Property listing for 5800 Clearsprings Dr, Wake Forest, NC 27587
For SaleSingle Family Home

$825,000

5800 Clearsprings Dr, Wake Forest, NC 27587

Private-Pond Estate on 2.3 Acres with Guest Suite

3 Bed · 3.5 Bath · 3,204 Sq Ft

Spacious traditional home with workshop and no HOA

3

Beds

3.5

Baths

3,204

Sq Ft

1999

Built

2.3 acres

Lot

2-car attached

Garage

About 5800 Clearsprings Dr

This property announces itself with scale and quiet — 2.3 acres of level grounds centered around a private pond, just off Clearsprings Drive in the established Clear Springs neighborhood. Built in 1999 and offering 3,204 square feet, the home balances comfortable family living with purposeful outbuildings: a 12x24 climate-controlled workshop and a private guest suite above the garage that includes its own living area and full bath.

Step inside to spaces sized for everyday life and occasional entertaining. A luminous den with generous windows and a fireplace anchors the main level; bedrooms are well proportioned and privacy-minded. The primary suite is designed for relaxed luxury, with a whirlpool tub, separate walk-in shower and dual vanities. With central heat and air and a shingle roof in good condition, the house reflects steady maintenance and practical systems.

The property's layout makes it ideal for multi-generational living or hosting longer-term guests. The guest suite above the garage offers a separate entry and living area—a ready-made retreat for visiting family or a private home office. The workshop is a standout for hobbyists or small-scale projects, finished for climate control and easily accessed from the driveway.

Outside, the pond and sweeping lawn create a pastoral setting that feels detached from everyday traffic yet remains convenient to Wake Forest amenities. Heritage Golf Club is about 2.5 miles away, downtown Wake Forest under 3 miles, and Falls Lake State Recreation Area roughly 5 miles—plenty of options for weekend recreation. The property is on a septic system and the expansive lot will require routine upkeep; those stewardship tasks preserve what is a rare parcel size so close to town.

Financially, assessed value data and recent neighborhood sales suggest meaningful upside: current valuation analysis places a likely market range between $800,000 and $850,000. With no HOA and a mix of practical and recreational features — pond, workshop, guest suite — this home is well suited for buyers seeking space, flexibility, and proximity to Wake Forest's top-rated schools and regional amenities. Showings by appointment; sellers request verification of septic and pond records as part of due diligence.

Home Highlights

Private pond on 2.3-acre lotGuest suite above garage with private entrance12x24 climate-controlled workshopPrimary suite with whirlpool tub and walk-in showerNo HOAAssessed value below local market indications

Property Features

Interior Features

  • 3,204 sq ft living area
  • 3 bedrooms, 3.5 bathrooms
  • Primary suite with whirlpool tub and walk-in shower
  • Dual vanities in primary bath
  • Den with fireplace
  • Guest suite above garage with private bath
  • Central heating and air

Exterior & Lot

  • 2.3-acre level lot
  • Private pond on property
  • 12x24 climate-controlled workshop
  • 2-car attached garage with additional driveway parking
  • Frontage on Clearsprings Dr
  • No HOA

Location & Neighborhood

  • Clear Springs neighborhood
  • Heritage Golf Club ~2.5 miles
  • Downtown Wake Forest ~3 miles
  • Falls Lake State Recreation Area ~5 miles
  • Highly rated local schools nearby

Walkability & Recreation

  • Walkability Rating: 35/100 — Car-Dependent
  • Nearby parks and green spaces
  • Falls Lake recreational access within 5 miles
  • Heritage Golf Club within 3 miles
  • Running/walking options near Wake Forest downtown
  • Community recreation and small-business amenities in downtown Wake Forest

Neighborhood & Location

Clear Springs offers a semi-rural feel with large parcels and mature trees while keeping Wake Forest's small-town conveniences within easy reach. Families are drawn here for highly rated schools—Jones Dairy Elementary and Heritage Middle—and for proximity to downtown Wake Forest’s cafés, boutiques and community events. Outdoor enthusiasts appreciate being minutes from Heritage Golf Club and a short drive to Falls Lake for boating, hiking and fishing. The neighborhood attracts buyers looking for space, privacy and convenient access to the Triangle’s employment centers.

