Greystone Subdivision in Cary NC

Quick Bits

Price Range: $200,000 to $500,000
Home Types: Single Family and Townhome
Size: 275 homes
Location: Northwest Cary
Age Range: 2007 to 2010

List of Current Greystone Homes for Sale

Map of Current Greystone Homes for Sale

About Greystone

Greystone is a new construction M/I Homes neighborhood being built in the northwestern part of Cary. The subdivision has four sections, The Gabels at Greystone, The Overlook at Greystone, The Estates at Greystone, and Greystone Mews Townhomes.  Amenities in Greystone include a swimming pool, clubhouse, volleyball court, and playground. 

In the last year single family homes have ranged from $285,000 to just under $510,000, and townhomes have ranged from $210,000 to $280,000.

Location

Greystone is located at the intersection of Green Level Church Rd (used to be Green Level to Durham) and Morrisville Parkway.  Once 540 is complete Greystone will be close enough to the Green Level Rd exit to be convenient, but far enough that road noise shouldn't be an issue.  It is also close to Mills Park Elementary School and Thomas Brooks Park.

Things to do

Nearby is Thomas Brooks Park which has 4 lighted baseball diamonds, 2 basketball slabs, 2 soccer fields, a playground and picnic areas.  Thomas Brooks Park is also home to the USA Baseball National Training Complex.  There is plenty of shoping and restaurants at The Streets at Southpoint, a new mall on the south side of Durham that is only minutes away.  Also, Beaver Creek Commons shopping center is to the south at the intersection of NC-55 and US-64.

On the south side of Cary is the Koka Booth Amphitheater which runs events ranging from Shakespearian plays to classic rock concerts to hosting the Raleigh Symphony for a summer pops series. The Amphitheater is located in Regency Park and also hosts a huge 4th of July celebration every summer.

Within 10 to 15 minutes you can also go to the movies, go ice skating, roller skating, bowling, and visit numerous Cary Parks. If you open your drive up a bit you can spend an afternoon boating on Jordan Lake, enjoy the museums in downtown Raleigh, expand your education at one of the eight local colleges and universities, or attend a major sporting event at one of our three local ACC schools. And for hockey fans Raleigh is home to the Carolina Hurricanes.

Trends

The average price per square foot took a dip during the recent economic slump, and that is also when Greystone focused on building townhomes. The volume of sales has been healthy enough for this subdivision to make it into the top ten sellers in the last 12 months. This is especially true when you realize that as a builder not all of their sales were listed in MLS.  The average price has risen somewhat in the last 12 months as M/I has focused on selling homes in the Estates section.