$475,000
$75K PRICE DROP

705 Timberlake Rd Franklinton, NC 27525

Estimated payment $2,611/month

Total Views 13,800
13.16 Acres
$36,094 Price per Acre
573,250 Sq Ft Lot

Highlights

  • Lake Front
  • 13.16 Acre Lot
  • Natural State Vegetation
  • View of Trees or Woods
  • Partially Wooded Lot

About This Lot

Major price improvement on this rare 13.16-acre waterfront property on Timmerman Pond in Franklinton. Opportunities like this are becoming increasingly difficult to find. Set along the shoreline of the stocked Timmerman Pond, this private wooded tract offers peaceful water views, mature hardwoods, and gently rolling terrain that creates an exceptional setting for a custom home, private retreat, or long-term investment. The land stretches from Timberlake Road back to the pond, offering a beautiful mix of forest and scenic waterfront. Imagine mornings overlooking the water, afternoons fishing for bass and catfish in the stocked pond, and evenings surrounded by the quiet sounds of nature. The property provides excellent privacy while still being conveniently located just minutes from downtown Franklinton and within an easy drive to Wake Forest, Raleigh, and the greater Triangle. The parcel has already completed several important steps for future development, including a boundary survey completed in 2023 and a successful perk test for a 4-bedroom home (November 2023). The property may also be subdivided once, providing flexibility for a second homesite, guest house, or long-term investment strategy. With mature woods, waterfront access, and acreage of this size, the possibilities are truly special. Schedule a guided tour today to walk the land, explore the shoreline, and start planning what this unique property could become.

Listing Agent

Kristen McCutcheon

EXP Realty LLC License #301947 Listed on: 12/22/2025

EXP Realty LLC

Co-Listing Agent

Eli McCutcheon

EXP Realty LLC License #319626

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $911

Lot Details

  • 13.16 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Natural State Vegetation
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned FCO R-30

Property Views

  • Pond
  • Woods

Schools

  • Louisburg Elementary School
  • Terrell Lane Middle School
  • Louisburg High School

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Felton Lake, A Division Of Mattinglyestates Association
  • To Be Added Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028539

Property Details

Property Type

Land

Est. Annual Taxes

$911

Lot Details

13.16 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Lakefront
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: To Be Added
  • General Property Information Lot Size Dimensions: See Survey
  • Lot Features Partially Cleared: Yes
  • General Property Information Association Phone: To be added
  • General Property Information Senior Community YN: No
  • Vegetation Wooded2: Yes
  • Utilities Electricity Available: Yes
  • Lot Water Features Waterfront3: Yes
  • Water Source Need Well: Yes
  • View TreesWoods: Yes
  • Vegetation Partially Wooded: Yes
  • ViewPond: Yes
  • Development Status Raw Land: Yes
  • Sewer Perc Test On File: Yes
  • Road Frontage Type County Road: Yes
  • Utilities Septic Available: Yes
  • Frontage Type Lakefront: Yes
  • General Property Information Lot Size Square Feet2: 573247.0
  • Vegetation Natural State: Yes
  • General Property Information Lot Size Acres: 13.1599
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Recreational, Residential, Single Family, Tree Farm, Unimproved, Vacant

Exterior Features

  • Acres: 13.16
  • Lot Features:Wooded: Yes
  • Lot Features:Views: Yes
  • Lot Features:Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Septic Available
  • Water Source: Need Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: FELTON LAKE, A DIVISION OF MATTINGLYESTATES
  • Phone: To be added
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: FELTON LAKE, A DIVISION OF MATTINGLYESTATES
  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Franklin - Louisburg
  • Middle Or Junior School: Franklin - Terrell Lane

Lot Info

  • Zoning: FCO R-30
  • Current Use: Unimproved
  • Development Status: Raw Land
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 573247.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 028539

Tax Info

  • Tax Annual Amount: 911.03
  • Tax Year: 2025
  • Tax Map Number: 7

MLS Schools

  • Elementary School: Franklin - Louisburg

Map

Range of Values:

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Value 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

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 Price Changed $475,000 -9.5% --
02/20/2026 02/20/26 Price Changed $525,000 -4.5% --
12/22/2025 12/22/25 For Sale $550,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $88,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $66,375 New Conventional
Source: Public Records

Source: Doorify MLS

MLS Number: 10138228

Doorify MLS

APN: 028539

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