3

Falls Lake Condos for Sale

Section Image
  • 1500 River Mill Dr Unit 310, Wake Forest, NC 27587
    1500 River Mill Dr Unit 310, Wake Forest, NC 27587
    1500 River Mill Dr Unit 310, Wake Forest, NC 27587
    /37

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,210 Sq Ft

    1500 River Mill Dr Unit 310, Wake Forest, NC 27587

    Nestled by the headwaters of the Neuse River at Falls Lake Dam, this beautifully renovated 3Bd 2Bt condo offers a single-level lifestyle accentuated by a profound connection to nature. This is the largest floor plan in the building and owners benefit from a historic low-tax incentive! The 1210sf condo boasts hardwood floors, exposed steel beams, and expansive industrial-sized windows that flood

    Hugh Grist Grist Realty Inc

    1500 River Mill Dr Unit 310, Wake Forest, NC 27587
  • 1500 River Mill Dr Unit 101, Wake Forest, NC 27587
    1500 River Mill Dr Unit 101, Wake Forest, NC 27587
    1500 River Mill Dr Unit 101, Wake Forest, NC 27587
    /24

    $299,900

    • 1 Bed
    • 1 Bath
    • 611 Sq Ft

    1500 River Mill Dr Unit 101, Wake Forest, NC 27587

    THIS BEAUTIFUL, HISTORIC & TRANQUIL CONDO IS NESSELED ON THE NEUSE RIVER. The recent renovation boasts a new open floor plan, kitchen and updated bathroom. As you walk through the front door, your eyes are drawn to the massive granite stonewalls, characteristic of an era long past, merging with the updated clean lines of the general interior living space. This private community is a nature lovers

    Carlene Nace Anchored Realty Services LLC

    1500 River Mill Dr Unit 101, Wake Forest, NC 27587
  • 1500 River Mill Dr Unit 110, Wake Forest, NC 27587
    1500 River Mill Dr Unit 110, Wake Forest, NC 27587
    1500 River Mill Dr Unit 110, Wake Forest, NC 27587
    /24

    $325,000

    • 2 Beds
    • 2.5 Baths
    • 876 Sq Ft

    1500 River Mill Dr Unit 110, Wake Forest, NC 27587

    Stunning hidden gem on the Neuse River! This recently renovated condo boasts an open floor plan, perfect for entertaining.The living area features an exposed stone wall and wood beams, adding a touch of character. The newly updated kitchen features stainless steel appliances, tile backsplash, and quartz countertops - a chef's dream!A unique spiral staircase leads to the second floor, where you

    Keith Beatty Intracoastal Realty Corp

    1500 River Mill Dr Unit 110, Wake Forest, NC 27587
North Carolina Wake County Wake Forest Falls Lake

Condos for Sale in Falls Lake, Wake Forest

Why Live in Falls Lake
Falls Lake in Wake Forest offers a diverse range of home options within numerous subdivisions such as Stony Hill and Wakefield. Home styles vary from New Traditional and Millennium to classic ranch homes, with prices ranging from mid-$200,000s for townhomes to multimillion-dollar custom estates. Named for its location at the falls of the Neuse River, the area features the Falls Lake State Recreation Area, a 5,000-acre park with over 25 miles of hiking trails, 14 miles of mountain biking trails, and more than 300 campsites. The lake itself, with 12,000 acres of water and 175 miles of shoreline, is ideal for boating, fishing, and swimming. The park also includes a section of the Mountains-to-Sea Trail, a 1,000-mile trail system across North Carolina. Students attend Wake County public schools, including the highly-rated Wakefield High. Falls Lake is conveniently located between Wake Forest and Durham, providing easy access to shopping, dining, and amenities. Local dining options include White Street Brewing and Bodega Tapas, Wine and Rum in downtown Wake Forest. The neighborhood is approximately 20 miles from Raleigh, making it a practical choice for commuters.
Learn more about living in Falls Lake

Home Trends in Falls Lake, NC

On average, homes in Falls Lake, Wake Forest sell after 75 days on the market compared to the national average of 70 days. The median sale price for homes in Falls Lake, Wake Forest over the last 12 months is $359,900, down 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$359,900
Median Single Family Sale Price
$419,900
Median Townhouse Sale Price
$334,726
Median 2 Bedroom Sale Price
$339,000
Median 1 Bedroom Sale Price
$204,900
Average Price Per Sq Ft
$313
Number of Homes for Sale
65
Last 12 months Home Sales
1,448
Months of Supply
0.50
Median List Price
$455,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-19%
How to Buy a Home How to Finance a Home How to Sell a Home

In Falls Lake, there are currently 3 condos for sale, providing a range of options for prospective buyers. With condos ranging from $299,900 to $450,000, there's something for every budget. As of August, 2025 the median home price in Falls Lake, Wake Forest is $455,000, while the average sale price is $520,412, providing insight into local market trends. On average, condos spend 75 days on the market before being sold. Whether you're considering condominiums, apartments for sale, or modern condos, there are options available to suit your needs. Explore the variety of condos for sale in Falls Lake, Wake Forest, and find the perfect place to call home.

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.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group