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25 photos

$3,500,000

5401 Louisburg Road, Raleigh, NC 27616
Raleigh, NC 27616
Listed by Jessie Jones · People Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Great Investment opportunity. Approximately 4 acres of land available for construction of homes. Property is zone R-10-CU. There are four adjacent lots being sold. They all have separate addresses. The addresses are 5401 Louisburg road, 5419 Louisburg road, 5305 Louisburg road, and 5309 Louisburg road. The property sits off busy Louisburg Road. Just minutes from 540. Property located in ETJ. Possible water and sewage hook up through annexing.

Property details

MLS #
10187266
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
52
On market date
August 19, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
4 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
River Bend Elementary
1.71 mi away · Grades -1-5
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
762
Student:teacher ratio
14.1:1
District
Wake County Schools
Middle
Rolesville Middle
6.35 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
7.7 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 Raleigh'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).

65
Walkable
out of 100
EPA National Walkability Index
8.8 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores6
Parks3
Schools5
Transit stops20
Pharmacies1

Market position

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

On the market 52 days -- 51 fewer days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

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

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Est. monthly payment
$21,227/mo
$700,000 down
$2,800,000 loan
Principal & interest$18,161
Property tax (est.)$2,917
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 20, 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.