$100,000
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5505 Old Spring Drive, Raleigh, NC 27606

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Rare chance to own two neighboring parcels totaling over half an acre in a high-demand Triangle location. 5505 Old Spring Dr (.4 acre) is being sold together with the neighboring lot 5801 Heritage Springs Dr (.27 acre). Ideally situated just off Yates Mill Pond Road, you are minutes from the scenic Historic Yates Mill County Park and Lake Wheeler. Be in Downtown Raleigh or Downtown Cary in 15 mins, and only 20 minutes to RDU International Airport. Whether you choose to update the existing structure or explore a custom build-to-suit, this location offers the perfect balance of nature and urban convenience.

Listing By: Misty Gonzalez - Daymark Realty nctriangle Realty.com
  • MLS# 10163724
  • Date Listed03/19/2026
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.4 acres (17,424 sq. ft)
  • Sewer Septic Needed
  • Subdivision Heritage Spring Acres
  • Property Type Unimproved Land
  • County Wake
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.40
  • Lot Size SQFT 17,424.00
  • Lot Features -

Directions

From RDU - Follow I-40 East for approximately 11 miles, then take exit 293 to merge onto I-440 East/US-1 South/US-64 West toward Sanford/Cary. Continue for roughly 3 miles and take exit 98A for US-401 South/Tryon Road. Turn right onto SE Tryon Road and follow it for about 2 miles before turning left onto Lake Wheeler Road. Shortly after, turn right onto Simpkins Road, then make another right onto Old Spring Drive. The destination will be on your left.

Financial Considerations

  • Tax Amount $448
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 27606

Explore the local neighborhood highlights and top-rated schools near 27606 in Raleigh, NC.

Nearby Schools

Source: School Digger

Yates Mill Elementary

Public • PK - 5 • Serves this home

3.06 mi

Distance

Dillard Drive Elementary

Public • PK - 5

3.55 mi

Distance

Smith Elementary

Public • PK - 5

4.6 mi

Distance

Combs Elementary

Public • PK - 5

5.38 mi

Distance

Vandora Springs Elementary

Public • PK - 5

6.4 mi

Distance

Middle Creek Elementary

Public • PK - 5

6.4 mi

Distance

West Lake Elementary

Public • PK - 5

7.17 mi

Distance

Vance Elementary

Public • PK - 5

7.28 mi

Distance

Aversboro Elementary

Public • PK - 5

7.48 mi

Distance

Adams Elementary

Public • PK - 5

7.73 mi

Distance

Dillard Drive Middle

Public • 6 - 8

3.88 mi

Distance

Centennial Campus Middle

Public • 6 - 8

4.55 mi

Distance

Connections Academy Middle School

Public • 6 - 8

6.03 mi

Distance

West Lake Middle

Public • 6 - 8

7.17 mi

Distance

Wake Young Women's Leadership Academy

Public • 6 - 12 • Serves this home

7.38 mi

Distance

Carnage Middle

Public • 6 - 8

7.56 mi

Distance

East Cary Middle School

Public • 6 - 8

7.73 mi

Distance

Ligon Middle

Public • 6 - 8

8.18 mi

Distance

Moore Square Museum Magnet Mid

Public • 6 - 8

8.87 mi

Distance

Longleaf School Of The Arts

Public • 9 - 12

5.13 mi

Distance

Score Academy

Public • 9 - 12

5.16 mi

Distance

Crossroads Flex High School

Public • 9 - 12

5.16 mi

Distance

Athens Drive High

Public • 9 - 12

5.37 mi

Distance

Garner High

Public • 9 - 12

5.41 mi

Distance

Nc Virtual Public School

Public • 9 - 9

5.76 mi

Distance

Wake Stem Early College High School

Public • 9 - 12 • Serves this home

6.11 mi

Distance

Vernon Malone College And Career Academy

Public • 9 - 12

6.33 mi

Distance

Middle Creek High

Public • 9 - 12

6.4 mi

Distance

Cary High

Public • 9 - 12

6.93 mi

Distance

Wake Christian Academy

Private • KG - 12

3.36 mi

Distance

Learn With The Best

Private • KG - 10

5.48 mi

Distance

Grace Christian School

Private • KG - 12

6.03 mi

Distance

Grace Christian Elementary School

Private • KG - 12

6.03 mi

Distance

Saint Mary's School

Private • 09 - 12

7.82 mi

Distance

Heartwood Village

Private • PK - 12

8.76 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 27606

Discover key demographics, population statistics, and environmental insights for the Raleigh, NC area.

Population & Environment

Source: Sperling's Best Places

Walkability in NC / 27606

Source: Walk Score

0/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

25/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 8/100, Bike Score: 25/100.

Property Change History

List Price decreased from $180,000 to $100,000

Points of Interest near 5505 Old Spring Drive, Raleigh, NC 27606

Frequently Asked Questions for 5505 Old Spring Drive

Source: Realty.com

5505 Old Spring Drive, Raleigh, NC 27606 in Heritage Spring Acres, Raleigh, NC 27606 is a unimproved land listed at $100,000. Highlights include 0.40 acre lot. Realty.com has 3 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 3 photos of 5505 Old Spring Drive.

The full address for this home is 5505 Old Spring Drive, Raleigh, NC 27606.

5505 Old Spring Drive has been listed on Realty.com since Thu March 19, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 8/100, Bike Score: 25/100.

There are 3 schools assigned to this home. Check out the schools near 5505 Old Spring Drive. Yates Mill Elementary (Grades: PK - 5), Wake Young Women's Leadership Academy (Grades: 6 - 12), Wake Stem Early College High School (Grades: 9 - 12)

Listing provided courtesy of: Daymark Realty (tel: 919-882-6700)
Listing agent: Misty Gonzalez (#100054)

This content last refreshed on 2026-07-13 07:00:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.