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205 Ralph Dr - Ray Land 20.54 Acres of Residential Land Offered at $1,550,000 in Wake Forest, NC 27587

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INVESTMENT HIGHLIGHTS

  • Great Wake Forest location very near the downtown.

EXECUTIVE SUMMARY

Rare assemblage of acreage (14+ parcels) located just off N Main St and very close to the Wake Forest Historic District and shopping and dining in the popular Wake Forest Downtown. Approximately 20.54 acres in total with a portion of the land and access (Lake Forest Dr and Ralph Dr) adjoining and stubbed from approved Kinsley Subdivision. Varying topography with several lots being well suited for walkout basements and others mostly flat. Mature forests with natural views and a small creek buffering the rear of the property. Whether you're looking to develop a small subdivision near the Downtown, or wanting your own family farm or compound, this could be the property for you. Call listing agent for additional details and information on additional lots/acreage.

PROPERTY FACTS

Price $1,550,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 20.54 AC
No. Stories 1
Zoning FCO R-30

1 LOT AVAILABLE

Lot

Price $1,550,000
Price Per AC $75,462.51
Lot Size 20.54 AC

Rare assemblage of acreage (14+ parcels) located just off N Main St and very close to the Wake Forest Historic District and shopping and dining in the popular Wake Forest Downtown.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 006119
  • 037103
  • 032206
  • 006120
  • 041870
  • 041869
  • 041871
Land Assessment
$230,870
Improvements Assessment
$0
Total Assessment
$230,870
  • Listing ID: 38948837

  • Date on Market: 1/2/2026

  • Last Updated:

  • Address: 205 Ralph Dr, Wake Forest, NC 27587

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