pond
- Lot Size (Acres): 10
- Lot Size (Sq. Ft.): 435,600
- Lot Dimensions: as per metes and bounds
- Frontage: Public Road
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Cleared, Few Trees, Hardwood Trees, Level, Open Lot, Private, Pond on Lot, Driveway
- Best Use: Development, Mixed Use, Recreational, Single Family
Financial Considerations
- Price Per Acre: $240,000
- Tax Amount: $1,835
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 1617.03308275.000
Listed by eXp Realty, LLC - C, Tammy Register (919) 625-6237
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Schools
Schools serving 408 Johnston Rd
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Bryan Road Elementary 8317 Bryan Road, Garner, NC 27529 | PK-5 | 5.3 mi |
North Garner Middle 720 Powell Drive, Garner, NC 27529 | 6-8 | 8.7 mi |
Garner High 2101 Spring Drive, Garner, NC 27529 | 9-12 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 408 Johnston Rd
Date
Details
Price
Change
Source
5/15/2025
Price Increased
$2,400,000
21.52%
MLS
4/08/2025
Listed
$1,975,000
—
MLS
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
Tax History for 408 Johnston Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,890
3%
$292,418
—
2024
$1,836
-5%
$292,418
19%
2023
$1,939
63%
$246,062
52%
2022
$1,186
3%
$161,429
—
2021
$1,154
2%
$161,429
—
2020
$1,135
-22%
$161,429
-16%
2018
$1,461
5%
$192,063
—
2017
$1,386
-13%
$192,063
—
2019
$1,589
204%
$192,063
—
2016
$522
-5%
$192,063
-2%
2015
$549
5%
$195,243
—
2014
$521
7%
$195,243
—
2013
$488
—
$195,243
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 408 Johnston Rd
408 Johnston Road, Raleigh, NC 27603 (MLS# 10087692) is a Lots/Land property with a lot size of 10 acres. 408 Johnston Road is currently listed for $2,400,000 and was received on April 08, 2025. Want to learn more about 408 Johnston Road? Do you have questions about finding other Lots/Land real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

