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.
For sale
$1,100,000
8341 Riley Hill Rd, Zebulon, NC 27597
3beds
1,080sqft
Manufactured On Land
Built in 1991
35.57 Acres Lot
$1,016,300 Zestimate®
$1,019/sqft
$-- HOA
What's special
Existing residence conveys as-is
- 52 days
- 274
- 17
Zillow last checked:
Listing updated:
Listed by:
Andrew Walters 252-904-3184,
Mossy Oak Properties Land and
Source: Doorify MLS,MLS#: 10181354
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
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, See Remarks, Trees/Woods
- 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, See Remarks, Views, Wetlands, Wooded
- Residential vegetation: Brush, Grassed, Natural State, Partially Wooded, See Remarks
Details
- Parcel number: 1796431763
- Zoning: R-40W
- Special conditions: Standard
- Horse amenities: See Remarks
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Traditional
- Property subtype: Manufactured On Land
Materials
- See Remarks, Unknown
- 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
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
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Road surface type: Paved
- Body type: See Remarks
Estimated market value
$1,016,300
$965,000 - $1.07M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $1,100,000-4.3%$1,019/sqft |
Source: REALSTACK #112824 Report a problem | ||
| 3/30/2026 | Listing removed | $1,150,000$1,065/sqft |
Source: Whitetail Properties #96909 Report a problem | ||
| 1/14/2026 | Listed for sale | $1,150,000$1,065/sqft |
Source: Whitetail Properties #96909 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 27597
Nearby schools
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.




