5305 Panther Creek Dr, Raleigh, NC 27603

Property Description

6.1 acre lot featuring soils suitable for a septic system, water provided by Aqua, access from a short, paved private access easement, mature hardwoods and pines, minimal covenants and no HOA. The lot is accessed by driving through Kings Ridge subdivision, but it is not part of the subdivision. Homes sales in this neighborhood range from approximately $650,000 to $800,000. The covenants allow for single-family residential, forestry and agriculture use with stick-built or off frame modular homes with a 2,200 square foot minimum size. Conveniently located a short distance to the southern outer beltline, Highway 401, Wake Tech and Costco. Contains two streams and some floodplain along the western boundary. Located 3 miles to Interstate 540, 11 miles to downtown Raleigh and 15 miles to Apex. Additional 1.1 acre lot available, see MLS 10169295 .