tomo logo

$2,725,000

Beds
4
Baths
5.0
sq ft
4,924

5101 Olde South Rd, Raleigh, NC 27606

5101 Olde South Rd

Raleigh, NC 27606

  • 19 days on market
Nestled on a tranquil 8.79-acre lot just minutes from premier shopping, dining, and entertainment, 5101 Olde South Road presents a rare opportunity to collaborate with Exeter Building Company to design and build the home of your dreams. For inspiration, consider the Alexander Plan, a stunning example of luxury living. With 4,924 heated square feet, this home boasts 5 bedrooms, 4 full baths, 1 half bath, and a spacious 4-car garage. Highlights include soaring 11-foot ceilings in the family room, premium Wolf/Sub-Zero appliances, a floating staircase, an elevator, and a generously sized media/rec room perfect for entertaining. The sleek, modern exterior design features striking two-story windows adjacent to the front door, exuding contemporary sophistication. At over 1,800 feet in depth, this expansive property offers endless possibilities. Build close to the street for visibility or retreat into the wooded sanctuary for ultimate privacy. With no HOA or restrictive covenants, you can customize the space to suit your lifestyle—add detached garages, pool houses, horse barns, or other structures to complete your vision. Don't miss this one-of-a-kind property and the chance to create a home that perfectly reflects your style and needs. Exterior renderings shown are potential options and can be tailored to your preferences.

Details

Property type

Single Family Residence

Est. home value

$1,549,447

Property condition

New Construction

Lot size

8.79 acres

Price per sq ft

$554

Year built

2025

Price History

01/09/2025
TriangleMLS

TriangleMLS #10069064

Listed
$2,725,000
01/03/2025
TriangleMLS

TriangleMLS #10069064

Removed
$2,725,000
01/03/2025
TriangleMLS

TriangleMLS #10069064

Listed
$2,725,000
+52.23%

Schools & Community

Elementary school: 

Wake - Yates Mill

Middle school: 

Wake - Dillard

High school: 

Wake - Athens Dr

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Countrywide Bank Fsb

Loan start date

July 2008

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

6.01%

Loan type

Credit Line (Revolving)

Seller

Frances Christmas

Lender

Coastal Capital Corp

Loan start date

July 2001

Original loan amount

$97,193

Est. remaining balance

$0

Interest rate

7.2%

Loan type

Not Provided, 20 year

Seller

Frances Horton Christmas

Lender

Contimortgage Corp

Loan start date

April 1999

Original loan amount

$78,960

Est. remaining balance

$0

Interest rate

6.46%

Loan type

Not Provided, 15 year

Seller

Frances Horton Christmas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
TriangleMLS
$2,899,000
7 bd
|
6 ba
|
9,779 sq ft
|
House

5200 Blue Stem Court, Raleigh, NC 27606

Status: Active

Tomo last checked: 01/22/2025 at 6:50 PM

Listing updated: 01/09/2025 at 4:31 PM

Listed by: Jim Allen, Coldwell Banker HPW Phone #: (919) 876-8824

MLS: TriangleMLS #10069064

TriangleMLS logo

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