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 Okeefe Plan, a stunning example of luxury living. With 4,544 heated square feet, this home boasts 5 bedrooms, 4 full baths, 1 half bath, and a spacious 3-car garage. Highlights include soaring two-story foyer entrance, premium Wolf/Sub-Zero appliances, a floating staircase 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. 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.
New construction
Price cut: $1.8M (2/19)
$2,481,250
5101 Olde South Rd, Raleigh, NC 27606
4beds
4,544sqft
Est.:
Single Family Residence, Residential
Built in 2026
8.79 Acres Lot
$-- Zestimate®
$546/sqft
$-- HOA
What's special
Sleek modern exterior designWooded sanctuarySoaring two-story foyer entranceStriking two-story windowsFloating staircaseExpansive property
- 457 days |
- 709 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2026 at 11:55am
Listed by:
Jim Allen 919-645-2114,
Coldwell Banker HPW,
Joshua Gibbons 919-455-3300,
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 10069064
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Zoned
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Bathtub/Shower Combination, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Master Downstairs, Quartz Counters, Recessed Lighting, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
- Flooring: Carpet, Ceramic Tile, Hardwood, Tile
- Doors: Sliding Doors
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Log
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,544
- Total interior livable area: 4,544 sqft
- Finished area above ground: 4,544
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Inside Entrance
- Attached garage spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Porch, Rear Porch, Screened
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
Lot
- Size: 8.79 Acres
- Features: Back Yard, Front Yard, Landscaped
Details
- Additional structures: None
- Parcel number: 0781565997
- Zoning: R40-W
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional, Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Fiber Cement
- Foundation: Permanent
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2026
- Major remodel year: 2026
Details
- Builder name: Exeter Building Company Inc
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Septic Available, Water Available, Underground Utilities
Green energy
- Energy efficient items: Appliances, Thermostat
Community & HOA
Community
- Features: None
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $546/sqft
- Tax assessed value: $1,040,058
- Annual tax amount: $6,672
- Date on market: 1/3/2025
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$7,035/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Price change | $675,000-72.8%$149/sqft |
Source:  Doorify MLS #10084574 Report a problem | ||
| 10/27/2025 | Price change | $2,481,250+254.5%$546/sqft |
Source: Doorify MLS #10069064 Report a problem | ||
| 5/6/2025 | Price change | $700,000-71.8%$154/sqft |
Source: Doorify MLS #10084574 Report a problem | ||
| 5/6/2025 | Price change | $2,481,250+230.8%$546/sqft |
Source: Doorify MLS #10069064 Report a problem | ||
| 3/25/2025 | Price change | $750,000-72.5%$165/sqft |
Source: Doorify MLS #10084574 Report a problem | ||
| 1/9/2025 | Listed for sale | $2,725,000+81.7%$600/sqft |
Source: Doorify MLS #10069064 Report a problem | ||
| 9/23/2024 | Listing removed | $1,500,000$330/sqft |
Source: Doorify MLS #10052245 Report a problem | ||
| 9/12/2024 | Listed for sale | $1,500,000-16.2%$330/sqft |
Source: Doorify MLS #10052245 Report a problem | ||
| 3/30/2024 | Listing removed | -- |
Source: Doorify MLS #2534894 Report a problem | ||
| 1/3/2024 | Price change | $1,789,999+359%$394/sqft |
Source: Doorify MLS #2534894 Report a problem | ||
| 9/30/2023 | Price change | $389,999-72.1%$86/sqft |
Source: Doorify MLS #2534895 Report a problem | ||
| 9/30/2023 | Listed for sale | $1,400,000$308/sqft |
Source: Doorify MLS #2534894 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,672 +3% | $1,040,058 |
| 2024 | $6,479 +5.4% | $1,040,058 +32.4% |
| 2023 | $6,145 +7.9% | $785,507 |
| 2022 | $5,693 +2.8% | $785,507 |
| 2021 | $5,540 +1.7% | $785,507 |
| 2020 | $5,448 -4.2% | $785,507 +13.2% |
| 2019 | $5,688 | $693,998 |
| 2018 | $5,688 +14.8% | $693,998 |
| 2017 | $4,954 +2.1% | $693,998 |
| 2016 | $4,854 +23.5% | $693,998 +23.3% |
| 2015 | $3,930 +5.5% | $562,977 |
| 2014 | $3,724 | $562,977 |
| 2013 | -- | $562,977 |
| 2012 | -- | $562,977 |
| 2011 | -- | $562,977 |
| 2010 | -- | $562,977 -45.5% |
| 2009 | -- | $1,033,772 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,653/mo
Principal & interest
$12247
Property taxes
$1406
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Climate risks
Neighborhood: 27606
Nearby schools
GreatSchools rating
- 7/10Yates Mill ElementaryGrades: PK-5Distance: 1.6 mi
- 7/10Dillard Drive MiddleGrades: 6-8Distance: 2.4 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Wake - Yates Mill
- Middle: Wake - Dillard
- High: Wake - Athens Dr
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 27606
- North Carolina
- Wake County
- Raleigh
- 27606
- 5101 Olde South Rd
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