drone shot watkins pond - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond 4 - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond 1 - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond 2 - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond 3 - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond Behind the slip - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins pond wood 1 - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond Straight - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond soft sand - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond soft sand - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond Curve 1 - 4505 Mitchell Mill Road, Wake Forest, NC 27587
Watkins Pond 4 - 4505 Mitchell Mill Road, Wake Forest, NC 27587
12 photos

$275,000

4505 Mitchell Mill Road, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Floyd Barco · Coldwell Banker HPW
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Create your own luxury retreat at Watkins Pond in Wake Forest! This historic pond has 37 acres of scenic property. It's a must see! This listing includes 3 properties: 4501 Mitchell Mill Road (1.86 ac, PIN: 1757054441.), 4505 Mitchell Mill Road (25 acres, PIN: 1757065456), and 0 Stells Road (10.16 acres PIN: 1757177453), which will be sold together as Watkins Pond, (37.02 acres total). If you are looking for a private, wooded, and open space filled with recreational opportunities, calmness and natural beauty; this is the place for you! Get the feeling of solitude, yet the benefits of nearby amenities at this central Mitchell Mill Road location just minutes from everything...Rolesville, Wake Forest, and Raleigh. The possibilities are endless. Need some relaxation and stress reduction? This can be your own private park to retreat whenever you like. Share a tranquil environment with a bald eagle and great blue heron. Yes, a habitat for diverse wildlife. Relax and enjoy the benefits of boating, fishing and camping, maybe a houseboat! Fun for all ages. Schedule an appointment today. Low taxes: 37 Acres: $1727.10

Property details

MLS
Doorify MLS
MLS #
10084045
Property type
Boat Slip
Subdivision
Not in a Subdivision
Status
Active
Days on market
309
On market date
December 15, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
37.02 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Harris Creek Elementary
1.3 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
906
Student:teacher ratio
13.7:1
District
Wake County Schools
Middle
Rolesville Middle
2.33 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,069
Student:teacher ratio
17.0:1
District
Wake County Schools
High
Rolesville High
3.23 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
2,484
Student:teacher ratio
18.5:1
District
Wake County Schools

Walkability

Blended score for Wake Forest's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

27
Car-dependent
out of 100
EPA National Walkability Index
7.2 / 20 -- Below average walkable
Google Places amenity density
13 / 100
Restaurants & cafes1
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies1

Market position

How this listing compares to current activity in Wake Forest, from live MLS data.

On the market 309 days -- 216 more days than Wake Forest's current average of 93 days.
For reference, the median list price across 638 active listings in Wake Forest right now is $474,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,806/mo
$55,000 down
$220,000 loan
Principal & interest$1,427
Property tax (est.)$229
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 31, 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.