$1,107,251Average Value$356Average Price per Sq Ft16Homes 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.
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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.
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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.
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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.
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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.
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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.
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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
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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 55 days. The median sale price for homes in Preston, Cary over the last 12 months is $1,250,000, up 13% from the median home sale price over the previous 12 months.
Welcome to this beautifully maintained home in the highly sought-after Preston community of Cary. Freshly painted on the exterior and enhanced with professional landscaping, this inviting property offers exceptional curb appeal and a warm welcome from the moment you arrive. Inside, you'll find a light-filled floor plan featuring 4 bedrooms upstairs, including a versatile fourth bedroom that can
Welcome to this beautifully updated 4-bedroom, 2.5-bath home in the highly sought-after Preston Highland Ridge community. Nestled on a private landscaped lot, this home perfectly blends timeless character with modern upgrades. Step inside from the inviting front porch to discover refinished white oak hardwood floors with UV protection, complemented by custom hand-painted accents that add warmth
Set on a beautifully landscaped lot with a gorgeous home and truly spectacular backyard and patio, this 4-bedroom residence with a spacious bonus room offers refined living with effortless comfort. Thoughtfully designed, the main-level primary suite provides a private retreat, complemented by a dedicated first-floor office and convenient main-level laundry. Freshly updated with new carpet and
Welcome to 107 Crestpoint Court, a beautifully maintained home tucked away on a quiet cul-de-sac in the prestigious Preston subdivision of Cary. Offering a highly desirable layout and prime location, this home combines comfort, functionality, and convenience.The main level features a spacious first-floor primary suite, providing both privacy and ease of living. The bright and inviting family
Step into this beautifully appointed home in the desirable Preston community, where timeless elegance meets everyday convenience. Refinished wood floors flow throughout the main living spaces, complemented by tasteful wainscoting and crown molding that add character and charm. Natural light pours in through stunning arched, palatial windows, creating a warm and inviting atmosphere. The spacious
Preston is calling. This traditional charmer is full of surprises, starting with a renovated kitchen designed for gathering, featuring a granite-topped island in the former dining room. The family room offers a fireplace framed by classic built-ins, while the deck overlooks a private, fenced backyard. Upstairs, tastefully updated bath and a flexible fourth bedroom that can also serve as a
Arguably the best views in all of Preston! Stunning panoramic waterfront and golf course views of Preston Lake, Preston Clubhouse, Highlands #1, Meadows #1 & #18 and Fairways #18 all from the covered back porch. Spacious family room features cathedral ceiling, built-ins & 2-sided gas log fireplace with stone surround. Updated kitchen offers custom cabinetry, stainless steel appliances & granite
Fabulous, CUSTOM home in highly sought after Preston Village! Tucked away in the heart of the community this exceptional home offer space, luxury, and convenience on a beautiful nearly 1/2 -acre lot. Featuring 5 bedrooms, 5 full baths, and 1 half bath, The thoughtfully designed layout includes 2 primary suites one on the 1st floor and another on the 2nd level, providing flexible living for guests
Stunning, one of a kind custom home in sought after Preston Village! Luxury homes like this don't come around often, and in Preston Village, they go fast. No other home can match its beauty, scale, custom finishes and extraordinary lot and location. Set on nearly half an acre on a quiet cul-de-sac street, this stunning 6,000+ square foot all brick home with an oversized three car garage and three
Situated along one of Preston's most established streets and backing to the 14th hole of the Fairways Course at Prestonwood Country Club, 408 Hogans Valley Way is one of the neighborhood's most iconic homes. Originally built as a showcase property, it was thoughtfully designed with architectural detail and elevated finishes that still set it apart today. Once known as ''The Wedding House,'' this
Welcome to this stunning all-brick estate offering 5 bedrooms, 4 full baths, and 4,568 square feet of beautifully updated living space--perfectly designed for both grand entertaining and everyday comfort.Set on a rare, flat 0.62-acre lot, the backyard is your blank canvas--imagine a custom pool, outdoor kitchen, firepit nights, and room to truly live, play, and host.Step inside and feel
Don't let the word ''townhome'' fool you -- this one lives large! Custom Built in Preston Golf Course Community w/ nearly 2,900 SF, finished walkout basement, and a 2 Car Gar. Beautifully updated brick-front home offers the flexibility and comfort of a single-family home. From the moment you step inside, the light-filled layout, real wood floors, designer lighting and soft, contemporary palette,
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
Beautiful End-Unit Townhome in Prestonwood - Prime Morrisville Location!This well-maintained 3-bedroom, 2.5-bath townhome offers comfort, space, and convenience in one of Morrisville's most desirable communities. The open-concept main floor features a modern kitchen with a large island and plenty of cabinet space, flowing effortlessly into the dining and living areas—perfect for everyday
Sophia CarterLong & Foster Real Estate INC/Raleigh
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.
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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.
