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517 Sorrell St
Land
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$500,000

517 Sorrell St, Cary

34% below median
0 bd·0 ba·0 sqft
16,988 sqft lot

517 Sorrell St, Cary, NC

0 bd · 0 ba · 0 sqft Land listed at $500,000.

About this home

Discover a prime investment opportunity at 517 Sorrell St, a beautiful 0.39-acre plot of land situated within the Maynard Loop in Cary, NC. This fantastic location offers unparalleled convenience to downtown Cary, I-40, Amtrak and RDU Airport, making it an ideal spot for both residential development and future growth.The lot features a generous depth, allowing for a spacious backyard oasis while maintaining proximity to the vibrant downtown area and its amenities. The current zoning allows for the potential construction of single-family homes or a duplex, making it a versatile option for builders and investors alike. Additionally, there are two adjacent properties currently for sale: 511 Sorrell St at $550K and 519 Sorrell St at $600K, providing an excellent opportunity for collective development or larger investment projects. Don't miss out on this promising parcel of land in one of Cary's most sought-after locations! Whether you're looking to invest in your future or develop a dream property, 517 Sorrell St is the perfect canvas for your vision!

What it's like to live here

AI

Listed by

Leslie Douglas

The Douglas Realty Group

Property details

Price
$500,000
Bedrooms
0
Bathrooms
0
Lot size
16,988 sqft
Type
Land
Days on market
371
Est. property tax
$4,100/yr · $342/mo · 0.82% NC avg

Estimated monthly payment

Down payment20% ($100,000)
Interest rate6.75%
Principal & Interest$2,594
Property Tax$458
Insurance$150
Total$3,203/mo

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Price history

9.1%Most recent change on 2025-08-17: $550,000$500,000.

$555K$525K$495K$550K on May 25 (Initial list)$500K on Aug 25 (Price change)
$550K · May 25$500K · Aug 25
  1. Aug 17, 2025$500,000Price change
  2. May 17, 2025$550,000Initial list price

Location

This home is located in Cary, NC, in the Raleigh-Durham area. Browse more Cary listings on the Cary market page or explore the full Cary market report.

About Cary: Cary is a town in Wake, Chatham, and Durham counties in the U.S. state of North Carolina and is part of the Raleigh-Cary, NC Metropolitan Statistical Area. According to the 2020 census, its population was 174,721, making it the seventh-most populous municipality in North Carolina, and the 146th-most populous in the United States. In 2023, the town's population had increased to 180,010. (source: Wikipedia)

Climate: Average year-round temperature is 62°F with 222 dry days per year and 45.7 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 27513)

Median age is 39.9; 39% hold a bachelor's degree; 63% of homes are owner-occupied; median household income is $116,669.

Median income
$116,669
Median age
39.9
Owner-occupied
63.3%
Bachelor's degree
38.9%
Census median home value
$432,500

Source: US Census Bureau American Community Survey 5-year estimates.

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