$6,000,000

611 Powell Dr Raleigh, NC 27606

5.8 acres
Land

Property details

About 611 Powell Dr

One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites. Zoned R4 with ability to build Single Family Homes or 2 townhomes with a 65' width minimum under the conventional development option, see Raleigh UDO for minimum lot requirements. Raleigh UDO: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance The lot being sold is approximately 985ft x 252ft. The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k. Homes are of no value and both parcels of 611 and 613 Powell will only be sold together. Cameras onsite, please do not walk property without an appointment.

Highlights

Home typeUnimproved Land
StatusActive
Lot size5.85 Acres
MLS #10074150

Summary

  • List Price: $6,000,000
  • Annual Tax Amount: $8,869
  • Tax Year: 2024
  • Lot: City Lot, Gentle Sloping, Trees, Near Public Transit, Cleared, Split Possible, See Remarks
  • Directions: From 40- Take Hillsborough exit towards Raleigh. Right on Powell Dr. Property will be on your left.
  • Lot Size: 5.85 Acres
  • MLS Number: 10074150
  • MLS Name: Doorify MLS
  • Office Name: Better Homes & Gardens Real Es
  • Office Phone: (919) 439-2168
  • Office Email: btaylor@paraclerealty.com
  • Listing Agent: Kathryn Michelle MacKinnon

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 12:50:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

611 Powell Dr, Raleigh, NC 27606

$6,000,000

611 Powell Dr

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,018,990$8,869
2023$587,452$6,423
2022$587,452$5,967
2021$587,452$5,735
2020$587,452$5,631
2019$434,060$4,762
2018$434,060$4,535

History based on county public records data.

Nearby schools

6

Combs Magnet Elementary School

Public Magnet PK-5

0.8 mi

2001 Lorimer Rd

5

Olds Elementary School

Public District PK-5

2.1 mi

204 Dixie Trl

3

Dillard Drive Elementary School

Public District PK-5

2.2 mi

5018 Dillard Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,527. The majority of Raleigh, NC residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

41%
<35k
37%
35k-100k
21%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
8%
Single, with Kids
14%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
46%
18-34 yrs old
29%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 611 Powell Dr

The listing price of 611 Powell Dr property is $6,000,000.

The property 611 Powell Dr is land located in Raleigh, North Carolina, 27606.

Active Listing: 611 Powell Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 611 Powell Dr are: Combs Magnet Elementary School (GreatSchools Rating 6/10), Olds Elementary School (GreatSchools Rating 5/10), Dillard Drive Elementary School (GreatSchools Rating 3/10), Mount Vernon (GreatSchools Rating 3/10), Connections Academy (GreatSchools Rating 1/10), Centennial Campus Magnet Middle School (GreatSchools Rating 5/10), Athens Drive Magnet High School (GreatSchools Rating 8/10), Score Academy (GreatSchools Rating 1/10), Crossroads Flex (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $8,869 (source: MLS/based on county public records data).

The property 611 Powell Dr is 5.85 acres.

This home is located at 611 Powell Dr in Raleigh, NC and zip code 27606 in the West Raleigh neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 1, 2025 and is currently priced at $6,000,000.

While more than 113 listings in Raleigh, NC in May 2025 were sold above asking price, there were more than 122 listings sold at asking price, and more than 309 were sold below. The inventory of homes for sale in Raleigh, NC between April and May 2025 increased by 8%. In May 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $458,464.

From Rocket Homes Real Estate and based on county public records data.

More resources