408 Johnston Road, Raleigh, NC 27603
$2,400,000
Property Type:
Land
Lot Size (sq. ft.):
435,600
Status:
Active
Current Price:
$2,400,000
List Date:
4/17/2025
Last Modified:
5/15/2025
Description
Discover the perfect canvas for your dream luxury estate in an absolutely stunning, one-of-a-kind location. This breathtaking land offers unparalleled beauty and endless possibilities for creating a home that's as extraordinary as you are. Exceptional opportunity with this 10+/- acre parcel on 408 Johnston Road, Raleigh, NC 27603. Nestled in Wake County, the fastest-growing county in NC, this prime lot features a serene man-made pond and is surrounded by luxury neighborhoods. Located less than 1/10 mile from 50/42 and less than 3 miles from I-40, with quick access to the new 540 Triangle Expressway. Zoned HD, this land is suitable for low-density residential, commercial, or special use permits, boasting good soils and multiple perc sites. Enjoy privacy with a mature wooded buffer from Hwy 42 while being minutes away from a new Publix, top Wake County Public Schools, and only 15 minutes to downtown Raleigh. The old farmhouse, previously a hunting/fishing lodge, offers potential for a quick rehab while you build your dream home(s). Ideal for homeowners seeking seclusion with city convenience, developers looking for residential or AirBnB potential, or commercial use. Don't miss this unique opportunity to create your vision in a rapidly growing area
More Information MLS# 100501768
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-04-17
Sub-Type: Residential Land
Listing Price: 2400000
Current Price: $2,400,000
List Price/Acre: 240000
Stipulation of Sale: Standard
Location Information
Street #: 408
Street Name: Johnston
Street Suffix: Road
County: Wake
State/Province: NC
Zip Code: 27603
City Limits: No
Marketing City: Raleigh
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 35.591025
Geo Lon: -78.61698
Remarks and Showing
Directions to Property: I-40 E, follow signs for Interstate 40 Take exit 312 for NC-42 toward Clayton/Fuquay-Varina 0.2 mi Take the ramp onto NC-42 W 410 ft Follow NC-42 W to Johnston Rd
Sign on Property: No
Property Exterior Info
Acres - Total: 10
Acres - Wooded: 840
Lot Dimensions: as per metes and bounds
Lot SqFt: 435600
Deed Restriction: No
Total Road Frontage: 50
Waterfront: Yes
Water Frontage: 1000
Waterview: Yes
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 292418
Deed Book: 16514
Deed Page: 1797
Legal: Logr Pt Released from Johnston County
Broker Owner: No
PID: 1617308275
Tax Identifier: 161703308275000 0206701
Plat Book: n/a
Plat Page: n/a
Total Real Estate Property Taxes: 1835.92
Special Assessments: None
Deferred Taxes: No
Tax Year: 2024
Zoning: HD
HOA: No
Cobra Zone: No
Elementary School: Wiley
Middle School: Wake County
High School: Wake
High School 2: Garner
Property Features
Current Use: Recreational; Vacant; Other
Bldgs on Property: Covered Area; See Remarks
Soil Evaluation: Soil Evaluation - No
Frontage Type: Pond Front
Topography: Cleared; Wooded
View Type: Pond
Fencing: None
Fuel Tank: None
Environmental Hazard: No
Lot Description: Open Lot; Pond on Lot
Utilities: Water Available
Sewer: Septic Tank
Water Source: Municipal Water
Terms: Cash; Conventional
Listing Office: EXP Realty LLC - C
Last Updated: May - 15 - 2025
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