With a variety of home options and nearby access to state parks, waterfront recreation, and a central location great for commuting, Falls Lake is perfect for any homebuyer looking to split their time between the office and the outdoors.
Instead of a larger cohesive neighborhood, the area is made up of many dozens of subdivisions and smaller communities like Stony Hill and Wakefield. Properties around Falls Lake tend to be listed higher than homes in the greater Raleigh area, with prices increasing closer to the lake, but the large area offers a wide array of styles and prices. Homes range anywhere from the mid-$200,000s for townhomes, to well into the multimillions for sprawling custom estates. Styles include New Traditional, Millennium, and classic ranch homes.
Falls Lake was named for its location at the falls of the Neuse River. Dammed by the Army Corps of Engineers in 1981, it now serves as flood protection and a reservoir, supplying water to the nearby counties. Along the shores of the lake, you’ll find the Lake Falls State Recreation Area, a North Carolina state park that encompasses more than 5,000 acres of the surrounding wilderness. Enjoy more than 25 miles of hiking trails across the park, as well as an additional 14 miles of mountain biking trails and more than 300 campsites. Visitors can also spend a day on the water, with boat launches and swimming beaches available across the lake. With more than 12,000 acres of calm surface and 175 miles of shoreline, Falls Lake is perfect for boating and fishing, with a variety of native species that call the peaceful waters home.
The trails within the park contain a section of the Mountains-to-Sea Trail, a massive trail system that stretches for more than 1,000 miles across North Carolina. True to its name, this state-sponsored trail connects the mountains of western North Carolina to the Outer Banks on the coast. Even more trail sections are under construction or planned for future development.
Students in Falls Lake attend Wake County public schools, like nearby Brassfield Elementary or Wakefield Elementary, Middle and High schools, the latter of which both earned an A-minus overall score on Niche. At Wakefield High, students can start their weekend with Saturday Academy, a tutoring session with both teachers and other students offering help to prepare for classes or upcoming standardized tests like the ACT.
The neighborhood sits between the nearby cities of Wake Forest and Durham, making for easy access to shopping, dining, groceries and other amenities. Grab a bite to eat in nearby downtown Wake Forest, offering a quaint small-town vibe, and pop by White Street Brewing or Bodega Tapas, Wine and Rum, both on White Street.
With its proximity to both Durham and Raleigh, Falls Lake sits just outside Research Triangle Park, the renowned research and business hub that serves as a major economic driver for the surrounding area. Both cities are points in The Triangle, with the last one being Chapel Hill. Each city hosts a major research university, which gives the area its moniker. Residents looking to commute into Raleigh are looking at a roughly 20-mile drive straight south, with roadways like State Highway 50 making for a direct route into downtown.
Rhonda Lester
Premier Advantage Realty Inc
(984) 238-8885
35 Total Sales
2 in Falls Lake
$435K - $869K Price Range
Phyllis Algood
All Good Real Estate
(833) 379-9460
133 Total Sales
3 in Falls Lake
$220K - $900K Price Range
Lisa Ellis
Real Estate By Design
(888) 505-0047
173 Total Sales
3 in Falls Lake
$343K - $1.1M Price Range
Jeff Stevenson
Compass -- Chapel Hill - Durham
(984) 459-7271
58 Total Sales
2 in Falls Lake
$575K - $1.1M Price Range
Ric Fontenot
Long & Foster Real Estate INC/Raleigh
(877) 842-9450
88 Total Sales
3 in Falls Lake
$400K - $626K Price Range
Chad Jemison
Keller Williams Legacy
(984) 999-9260
198 Total Sales
1 in Falls Lake
$1,650,000 Price
| 1 - Low Crime, 10 - High Crime | Falls Lake | US |
|---|---|---|
| Homicide | 2 | 4 |
| Sexual Assault | 1 | 4 |
| Assault with Weapon | 2 | 4 |
| Robbery | 2 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 2 | 4 |
| Crime Score | 2 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Falls Lake, Wake Forest sell after 44 days on the market compared to the national average of 55 days. The median sale price for homes in Falls Lake, Wake Forest over the last 12 months is $834,500, down 1% from the median home sale price over the previous 12 months.
$1,100 - $2,450 per month
$1,217 - $3,912 per month
$1,255 - $3,509 per month
$1,455 - $2,505 per month
$1,216 - $2,181 per month
$1,338 - $1,666 per month
Bike Score®
Walk Score®
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.
A private wooded, suburban subdivision with built-in amenities and nearby shopping
Master-planned community in North Raleigh near retail, schools and commuter routes
Established North Raleigh suburb in a central location
Woodsy Northwest Raleigh suburb with a swim and racquet club
Idyllic golfing community with country club amenities
Sixteen neighborhoods surrounded by nature and defined by a sense of community
