4505 Mitchell Mill Rd, Wake Forest, NC 27587
Property image
Property image
FOR SALE
37.02 ACRES

$275,000

    4505 Mitchell Mill Rd, Wake Forest, NC 27587

    Est. Mortgage $1,704/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    37.02 acre lot

    Local Information

    • Map ViewExplore the area around 4505 Mitchell Mill Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    What's unique:Historic pondDiverse wildlifeNatural beautyTranquil environmentScenic property
    Create your own luxury retreat at Watkins Pond in Wake Forest! This historic pond has 37 acres of scenic property. It's a must see! This listing includes 3 properties: 4501 Mitchell Mill Road (1.86 ac, PIN: 1757054441.), 4505 Mitchell Mill Road (25 acres, PIN: 1757065456), and 0 Stells Road (10.16 acres PIN: 1757177453), which will be sold together as Watkins Pond, (37.02 acres total). If you are looking for a private, wooded, and open space filled with recreational opportunities, calmness and natural beauty; this is the place for you!

    Get the feeling of solitude, yet the benefits of nearby amenities at this central Mitchell Mill Road location just minutes from everything...Rolesville, Wake Forest, and Raleigh. The possibilities are endless. Need some relaxation and stress reduction? This can be your own private park to retreat whenever you like. Share a tranquil environment with a bald eagle and great blue heron. Yes, a habitat for diverse wildlife. Relax and enjoy the benefits of boating, fishing and camping, maybe a houseboat! Fun for all ages.
    Schedule an appointment today.
    Low taxes: 37 Acres: $1727.10
    Last check for updates: about 10 hours ago
    Listing courtesy of Floyd Barco, (919) 451-3461
    Coldwell Banker HPW
    Source: Doorify MLS, MLS#10084045
    Also Listed on Doorify MLS.

    Home Details for 4505 Mitchell Mill Rd

    Interior Features

    Appliances & Utilities
    Utilities: See Remarks
    View
    Has a ViewView: Pond

    Exterior Features

    Exterior Home Features
    Vegetation: Wooded
    Frontage
    Frontage Type: WaterfrontRoad Frontage: City Street, Public Road, 2 Lane RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Asphalt
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Boat Slip

    Price & Status

    Price
    List Price: $275,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Wake Forest
    School Information
    Elementary School: Wake County SchoolsJr High / Middle School: Wake County SchoolsHigh School: Wake County Schools

    Agent Information

    Listing Agent
    Listing ID: 10084045

    Community

    Community Features: Fishing, Other

    HOA

    No HOA

    Lot Information

    Lot Area: 37.02 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, FHA

    Mobile R/V

    Mobile Home Park
    Mobile Home Units: Feet

    Miscellaneous

    Mls Number: 10084045Water ViewWater View: Pond

    Additional Information

    FishingOtherSource Internet Entire Listing Display

    Around this home

    What Locals Say about Wake Forest

    At least 410 Trulia users voted on each feature.

