705 Timberlake Rd Franklinton, NC 27525
Estimated payment $2,611/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | -- |
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: 10138228
APN: 028539
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Ask me questions while you tour the home.