PRIME Residential Development Opportunity! 6.04 acres currently zoned R-4 and located within a Transit Overlay District providing flexibility on minimum lot sizes. Minutes away from I440, I40 and US1 with easy access to RDU Airport, area colleges, NC State Fair Grounds and PNC Arena. Powell Dr. offers public water, sewer, Go Raleigh 11L Bus route, BikeRaleigh route, sidewalks and a short walk to Powell Park. New construction on Powell Dr. is ranging between $600 - $700K on lots .12 acres and less. Convenient to RTP, Cary, Morrisville, Apex, and Garner.
Property Details
Property Features
Listing Office:
Office Name: Northside Realty Inc.
Office Phone: (919) 784-0101
Listing Agent: Audrey Ray, Elizabeth Stitt
Lot Features
Lot Information:
Lot: Sloped
Lot Size: 6.04 Acres
Other
Directions Information:
Directions: From Western Blvd, Left on Powell Dr
Price Information
Listing Price Info
Price Summary:
List Price: $5,750,000
Tax Information:
Annual Amount: $5,736
Tax Year: 2021
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Housing Market Comparison
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Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/3/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,736
$587,452
2020
$5,631
$587,452
2019
$4,762
$434,060
2018
$4,536
$434,060
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Combs Magnet Elementary School
2001 Lorimer Rd
Distance between this listing and this school0.80 miles
Public Magnet Grades PK-5
4
/10
Olds Elementary School
204 Dixie Trl
Distance between this listing and this school2.13 miles
Public District Grades PK-5
2
/10
Dillard Drive Elementary School
5018 Dillard Dr
Distance between this listing and this school2.23 miles
Public District Grades PK-5
Nearby Schools
5
/10
Mount Vernon
5418 Chapel Hill Rd
Distance between this listing and this school0.66 miles
Public District Grades KG-8
4
/10
Centennial Campus Magnet Middle School
1900 Main Campus Dr
Distance between this listing and this school2.16 miles
Public Magnet Grades 6-8
3
/10
Dillard Drive Magnet Middle School
5200 Dillard Dr
Distance between this listing and this school2.25 miles
Public District Grades 6-8
Nearby Schools
7
/10
Athens Drive Magnet High School
1420 Athens Dr
Distance between this listing and this school1.01 miles
Public Magnet Grades 9-12
2
/10
Score Academy
5651 Dillard Dr
Distance between this listing and this school2.50 miles
Public District Grades 9-12
8
/10
Crossroads Flex
5651 Dillard Dr
Distance between this listing and this school2.50 miles
The neighbors living near this home have an average income of $44,527. Most Raleigh, NC residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 611 Powell Dr
What is the listing price of this property?
The listing price of 611 Powell Dr property is $5,750,000.
What type of property is this?
The property 611 Powell Dr is land located in Raleigh, North Carolina, 27606.
Is this property for sale now?
Active Listing: 611 Powell Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,736 (source: MLS/based on county public records data).
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This home is located at 611 Powell Dr in Raleigh, NC and zip code 27606 in the West Raleigh neighborhood. This home sits on a 6.04 acre lot. It has been listed on Rocket Homes since September 28, 2023 and is currently priced at $5,750,000.
Raleigh, NC housing market in November 2024 saw over 67 listings sold above listed price, more than 101 sold at listed price and over 257 sold below. The number of listings in Raleigh, NC decreased by 9.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 42 days, the median list price was $448,424.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
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