$1,127,901Average Value$345Average Price per Sq Ft10Homes For Sale
Community lures top talent to Cary for Apple, SAS Institute
The story of the Preston neighborhood in Cary, North Carolina, is intertwined with two technology companies. The community was developed in the 1990s to lure talented professionals who were being recruited by local software firm SAS Institute. Then in 2021, tech giant Apple announced it will build a 3,000-employee campus just 3 miles outside of Preston. “Preston has always been popular, but it’s seen a resurgence,” says Davis Holt, a Realtor with Compass who has worked in Triangle real estate for more than a decade. “The speculation is as Apple moves in, this is where the executives will want to be.” Perched between Durham and Raleigh, Preston is a cluster of planned communities that offer high-end homes, a suburban lifestyle and well-rated public schools.
Members of Prestonwood Country Club have access to 3 golf courses in the Preston Neighborhood.
The Preston community was developed in the 1990s in Cary, NC.
1/2
Luxury homes in Preston
Built to woo executives and top-paid talent, Preston’s real estate market stands apart from what’s common in Cary. The average home value in Preston is roughly $1 million, compared to $650,000 across the town of Cary. Condos sell in the mid-$300,000s, but it’s not uncommon for single-family homes with four-plus bedrooms to cost $1 million, with some estates fetching more than $3 million. Wide yards put some distance between the houses and the winding streets, with gardens and hedges often filling the space in between. Most homes were built in the ‘90s, and that’s reflected in the common architectural styles: neocolonials and neo-eclectic houses that combine multiple styles. There’s significant demand for homes in Preston’s competitive housing market, as evidenced by a story Holt tells. “A guy wanted $1.5 million for his home, and another guy drove up and said, ‘I’ll give you $2.5 million if you’ll sell it today.’ The homeowner said, ‘Done.’”
Multiple subdivisions make up the Preston neighborhood in Cary, North Carolina.
Preston features contemporary home styles from the 1990s and later.
Preston Park Lake a scenic spot for residents to walk or relax.
The Preston neighborhood is a growing community with new and beautiful homes.
1/4
All nearby schools earn grades of A
Part of the Wake County Public School System, Preston has two public campuses nearby. One is Morrisville Elementary School, graded an A by Niche. Since 2005, Morrisville Elementary has twice been named a National Blue Ribbon School, the most prestigious recognition given by the U.S. Department of Education. Green Hope High School is the other nearby campus; the high school gets a Niche grade of A-plus. The only school that requires a bit of a drive is Alston Ridge Middle School, an A-rated school 6 miles away.
Morrisville Elementary is ranked #43 in North Carolina.
Alston Ridge Middle is a public school located in Cary, NC.
Teens in Preston may attend Green Hope High School.
1/3
Prestonwood: A highly rated Raleigh-area country club
Members of Prestonwood Country Club have access to three golf courses, 15 tennis courts and an aquatics center. Country Club Magazine named Prestonwood one of the 10 best country clubs in the Raleigh area. Those who don’t join the private club aren’t without recreation options. On the west side of Preston, the city-owned Cary Tennis Park features 32 free-to-play courts that accommodate tennis and pickleball. Just south of the neighborhood, a playground, tree identification trail and a ropes course await at Fred G. Bond Metro Park.
Members of Prestonwood Country Club can play one of Raleigh's top-rated country club courses.
Cary Tennis Park has 32 championship courts, including one stadium court.
Bond Park's trails offer a tranquil place for walks.
Bond Park includes art displays for visitors to enjoy.
1/4
Breakfast and bread at La Farm Bakery
A pair of shopping center on the south side of Preston house Lowes Food, the local grocery store, and a handful of eateries. Customers grab breakfast sandwiches and take home loaves of ciabatta bread from La Farm Bakery. Ramen and rice bowls are on the menu at the family-run Miso Ramen Bar across the street. Two miles up the road, another retail complex is stocked with a Target, T.J. Maxx and AMC Theatre. One amenity not in the immediate area is a hospital; the closest place for medical treatment is WakeMed Cary Hospital, 8 miles way.
