Quick Bits
Price Range: $150,000 to $1,000,000+
Home Types: Single Family, Townhome, and Condos
Size: Over 1900 homes
Location: South Cary
Age Range: Built from mid 1980s to mid 1990s
List of Current Lochmere Homes for Sale
Map of Current Lochmere Homes for Sale
About Lochmere
Lochmere has been an immensly popular subdivision in Cary for the last 20 years. It's situated in a wooded setting with two lakes, walking trails, swimming, tennis, and golf club. Starting with the original Lochmere section, the subdivisions popularity has grown to include Lochmere Highlands, Lochmere Village, and the prestigous Lochmere Birkhaven.
The majority of single family homes are in the $350,000 to $450,000 range, with lakefront estates running around the $1,000,000 point. However, there are also condos and townhomes available under $200,000 to provide Lochmere living to a broad range of budgets.
Lochmere Golf Club is a semi-private club with an 18 hole course, practice facilities, and a pro shop. Lochmere Golf Club runs programs for men, women, beginners, and youth, so it has something to offer all interested golfers in the community.
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Location
Lochmere is located directly south of the heart of Cary off Kildaire Farm Road. It's bounded by Tryon Road on the North, Holly Springs Road to the east, Penny Road to the south, and Hemlock Bluffs Nature Preserve to the west. It's convenient to shopping at Crossroads and Waverly Place, has 3 or 4 nearby grocery stores, and plenty of restaurants nearby, from Rudino's Pizza and Grinders, to Danny's Barbeque, to Jack Astors. It's also close to US1 and I-40 making it easy to commute to anywhere in the Triangle
Things to do
There's a wealth of things to do near Lochmere, starting with Hemlock Bluffs Nature Preserve located right across the street. Hemlock Bluffs offers nature education at the Stevens Nature Center year round, and there are miles of trails to walk with plenty of observation platforms.
Also nearby 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 5 to 10 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
You can see from the graphs that Lochmere has held up relatively well through the recent economic turmoil. The average price per square foot has come down somewhat from a year ago, but it was, quite surprisingly, near it's all time high. Sales volume has remained flat over the last year at 15 single family sales per quarter. This is well below the sales volume enjoyed during the heyday, but also quite resistant to the seasonal flucuation that most large neighborhoods typically undergo.
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