$1,550,000
PENDING

518 E Whitaker Mill Rd Raleigh, NC 27608

Hi-mount Neighborhood

Estimated payment $9,043/month

Total Views 517
0.67 Acres
$2,313,433 Price per Acre
29,185 Sq Ft Lot

Highlights

  • 0.67 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Underwood Magnet Elementary School Rated A

About This Lot

Value is in the land and prime proximity to Five Points. Two parcels offered together for multifamily development. Seller has completed the site permit review process with the City of Raleigh; site plan approved for a 9-unit residential development. Contact listing agent for plans/approvals and additional details. Existing structures remain and convey as-is, where-is. 522 is tenant-occupied - do not disturb.

Listing Agent

Bradley Phelps

Long & Foster Real Estate INC/Raleigh License #225568 Listed on: 01/30/2026

Long & Foster Real Estate INC/Raleigh

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,734

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 151x209x155x184
  • Partially Wooded Lot
  • Building or Site Plan Approved
  • Property is zoned R-10

Home Design

  • Proposed Property

Schools

  • Underwood Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Real Estate ID #0056636 & #0039331

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$11,734

Lot Details

0.67 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 151x209x155x184
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Other Structures Outbuilding: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 29185.2
  • General Property Information Lot Size Acres: 0.67
  • Development Status Proposed: Yes
  • Development Status Site Plan Approved: Yes
  • Other Structures Residence: Yes
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Development, Multi-Family

Exterior Features

  • Acres: 0.67
  • Lot Features:City Lot: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Zoning: R-10
  • Current Use: Multi-Family, Residential, See Remarks
  • Development Status: Proposed, Site Plan Approved, See Remarks
  • Lot Dimensions: 151x209x155x184
  • Lot Size Sq Ft: 29185.2
  • ResoLotSizeUnits: Acres
  • Parcel #: Real Estate ID #0056636 & #0039331

Tax Info

  • Tax Annual Amount: 11734.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Underwood

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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Sold Price
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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 $4,773 $544,949 $495,000 $49,949
2024 $4,753 $544,949 $495,000 $49,949
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2026 02/01/26 Pending -- -- --
01/30/2026 01/30/26 For Sale $1,550,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $525,000 None Listed On Document
Warranty Deed $525,000 None Listed On Document
Deed $38,500 --
Source: Public Records

Source: Doorify MLS

MLS Number: 10143834

Doorify MLS

APN: 1704.08-88-8519-000

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