Back 5505 Old Spring Drive
Off Market

5505 Old Spring Drive

Raleigh NC 27606

17424 sq. ft.
Land
Last sold for $77,800
Misty GonzalezMisty Gonzalez, last sold this property on 11 June 2026 after 41 days on market.

Overview

Rare chance to own two neighboring parcels totaling over half an acre in a high-demand Triangle location. 5505 Old Spring Dr (.4 acre) is being sold together with the neighboring lot 5801 Heritage Springs Dr (.27 acre). Ideally situated just off Yates Mill Pond Road, you are minutes from the scenic Historic Yates Mill County Park and Lake Wheeler. Be in Downtown Raleigh or Downtown Cary in 15 mins, and only 20 minutes to RDU International Airport. Whether you choose to update the existing structure or explore a custom build-to-suit, this location offers the perfect balance of nature and urban convenience.

Features

17424 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Raleigh over the last 12 months, the estimated median property value of 5505 Old Spring Drive is $228.96k.

Median value
$228.96k
Estimated value range
$62.2k - $6.4m
Median days on market
60
Estimated value trend
-48%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Raleigh. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5505 Old Spring Drive

2026
Sold
$77,800
11 Jun 2026 by Misty Gonzalez, of Daymark Realty

Happy sellers in Raleigh

~%

We have insufficient information to provide an overview of customer satisfaction for Raleigh. Viewing the agent profiles, reviews and sales for Raleigh can provide insights for this location.

Local market activity for land plots in Raleigh

In the last 12 months, 6 land plots similar to 5505 Old Spring Drive, have been sold.

This represents a 42% increase in land plots sales when compared to the previous 12 months.

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