705 Timberlake Rd Franklinton, NC 27525
Estimated payment $2,961/month
Highlights
- Private Waterfront
- 13.16 Acre Lot
- Natural State Vegetation
- Pond View
- Partially Wooded Lot
About This Lot
Discover the rare peace and privacy of this 13.16-acre waterfront property on Timmerman Pond in Franklinton, NC. With tranquil water views, mature hardwoods, and gently rolling, mostly flat terrain, this land offers an excellent setting for a custom home, a retreat, or a long-term investment with exceptional flexibility. The stocked pond—home to bass and catfish—creates a scenic backdrop for quiet mornings, afternoon fishing, and abundant wildlife watching. The property feels removed from the noise of daily life, yet it is just minutes from downtown Franklinton and a short drive to the Triangle, providing a desirable blend of seclusion and convenience with access to shopping, dining, and major employment centers. The property has been perk tested for a 4-bedroom home (November 2023), and a boundary survey was completed in 2023. The parcel can be subdivided once, offering options for a second homesite, a guest home, or long-term investment potential. Please schedule an appointment before visiting. Agents can provide guided property tours and answer questions about the land and its features. Opportunities for waterfront acreage of this size are increasingly limited. This property offers a chance to create a private setting in one of the region's most peaceful natural environments.
Property Details
Property Type
- Land
Est. Annual Taxes
- $911
Lot Details
- 13.16 Acre Lot
- Private Waterfront
- Natural State Vegetation
- Partially Wooded Lot
- Property is zoned FCO R-30
Property Views
- Pond Views
Schools
- Louisburg Elementary School
- Terrell Lane Middle School
- Louisburg High School
Utilities
- Well Required
- Septic Needed
Community Details
- Property has a Home Owners Association
- Felton Lake, A Division Of Mattingly Estates Association
- To Be Added Subdivision
Listing and Financial Details
- Assessor Parcel Number 028539
Map
Home Values in the Area
Average Home Value in this Area
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 | $22 | $132,950 | $132,950 | $0 |
| 2024 | $22 | $132,950 | $132,950 | $0 |
| 2023 | $27 | $74,860 | $74,860 | $0 |
| 2022 | $27 | $74,860 | $74,860 | $0 |
| 2021 | $28 | $74,860 | $74,860 | $0 |
| 2020 | $27 | $74,860 | $74,860 | $0 |
| 2019 | $663 | $74,860 | $74,860 | $0 |
| 2018 | $665 | $74,860 | $74,860 | $0 |
| 2017 | $39 | $72,380 | $72,380 | $0 |
| 2016 | $41 | $72,380 | $72,380 | $0 |
| 2015 | $40 | $72,380 | $72,380 | $0 |
| 2014 | $38 | $72,380 | $72,380 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | Price Changed | $550,000 | -8.3% | -- |
| 11/03/2025 11/03/25 | For Sale | $600,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $88,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $66,375 | New Conventional |
Source: Doorify MLS
MLS Number: 10131178
APN: 028539
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