517 Sorrell Street, Cary, NC 27513
Not in a Subdivision · Wake County
Key Facts
Description
Discover a prime investment opportunity at 517 Sorrell St, a beautiful 0.39-acre plot of land situated within the Maynard Loop in Cary, NC. This fantastic location offers unparalleled convenience to downtown Cary, I-40, Amtrak and RDU Airport, making it an ideal spot for both residential development and future growth.The lot features a generous depth, allowing for a spacious backyard oasis while maintaining proximity to the vibrant downtown area and its amenities. The current zoning allows for the potential construction of single-family homes or a duplex, making it a versatile option for builders and investors alike. Additionally, there are two adjacent properties currently for sale: 511 Sorrell St at $550K and 519 Sorrell St at $600K, providing an excellent opportunity for collective development or larger investment projects. Don't miss out on this promising parcel of land in one of Cary's most sought-after locations! Whether you're looking to invest in your future or develop a dream property, 517 Sorrell St is the perfect canvas for your vision!
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.39 acres
Lot Dimensions
45 x 349 x 51 x 364
Days on Market
427
MLS® Listing#
10097028
Property Features
Parking
Lot Features
Utilities
Sewer
Water Source
Schools
- Elementary:
- Wake - Kingswood Elementary
- Middle:
- Wake - Reedy Creek Middle
- High:
- Wake - Cary High
- District:
- www.wcpss.net
Financial Details
HOA
None
Annual Taxes
$2,472
Tax year 2024
Assessed Value
$292,400
Parcel Number
0764748251
Directions
From I-40, take exit 290 onto NC-54/Chapel Hill Rd & into Downtown Cary. Take the 1st right onto Sorrell St & the lots will be on your right.
Affordability Calculator
$100,000
Estimated monthly payment
$2,661/mo
Principal $400,000 · Est. interest $558,036 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cary, NC
- $612,632
- Median Listing Price
- 46
- Median Days on Market
- 2,356
- Median Sq Ft
- $256
- Median Price / Sq Ft
- 428
- Active Listings
- This home’s price is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cary, NC.
Location
Map is currently unavailable for this location.
Points of Interest in Cary, NC
Showing the Cary area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 126 Riverwalk Circle, Cary, NC | $350,000 | 3 | 3 | 1,543 |
| 1202 Collington Drive, Cary, NC | $350,000 | 3 | 3 | 1,464 |
| 204 Climbing Ivy Court, Cary, NC | $350,000 | 3 | 3 | 1,400 |
| 3017 Summerhouse Road, Cary, NC | $350,000 | 3 | 4 | 1,812 |
| 1400 Granholm Road 106, Cary, NC | $350,000 | 2 | 3 | 1,576 |
| 3827 Cary Glen Boulevard, Cary, NC | $352,999 | 3 | 4 | 1,723 |
Moving Cost Estimate
EXIT Agents in Cary
Listing Courtesy: The Douglas Realty Group - 9193778423
Last Updated: 2025-05-16