NOT LISTED FOR SALE

2332 Ballywater Lea Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,587,265 - $1,625,000

4 Beds
5 Baths
4,397 Sq Ft
$365/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2023

Last sale price $1,475,000 $335 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,507 / mo

378 Days on Market

Highlights

  • New Construction
  • Deck
  • Recreation Room
  • North Forest Pines Elementary School Rated A
  • Family Room with Fireplace
  • Vaulted Ceiling

About This Home

As of May 2023

1st Floor Master & Guest Suite! 3 Car Garage! Hardwoods Through Main Living & Upgraded Lighting Package! Kitchen: Vaulted Ceiling, Quartz Countertops, Large Center Island w/Breakfast Bar & Designer Pendant Lights, Custom Cabinets w/Decorative Hardware & Soft Close Doors & Drawers, Quartz Full Height Backsplash, Butler's Pantry, Walk in Pantry, Sliding Service Window to Porch Grill & Pedestrian Door Access to Rear Covered Porch! MasterSuite: w/Hardwoods, Trey Ceiling & Walk in Closet w/Custom Shelving! MasterBath: Designer Tile Flooring, Separate His/Her Vanites w/Quartz, Custom Cabinets, Freestanding Tub, Tile Surround Walk in Shower w/Bench Seat & Retractable Sprayer & Second Walk in Closet w/Private Access to Laundry! FamilyRoom: Coffered Ceiling w/Cove Crown Molding, Custom Suround Gas Log Fireplace w/Floating Mantle, Custom Built in Cabinets & Shelving,Quad Panel Sliders to Covered Porch Retreat w/Bluestone Flooring, Painted Brick to Ceiling Surround Fireplace, Outdoor Kitchen w/Built in Grill/Hood & Fridge & Retractable Screens! 2nd Floor Gameroom & Office/Craft Room!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 02/16/2022

Coldwell Banker HPW

Last Buyer's Agent

Gretchen Coley

Compass -- Raleigh License #209948

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 43,124 Sq Ft Lot
  • Landscaped

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Stone

Interior Spaces

  • 4,397 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Coffered Ceiling
  • Tray Ceiling
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Attic

  • Attic Floors
  • Pull Down Stairs to Attic
  • Unfinished Attic

Home Security

  • Smart Lights or Controls
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Rain Gutters

Schools

  • N Forest Pines Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include storm water maintenance
  • Ppm Association
  • Built by EDK Design Build
  • Waterstone Manors Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0.99 Acres

HOA Fees

$88 per month

Parking

3

Listing Details

  • Builder Name: EDK Design Build
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Waterstone Manors
  • Above Grade Finished Sq Ft: 4397.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-01-01
  • Basement Walk-In Crawl Space: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Room Types Recreation Room3: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 4397.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43124.4
  • General Property Information Lot Size Acres: 0.99
  • General Property Information:Living Area3: 4397.0
  • General Property Information Builder Name: EDK Design Build
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Tile, Wood
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Bookcases, Butler's Pantry, Coffered Ceiling(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Shower Only, Smart Light(s), Smooth Ceilings, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space, Walk-In Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Outside
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.99
  • Construction Type: Brick, Fiber Cement, Stone
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 88.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 88.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 43124.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Map Number: Book18680 pg0063

MLS Schools

  • Elementary School: Wake - N Forest Pines

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 16, 2022
Closed on
May 9, 2023
Sold by
Bought by
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Gretchen Coley
Compass -- Raleigh
List Price
$1,475,000
Sold Price
$1,475,000
Views
32
Current Estimated Value
$1,603,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,316
Avg. Annual Appreciation
2.70%
Original Mortgage
$1,180,000
Outstanding Balance
$1,137,113
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$466,203
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
$1,475,000 None Listed On Document
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 $1,180,000
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
12/15/2023 12/15/23 Off Market $1,475,000 -- --
05/09/2023 05/09/23 Sold $1,475,000 0.0% $335 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $1,475,000 0.0% $335 / Sq Ft
01/30/2023 01/30/23 Price Changed $1,475,000 +11.2% $335 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,326,675 -- $302 / 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 $9,315 $1,453,233 $250,000 $1,203,233
2024 $9,045 $1,453,233 $250,000 $1,203,233
2023 $4,980 $835,244 $180,000 $655,244
2022 $1,300 $180,000 $180,000 $0
2021 $0 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2023

    Jim Allen

    Coldwell Banker HPW

    (919) 873-3990

    427 in this area

    4,536 Total Sales

    Jim Allen
    Section Image
  • Gretchen Coley

    Buyer's Agent in 2023

    Gretchen Coley

    Compass -- Raleigh

    (919) 526-0401

    44 in this area

    1,168 Total Sales

    Gretchen Coley
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2431549

Doorify MLS

APN: 1821.03-44-9914-000

North Carolina Wake County Wake Forest 27587 Falls Lake

2332 Ballywater Lea Way, Wake Forest, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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