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$1,550,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 0.67 Acres
  • Updated 8 hours ago
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Value is in the land and prime proximity to Five Points. Two parcels offered together for multifamily development. Seller has completed the site permit review process with the City of Raleigh; site plan approved for a 9-unit residential development. Contact listing agent for plans/approvals and additional details. Existing structures remain and convey as-is, where-is. 522 is tenant-occupied - do not disturb.

Full Property Details for 518 E Whitaker Mill Rd

General

  • Price: $1,550,000
  • Taxes: $11,734
  • Status: Active
  • Type: Lots/Land
  • Source: 2218
  • MLS ID: 10143834
  • Updated: Today (1/30/2026)
  • Added to Site: Today

Location

  • County: Wake
  • Subdivision: Not in a Subdivision
  • Driving Directions: From Glenwood Avenue at Five Points, turn left onto Whitaker Mill Road. Continue straight; just past Carson Street, the property will be on the right at 518 & 522 E. Whitaker Mill Road.
  • City Limits: Yes

School Information

  • Elementary School: Wake - Underwood
  • Middle School: Wake - Oberlin
  • High School: Wake - Broughton

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available

Structural Information

  • Current Bldg. Use: Multi-Family, Residential, See Remarks

Additional Structures

  • Other Structures: Outbuilding, Residence

Lot Features

  • Lot Size (Acres): 0.67
  • Lot Size (Sq. Ft.): 29,185.2
  • Lot Dimensions: 151 x 209 x 155 x 184
  • Frontage: Public Road
  • Street/Road Desc.: Asphalt
  • Lot Features: City Lot
  • Best Use: Development, Multi-Family
  • Zoning: R-10

Financial Considerations

  • Price Per Acre: $2,313,432.84
  • Tax Amount: $11,734

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: Real Estate ID #0056636 & #0039331
  • Lot Number: 2225

Listed by Long & Foster Real Estate INC/Raleigh, Brad Phelps (919) 730-1490

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Listing agent

— 518 E Whitaker Mill Rd —

  • Brad Phelps

    Long & Foster Real Estate INC/Raleigh

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 518 E Whitaker Mill Rd

School District:Wake County Schools
NameGradesDistance
Underwood Elementary
1614 Glenwood Avenue, Raleigh, NC 27608
PK-50.8 mi
Oberlin Middle School
2816 Oberlin Road, Raleigh, NC 27608
6-81.5 mi
Needham Broughton High
723 Saint Marys Street, Raleigh, NC 27605
9-121.6 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 518 E Whitaker Mill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/30/2026
Listed
$1,550,000
195.24%
MLS
6/15/2024
Sold
$525,000
—
Public Record
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 518 E Whitaker Mill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,772
—
$544,949
—
2024
$4,753
8%
$544,949
36%
2023
$4,386
8%
$400,514
—
2022
$4,075
4%
$400,514
—
2021
$3,917
2%
$400,514
—
2020
$3,846
9%
$400,514
25%
2018
$3,527
-6%
$320,957
—
2019
$3,740
11%
$320,957
—
2017
$3,359
2%
$320,957
—
2016
$3,290
-12%
$320,957
-11%
2015
$3,739
5%
$359,174
—
2014
$3,546
7%
$359,174
—
2013
$3,312
—
$359,174
—
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.

Estimate the Cost for 518 E Whitaker Mill Rd

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

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with our affiliated lender
NMLS#: 1598647

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Listed by Long & Foster Real Estate INC/Raleigh, Brad Phelps (919) 730-1490

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518 E Whitaker Mill Road, Raleigh, NC 27608 (MLS# 10143834) is a Lots/Land property with a lot size of 0.67 acres. 518 E Whitaker Mill Road is currently listed for $1,550,000 and was received on January 30, 2026. Want to learn more about 518 E Whitaker Mill Road? Do you have questions about finding other Lots/Land real estate for sale in Oberlin Village? You can browse all Oberlin Village real estate or contact a Coldwell Banker agent to request more information.

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