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
Lot/land
$325,000
4505 Mitchell Mill Rd, Wake Forest, NC 27587
--beds
--baths
37.02Acres
Boat Slip, Land
Built in ----
37.02 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Historic pondDiverse wildlifeNatural beautyTranquil environmentScenic property
- 375 days |
- 2,095 |
- 154 |
Zillow last checked: 7 hours ago
Listing updated: March 30, 2026 at 09:51pm
Listed by:
Floyd Barco 919-451-3461,
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 10084045
Facts & features
Property
Features
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
- Waterfront features: Waterfront
Lot
- Size: 37.02 Acres
- Features: Flood Plains, Pond on Lot
Details
- Parcel number: 1757065456
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
- Utilities for property: See Remarks
Community & HOA
Community
- Features: Fishing, Other
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Wake Forest
Financial & listing details
- Tax assessed value: $137,500
- Annual tax amount: $853
- Date on market: 3/21/2025
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,559/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Listed for sale | $325,000 |
Source: | ||
| 10/23/2025 | Pending sale | $325,000 |
Source: | ||
| 3/21/2025 | Listed for sale | $325,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $879 +3% | $137,500 |
| 2024 | $854 -20.4% | $137,500 |
| 2023 | $1,072 +8% | $137,500 |
| 2022 | $993 +2.8% | $137,500 |
| 2021 | $966 +1.7% | $137,500 |
| 2020 | $950 -15.4% | $137,500 |
| 2019 | $1,123 | $137,500 |
| 2018 | $1,123 +14.9% | $137,500 |
| 2017 | $978 +2.1% | $137,500 |
| 2016 | $958 -15.1% | $137,500 -15.4% |
| 2015 | $1,129 | $162,500 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27587
Nearby schools
GreatSchools rating
- 4/10Harris Creek ElementaryGrades: PK-5Distance: 1.3 mi
- 9/10Rolesville Middle SchoolGrades: 6-8Distance: 2.3 mi
- 6/10Rolesville High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27587
- North Carolina
- Wake County
- Wake Forest
- 27587
- 4505 Mitchell Mill Rd




