Date
Details
Price
Change
Source
3/19/2026
Listed
$180,000
—
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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$180,000
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Property Description
Rare chance to own two neighboring parcels totaling over half an acre in a high-demand Triangle location. 5505 Old Spring Dr (.4 acre) is being sold together with the neighboring lot 5801 Heritage Springs Dr (.27 acre). Ideally situated just off Yates Mill Pond Road, you are minutes from the scenic Historic Yates Mill County Park and Lake Wheeler. Be in Downtown Raleigh or Downtown Cary in 15 mins, and only 20 minutes to RDU International Airport. Whether you choose to update the existing structure or explore a custom build-to-suit, this location offers the perfect balance of nature and urban convenience.
Full Property Details
Full Property Details for 5505 Old Spring Dr
General
- Price: $180,000
- Taxes: $447
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10163724
- Updated: 5/13/2026
- Added to Site: 56 day(s) ago
Location
- County: Wake
- Subdivision: Heritage Spring Acres
- Driving Directions: From RDU - Follow I-40 East for approximately 11 miles, then take exit 293 to merge onto I-440 East/US-1 South/US-64 West toward Sanford/Cary. Continue for roughly 3 miles and take exit 98A for US-401 South/Tryon Road. Turn right onto SE Tryon Road and follow it for about 2 miles before turning left onto Lake Wheeler Road. Shortly after, turn right onto Simpkins Road, then make another right onto Old Spring Drive. The destination will be on your left.
School Information
- Elementary School: Wake County Schools
- Middle School: Wake County Schools
- High School: Wake County Schools
Utilities
- Sewer: Septic Needed
- Water: Public
- Utility Description: Electricity Available
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Dimensions: New Survey Needed
- Frontage: Private Road
- Street/Road Desc.: Dirt, Gravel
- Zoning: R-40W
Financial Considerations
- Price Per Acre: $450,000
- Tax Amount: $447.72
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 078102752872000 0008203
- Lot Number: 33
Listed by Daymark Realty, Misty Gonzalez (859) 753-5670
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 5505 Old Spring Dr —
Misty Gonzalez
Daymark Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5505 Old Spring Dr
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Yates Mill Elementary 5993 Yates Mill Pond Road, Raleigh, NC 27606 | PK-5 | 1.9 mi |
Dillard Drive Middle 5200 Dillard Drive, Raleigh, NC 27606 | 6-8 | 2.7 mi |
Athens Drive High 1420 Athens Drive, Raleigh, NC 27606 | 9-12 | 3.6 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 5505 Old Spring Dr
Tax History
Tax History for 5505 Old Spring Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$448
3%
$70,000
—
2024
$435
133%
$70,000
192%
2023
$187
8%
$24,000
—
2022
$173
2%
$24,000
—
2021
$169
2%
$24,000
—
2020
$166
-8%
$24,000
—
2018
$180
5%
$24,000
—
2017
$171
2%
$24,000
—
2016
$167
-15%
$24,000
—
2019
$196
8%
$24,000
-8%
2015
$181
6%
$26,000
—
2014
$171
7%
$26,000
—
2013
$160
—
$26,000
—
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 5505 Old Spring Dr
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This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
5505 Old Spring Drive, Raleigh, NC 27606 (MLS# 10163724) is a Lots/Land property with a lot size of 0.4 acres. 5505 Old Spring Drive is currently listed for $180,000 and was received on March 19, 2026. Want to learn more about 5505 Old Spring Drive? 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.