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Scott L Lerew · Silver Star Real Estate

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Buy landat 7137 Winding Way, Wake Forest, NC 27587

$500,000

$0/mo

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Land

2.75 Acres lot

320 Days on market

10003433 MLS ID

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About 7137 Winding Way land

In Wake Forest, large tracts or lots are not easily found these days . This is an exceptional 2.75-acre parcel of land that has recently been made available for sale, presenting a unique opportunity similar to those found in the esteemed Wakefield, Heritage and Northridge areas. This sizable plot is nestled in a private secluded area of Wake forest. The land promises an array of possibilities for potential buyers, whether they are looking to build their dream home and invest in real estate. In today's market it is not uncommon for an older home in these areas to be purchased at market value only to be torn down and a newer style home is built that would double or triple the property's value. The Wakefield, Heritage and Northridge areas are examples of this kind of purchase and resale strategy. Celebrated for their lush landscapes, elegant homes, and top-tier amenities, including golf courses, swimming pools, and clubhouses, all of which contribute to a luxurious and comfortable lifestyle. The available 2.75-acre land in Wake Forest shares the same desirable attributes, offering a blank canvas on which the new owner can bring their vision to life. This piece of land stands out not only for its size and potential but also for its location within a thriving community that values outdoor activities, community events, and a close-knit neighborhood feel. Investing in this land means more than just purchasing a piece of property; it's about becoming part of a distinguished area known for its quality of living, natural beauty, and proximity to essential amenities such as schools, shopping centers, and healthcare facilities. It represents an opportunity to create a personal or investment project that aligns with the high standards of its surrounding areas, making it a valuable and promising venture for anyone looking to make a meaningful investment in Wake Forest. The former home was removed and there is a well on the property and a septic system, both of which the conditions are unknown. Town of Wake Forest says they can extend water and sewer to the lot, at the buyers expense.
In Wake Forest, large tracts or lots are not easily found these days . This is an exceptional 2.75-acre parcel of land that has recently been made available for sale, presenting a unique opportunity similar to those found in the esteemed Wakefield, Heritage and Northridge areas. This sizable plot is nestled in a private secluded area of Wake forest. The land promises an array of possibilities for potential buyers, whether they are looking to build their dream home and invest in real estate. In today's market it is not uncommon for an older home in these areas to be purchased at market value only to be torn down and a newer style home is built that would double or triple the property's value. The Wakefield, Heritage and Northridge areas are examples of this kind of purchase and resale strategy. Celebrated for their lush landscapes, elegant homes, and top-tier amenities, including golf courses, swimming pools, and clubhouses, all of which contribute to a luxurious and comfortable lifestyle. The available 2.75-acre land in Wake Forest shares the same desirable attributes, offering a blank canvas on which the new owner can bring their vision to life. This piece of land stands out not only for its size and potential but also for its location within a thriving community that values outdoor activities, community events, and a close-knit neighborhood feel. Investing in this land means more than just purchasing a piece of property; it's about becoming part of a distinguished area known for its quality of living, natural beauty, and proximity to essential amenities such as schools, shopping centers, and healthcare facilities. It represents an opportunity to create a personal or investment project that aligns with the high standards of its surrounding areas, making it a valuable and promising venture for anyone looking to make a meaningful investment in Wake Forest. The former home was removed and there is a well on the property and a septic system, both of which the conditions are unknown. Town of Wake Forest says they can extend water and sewer to the lot, at the buyers expense.

Property details

Community features

None

Current financing

Conventional

Private

Current use

Grazing

Horses

See Remarks

Development status

Raw Land

See Remarks

Fencing

Other

See Remarks

Frontage type

See Remarks

Horse amenities

None

Lot features

Cleared

Agricultural

Back Yard

Private

Secluded

See Remarks

Other equipment

None

Other structures

None

Possession

Other

See Remarks

Possible use

Investment

Residential

Single Family

Road frontage type

Private Road

Road responsibility

Private Maintained Road

Road Maintenance Agreement

Road surface type

Asphalt

Sewer

Septic Tank

Special listing conditions

Standard

Utilities

See Remarks

Vegetation

Cleared

Wooded

View

None

Monthly cost

Estimated monthly cost

$3,220/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Oct 21, 2021

Price

$180,000

Date

Aug 14, 1984

Price

$76,500

DatePrice
Oct 21, 2021$180,000
Aug 14, 1984$76,500

Schools

This home is within the Wake County Schools.

Raleigh & Wake Forest enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$470,000

+$15,000

$485,000

Seller agent commission$15,000 (3%)*

$0 (0%)

Buyer agent commission$15,000 (3%)*

$15,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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State

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Unreal Estate checked: Sep 10, 2024 at 1:34 p.m.

Data updated: Aug 23, 2024 at 1:04 p.m.

Courtesy of Silver Star Real Estate, Scott L Lerew.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange™ Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than the brokerage firms other than the one represented by this site are marked with the Internet Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo and detailed information about them includes the name of the listing firms. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.
Listing Information © 2024 Triangle MLS, Inc. All Rights Reserved.

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