$500,000
$50K PRICE DROP

Estimated payment $2,846/month

Total Views 140,046
0.39 Acre
$1,282,051 Price per Acre
16,988 Sq Ft Lot

Highlights

  • Wooded Lot
  • No HOA
  • Brush Vegetation
  • Reedy Creek Magnet Middle School Rated A

About This Lot

Discover a prime investment opportunity at 517 Sorrell St, a beautiful 0.39-acre plot of land situated within the Maynard Loop in Cary, NC. This fantastic location offers unparalleled convenience to downtown Cary, I-40, Amtrak and RDU Airport, making it an ideal spot for both residential development and future growth.The lot features a generous depth, allowing for a spacious backyard oasis while maintaining proximity to the vibrant downtown area and its amenities. The current zoning allows for the potential construction of single-family homes or a duplex, making it a versatile option for builders and investors alike. Additionally, there are two adjacent properties currently for sale: 511 Sorrell St at $550K and 519 Sorrell St at $600K, providing an excellent opportunity for collective development or larger investment projects. Don't miss out on this promising parcel of land in one of Cary's most sought-after locations! Whether you're looking to invest in your future or develop a dream property, 517 Sorrell St is the perfect canvas for your vision!

Listing Agent

Leslie Douglas

The Douglas Realty Group License #256873 Listed on: 05/17/2025

Co-Listing Agent

Chris Evans

Compass -- Cary License #317044

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,472

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 45x349x51x364
  • Brush Vegetation
  • Wooded Lot

Schools

  • Kingswood Elementary School
  • Reedy Creek Middle School
  • Cary High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0764748251

Property Details

Property Type

Land

Est. Annual Taxes

$2,472

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Phone: 919-377-8423
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 45x349x51x364
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Discover a prime investment opportunity at 517 Sorrell St, a beautiful 0.39-acre plot of land situated within the Maynard Loop in Cary, NC. This fantastic location offers unparalleled convenience to downtown Cary, I-40, Amtrak and RDU Airport, making it an ideal spot for both residential development and future growth.The lot features a generous depth, allowing for a spacious backyard oasis while maintaining proximity to the vibrant downtown area and its amenities. The current zoning allows for the potential construction of single-family homes or a duplex, making it a versatile option for builders and investors alike. Additionally, there are two adjacent properties currently for sale: 511 Sorrell St at $550K and 519 Sorrell St at $600K, providing an excellent opportunity for collective development or larger investment projects. Don't miss out on this promising parcel of land in one of Cary's most sought-after locations! Whether you're looking to invest in your future or develop a dream property, 517 Sorrell St is the perfect canvas for your vision!
  • Vegetation Wooded2: Yes
  • Utilities Water Connected: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Vegetation Brush: Yes
  • Utilities Cable Connected: Yes
  • General Property Information Lot Size Square Feet2: 16988.4
  • General Property Information Lot Size Acres: 0.39
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.39

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Cary
  • Middle Or Junior School: Wake - Reedy Creek

Lot Info

  • Lot Dimensions: 45x349x51x364
  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 0764748251

Tax Info

  • Tax Annual Amount: 2472.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Kingswood

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $2,526 $292,400 $196,000 $96,400
2024 $2,472 $292,400 $196,000 $96,400
2023 $1,645 $162,174 $98,000 $64,174
2022 $802 $162,174 $98,000 $64,174
2021 $786 $162,174 $98,000 $64,174
2020 $790 $162,174 $98,000 $64,174
2019 $658 $119,249 $70,000 $49,249
2018 $619 $119,249 $70,000 $49,249
2017 $595 $119,249 $70,000 $49,249
2016 $587 $119,249 $70,000 $49,249
2015 $606 $119,058 $84,000 $35,058
2014 $572 $119,058 $84,000 $35,058
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2025 08/17/25 Price Changed $500,000 -9.1% --
05/17/2025 05/17/25 For Sale $550,000 -- --
Source: Doorify MLS

About the Listing Agent

Leslie Douglas

The Douglas Realty Group

(984) 213-5242

Section Image

Leslie is a Trusted Advisor who can identify problems and quickly find a solution that will work for her clients to help them navigate some of the most crucial financial decisions. Her diverse background in Statistics and years of marketing experience in the advertising world, plus the knowledge of having lived in the Triangle for over 30+ years, allows her to bring a unique blend of abilities to the table for her clients.

