NOT LISTED FOR SALE

2040 Pleasant Forest Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,109,931

4 Beds
5 Baths
4,256 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2026

Last sale price $1,100,000 $258 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,691 / mo

34 Days on Market

Highlights

  • Open Floorplan
  • Living Room with Fireplace
  • Cathedral Ceiling
  • Deck
  • Transitional Architecture
  • Wood Flooring

About This Home

As of April 2026

Experience sophisticated living in this custom-built executive residence by the esteemed Ted Keith Construction, nestled in a prime Wake Forest location. This upscale home combines high-end craftsmanship with practical design, offering a seamless blend of elegance and functionality perfect for gracious entertaining. Step inside and appreciate the timeless beauty of white oak floors that flow throughout the main living areas. The heart of the home is a well-appointed gourmet kitchen, expertly designed for culinary endeavors. It features a convenient scullery, providing ample space for organization and preparation. Entertain with ease in the dedicated entertainment area, complete with a stylish bar perfect for hosting gatherings. The main floor primary suite offers convenience and comfort. Work from home with ease in the dedicated downstairs office, complete with a custom barn door for privacy. For wellness and relaxation, a dedicated workout room provides the ideal space for your fitness routine. You'll also find thoughtful details like a cleverly designed ''stash zone'' for discreet organization. Upstairs, a versatile bonus room features built-in desks, creating an ideal space for work or study. Expand your living space outdoors onto a generous screened porch, ideal for enjoying the Carolina seasons. An adjacent grilling patio offers expansive outdoor living for al fresco dining. This luxury property offers both immediate comfort and future potential, presenting room to expand and personalize. This residence truly exemplifies quality craftsmanship and thoughtful design for an exceptional living experience in a desirable Wake Forest setting.

Last Agent to Sell the Property

Renee Hillman

EXP Realty LLC License #185249 Listed on: 02/12/2026

EXP Realty LLC

Last Buyer's Agent

Justin Shover

Coldwell Banker HPW License #294780

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,728

Year Built

  • Built in 2022

Lot Details

  • 28,314 Sq Ft Lot
  • Property fronts a state road
  • Property is zoned R-40W

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Block Foundation
  • Shingle Roof
  • Board and Batten Siding

Interior Spaces

  • 4,256 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Bar
  • Crown Molding
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Chandelier
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Storage

Kitchen

  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Attic

  • Attic Floors
  • Walk-In Attic
  • Unfinished Attic

Outdoor Features

  • Deck
  • Outdoor Fireplace

Schools

  • North Forest Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 183203022975000 0451358

Community Details

Overview

  • William Douglas Association, Phone Number (919) 459-1860
  • Galloway Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,728

Year Built

Built in 2022

Lot Details

0.65 Acres

HOA Fees

$83 per month

Parking

3

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Road Frontage Type: State Road
  • Reso Association Fee Includes: None
  • Subdivision Name: Galloway
  • Above Grade Finished Sq Ft: 4256.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Effective Year Built: 2022
  • General Property Information Total Unfinished Area2: 963.0
  • General Property Information Association Fee Required YN: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 83.33
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTQ1NzUxIiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTI0VDE2OjAxOjI3LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.MhS0HTeLawkVes0FL6S0PHoBs2etQDn_8Hi3yJDP-gQ/badge
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bar, Built-in Features, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Soaking Tub, Storage, Tray Ceiling(s), Walk-In Closet(s), Butler's Pantry, Separate Shower, Walk-In Shower, Quartz Counters, Smooth Ceilings
  • Appliances: Bar Fridge, Cooktop, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Gas Log, Living Room, Outside
  • Fireplaces: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • Attic Features:Attic Features: Floored, Unfinished, Walk-In Attic

Exterior Features

  • Roof: Shingle
  • Acres: 0.65
  • Construction Type: Board & Batten Siding, Fiber Cement
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Front Porch, Screened, Side Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage Faces Front, Garage Faces Side, Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected, Septic Connected
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Senior Community: No
  • Association Fee: 250.0
  • Association Fee Frequency: Quarterly
  • Association Name: William Douglas
  • Phone: 919-459-1860
  • Association: Yes

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Zoning: R-40W
  • Lot Size Sq Ft: 28314.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 183203022975000 0451358

Tax Info

  • Tax Annual Amount: 6727.77
  • Tax Year: 2025
  • Tax Map Number: 8

MLS Schools

  • Elementary School: Wake - North Forest

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2026
Closed on
Apr 24, 2026
Sold by
Bought by
Seller's Agent
Renee Hillman
EXP Realty LLC
Buyer's Agent
Justin Shover
Coldwell Banker HPW
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
38
Current Estimated Value
$1,109,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,931
Avg. Annual Appreciation
3.66%
Original Mortgage
$851,000
Outstanding Balance
$848,951
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$260,980

Purchase Details

Closed on
Oct 29, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2018
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 None Listed On Document
$130,000 None Available
$465,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $851,000
Previous Owner $97,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 Sold $1,100,000 -4.3% $258 / Sq Ft
03/18/2026 03/18/26 Pending -- -- --
02/12/2026 02/12/26 For Sale $1,150,000 -- $270 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,728 $1,048,745 $180,000 $868,745
2024 $6,533 $1,048,745 $180,000 $868,745
2023 $3,695 $792,791 $155,000 $637,791
2022 $1,119 $155,000 $155,000 $0
2021 $1,089 $155,000 $155,000 $0
2020 $1,071 $155,000 $155,000 $0
2019 $1,143 $140,000 $140,000 $0
2018 $600 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10145751

Doorify MLS

APN: 1832.03-02-2975-000

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