$1,111,769Average Value$355Average Price per Sq Ft10Homes 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.
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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
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Crime and Safety
1 - Low Crime, 10 - High Crime
Preston
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
2
4
Burglary
5
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Preston Demographics and Home Trends
On average, homes in Preston, Cary sell after 35 days on the market compared to the national average of 55 days. The median sale price for homes in Preston, Cary over the last 12 months is $1,250,000, up 12% from the median home sale price over the previous 12 months.
Set on a beautifully landscaped lot with a gorgeous home and truly spectacular backyard and patio, this 4-bedroom residence with a spacious bonus room offers refined living with effortless comfort. Thoughtfully designed, the main-level primary suite provides a private retreat, complemented by a dedicated first-floor office and convenient main-level laundry. Freshly updated with new carpet and
Welcome to this exceptional all-brick estate in highly sought-after Preston Village -- offering 5 bedrooms, 4 full baths, and 4,660 square feet of beautifully updated living space designed for elegant entertaining and everyday comfort. Situated on a rare, flat 0.62-acre lot, the expansive backyard is ready for it all -- a future pool, firepit evenings, backyard games, and unforgettable
Prestigious All-Brick Estate on One of Preston's Most Coveted Streets Exquisite craftsmanship and sophisticated design define this stunning all-brick home in Cary's coveted Preston community. The main floor features hardwoods throughout, a formal office, and a guest bedroom, all enhanced by designer lighting and architectural details. The gourmet kitchen boasts a gas range with double ovens,
Welcome to 107 Crestpoint Court, a beautifully maintained home tucked away on a quiet cul-de-sac in the prestigious Preston subdivision of Cary. Offering a highly desirable layout and prime location, this home combines comfort, functionality, and convenience.The main level features a spacious first-floor primary suite, providing both privacy and ease of living. The bright and inviting family
Arguably the best views in all of Preston! Stunning panoramic waterfront and golf course views of Preston Lake, Preston Clubhouse, Highlands #1, Meadows #1 & #18 and Fairways #18 all from the covered back porch. Spacious family room features cathedral ceiling, built-ins & 2-sided gas log fireplace with stone surround. Updated kitchen offers custom cabinetry, stainless steel appliances & granite
Fabulous, CUSTOM home in highly sought after Preston Village! Tucked away in the heart of the community this exceptional home offer space, luxury, and convenience on a beautiful nearly 1/2 -acre lot. Featuring 5 bedrooms, 5 full baths, and 1 half bath, The thoughtfully designed layout includes 2 primary suites one on the 1st floor and another on the 2nd level, providing flexible living for guests
Stunning, one of a kind custom home in sought after Preston Village! Luxury homes like this don't come around often, and in Preston Village, they go fast. No other home can match its beauty, scale, custom finishes and extraordinary lot and location. Set on nearly half an acre on a quiet cul-de-sac street, this stunning 6,000+ square foot all brick home with an oversized three car garage and three
Situated along one of Preston's most established streets and backing to the 14th hole of the Fairways Course at Prestonwood Country Club, 408 Hogans Valley Way is one of the neighborhood's most iconic homes. Originally built as a showcase property, it was thoughtfully designed with architectural detail and elevated finishes that still set it apart today. Once known as ''The Wedding House,'' this
Don't let the word ''townhome'' fool you -- this one lives large! Custom Built in Preston Golf Course Community w/ nearly 2,900 SF, finished walkout basement, and a 2 Car Gar. Beautifully updated brick-front home offers the flexibility and comfort of a single-family home. From the moment you step inside, the light-filled layout, real wood floors, designer lighting and soft, contemporary palette,
In the coveted Preston Subdivision, discover a home that combines the grace of a classic charmer with the functionality of a refreshed home in a location that can't be beat! Offering exceptional value, this 4-bedroom, 3.5-bathroom residence is set on a private, beautifully landscaped/low maintenance lot.Enter via the welcoming front porch, where a lovely foyer, flex and dining rooms and
For a relaxing retreat in the middle of big-city life, come home to Bell Preston Reserve, our carefully crafted community of luxury apartments in Cary, NC. Spacious, open 1, 2, and 3 bedroom floor plans feature plenty of room to stretch out in comfort and style, with a full complement of high-end amenities to elevate your living space. Outside your door, youll discover three fitness studios, a
Beautiful End-Unit Townhome in Prestonwood - Prime Morrisville Location!This well-maintained 3-bedroom, 2.5-bath townhome offers comfort, space, and convenience in one of Morrisville's most desirable communities. The open-concept main floor features a modern kitchen with a large island and plenty of cabinet space, flowing effortlessly into the dining and living areas—perfect for everyday
Sophia CarterLong & Foster Real Estate INC/Raleigh
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.
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
