611 Powell Drive

Raleigh, NC 27606

$5,750,000
Price
263,102 / 6.04
Lot Size / Acres

Description

PRIME Residential Development Opportunity! 6.04 acres currently zoned R-4 and located within a Transit Overlay District providing flexibility on minimum lot sizes. Minutes away from I440, I40 and US1 with easy access to RDU Airport, area colleges, NC State Fair Grounds and PNC Arena. Powell Dr. offers public water, sewer, Go Raleigh 11L Bus route, BikeRaleigh route, sidewalks and a short walk to Powell Park. New construction on Powell Dr. is ranging between $600 - $700K on lots .12 acres and less....PRIME Residential Development Opportunity! 6.04 acres currently zoned R-4 and located within a Transit Overlay District providing flexibility on minimum lot sizes. Minutes away from I440, I40 and US1 with easy access to RDU Airport, area colleges, NC State Fair Grounds and PNC Arena. Powell Dr. offers public water, sewer, Go Raleigh 11L Bus route, BikeRaleigh route, sidewalks and a short walk to Powell Park. New construction on Powell Dr. is ranging between $600 - $700K on lots .12 acres and less. Convenient to RTP, Cary, Morrisville, Apex, and Garner.
  1. Listed by Audrey Ray • Northside Realty Inc.
  2. Listed by Elizabeth Stitt • Northside Realty Inc.

Property Details for 611 Powell Drive

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 10/18/2024 09:56 AM

Property Details for 611 Powell Drive

StatusActive
MLS #2534503
Days on Market420
Taxes$8,342 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size6.04 AC
CountyWake County

Building Information for 611 Powell Drive

Lot Size6.04 AC

Property Information for 611 Powell Drive

Summary
Location and General Information
  • Zoning: R-4
  • Directions: From Western Blvd, Left on Powell Dr
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.783453
  • Longitude: -78.712398
  • Road Frontage Type: State Road, 2 Lane Road, Public Road
  • Road Surface Type: Paved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $8,342.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 3
  • Restrictive Covenants YN: No
Contract Information
  • Original Listing ID: 2534503
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Property
Lot Information
  • Lot Features: Sloped
  • Lot Size Dimensions: 258 x 1020 x 258 x 1020
  • Vegetation: Wooded Description: Hardwoods
  • List PriceAcre: 951986.75
  • Road Frontage Length: 258
Property and Assessments
  • Photos Count: 3
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Unimproved, Vacant
Utilities
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public, Well
  • Water_Sewer: Public, Well, Public Sewer, Septic Tank, Electricity Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Electricity Available
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 611 Powell Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 611 Powell Drive

Taxable ValueLand$882,000Additions$136,990Total$1,018,990
Tax Record2024$8,870 ($739 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,090 SqFtAbove Grade Finished SqFt1,090 SqFtStories1Lot Size240,887 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated1970ZoningR-4CountyWAKEAPN0784.19-50-7134 0058663Fireplace TypeHas Fireplace

Schools near 611 Powell Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Adams Elementary
PublicPK to 5

Lufkin Road Middle
Public6 to 8

Athens Drive High
Public9 to 12

Mount Vernon
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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611 Powell Drive is a 6.04 ac of land for sale in Raleigh, NC 27606. This property was listed for sale on September 28, 2023 by Northside Realty Inc., it's currently listed at $5,750,000. This listing's school district is Wake County School District. Nearby schools include Adams Elementary, Lufkin Road Middle and Athens Drive High. 611 Powell Drive is a 0-bed, 0-bath, 6.04 ac of land on a 263,102 sq. ft. / 6.04 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northside Realty Inc.

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