Property listing for 1296 Barn Cat Way, Apex, NC 27502
For SaleTownhome

$470,000

1296 Barn Cat Way, Apex, NC 27502

Three-Story Townhome with Balconies Near Sweetwater Town Center

4 Bed · 3.5 Bath · 2,378 Sq Ft

Modern 4BR/3.5BA Smith Farm townhome with garage and community amenities

4

Beds

3.5

Baths

2,378

Sq Ft

2020

Built

0.04 acres

Lot

2-car attached

Garage

About 1296 Barn Cat Way

This three-story townhome on Barn Cat Way stands out for practical living and everyday convenience: multiple private balconies, generous ceiling heights, and a two-car attached garage make daily life effortless. Built in 2020 and laid out across 2,378 finished square feet, the home presents four bedrooms and 3.5 baths with an open, modern sensibility — hardwood floors on the main levels, solid-surface counters in the kitchen, and stainless-steel appliances that meet the demands of busy households.

Enter on the main level to a bright, expansive living area that transitions to a well-appointed kitchen. Counters of granite and contemporary cabinetry frame a functional work triangle; the breakfast bar and adjacent dining area are perfectly scaled for weekday routines and casual entertaining. Multiple balconies off the living spaces and upper bedrooms extend the footprint outdoors — small vignettes for morning coffee, an evening read, or container gardening.

Upstairs, the primary suite offers privacy and a well-sized bath while two additional bedrooms and a full bath provide flexibility for a home office, gym, or guest quarters. A third level includes a fourth bedroom and additional living/storage options, giving families multiple places to spread out. The home’s excellent condition reflects modern construction and thoughtful finish selections throughout.

Living here means Smith Farm’s community amenities are right at hand: a pool, clubhouse, playground and direct greenway access invite daily recreation. Commuters and errand-runners will appreciate being 0.2 miles from Sweetwater Town Center, 1.5 miles from Beaver Creek Commons and roughly 2 miles from Downtown Apex’s restaurants and shops. Top-rated Wake County schools (Olive Chapel Elementary, Lufkin Road Middle, Apex Friendship High) contribute to the neighborhood’s strong family appeal.

From an investment and lifestyle perspective this property sits comfortably within Apex’s active market. With a current valuation midpoint of $470,000 and limited inventory in the area, this townhome is a smart option for buyers seeking a newer, low-maintenance home in a walkable, amenity-rich pocket of the Raleigh-Cary MSA. Schedule a showing to tour the three-level layout and experience Smith Farm living in person.

Home Highlights

Move-in ready condition (built 2020)Modern kitchen with granite countertopsHardwood floors on main living levelsMultiple balconies for outdoor living2-car attached garageCommunity pool, clubhouse, playground, greenway accessLocated 0.2 miles from Sweetwater Town CenterHighly rated Wake County schools

Property Features

Interior Features

  • 4 bedrooms, 3.5 bathrooms
  • 2,378 SF across three stories
  • Hardwood floors on main living areas
  • Granite countertops
  • Stainless-steel appliances
  • Open kitchen with breakfast bar
  • Multiple private balconies
  • Primary suite with full bath
  • Laundry area (inside unit)

Exterior & Lot

  • 0.04-acre level lot
  • 2-car attached garage
  • Standard driveway frontage on Barn Cat Way
  • Low-maintenance yard
  • Community greenway access
  • Shingle roof, wood-frame construction

Location & Neighborhood

  • Smith Farm community — newer neighborhood
  • 0.2 mi to Sweetwater Town Center (shopping & dining)
  • 1.5 mi to Beaver Creek Commons
  • Approximately 2 mi to Downtown Apex
  • Access to community pool and clubhouse
  • Top-rated Wake County schools nearby

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities
  • Nearby parks and green spaces; Apex Community Park (≈3 mi)
  • Direct community greenway access for walking and biking
  • Sweetwater Town Center within a short walk
  • Community playground and pool for family recreation

Neighborhood & Location

Smith Farm is a family-oriented, newer community in Apex that blends planned amenities with easy access to daily destinations. Residents enjoy a community pool, clubhouse, playground and direct greenway connections, while Sweetwater Town Center — a short walk away — offers groceries, dining and services. Highly rated Wake County schools and quick access to Downtown Apex give the neighborhood a relaxed suburban feel with urban conveniences close by. The area attracts families and professionals looking for low-maintenance, amenity-rich living within the Raleigh-Cary MSA.

