$625,000
4 Bed · 2.5 Bath · 2,551 Sq Ft
Updated 4BR/2.5BA ranch with metal roof, large wooded yard, no HOA
4
Beds
2.5
Baths
2,551
Sq Ft
1964
Built
0.51 acres
Lot
No garage — driveway parking
Garage
This Greenwood Forest ranch announces itself first with scale: a generous 0.51-acre, largely wooded parcel that gives the house real separation from the street while remaining an easy half-mile walk to Downtown Cary. The 2,551 SF single-story plan was thoughtfully reworked during a 2022 renovation and shows the kind of practical upgrades that make daily life easier—new HVAC, plumbing, electrical, gas water heater and a sealed crawlspace—plus a commercial-grade metal roof added in 2025 for long-term peace of mind.
Inside, the home balances classic proportion and modern finishes. Refinished hardwoods flow through principal living spaces and into a formal living room and an adjacent sitting room anchored by a fireplace. The kitchen, remodeled in 2022, includes bar seating, a custom pantry and updated appliances; a nearby flex room off the kitchen works well as a home office, playroom, or casual family room. A spacious dining room sits ready for both weeknight meals and holiday gatherings.
Four bedrooms and 2.5 baths are arranged for flexibility: a primary suite opportunity on the main level and three additional bedrooms ideal for kids, guests or a second office. Practical touches—an oversized laundry/drop zone, modern lighting and plumbing fixtures, and LVP flooring where durability matters—underscore the move-in-ready condition. The home has no HOA, offering freedom to adapt the lot over time; zoning (R-12) supports accessory dwelling units for those considering an ADU project.
Outdoors, the yard is a standout: deep, tree-lined privacy with roughly 100 feet of Washington Street frontage, established landscaping, and a dedicated dog run already in place for pet owners. Driveway parking accommodates multiple vehicles. With walkability to Downtown Cary's restaurants, shops and cultural venues, easy access to Kildaire Farm Road and short drives to WakeMed Cary and Fred G. Bond Metro Park, this property pairs suburban space with urban convenience.
From a value perspective, recent comps in Greenwood Forest point to a $600K–$650K range; the property’s updates and lot size place it competitively within that band. Buyers seeking a comfortable primary residence with reduced near-term maintenance, or investors looking at solid rental demand, will find this renovated ranch a compelling option.
Greenwood Forest blends mature lots and mid-century ranches with convenient access to Downtown Cary. Residents enjoy short walks to an eclectic mix of restaurants, independent shops and community events, while major corridors provide quick commutes to Raleigh and Research Triangle Park. The neighborhood’s large parcels and tree canopy create a suburban feel within reach of urban amenities. Top-rated Wake County schools, nearby parks and an active local scene make this area especially appealing to families and professionals seeking both space and walkability.
Cary’s Greenwood Forest currently sits in a balanced-to-leaning-seller market. Local inventory is tight at roughly 2.5 months supply—below a neutral 4–6 month range—while the average days on market in the area is about 44 days, indicating reasonably paced activity rather than rapid bidding wars. Median sale prices in the broader area are near $525,000 with one-year appreciation modest at ~5% and five-year growth at roughly 25%, reflecting sustained demand from professionals and families.
Single-family homes—particularly renovated ranches on larger lots—perform well here, often selling close to or above recent comp ranges when systems and roofs are updated. Comparable sales within 0.5 miles in the past six months cluster between $600,000 and $650,000, supporting a midpoint valuation around $625,000 for this property given its 2022 systems work and the 2025 metal roof. Low inventory and stable buyer interest make this a strong time for sellers, while buyers who prioritize upgraded systems and a rare half-acre lot in walking distance to Downtown Cary may find fewer comparable opportunities. Key due diligence items remain: confirm foundation and roof documentation, review permitting for past renovations, and complete a professional inspection.
Cary Elementary
Elementary
East Cary Middle
Middle
Cary High
High
Very good access to outdoor recreation with Downtown Cary amenities steps away, Fred G. Bond Metro Park about 3 miles out, neighborhood greenways and local parks for everyday activity.
Well-maintained ranch in a prime Cary location with recent renovations and below-assessed-value pricing. Large lot and no HOA provide flexibility. Strong market appreciation and demand suggest solid investment potential.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$600K
Midpoint
$625K
High
$650K
$245/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in the last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $515,855 appears below market.
As of 2026-03-07
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Cary's median home values increased 25% from 2020-2025. Strong demand from professionals and families. Walkability Rating estimate: 65/100.
Walkable to Downtown Cary's restaurants, shops, and cultural venues. Proximity to Cary Towne Center and major highways provides convenient access to broader amenities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
Transfer between family members
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