Property listing for 201 Riverwalk Cir, Cary, NC, 27511
For SaleTownhome

$370,000

201 Riverwalk Cir, Cary, NC, 27511

Lake-View End-Unit Townhome with Walkout Basement and New Deck

3 Bed · 2.5 Bath · 1,675 Sq Ft

Light-filled Cary townhome—1,675 SF plus 835 SF of potential

3

Beds

2.5

Baths

1,675

Sq Ft

1993

Built

About 201 Riverwalk Cir, Cary, NC, 27511

This end-unit townhome on Riverwalk Circle stands apart for its water-facing setting and thoughtful, flexible layout. From the moment you step into the freshly painted main living area you’ll notice the extra side windows that expand sightlines across the lake; newer laminate flooring runs through the main level giving the space a warm, contemporary foundation. A sunroom with double doors opens off the living area—its quiet vantage point delivers unobstructed lake views and functions equally well as a reading nook, home office, or a peaceful spot to start the day.

Upstairs, brand-new carpet leads to three well-proportioned bedrooms, including a primary suite finished with the same newer laminate mentioned below. Two full baths upstairs and a convenient main-level half bath keep everyday routines comfortable for family and guests. The new deck, installed off the main level, lengthens the living space outdoors and creates an ideal setting for evening dinners or casual gatherings with the water as a backdrop.

The lower level is where this home’s potential becomes most tangible: an 835-square-foot unfinished walkout basement is already plumbed for a future full bath and bedroom. With daylight from the walkout, this area can transform into a guest suite, a dedicated home office, a fitness room, or an expansive rec room—whichever best fits your lifestyle. The combination of finished living above and versatile, unfinished space below makes this property uniquely well-suited for buyers who want move-in readiness with room to add value.

Located in one of Cary’s desirable pockets, the home places you minutes from top-rated schools, shopping, dining, and the town’s greenway network. Whether you’re drawn to the daily convenience of nearby amenities or the calming presence of the lake, this townhome offers both practical comfort and long-term upside. Priced at $370,000—aligned with the local valuation midpoint—this property represents a rare chance to secure a lakeside end unit with substantial finished space today and meaningful expansion possibilities tomorrow.

Home Highlights

End-unit with extra windows and lake views1,675 sqft finished + 835 sqft unfinished walkout basementSunroom with double doorsBrand-new upstairs carpetNew deck overlooking the lakeBasement plumbed for future bath/bed conversionFresh paint and newer laminate flooringPriced at local valuation midpoint

Property Features

Interior Features

  • 3 bedrooms, 2.5 bathrooms
  • 1,675 finished square feet
  • Newer laminate flooring on main level and primary suite
  • Brand-new upstairs carpet
  • Sunroom with double doors and lake views
  • Fresh interior paint
  • Main-level half bath

Exterior & Lot

  • End-unit location with extra side windows
  • Newly installed deck with lake views
  • Walkout basement with direct exterior access
  • Lake-facing outlook

Location & Neighborhood

  • Minutes to Cary shopping and dining
  • Close to top-rated Cary schools
  • Access to local greenways and bike routes
  • Established, well-regarded residential area

Walkability & Recreation

  • Walkability Rating: 65/100 — Some walkable amenities
  • Nearby parks and green spaces
  • Greenway access for walking and biking within minutes
  • Lake views and waterfront access nearby
  • Community recreation options within short drive

Neighborhood & Location

This part of Cary blends suburban ease with active-lifestyle amenities: quiet streets, access to the town’s extensive greenway system, and a short drive to shopping centers and restaurants. Families benefit from proximity to highly regarded schools and community parks, while outdoor enthusiasts appreciate nearby lake access and walking/biking routes. The neighborhood’s reputation for safety, well-maintained common areas, and convenient commutes makes it a perennial favorite for buyers seeking long-term stability in Wake County’s western corridor.

Market Insights

This listing is priced at $370,000, which aligns with the provided valuation midpoint and suggests competitive positioning within Cary’s townhouse segment. End-unit, water-view townhomes in Cary typically attract steady interest from downsizers, families, and buyers seeking low-maintenance living with access to outdoor amenities. While specific MLS metrics (days on market, current inventory) are not included in the supplied data, the combination of turn-key main-level finishes and a plumbed walkout basement providing expansion potential usually shortens time on market compared with similar one-level condos.

From a valuation standpoint, the property's mix of 1,675 finished square feet and 835 unfinished square feet affords buyers the opportunity to purchase at a price reflective of current finished area while adding value through basement completion. For sellers, pricing at the valuation midpoint should generate showings from buyers who want move-in readiness plus upside. For buyers, this moment is attractive if you’re looking to capture lake views and a desirable Cary address without paying a premium for fully finished lower-level space—finishing costs can translate into instant equity.

Walkability & Recreation

65
Walkability
75
Recreation

Very good outdoor access with lake-facing views, nearby greenways for walking and biking, neighborhood parks within minutes, and local recreational amenities accessible by short drive.

0

AI Valuation Estimate

Low

$355K

Midpoint

$370K

High

$385K

$221/SF estimated price per square foot

65% confidence

Derived from listing page structured data

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

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

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