Market Insights

Wake Forest's housing market continues to attract buyers seeking more land and larger single-family homes. The local median listing price is approximately $550,000 and homes in the area average about 69 days on market; however, properties with unusual lot sizes or unique amenities—like a private pond, guest suite, or dedicated workshop—typically command a premium and sell at a faster pace when priced correctly. Recent nearby sales range from roughly $470K for smaller homes to nearly $890K for larger comparables, underscoring strong demand for spacious parcels. Inventory has tightened in many Wake Forest submarkets as population growth and school quality keep buyer interest high. For this home type—large-lot single-family residences—this is closer to a seller-advantaged segment: limited supply of comparable lots means buyers motivated by acreage and privacy will face competition. That said, prudent buyers can still find value by verifying maintenance items (septic, pond) and leveraging the relatively lower assessed value reflected in public records.

Nearby Schools

Jones Dairy Elementary

Elementary

9/10

Heritage Middle

Middle

9/10

Wake Forest High School

High

7/10

Walkability & Recreation

35
Walkability
78
Recreation

Very good outdoor access with Heritage Golf Club ~2.5 miles away, Falls Lake State Recreation Area within about 5 miles, and neighborhood green spaces and walking routes near downtown Wake Forest.

Investment Highlights

  • Private pond on 2.3-acre lot
  • Guest suite above garage with separate entrance
  • 12x24 climate-controlled workshop
  • Highly rated schools within close proximity
  • No HOA restrictions

Key Findings

  • Assessed value of $570,295 appears below market
  • Built in 1999 with well-maintained structures
  • Located in rapidly growing Wake Forest area
  • Proximity to Heritage Golf Club and Falls Lake State Recreation Area

Things to Consider

  • Septic system may require inspection
  • Private pond maintenance responsibilities
  • Potential for higher property taxes due to market appreciation

Opportunity Analysis

Spacious home with unique amenities in a growing market, offering potential for appreciation and customization.

Potential Use Scenarios

  • Ideal for families seeking space and privacy
  • Potential for rental income from guest suite
  • Opportunity to customize workshop for various uses

Risk Factors

  • Maintenance of private pond and large lot
  • Septic system upkeep
  • Potential for increased property taxes

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

AI Valuation Estimate

Low

$800K

Midpoint

$825K

High

$850K

$257.49/SF estimated price per square foot

85% confidence

Sales comparison approach using recent listings and sales in the area. Adjusted for lot size, private pond, and additional structures. Assessed value of $570,295 appears below market.

As of 2026-03-08

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$550,000
Avg Days on Market69 days

Demographics

Wake Forest has experienced significant growth over the past decade, with increasing property values and demand for residential properties.

Nearby Points of Interest

  • Heritage Golf Club (2.5 mi)
  • Wake Forest Downtown (3 mi)
  • Falls Lake State Recreation Area (5 mi)

Proximity to Heritage Golf Club, downtown Wake Forest, and Falls Lake State Recreation Area offers recreational and shopping opportunities.

School District

DistrictWake County Public School System
ElementaryJones Dairy Elementary (9/10)
MiddleHeritage Middle (9/10)
HighWake Forest High School (7/10)

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

Property Details

Building Details

Year Built1999
Constructionwood frame
Stories2
Roofshingle
Heatingcentral
Coolingcentral air
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Lot Size2.3 acres (100,188 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageFrontage on Clearsprings Dr

Utilities

Waterpublic
Sewerseptic
Electricavailable
Gasconnected

Zoning & Land Use

Zoning CodeR-30
DescriptionResidential District
JurisdictionWake County

Allowed Uses

single family residentialaccessory structures
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$570,295
Land$162,500
Improvements$407,795
Annual Tax (2025)$3,668

Sale History

1999-03-31$194,500

$60.69/SF

Original purchase

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