**Rare 5-Acre Opportunity: Land Value, Endless Potential, No Restrictions** Escape the ordinary without leaving convenience behind. Tucked away on nearly 5 private acres, this rustic ranch delivers the feel of a mountain retreat while remaining just minutes from shopping, dining, and major corridors. This is a land-first opportunity. The property has been unoccupied for the past five years and is being sold as-is, offering buyers the rare chance to either renovate the existing home to their vision or start fresh on an exceptional parcel with no HOA, no city taxes, and no deed restrictions limiting your plans. The home itself offers a strong foundation to build upon. An expansive 1,800 SF unfinished basement, already roughed in for a full bath, provides significant upside for a bonus room, additional garage space, or an entirely separate living area. A massive barn with a dedicated workshop rounds out the property, and nature lovers will appreciate the direct border access to the American Tobacco Trail. Whether you're an investor, a renovator, or a buyer seeking land with room to grow and build equity, this property checks every box. Opportunities like this, unrestricted acreage with this much upside, rarely come to market at this price point.
For sale
Price cut: $50K (7/30)
$1,349,000
4204 Pine Rail Ln, Apex, NC 27523
4beds
2,178sqft
Single Family Residence
Built in 1979
4.68 Acres Lot
$1,287,000 Zestimate®
$619/sqft
$-- HOA
What's special
Rustic ranch
- 76 days
- 754
- 39
Zillow last checked:
Listing updated:
Listed by:
Srini Motamarri 919-389-8028,
Splendid Homes Realty Inc.,
Yugandhar Chedalla 919-670-7002,
Splendid Homes Realty Inc.
Source: Doorify MLS,MLS#: 10175433
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Heating
- Baseboard, Forced Air, Hot Water, None, Propane, Radiant
Cooling
- Central Air, Electric
Appliances
- Included: Cooktop, Dryer, Free-Standing Refrigerator, Propane Cooktop, Refrigerator, Range Hood, Washer, Washer/Dryer
- Laundry: Inside, Main Level, Washer Hookup
Features
- Ceiling Fan(s), Crown Molding, His and Hers Closets, Laminate Counters
- Flooring: Hardwood, Luxury Vinyl, Tile, Vinyl
- Windows: Skylight(s)
- Basement: Concrete,Daylight,Unfinished,Walk-Out Access
- Fireplace features: Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,178
- Total interior livable area: 2,178 sqft
- Finished area above ground: 2,178
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Basement, Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 1
- Patio & porch: Deck
- Exterior features: Playground, Rain Gutters
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4.68 Acres
- Features: Many Trees, Wooded
- Residential vegetation: Wooded
Details
- Additional structures: Outbuilding, Shed(s), Storage
- Parcel number: 072403204109000 0107996
- Zoning: R-40W
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Block, Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Propane, Water Not Available
Community & HOA
Community
- Features: Park
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Apex
Financial & listing details
- Price per square foot: $619/sqft
- Tax assessed value: $898,423
- Annual tax amount: $5,766
- Date on market: 6/20/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional
- Road surface type: Gravel
Estimated market value
$1,287,000
$1.22M - $1.35M
$2,921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $1,349,000-3.6%$619/sqft |
Source:  Doorify MLS #10175433 Report a problem | ||
| 6/20/2026 | Listed for sale | $1,399,000+93.6%$642/sqft |
Source: Doorify MLS #10175433 Report a problem | ||
| 7/1/2021 | Sold | $722,500-6.8%$332/sqft |
Source: Public Record Report a problem | ||
| 5/4/2021 | Pending sale | $774,900$356/sqft |
Source: Doorify MLS #2366697 Report a problem | ||
| 4/2/2021 | Price change | $774,900-3.1%$356/sqft |
Source: Doorify MLS #2366697 Report a problem | ||
| 2/16/2021 | Listed for sale | $799,900$367/sqft |
Source: Doorify MLS #2366697 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,766 +3% | $898,423 |
| 2024 | $5,599 +50.1% | $898,423 +88.7% |
| 2023 | $3,731 +7.9% | $476,015 |
| 2022 | $3,458 +2.8% | $476,015 |
| 2021 | $3,365 +1.7% | $476,015 |
| 2020 | $3,309 +3.1% | $476,015 +21.8% |
| 2019 | $3,211 | $390,748 |
| 2018 | $3,211 +14.8% | $390,748 |
| 2017 | $2,798 +2.1% | $390,748 |
| 2016 | $2,742 +1% | $390,748 +0.7% |
| 2015 | $2,714 +5.5% | $387,943 |
| 2014 | $2,573 | $387,943 |
| 2013 | -- | $387,943 |
| 2012 | -- | $387,943 |
| 2011 | -- | $387,943 |
| 2010 | -- | $387,943 |
| 2009 | -- | $387,943 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27523
Nearby schools
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
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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