$1,136,089Average Value$354Average Price per Sq Ft15Homes 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.
Preston
Preston
Preston
Preston
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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
Interested in learning more about homes in this area?
Reach out to
Chad Jemison,
an experienced agent in this neighborhood.
Parks in this Area
Fred G. Bond Metro Park
Baseball/Softball
Lake
Picnic Area
Preston Village Playground
Trails
Playground
Patriot's Playground
Playground
Morrisville Community Park
Baseball/Softball
Picnic Area
Playground
Cary Tennis Park
Tennis
Trails
Pickleball
Prestonwood Soccer Complex
Soccer
Multi-Purpose Field
Transit
Airport
Raleigh-Durham International
18 min drive
Bus
High House Rd & Legault Dr
Bus
High House Rd & Preston Soccer Fields
Bus
High House Rd & NW Cary Pkwy
Bus
High House Rd & Bond Park Dr (Ob)
Bus
High House Rd & Prestonwood Pkwy
Crime and Safety
1 - Low Crime, 10 - High Crime
Preston
US
Homicide
1
4
Sexual Assault
3
4
Assault with Weapon
1
4
Robbery
2
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Preston, Cary sell after 27 days on the market compared to the national average of 47 days. The average sale price for homes in Preston, Cary over the last 12 months is $1,167,540, up 9% from the average home sale price over the previous 12 months.
Cary's Best Kept Secret! This Stunning Home offers an unbeatable combination of space, luxury, functionality, and location. With room for everyone and everything, it's a rare find in one of Cary's most prestigious neighborhoods, Preston Village. - Key Features include: Freshly Painted Interior, Newer 50-Year Architectural Roof; Energy-Efficient, Updated Windows; Brand-New Gourmet Kitchen with
Now is your chance to have a beautiful home in sought after Preston neighborhood. This beautiful stone decorated home on the corner lot has wonderful curb appeal. Sitting at the beginning of a cul de sac street with little traffic. A three car garage with side entry for two & a single separated for a great workshop, 3rd car or golf cart storage. Home has a living room for guest, formal dining
Charming white-painted 2 story brick front home nestled in Preston Village on a .41-acre corner lot! You'll be greeted by a 2-story foyer with refinished hardwoods & fresh neutral paint. To the left, the bright dining room features a tray ceiling while an archway on the right leads to the living room/flex space. The family room boasts a fireplace and built-ins. The 1st floor includes a BR (or
STUNNING, FULLY RENOVATED in highly sought after PRESTON VILLAGE! This 5 BR , 4 FULL Baths & 2 half baths has it all! The classic, white brick facade with new stone walk way and front porch is so inviting! The welcoming front entrance eases into the foyer where the stairs have been thoughtfully redesigned. Large dining room to left and conveniently located office to the right. The newly
Welcome to this stunning brick home perfectly situated on the 11th green of a premier golf course. Featuring a spacious and functional layout, this home offers a first-floor primary suite for ultimate convenience and privacy.Step inside to newly refinished hardwood floors, fresh interior paint and brand-new carpet, giving the entire home a fresh, modern feel. The open-concept kitchen and
PRESTON, We have all NEW RENOVATIONS -WE ARE BEAUTIFUL!! 3 Bedroom 2 Bath Luxury Condo w/Elevator and Entrance Lobby, Secure Building & Gated Parking Garage! Second Floor Condo. New Paint with updated Color through out. Hardwoods Main Living, Carpeted Bedrooms. New Vanity in Hall Bath Between Bedroom Two & Three. Spacious Kitchen Island w New Cabinet Fronts and Tile Backsplash, Butcher
Bell Preston Reserve Apartments is an award-winning community located in Cary, NC. We are nestled within the neighborhood of Preston and are only minutes away from the Research Triangle Park, upscale shopping at the new Park West Village, and fine restaurants.These one, two, and three bedroom luxury apartments have all of the conveniences and comforts you've come to expect. Each home
PRESTON. We have all NEW Interior and Appliances. WE ARE BEAUTIFUL ! Modern Updates 3 bedroom , 2 Full Bath . Luxury Condo, Hardwoods Main Living, Carpeted Bedrooms, Spacious Kitchen Countertops and Island . All Kitchen Appliances are New. This Building has Elevator and Private Gated Parking Garage with Assigned Parking, Close to Prestonwood Country Club, Shopping and Schools.
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.
Interested in learning more about homes in this area?
Reach out to
Chad Jemison,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
7,252
Median Age
44
Population Density
5 ppl/acre
Population under 18
22.2%
On par with the national average
23.8%
Population over 65
17.6%
On par with the national average
19.1%
Finances
Median Household Income
$185,990
Significantly above the national average
$71,702
Average Household Income
$193,022
Education and Workforce
High School Graduates
98.4%
College Graduates
78.2%
Significantly above the national average
34.1%
Advanced Degrees
39.7%
Significantly above the national average
13.3%
% Population in Labor Force
75.7%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
3''
Area Factors
Somewhat Bikeable
Bike Score®
44/ 100
Car-Dependent
Walk Score®
0/ 100
Minimal Transit
Transit Score®
0/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
