Date
Details
Price
Change
Source
5/22/2026
Listed
$275,000
—
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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1/16
$275,000 Just Listed
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Property Description
Rare opportunity to own approximately 1.30 acres of mostly cleared land in one of the Triangle's most sought-after locations! Situated just off Lake Wheeler Rd. in Raleigh, this property offers the perfect canvas to build your dream home, with the privacy you crave and the convenience you need. Enjoy being minutes from Lake Wheeler, and just around the corner from the exciting new Costco, Starbucks, and Chick-fil-A development coming to the area. Centrally located with easy access to Apex, Cary, and Raleigh, everything the Triangle has to offer is right at your doorstep. No subdivision, no HOA, just wide open space surrounded by mature privacy trees. A septic is already in place, giving your future build a head start. Don't miss this rare find in a truly dream location!
Full Property Details
Full Property Details for 7404 Lake Wheeler Rd
General
- Price: $275,000
- Taxes: $1,429
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10169364
- Updated: 5/23/2026
- Added to Site: 4 day(s) ago
Additional Information
- Shared Amenities: None
Location
- County: Wake
- Subdivision: Not in a Subdivision
- Driving Directions: Take I-40 to Exit 297 (Lake Wheeler Road / NC State Farmers Market). From the exit ramp, turn south onto Lake Wheeler Road, heading away from downtown Raleigh and the Farmers Market. Continue south on Lake Wheeler Road for approximately 1.5 miles, passing through a couple of intersections, and 7404 Lake Wheeler Road will be on your right.
School Information
- Elementary School: Wake - Yates Mill
- Middle School: Wake - Dillard
- High School: Wake - Middle Creek
Community
- Assoc. Fees Include: None
Utilities
- Sewer: Septic Tank
- Water: Private, Well
- Utility Description: Electricity Connected, Septic Connected
Structural Information
- Current Bldg. Use: Residential, Single Family
Additional Structures
- Other Structures: Shed(s), Other
Lot Features
- Property View: Neighborhood, Trees/Woods
- Lot Size (Acres): 1.3
- Lot Size (Sq. Ft.): 56,628
- Lot Dimensions: 1.3
- Frontage: 2 Lane Road, Public Road
- Street/Road Desc.: Unimproved
- Fence: Yes
- Lot Features: Cleared, Level, Private
- Best Use: Manufactured Home, Single Family
- Zoning: R-40W
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $211,538.46
- Tax Amount: $1,429.4
Disclosures and Reports
- Special Conditions: Real Estate Owned
- Bank-owned: Yes
- Property ID: 078004828707000 0017926
- Lot Number: 4
Listed by Raleigh Realty Inc., Thania Castro Fierro (919) 884-5770
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 7404 Lake Wheeler Rd —
Thania Castro Fierro
Raleigh Realty Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 7404 Lake Wheeler Rd
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Yates Mill Elementary 5993 Yates Mill Pond Road, Raleigh, NC 27606 | PK-5 | 4.2 mi |
Dillard Drive Middle 5200 Dillard Drive, Raleigh, NC 27606 | 6-8 | 5.1 mi |
Middle Creek High 123 Middle Creek Park Avenue, Apex, NC 27539 | 9-12 | 3.5 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 7404 Lake Wheeler Rd
Tax History
Tax History for 7404 Lake Wheeler Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,429
100%
$220,356
—
2024
-100%
$220,356
43%
2023
$696
-38%
$153,613
—
2022
$1,129
3%
$153,613
—
2021
$1,099
100%
$153,613
—
2020
-100%
$153,613
19%
2018
$991
-8%
$129,429
—
2019
$1,077
15%
$129,429
—
2017
$940
2%
$129,429
—
2016
$921
1%
$129,429
1%
2015
$909
5%
$128,006
—
2014
$862
7%
$128,006
—
2013
$806
—
$128,006
—
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 7404 Lake Wheeler Rd
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7404 Lake Wheeler Road, Raleigh, NC 27603 (MLS# 10169364) is a Lots/Land property with a lot size of 1.3 acres. 7404 Lake Wheeler Road is currently listed for $275,000 and was received on May 22, 2026. Want to learn more about 7404 Lake Wheeler 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.