$485,000

1202 Waterford Lake Dr Cary, NC 27519

Cary Park Neighborhood

Estimated payment $3,270/month

Total Views 3,976
3 Beds
2.5 Baths
1,907 Sq Ft
$254 Price per Sq Ft

Highlights

  • Open Floorplan
  • Community Lake
  • Traditional Architecture
  • Mills Park Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

Welcome to 1202 Waterford Lake Drive, a rare first-floor 3-bedroom, 2.5-bath condo in the heart of Cary Park. Spanning 1,907 square feet, this light-filled corner unit offers an open-concept layout with rich hardwood floors, fresh paint (2025), new carpet (July 2025), and elegant finishes throughout. The chef's kitchen is equipped with stainless steel appliances, a gas range, granite countertops, and white cabinetry that seamlessly blends style and function. The spacious living room features a gas fireplace and flows effortlessly onto a private covered balcony, also accessible from the primary suite. The owner's retreat includes a luxurious bath with a soaking tub, walk-in shower, water closet, and a large walk-in closet with his-and-hers organization. Residents enjoy elevator access, a secure building entry, assigned garage parking, and a private storage unit. Nestled in the vibrant Cary Park community, you'll love the scenic 28-acre lake, miles of paved trails, clubhouse, pool, playground, and sports courts. Just minutes to RTP, the new Downtown Cary Park, and premier shopping and dining at Fenton. This turnkey home offers low-maintenance luxury living with unmatched lifestyle perks in one of Cary's most desirable neighborhoods.

Listing Agent

Pamela Racz-Tucker

LPT Realty, LLC License #293097 Listed on: 07/31/2025

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • No Units Located Below
  • Landscaped

HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Open Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,907 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Mills Park Elementary And Middle School
  • Green Level High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 0725816609

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, sewer, snow removal, storm water maintenance, trash, water
  • Cary Park Property Owners Association Elite Mgmt Association, Phone Number (919) 233-7660
  • Waterford At Lakeside Association
  • Cary Park Subdivision
  • Maintained Community
  • Community Parking
  • Community Lake

Amenities

  • Trash Chute
  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,452

Year Built

Built in 2009

Lot Details

0

HOA Fees

$420 per month

Parking

1

Listing Details

  • Year Built: 2009
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Storm Water Maintenance, Trash, Water
  • Subdivision Name: Cary Park
  • Above Grade Finished Sq Ft: 1907.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Senior Community YN: No
  • Common Walls End Unit: Yes
  • General Property Information Association Name 2: Waterford at Lakeside
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 420.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 1907.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Phone Connected: Yes
  • Utilities Cable Connected: Yes
  • Structure Type Multi Family: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Separate Shower, Shower Only, Smart Thermostat, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Main Level Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Community Features:Curbs: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Lake: Yes
  • Interior Features:Smart Thermostat: Yes
  • Community Features:Suburban: Yes
  • Interior Features:Recessed Lighting: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony
  • Common Walls: End Unit, No One Below
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Other
  • Patio And Porch Features: Covered
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Exterior Features:Balcony: Yes
  • Window Features:Screens: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Assigned, Attached, Garage, Garage Faces Rear
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Assigned: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Lake, Sidewalks, Street Lights, Suburban
  • Senior Community: No
  • Association #2 Fee: 375.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 270.0
  • Association Fee Frequency: Semi-Annually
  • Association: Waterford at Lakeside
  • Association Name: Cary Park Property Owners Association-Elite Mgmt
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Cary Park Property Owners Association-Elite Mgmt
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Insurance: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • Association Fee Includes:Snow Removal2: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Trash: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 270.0
  • General Property Information:Association Fee Frequency: Semi-Annually
  • General Property Information:Association Fee 2: 375.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Green Level
  • Middle Or Junior School: Wake - Mills Park

Lot Info

  • Parcel #: 0725816609

Tax Info

  • Tax Annual Amount: 3452.41
  • Tax Year: 2025
  • Tax Map Number: 7

MLS Schools

  • Elementary School: Wake - Mills Park

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,363 $390,079 -- $390,079
2024 $3,291 $390,079 $0 $390,079
2023 $2,994 $296,799 $0 $296,799
2022 $2,883 $296,799 $0 $296,799
2021 $2,825 $296,799 $0 $296,799
2020 $2,840 $296,799 $0 $296,799
2019 $2,578 $238,947 $0 $238,947
2018 $2,420 $238,947 $0 $238,947
2017 $0 $238,947 $0 $238,947
2016 $0 $238,947 $0 $238,947
2015 -- $239,936 $0 $239,936
2014 -- $239,936 $0 $239,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $485,000 -- $254 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Partner Title
Warranty Deed $425,000 Partner Title
Deed $654 None Listed On Document
Deed $654 None Listed On Document
Warranty Deed $185,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 Credit Line Revolving
Closed $340,000 Credit Line Revolving
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Source: Doorify MLS

MLS Number: 10113032

Doorify MLS

APN: 0725.04-81-6609-008