Market Insights

Apex’s Smith Farm sits squarely in a seller-favored market right now. Inventory is tight — roughly 2.5 months of supply — and the local average days on market is about 30 days, which means well-priced, well-presented homes typically receive attention quickly. Median sale prices in the immediate area hover near $475,000, with recent comps for similar Smith Farm townhomes clustering between $460K and $480K. One-year appreciation is modestly positive at about 5%, while five-year appreciation sits near 25%, reflecting steady demand as the town grows.

For this property type — newer, multi-level townhomes — buyer interest is strong among families seeking top-rated schools and professionals looking for lower-maintenance ownership close to shopping and transit corridors. Rental demand is also healthy: estimated monthly rents for comparable 4BR units are in the $2,300–$2,600 range, supporting investor interest if HOA rules permit leasing. Buyers should expect moderate competition and advise timely offers; sellers benefit from current market tailwinds but should confirm HOA rules and major-system conditions during due diligence.

Nearby Schools

Olive Chapel Elementary

Elementary

9/10

Lufkin Road Middle

Middle

10/10

Apex Friendship High

High

9/10

Walkability & Recreation

60
Walkability
75
Recreation

Very good outdoor access with direct greenway connections, community pool and playground, Apex Community Park about 3 miles away, and short walks to Sweetwater Town Center for errands and dining.

Investment Highlights

  • Modern construction (2020) with contemporary finishes
  • Located in Apex's rapidly growing Smith Farm community
  • Proximity to shopping and dining at Sweetwater Town Center and Beaver Creek Commons
  • Access to community amenities including pool and clubhouse
  • Highly rated schools in the Wake County Public School System

Key Findings

  • Assessed value $445,433 (land $90K, improvements $355,433) — annual taxes $3,909
  • Zoned PUD-CZ allowing residential townhomes
  • Comparable sales within 0.5 miles in last 6 months range $460K–$480K
  • Average days on market in Apex: 30 days (seller's market)

Things to Consider

  • HOA regulations and fees should be reviewed for any restrictions
  • Condition of major systems (HVAC, roof) should be assessed
  • Potential rental restrictions within the community

Opportunity Analysis

Modern townhome in a rapidly growing community with strong market fundamentals and desirable amenities. Proximity to shopping, dining, and highly rated schools enhances appeal. Limited inventory suggests potential for appreciation.

Potential Use Scenarios

  • Potential primary residence in a family-friendly community
  • Long-term rental investment given strong demand in Apex
  • Monitor HOA regulations for any rental restrictions

Risk Factors

  • HOA regulations may impact rental potential
  • Market conditions subject to change with new developments
  • Assessment of major systems needed to confirm condition

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$460K

Midpoint

$470K

High

$480K

$197.63/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and amenities. Assessed value of $445,433 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.

Market & Area Data

Market Trends

Area Median Price$475,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$85,000

Apex has experienced significant growth over the past decade, with a strong demand for residential properties. Walkability Rating estimate: 60/100.

Nearby Points of Interest

  • Sweetwater Town Center (0.2 mi)
  • Beaver Creek Commons (1.5 mi)
  • Downtown Apex (2 mi)
  • Apex Community Park (3 mi)

Proximity to shopping, dining, and entertainment at Sweetwater Town Center and Beaver Creek Commons. Easy access to outdoor recreation at Apex Community Park.

School District

DistrictWake County Public School System
ElementaryOlive Chapel Elementary (9/10)
MiddleLufkin Road Middle (10/10)
HighApex Friendship High (9/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2020
Constructionwood frame
Stories3
Roofshingle
Heatingforced air
Coolingcentral AC
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size0.04 acres (1,742 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageStandard frontage on Barn Cat Way

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodePUD-CZ
DescriptionPlanned Unit Development - Conditional Zoning
JurisdictionTown of Apex

Allowed Uses

residentialtownhomes
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$445,433
Land$90,000
Improvements$355,433
Annual Tax (2025)$3,909

Sale History

2020-08-25$387,000

$162.74/SF

New construction purchase

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