COLEMILL AERIAL
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16 photos

$500,000

1513 Cole Mill Road, Durham, NC 27705
Durham, NC 27705
Listed by Thomas Furlow · Deaton Investment Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.

Property details

MLS #
10148593
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
182
On market date
February 25, 2026
Stories
N/A
Garage spaces
N/A
Lot size
1.15 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Easley Elementary
3.16 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
461
Student:teacher ratio
12.8:1
District
Durham Public Schools
Middle
Brogden Middle
2.68 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
695
Student:teacher ratio
14.8:1
District
Durham Public Schools
High
City of Medicine Academy
3.15 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
352
Student:teacher ratio
14.1:1
District
Durham Public Schools

Mortgage calculator

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Est. monthly payment
$3,161/mo
$100,000 down
$400,000 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.