$1,070,000
$91K PRICE DROP

447 Luther Rd Apex, NC 27523

Estimated payment $6,389/month

Total Views 4,014
11 Acres
$100,469 Price per Acre
463,914 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Partially Wooded Lot
  • No HOA
  • North Chatham Elementary School Rated A-

About This Lot

Discover a rare opportunity to own 10.65 secluded and private acres just half a mile from beautiful Jordan Lake, with no HOA restrictions. This exceptional property is adjacent to protected NC Gamelands, ensuring privacy and that the surrounding land will remain undeveloped. Formerly home to pine trees harvested 25 years ago, the land is ready for your vision. Surrounded by estate homes on similar 10-acre tracts, the area offers tranquility with no further subdivisions planned nearby. Outdoor enthusiasts will love the proximity to Crosswinds Marina and Farrington Point Boat Launch, both just 3 miles away. Whether you're dreaming of building an estate home, creating a horse property, or adding a private pond, the possibilities are endless. The property is unimproved aside from underground electric available at the corner.
Note: The house visible in some photos is not part of the property. Don't miss this unique opportunity to build your dream retreat near Jordan Lake!

Listing Agent

Mike Montpetit

Town & Country Realty, Inc. License #181906 Listed on: 05/22/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,692

Lot Details

  • 10.65 Acre Lot
  • Lot Dimensions are 372.4 x 469.74 x 417.86 x 35.14 x 342 x 890.63
  • Partially Wooded Lot

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0062075

Property Details

Property Type

Land

Est. Annual Taxes

$6,692

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 372.4 x 469.74 x 417.86 x 35.14 x 342 x 890.63
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Water Source Need Well: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 463914.0
  • General Property Information Lot Size Acres: 10.65
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 10.65

Utilities

  • Utilities: Other
  • Water Source: Need Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Lot Dimensions: 372.4 x 469.74 x 417.86 x 35.14 x 342 x 890.63
  • Lot Size Sq Ft: 463914.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0062075

Tax Info

  • Tax Annual Amount: 6691.68
  • Tax Year: 2025

MLS Schools

  • Elementary School: Chatham - N Chatham

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,829 $784,488 $517,375 $267,113
2023 $6,829 $784,488 $517,375 $267,113
2022 $6,268 $784,488 $517,375 $267,113
2021 $6,189 $784,488 $517,375 $267,113
2020 $3,085 $380,523 $236,502 $144,021
2019 $3,057 $376,829 $236,502 $140,327
2018 $2,882 $376,829 $236,502 $140,327
2017 $2,878 $376,607 $236,502 $140,105
2016 $2,842 $368,723 $225,240 $143,483
2015 $2,798 $368,723 $225,240 $143,483
2014 $2,743 $368,723 $225,240 $143,483
2013 -- $368,723 $225,240 $143,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $1,070,000 -7.8% --
05/22/2025 05/22/25 For Sale $1,160,850 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,200 New Conventional
Closed $150,000 Credit Line Revolving
Closed $211,000 New Conventional
Closed $126,000 Credit Line Revolving
Closed $225,000 Unknown
Source: Public Records

Source: Doorify MLS

MLS Number: 10098025

Doorify MLS

APN: 62075