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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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613 Powell Dr , Raleigh, NC 27606
$5,750,000
Est. Payment: $29,688.89/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 155
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Pappalardo
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House Description

One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites. Zoned R4 see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance The lot being sold is approximately 985ft x 252ft. The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $1,000,000. Homes are of no value and both parcels of 611 and 613 Powell will ONLY be sold together. Total acreage is 5.85ac. Cameras onsite, please do not walk property without an appointment.
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Highlights

Listed by Kathryn Michelle MacKinnon , 919-770-8749 Better Homes & Gardens Real Es , 919-439-2168. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land
Lot/Acreage
5.85

County

Wake

 Neighborhood

Not in a Subdivision

Listing ID

10146080

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Public

Exterior Features

Lot:City Lot,Gentle Sloping,Hardwood Trees,Near Public Transit,Partially Cleared,Split Possible,See Remarks
Lot Dimensions:Appro x 987 x 252ft
Zoning:R4
Sewer:Public Sewer
Principal Interest
$29,689
Taxes
$943

Home Price

$5,750,000

Loan Details

30 yrs
6.702%

Down Payment

20%
$1,150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$29,688.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $29,688.89 $943.17 $0.00 $30,632.06
Yearly $356,266.68 $11,318.00 $0.00 $367,584.68
Total $10,688,000.34 $339,540.00 $0.00 $11,027,540.34

Today's Rates

30 Year

6.7%

20 Year

6.58%

15 Year

6.21%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-03T09:09:29.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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