4.5 Acres in Apex NC Sells for Nearly $200,000 per Acre July 2022

Land Sales expert Eric Andrews represented the seller and sold this property in Apex NC. This was a land sale, consisting of 4.445 acres. The property closed on July 6, 2022.

This was unrestricted land, close to Jordan Lake in Apex.

As always, instead of creating a bidding war, Eric went high and found the top of the market. The property was listed for $1,000,000 and an $850,000 offer was accepted by the seller.

Unlike land sales from years past, this property was only on the market for 30 days. Remember when land used to take 2 – 3 years to sell?


This property was in Triangle MLS 2432022.

The original property description reads:

This is the Lewter Shop! Spectacular opportunity to buy acreage east of Jordan Lake. Unrestricted corner lot perfect for custom home or investment opportunity for small subdivision when sewer arrives or addtl perc sites discovered. No deed restrictions/covenants/HOA. Manufactured home needs work but could be temp home while you build/removed/in-law suite/rental. Pasture for horses/farm animals/hobby farm. Boats/workshop/play garage all okay on this level parcel w/natural spring in NW corner. Sold AS IS.