5908 Colonial Drive, Raleigh, NC 27603
Homestead Park · Wake County
Key Facts
Description
Build your dream home on this spacious 1.43-acre lot in a convenient location! Whether you're looking to build your dream home, invest, or explore future possibilities, this property offers a rare opportunity with plenty of room to create your ideal setting. Enjoy the perfect balance of privacy and accessibility, with easy access to Downtown Raleigh, major highways, shopping, dining, and everyday conveniences. Don't miss your chance to own a sizable parcel in desirable and growing areas! Subdivision is HOMELAND and will be changed,
Property Information
Property Type
Land
Lot Size
1.43 acres
Zoning
Residential District
Days on Market
23
MLS® Listing#
LP764960
Property Features
Utilities
Sewer
Schools
- Middle:
- Wake County Schools
- High:
- Wake County Schools
Financial Details
Parcel Number
1700.06495736000
Affordability Calculator
$18,000
Estimated monthly payment
$479/mo
Principal $72,000 · Est. interest $100,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Raleigh, NC
- $466,071
- Median Listing Price
- 54
- Median Days on Market
- 1,958
- Median Sq Ft
- $234
- Median Price / Sq Ft
- 2,214
- Active Listings
- This home’s price is 81% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Raleigh, NC.
Location
- 5908 Colonial Drive, Raleigh, NC 27603
Points of Interest in Raleigh, NC
Showing the Raleigh area map.
Nearby Schools
Wake County Public School System
School · 0.9 mi away
Smith Magnet Elementary Pta
Elementary · 0.9 mi away
Timber Drive Elementary School
Elementary · 0.9 mi away
Garner Magnet High School
Secondary · 1.0 mi away
Vandora Springs Elementary School
Elementary · 1.1 mi away
Garner High School
Secondary · 1.2 mi away
Wake Christian Academy
School · 1.2 mi away
Garner United Methodist Preschool
School · 1.7 mi away
Garner Academy
School · 1.8 mi away
Aversboro Elementary
Elementary · 1.9 mi away
North Garner Middle School
Secondary · 2.3 mi away
Creech Road Elementary School
Elementary · 2.9 mi away
Rise Southeast Raleigh Charter School
Elementary · 3.1 mi away
Upper Room Christian Academy
School · 3.1 mi away
Vance Elementary School
Elementary · 3.3 mi away
East Garner Elementary School
Elementary · 3.4 mi away
East Garner Middle
Secondary · 3.5 mi away
Rand Road Elementary
Elementary · 3.5 mi away
Gethsemane Christian Sda Junior Academy
Elementary · 3.7 mi away
SE Raleigh Magnet High School
Secondary · 4.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10541 Old Stage Road, Raleigh, NC | $69,000 | — | — | — |
| 10541 Old Stage Road, Raleigh, NC | $69,000 | — | — | — |
| 6825 Green Meadow Drive, Raleigh, NC | $75,000 | — | — | — |
| 6454 Fox Road, Raleigh, NC | $85,000 | — | — | — |
| 608 Poplar Springs Church Road, Raleigh, NC | $85,000 | — | — | — |
| 5908 Colonial Drive, Raleigh, NC | $90,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Raleigh
Listing Courtesy: EXP REALTY LLC - 8885849431
Last Updated: 2026-06-25