    • 94 % Say car is needed

    • 93 % Say it's dog friendly

    • 87 % Say parking is easy

    • 83 % Say there's holiday spirit

    • 80 % Say people would walk alone at night

    • 79 % Say yards are well-kept

    • 76 % Say kids play outside

    • 75 % Say there are sidewalks

    • 73 % Say it's quiet

    • 68 % Say streets are well-lit

    • 64 % Say neighbors are friendly

    • 59 % Say they plan to stay for at least 5 years

    • 58 % Say there's wildlife

    • 49 % Say there are community events

    • 36 % Say it's walkable to restaurants

    • 33 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "There is a dog park and trails, also waste bag stations "
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    • Elizabeth Miller
      "Dog friendly neighborhood with periodic dog cleaning stations"
      0
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    • Terri Coleman
      "I have lived in Wake Forest since 2004. Wake Forest has not done the best with infrastructure, but we have liked the neighborhoods we have lived in. "
      0
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    • Elizabeth Miller
      "Lovely town with quaint feel but near larger cities of Raleigh and Durham with loads of shops and medical resources."
      0
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    • Lou 3000
      "Everyone normally cleans after their pups and keeps them leashed. Neighborhood is normally clean and neighbors normally tend to their lawn."
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    • Taliaxo194
      "So far so good. 4 months in. Everyone is super “neighborly” Would recommend to families. "
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    • Itriplie94
      "I drive 18min to get to work grocery stores are nearby and fast food is nearby as well I drive 10min to closest car charger"
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    • Dakotac
      "Feels like a hallmark town. Stuff around but not overcrowded feeling!! Lots of greenery & a cute downtown"
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    • Lou 3000
      "The neighborhood has a lot of side walks. There are also many hills in this neighborhood. Walking trails are near so this is perfect for dog walking. "
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    • Lou 3000
      "Many walking trails, libraries and other extracurricular activities available for kids. Not many sidewalk accessibility other than main neighborhood."
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    • Danielle Livingston
      "I am not familiar with community events that make our neighborhood feel special. There is Friday Night on White; it is not special. "
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    • Madison Smith
      "Lots of families and group events. Everyone is friendly and I feel safe in this area. Would recommend "
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    • Monica.ortega70
      "Nice quiet neighborhood with well kept homes with huge property lots. Family oriented neighborhood "
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    • Madison Smith
      "Very friendly neighbors, great community that respects each other. Not sure about schooling because my little is 1 but I’ve heard good things."
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    • Monica.ortega70
      "Big yards for dogs to play in. Friendly neighborhood for walking your dog. Many parks and trails to take your dog on hikes. "
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    • Brittany Brathwaite
      "Really nice area for family and enjoyable living. Plenty of fun things to do. You will need transportation. Some residents like to complain because the sky is blue - but other than that, great place to live outside of Raleigh. "
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    • Michael Roberti
      "The commute to Morrisville and back is brutal. Lots of traffic on US 1 and 540. Accidents every day. People drive like maniacs weaving in and out of traffic. It is the only drawback to living here."
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    • Vhfdbgt7kd
      "We have a neighborhood pool with snack bar and bar which families can join. Kids can then participate in swim team. "
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    • Brittany Brathwaite
      "All of the people here are very friendly except for the few that seem to forget what it’s like to be a kid (or teenager) and enjoy being alive!"
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    • Sally Dixon
      "Location location location! Lots of community events, town events lots to do and see. Beautiful greenway and lots of amenities! "
      4
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    • Brittany Brathwaite
      "There are great families, schools parks and resources for everyone. But not many outlets for teens. "
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    • Ljaddison
      "The community is walkable and has ample walking and bike trails, a large community pool, and all grounds are well maintained. "
      1
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    • Brittany Brathwaite
      "People walk their dogs and for the most part, they’re responsible for the pet’s waste. Unfortunately, people are less tolerable of middle school age children and high schoolers simply being kids. "
      1
      Flag
    • PegH
      "A real sense of community. We all look out for each other; never is it as obvious as when the last bad storm came through. Everyone was out the next morning helping to clean up tree limbs and leaves from the entire cut-de-sac, not just their own yard, sharing tools, equipment and man power. "
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    • Peggymhaas
      "We’ve lived here for 14+ years and love it. This little town has so much to offer; great restaurants, theater, parks, greenways and wonderful people! "
      9
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    • Andrew W.
      "Pools are awesome. Neighbors are awesome. Convenient to everything you need. Great community! "
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    • Lwbenn
      "A bit of traffic around 4:00 to 6:00pm. My neighborhood is gated and has a very nice, exclusive Country Club. My neighborhood has it’s very own private security service and they constantly patrol the neighborhood."
      9
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    • Camcolwill
      "This is a good neighborhood to raise children. The only concern I would have as a parent of a teenager would be them learning to drive in heavy traffic"
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    • Patsy
      "Schools are great. Very family oriented there is something for everyone in Wake Forest. Lots of nature & not far from Raleigh."
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    • Naresh G.
      "Quiet, not crowded No traffic Nice neighbors Family friendly community Plenty of supermarkets Awesome trails for hiking "
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    • Camcolwill
      "Community events in the park and on the Main Street are popular events for the community. The farmers market and the dog park are also popular"
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    • Kingangel73
      "Wake Forest is warm and welcoming. It is family oriented and pet friendly. The school are great and there's tons of things to do. "
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    • Patsy
      "Challenging at peak times of the day, considering I am commuting to and from Raleigh for work. Capital Blvd & Louisburg can be a nightmare."
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    • Peggymhaas
      "I am retired but when I was working I worked in Cary, NC which generally required a 45 minute to 1 hour commute."
      4
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    • Peggymhaas
      "N/A. Retired but when I did work it was a 45 minute drive to Cary, NC. If I took Capital Blvd. the drive time could be an hour or more. "
      3
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    • Peggymhaas
      "I am retired. When I worked my commute was 40+ minutes. However, it was quite scenic, crossing the lake and past several horse farms. "
      1
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    • WF Resident
      "There are quite a few dog owners in my neighborhood. Most are responsible owners, but there are those that walk their dogs at night and allow them to relieve themselves in their neighbors yards. This is the part I dislike. I sit on my porch at night and you wouldn’t believe the things I see dog owners allow their dogs to do."
      10
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    • Peggym
      "Meet in the Street, Friday Night on White, MardiGras, the lighting of the Christmas Tree all make Wake Forest special. "
      4
      Flag
    • Julie B. .
      "Dog owners walk their dogs and there are trails in the common area for dogs to run. The lots sizes are big enough to have privacy from other neighbors. Fences are allowed. "
      0
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    • Kerryjuliekane
      "Ladies night out. Walking with friends. Bells lake access for fun trails. Fall pizza gathering in culdesac. "
      0
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    Market trends in Wake Forest