Preston
Preston
Preston
Preston
1/4
Catch a movie with fellow Preston residents
Residents who check the Preston Village Facebook page find plenty of ways to hang out with neighbors. The page promotes neighborhood events, including family-friendly movie screenings at the community picnic shelter and trunk-or-treat night in October.
Preston Village has many green spaces for play and relaxing.
Check the Preston Village Facebook page to find plenty of ways to hang out with neighbors.
1/2
Research Triangle, other jobs hubs are nearby
Car is the primary way to get around Cary, though GoCary buses do stop along High House Road south of the neighborhood. These buses head to downtown Cary, or motorists can make the 6-mile drive themselves. Multiple employment hubs sit nearby, with Research Triangle Park 8 miles away, Raleigh 15 miles to the east and Durham 15 miles in the opposite direction.
Downtown Raleigh is 15 miles from Preston on Interstate 40.
Research Triangle Park 8 miles away from Preston.
Downtown Durham is 15 miles away from the Preston neighborhood.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Preston neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Preston
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
2
4
Burglary
5
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Preston Demographics and Home Trends
On average, homes in Preston, Cary sell after 35 days on the market compared to the national average of 53 days. The median sale price for homes in Preston, Cary over the last 12 months is $1,195,000, up 7% from the median home sale price over the previous 12 months.
Welcome to this stunning property that exudes elegance and comfort. The living room is graced with a cozy fireplace, perfect for those chilly evenings. The kitchen is a chef's dream, boasting an accent backsplash and a center island for extra prep space. The primary bathroom is a sanctuary with double sinks, a separate tub, and shower for ultimate relaxation. Outdoor living is equally impressive
GOLFER'S PARADISE: Luxury Townhome in Prestonwood!Imagine stepping onto your private back porch to watch the pros play! This stunning three-bedroom, two-full and two-half bath townhome offers an unparalleled view down the 7th hole of the Highlands Golf Course. You'll have a front-row seat for the SAS Championship Tournament right from the comfort of your home! Features & FinishesThis home
Welcome to Preston — one of Cary's most sought-after communities. From the moment you step inside, this beautiful two-story brick home wraps you in warmth. The grand, light-filled foyer makes a stunning first impression, while the graceful staircase invites you to explore the spaces beyond. To the right, a sunlit dining room seems made for dinner parties. To the left, a dedicated office offers
Must See Townhome in Preston!! $3000 Lender Incentives + 12 Mo HOA Fees! Stunning Brick Front, w/ nearly 2,900SF Beautifully Updated w/ 3 Bedrooms, 3.5 Baths. Gorgeous Refinished Hardwood Floors, Remodeled Kitchen and Finished Walkout Basement! Open Layout and Chic Design Sets the Tone- Light & Airy Paint Palette, Designer Lighting. Elevated Finishes throughout. The Modern Kitchen is a True
For a relaxing retreat in the middle of big-city life, come home to Bell Preston Reserve, our carefully crafted community of luxury apartments in Cary, NC. Spacious, open 1, 2, and 3 bedroom floor plans feature plenty of room to stretch out in comfort and style, with a full complement of high-end amenities to elevate your living space. Outside your door, youll discover three fitness studios, a
Luxury town home in the Preston Country Club community. Open floor plan with extensive hardwoods, kitchen with stainless steel appliances, 42' maple cabinets, and solid surface counter tops. All bedrooms are on 3rd floor; master suite has vaulted ceiling, sitting area & glamorous bath with garden tub and separate shower. Fully finished lower area with huge family room with gas fireplace, and full
Live carefree every day. At Cary Greens at Preston, coming home feels like you're on vacation. With impressive finishes and resort-quality amenities, our apartments make it possible to live beyond your expectations. With so much to do in the perfect location, a vibrant new lifestyle awaits. Embrace it.
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
