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Stonewater Subdivision in Cary NC

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Stonewater Recreation CenterQuick Bits

Price Range: $160,000 to $420,000
Home Types: Single Family and Townhome
Size: 580 homes
Location: Northwest Cary
Age Range: 2006 to 2010

List of Current Stonewater Homes for Sale

Map of Current Stonewater Homes for Sale

 

 

About Stonewater

Stonewater has the honor of being the best selling subdivision in the last 12 months in Cary.  The neighborhood is being built by Lennar, and they clearly are building the right homes, in the right location, at the right price.

Stonewater PoolAmenities in Stonewater include a junior olympic sized swimming pool, recreation center, walking paths, and a site for a future town park.  An area has also been set aside for a village shopping area, although construction has not yet begun.

In the last year single family homes have ranged from $200,000 to just under $420,000, and townhomes have ranged from $160,000 to $235,000.

 

 

 

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Location

Stonewater is located about 1 mile west of NC-55 off Okelly Chapel Road.  It is, at this time, in the farthest northwest part of Cary, and therefore it is extremely convenient to Durham, Chapel Hill and Research Triangle Park.  The subdivision is close to the NC-55 exit off 540, but it is NOT adjacent to the highway, so noise is not an issue.

 

 

 

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. 

Stonewater Home by LennarOn 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

Graph of Average SP per Sq Ft in StonewaterThe average price per square has stayed fairly stable through the development of this subdivision, which is quite a feat in today's market. The volume of sales has been healthy enough to make this the highest selling subdivision over the last 12 months.  The average sale price of single family homes has decreased some over the last year, but Stonewater also has sections at different price points, which probably accounts for this decrease.

 

 

 

Graph of Number of Homes Sold in Stonewater

 Graph of Average Sale Price in Stonewater

Posted by

                                                                                                                                                                       

Ken Gramley
Fonville Morisey Realty
1149 Kildaire Farm Rd
Cary, NC 27511

(919) 414-1961
www.KenGramley.com
ken@kengramley.com

Try the most innovative subdivision search around!

StepStone Realty
StepStone Realty, LLC - Austin, TX
Freedom to Succeed

This is an example of an outstanding blog report about a neighborhood.  Good pictures, nice layout... love the graphs.... well done, Ken!

Sep 28, 2010 11:15 AM
Ken Gramley
Cary, NC

Dan, thanks for the compliment!

Sep 30, 2010 06:08 AM
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

Nice post, Ken!  This looks like a great neighborhood with a lot to do in the surrounding areas.   Beatuifully done.

Oct 03, 2010 03:41 AM
Ken Gramley
Cary, NC

Thanks Elyse!  This section of town has been incredibly popular and successful.  I believe our town planners are eventually expecting to have around 40,000 people living in northwest Cary.  I appreciate your reading it!

Oct 03, 2010 11:23 AM