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $540K
    $8.33K    MoM
    Sale-to-List Price
    99.2%
    0.1%    MoM
    Price per sq ft
    $213
    $4    MoM
    Available listings
    511

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    4315 Mitchell Mill Rd, Wake Forest, NC
    0.40
    Lot/Land
    $135,000
    04/30/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    3625 Medlin Woods Rd, Wake Forest, NC 27587
    0.25
    $1,056,900
    3
    3
    3,363
    Off Market
    4805 Mitchell Mill Rd, Wake Forest, NC 27587
    0.37
    $242,500
    3
    2
    1,536
    Off Market
    3508 Blythedale Ln, Raleigh, NC 27616
    0.38
    $505,870
    5
    4.5
    3,252
    For Sale
    3512 Blythedale Ln, Raleigh, NC 27616
    0.38
    $490,760
    5
    4
    2,702
    For Sale
    4204 Wesley Chapel Way, Raleigh, NC 27616
    0.39
    $431,550
    4
    2.5
    2,345
    For Sale
    4209 Wesley Chapel Way, Raleigh, NC 27616
    0.39
    $450,000
    5
    3
    2,674
    Recently Sold
    4315 Mitchell Mill Rd, Wake Forest, NC 27587
    0.40
    $135,000
    -
    -
    -
    Recently Sold
    3513 Blythedale Ln, Raleigh, NC 27616
    0.40
    $465,320
    5
    4
    2,687
    For Sale
    3520 Blythedale Ln, Raleigh, NC 27616
    0.40
    $501,000
    5
    4
    2,950
    Recently Sold
    4205 Wesley Chapel Way, Raleigh, NC 27616
    0.41
    $470,000
    5
    3
    2,674
    Recently Sold
    3528 Blythedale Ln, Raleigh, NC 27616
    0.41
    $501,110
    5
    4.5
    3,252
    For Sale

    Price and Tax history

    DateEventPrice
    Jul 31, 2026
    Source: Doorify MLS #10084045
    		PriceChange
    $275,000
    Price decreased by 15%
    Dec 15, 2025
    Source: Doorify MLS #10084045
    		PendingToActive
    $325,000
    Oct 23, 2025
    Source: Doorify MLS #10084045
    		Pending
    $325,000
    Mar 21, 2025
    Source: Doorify MLS #10084045
    		Listed For Sale
    $325,000

    LGBTQ Local Legal Protections

    Floyd Barco, Coldwell Banker HPW
    Agent Phone: (919) 451-3461
    The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
    Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

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    Frequently asked questions about 4505 Mitchell Mill Rd

    • How big is 4505 Mitchell Mill Rd?
      4505 Mitchell Mill Rd in Wake Forest, NC is about 37 acres.
    • What is the price per acre for 4505 Mitchell Mill Rd?
      4505 Mitchell Mill Rd in Wake Forest, NC is listed at $275,000, or about $7,428 per acre.
    • What do residents say about Wake Forest?
      Residents describe Wake Forest, NC as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Wake Forest, NC.
    • What are the closest schools to 4505 Mitchell Mill Rd?
      The closest schools to 4505 Mitchell Mill Rd in Wake Forest, NC are Harris Creek Elementary (Pre-K, rated 5/10), Rolesville High School (rated 5/10), Rolesville Middle School (rated 9/10).
    4505 Mitchell Mill Rd, Wake Forest, NC 27587 is a lot/land. This property is currently available for sale and was listed by Doorify MLS on Mar 21, 2025. The MLS # for this home is MLS# 10084045.