518 E Whitaker Mill Road, Raleigh, NC 27608 - Photo 1

1/1

$1,550,000

Sold
Closed
Lots/Land
0.67 Acres
Updated 6 days ago

1/1

Property Description

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. Existing structures remain and convey as-is, where-is. 522 is tenant-occupied - do not disturb.

Full Property Details

Full Property Details for 518 E Whitaker Mill Rd

General

Sold For: $1,550,000
Taxes: $11,734
Status: Closed
Type: Lots/Land
Source: 2218
MLS ID: 10143834
Added to Site: 188 day(s) ago

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 Elementary
Middle School: Wake - Oberlin Middle
High School: Wake - Needham Broughton High

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
Sold by RE/MAX United, Joe Alercia

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Listing agent

— 518 E Whitaker Mill Rd —

Brad Phelps

Long & Foster Real Estate INC/Raleigh

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Schools

Schools serving 518 E Whitaker Mill Rd

School District:Wake County Schools

Name	Grades	Distance
Underwood Elementary 1614 Glenwood Avenue, Raleigh, NC 27608	PK-5	0.8 mi
Oberlin Middle School 2816 Oberlin Road, Raleigh, NC 27608	6-8	1.5 mi
Needham Broughton High 723 Saint Marys Street, Raleigh, NC 27605	9-12	1.6 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 518 E Whitaker Mill Rd

Date

Details

Price

Change

Source

7/30/2026

Sold

$1,550,000

—

MLS

1/30/2026

Listed

$1,550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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518 E Whitaker Mill Road, Raleigh, NC 27608 (MLS# 10143834) is a Lots/Land property that was sold at $1,550,000 on July 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 Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

518 E Whitaker Mill Rd Raleigh, NC 27608