Leslie's Other Listings

  • 519 Sorrell St, Cary, NC 27513

    $550,000

    • Land
    • 0.61 Acre
    • $901,639 per Acre
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    • Cary, NC

    **Largest of 3 Opportunities** Discover a prime investment opportunity at 519 Sorrell St, a beautiful 0.61-acre plot of land situated within the Maynard Loop in Cary, NC. This fantastic location offers unparalleled convenience to downtown Cary, I-40, Amtrak, and RDU Airport, making it an ideal spot for both residential development and future growth.The lot features a generous depth, allowing for

    Leslie Douglas The Douglas Realty Group

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  • 511 Sorrell St, Cary, NC 27513

    $500,000

    • Land
    • 0.4 Acre
    • $1,250,000 per Acre
    • 511 Sorrell St
    • Cary, NC

    Discover a prime investment opportunity at 511 Sorrell St, a beautiful 0.4-acre plot of land situated within the Maynard Loop in Cary, NC. This fantastic location offers unparalleled convenience to downtown Cary, I-40, Amtrak, and RDU Airport, making it an ideal spot for both residential development and future growth.The lot features a generous depth, allowing for a spacious backyard oasis while

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    Section Image
  • 102 Rose Valley Woods Dr, Cary, NC 27513

    $630,000

    • 4 Beds
    • 2.5 Baths
    • 2,605 Sq Ft
    • 102 Rose Valley Woods Dr
    • Cary, NC

    Welcome to 102 Rose Valley Woods Drive, a charming, spacious & well maintained home nestled in the desirable Silver Oaks community, close to all kinds of shopping, restaurants & convenient to I-40. This inviting property boasts 2,605 square feet of comfortable living space and is set on a generous 0.22 acre lot. Built in 1994, this home features 4 bedrooms, 2.5 bathrooms, an office & a spacious

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  • 522 Oak Run Dr Unit 87, Raleigh, NC 27606

    $290,000 Pending

    • 3 Beds
    • 3 Baths
    • 1,726 Sq Ft
    • 522 Oak Run Dr
    • Unit 87
    • Raleigh, NC

    Welcome to 522 Oak Run! This spacious 3-bedroom, 3-bath end-unit townhouse with a versatile loft is perfectly located between Downtown Raleigh and Downtown Cary with easy access to I-40, I-440, and Crossroads. Ideal for a roommate setup or multi-generational living, this home offers a flexible floor plan with the primary suite located upstairs or downstairs to fit your lifestyle. The kitchen

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  • 3516 Cider Cove, Apex, NC 27502

    $685,000

    • 5 Beds
    • 3 Baths
    • 2,781 Sq Ft
    • 3516 Cider Cove
    • Apex, NC

    Welcome to Your Apex Dream Home! Discover the perfect blend of luxury, comfort, and convenience in this stunning home, ideally situated on a tranquil cul-de-sac just minutes from US-1, 540, Beaver Creek Shopping, and Jordan Lake. Step inside to an open, light-filled floor plan designed for today's lifestyle. The gourmet kitchen is a showstopper, featuring quartz countertops, a gas cooktop,

    Leslie Douglas The Douglas Realty Group

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  • 102 Stagville Ct, Cary, NC 27519

    $770,000 Sold May 30, 2025

    • 4 Beds
    • 2.5 Baths
    • 2,894 Sq Ft
    • 102 Stagville Ct
    • Cary, NC

    Welcome Home to 102 Stagville Ct., a charming 4-bedroom, 2.5-bathroom home nestled in a peaceful cul-de-sac in Cary, NC. This delightful property, maintained by the original owners, offers a perfect blend of comfort and convenience in a prime location. As you enter, you'll immediately notice the stunning views from the back windows, overlooking a picturesque 11-acre farm where horses graze daily.

    Leslie Douglas The Douglas Realty Group

  • 2121 Oberlin Village Dr Unit 103, Raleigh, NC 27605

    $1,495,000 Sold Dec 30, 2024

    • 3 Beds
    • 3.5 Baths
    • 2,747 Sq Ft
    • 2121 Oberlin Village Dr
    • Unit 103
    • Raleigh, NC

    **Luxury Living in the Heart of Downtown Raleigh** Experience the epitome of executive luxury living in this stunning property located in the vibrant Village District. With seamless access to Wade Avenue, this residence combines sophistication and urban charm, placing all the benefits of city living at your fingertips. Just steps away from an array of boutique shops and diverse dining options,

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  • 4132 Mountainbrook Rd, Apex, NC 27539

    $677,500 Sold Oct 10, 2025

    • 4 Beds
    • 2.5 Baths
    • 3,021 Sq Ft
    • 4132 Mountainbrook Rd
    • Apex, NC

    Privacy and seclusion on a 2.79-acre wooded lot, this stunning 2018 custom-built home combines the serenity of a private retreat with the convenience of a prime Apex/Cary location. Just minutes from shopping, schools, Crowder Park, Koka Booth Amphitheater, and the new 540 access—yet with no city taxes or HOA—you'll enjoy the best of both worlds. Step inside to an expansive open floor plan

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  • 6105 Splitrock Trail, Apex, NC 27539

    $700,000 Sold May 13, 2025

    • 4 Beds
    • 2.5 Baths
    • 2,689 Sq Ft
    • 6105 Splitrock Trail
    • Apex, NC

    Discover your private oasis at 6105 Splitrock Trail, an incredible home nestled on a stunning 1.31-acre wooded lot in the sought-after Lynnhaven neighborhood of Apex. This property boasts an outstanding blend of tranquility and convenience, with excellent schools, no HOA dues, and no city taxes! Recent updates include new siding and windows added in 2021, ensuring both beauty and energy

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Source: Doorify MLS

MLS Number: 10097028

Doorify MLS

APN: 0764.16-74-8251-000