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For sale
  • $1,100,000

    8341 Riley Hill Rd, Zebulon, NC 27597

    3beds
    1,080sqft
    Manufactured On Land, Residential, Manufactured Home
    Built in 1991
    35.57 Acres Lot
    $1,043,900 Zestimate®
    $1,019/sqft
    $-- HOA

    What's special

    Existing residence conveys as-is
    Investment Highlights: - 35.57± Acres in highly desirable Wake County, North Carolina - Private 0.80± Acre Lake (Gresham's Lake) offering beautiful water views and recreational opportunities - Approximately 270± Feet of Road Frontage - Development potential with 2-acre minimum lot zoning - Approximately 16± Acres of Mature Timber, providing privacy, wildlife habitat, and natural beauty - Gently rolling topography with elevations ranging from 288 to 324 feet - No FEMA 100-year or 500-year floodplain - Wetlands limited primarily to the lake and natural stream corridors - Existing residence conveys as-is - Excellent opportunity for a private estate, equestrian property, family compound, event venue, or future development - Approximately 25 minutes to Downtown Raleigh - Approximately 35 minutes to Raleigh-Durham International Airport (RDU) - Rare opportunity to own a substantial acreage tract in one of North Carolina's fastest-growing counties This exceptional property offers a lifestyle rarely available in today's market. Peaceful country living with convenient access to world-class employment, healthcare, dining, and entertainment. Properties of this caliber are becoming increasingly difficult to acquire in Wake County. Whether your goal is to create a private family estate, establish an equestrian property, host unforgettable events overlooking the water, or secure a long-term investment in one of the Southeast's strongest real estate markets, this is a legacy property with limitless possibilities. Some properties are purchased for today. Others are acquired for the generations that follow. This is one of those rare places. Whether preserved as a private family estate, developed into an equestrian retreat, or thoughtfully transformed into something entirely your own, this property offers far more than acreage, it offers the opportunity to create something lasting.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Walters 252-904-3184,

    Mossy Oak Properties Land and

    Source: Doorify MLS,MLS#: 10181354MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • None
      Cooling
      • Central Air
      Features
      • Flooring: See Remarks
      Interior area
      • Total structure area: 1,080
      • Total interior livable area: 1,080 sqft
      • Finished area above ground: 1,080
      • Finished area below ground: 0

      Property

      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Lake, Pasture, Trees/Woods, See Remarks
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 35.57 Acres
      • Features: Few Trees, Gentle Sloping, Lake on Lot, Open Lot, Pasture, Rolling Slope, Secluded, Views, Wetlands, Wooded, See Remarks
      Details
      • Parcel number: 1796431763
      • Zoning: R-40W
      • Special conditions: Standard
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: MobileManufactured
      • Architectural style: Traditional
      • Property subtype: Manufactured On Land, Residential, Manufactured Home
      Materials
      • Unknown, See Remarks
      • Foundation: See Remarks
      • Roof: Aluminum, See Remarks
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: See Remarks
      • Utilities for property: See Remarks

      Community & HOA

      Community
      • Subdivision: Not in a Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Zebulon

      Financial & listing details

      • Price per square foot: $1,019/sqft
      • Tax assessed value: $1,055,816
      • Annual tax amount: $802
      • Date on market: 7/20/2026
      • Road surface type: Paved
      • Body type: See Remarks

        Estimated market value

        $1,043,900

        $992,000 - $1.10M

        $1,952/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$1,100,000-4.3%$1,019/sqft
        Source: REALSTACK #112824 Report a problem
        3/30/2026Listing removed$1,150,000$1,065/sqft
        Source: Whitetail Properties #96909 Report a problem
        1/14/2026Listed for sale$1,150,000$1,065/sqft
        Source: Whitetail Properties #96909 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$803 +2.9%$1,055,816
        2024$780 +4.9%$1,055,816 +87.1%
        2023$744 +7.7%$564,254
        2022$690 +2.7%$564,254
        2021$672 +1.6%$564,254
        2020$662 $564,254 +28.1%
        2019-- $440,312
        2018-- $440,312
        2017-- $440,312
        2016$549 $440,312 -10%
        2015-- $489,299
        2014$589 $489,299
        2013-- $489,299 +0.5%
        2012-- $487,059
        2011-- $487,059
        2010-- $487,059
        2009-- $487,059
        2008-- --
        2007-- --
        2006-- --
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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: 27597

        Getting around

        2 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Wakelon Elementary
        • Middle: Wake - Zebulon Middle
        • High: Wake - East Wake High School

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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