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$625,000
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Property Description
Rare opportunity to own approximately 8.79 acres of private, un-restricted wooded acreage in a highly convenient Raleigh location. Road frontage yet tucked away in a peaceful natural setting, this unique property offers the privacy, space, and flexibility to create a one-of-a-kind custom estate while remaining just minutes from Raleigh, Cary, Apex, major roadways, shopping, dining, and everyday conveniences. The property's mature trees and natural landscape create a serene setting that feels removed from the city while maintaining exceptional access to the Triangle's most desirable destinations. With nearly nine acres to enjoy, this is an ideal opportunity for buyers seeking privacy, room to spread out, and a distinctive setting for a future custom home. Whether envisioned as a private homestead, equestrian estate, nature-oriented retreat, or long-term legacy property, this tract offers a rare combination of acreage, character, and location. Large parcels of this size are increasingly difficult to find in the Raleigh area, particularly those offering such a peaceful setting with convenient access to the surrounding communities. Bring your vision and explore the possibilities this exceptional property has to offer. Buyers are encouraged to conduct their own due diligence regarding permitted uses, building opportunities, septic suitability, environmental features, watershed requirements, and any future development plans. NOTE: This listing is for Second Tract only - see Survey for details.
Full Property Details
Full Property Details for 5101 Olde South Rd
General
- Price: $625,000
- Taxes: $3,489
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10184641
- Updated: 8/6/2026
- Added to Site: 56 day(s) ago
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: From I-40 East, take exit 293 onto US-1 and keep right toward Cary. From Crossroads Blvd take right onto Caitboo Ave, right onto Meeting St, left onto Walnut St. Take left onto Tryon Rd and right onto Yates Mill Pond Rd. Take a slight right turn onto Olde South Rd and property on the left.
School Information
- Elementary School: Wake County Schools
- Middle School: Wake County Schools
- High School: Wake County Schools
Utilities
- Sewer: None
- Water: None
- Utility Description: None
Structural Information
- Current Bldg. Use: Unimproved
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 8.79
- Lot Size (Sq. Ft.): 382,892.4
- Lot Dimensions: 1, 860' x 210'
- Frontage: State Road
- Street/Road Desc.: Paved
- Lot Features: Hardwood Trees, Rectangular Lot, Wooded
- Best Use: Single Family
- Zoning: R-40W
Financial Considerations
- Price Per Acre: $71,103.53
- Tax Amount: $3,489
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 078102565997000 0013118
- Lot Number: 2
Listed by Gorman Residential LLC, Chris Gorman (919) 645-7212
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Schools
Schools serving 5101 Olde South Rd
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Yates Mill Elementary 5993 Yates Mill Pond Road, Raleigh, NC 27606 | PK-5 | 1.5 mi |
Dillard Drive Middle 5200 Dillard Drive, Raleigh, NC 27606 | 6-8 | 2.4 mi |
Athens Drive High 1420 Athens Drive, Raleigh, NC 27606 | 9-12 | 3.4 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 5101 Olde South Rd
Date
Details
Price
Change
Source
8/05/2026
Listed
$625,000
—
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 5101 Olde South Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,672
3%
$1,040,058
—
2024
$6,479
5%
$1,040,058
32%
2023
$6,145
8%
$785,507
—
2022
$5,693
3%
$785,507
—
2021
$5,540
2%
$785,507
—
2020
$5,448
-4%
$785,507
13%
2019
$5,688
9%
$693,998
—
2018
$5,228
6%
$693,998
—
2017
$4,954
2%
$693,998
—
2016
$4,854
24%
$693,998
23%
2015
$3,930
6%
$562,977
—
2014
$3,724
7%
$562,977
—
2013
$3,477
—
$562,977
—
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 5101 Olde South Rd
5101 Olde South Road, Raleigh, NC 27606 (MLS# 10184641) is a Lots/Land property with a lot size of 8.79 acres. 5101 Olde South Road is currently listed for $625,000 and was received on August 05, 2026. Want to learn more about 5101 Olde South 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.

