$1,795,000
NEW CONSTRUCTION $100K PRICE DROP

Estimated payment $11,462/month

Total Views 100,819
5 Beds
5.5 Baths
4,097 Sq Ft
$438 Price per Sq Ft

Highlights

  • New Construction
  • Built-In Refrigerator
  • Contemporary Architecture
  • Cary Elementary Rated A
  • Open Floorplan
  • 2-minute walk to Urban Park

About This Home

Welcome to modern luxury in the heart of Downtown Cary - now move-in-ready. 407 Waldo is a fully custom 3-story residence by award-winning Reward Builders offering 5 bedrooms, 5.5 baths, and 4,097 sq ft of indulgent design, just steps from Downtown Cary Park. Outside, striking architecture, curated landscaping and modern lighting set the tone. Inside, the open main level blends a chef's kitchen with expansive living and dining spaces perfect for hosting a crowd or a cozy night in. Down the hall, a versatile bedroom or private office adds flexibility for work, guests, or quiet retreat. Below, a private-entry guest suite with full living area, a second laundry, and extra storage creates space for multigenerational living or extended stays, seamlessly adapting to whatever serves you best. Upstairs, an opulent primary suite offers a spa-style bath with soaking tub, dual floating vanities, and a generous WIC. Two additional bedrooms and a full laundry complete the level. An elevator connects all three floors, while a screened-in back porch and EV charger-ready garage bring commuter ease and intention to daily living. Steps from Downtown Cary Park and minutes to Cary's vibrant dining, shops, and breweries, this modernist marvel offers the rare opportunity to own a custom 2025 Triangle Parade of Homes entry embedded in one of the Triangle's most coveted enclaves.

Listing Agent

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 10/21/2025

Compass -- Raleigh

Co-Listing Agent

Aleena Qureshi

Compass -- Raleigh License #326356

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x103x55x111
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Frame Construction
  • Rubber Roof
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stone Veneer
  • Stucco

Interior Spaces

  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Stainless Steel Appliances
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters

Schools

  • Cary Elementary School
  • East Cary Middle School
  • Cary High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0764714695

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Year Built: 2025
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3091.0
  • Architectural Style: Contemporary, Transitional
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Effective Year Built: 2025
  • Contract Information Estimated Completion Date: 2025-12-31
  • Property Condition Framed: Yes
  • Room Types Primary Bedroom Level: Third
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Year Renovated: 2025

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Double Vanity, Entrance Foyer, Elevator, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Sound System, Walk-In Closet(s), Apartment/Suite, Shower Only, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Smooth Ceilings, Main Foor, With Kitchen, Separate Entry
  • Basement: Apartment, Daylight, Exterior Entry, Finished, Full, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access, Heated
  • Appliances: Built-In Gas Range, Built-In Refrigerator, Gas Oven, Gas Water Heater, Instant Hot Water, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1006.0
  • Entry Location: Foyer
  • Fireplace Features: Gas, Gas Log, Living Room
  • Fireplaces: 1
  • Stories: 3

Exterior Features

  • Roof: Metal, Rubber
  • Exterior Features: Balcony, Private Yard, Rain Gutters
  • Fencing: None
  • Acres: 0.14
  • Construction Type: Fiber Cement, Stucco, Stone Veneer
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric, Exhaust Fan, Fireplace(s), Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Ceiling Fan(s), Electric, Exhaust Fan, Gas, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake - Cary
  • Middle Or Junior School: Wake - East Cary

Lot Info

  • Lot Dimensions: 55x103x55x111
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 0764714695

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Cary

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 Price Changed $1,795,000 -5.3% $438 / Sq Ft
10/21/2025 10/21/25 For Sale $1,895,000 -- $463 / Sq Ft
Source: Doorify MLS

About the Listing Agent

Johnny Chappell

Compass -- Raleigh

(919) 891-8218

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Chappell has been one of the leading independent real estate firms in the Triangle. Led by top Triangle real estate broker and developer Johnny Chappell, the team has become closely associated with contemporary, new-construction development, and represents hundreds of buyers and sellers throughout the region. This expert team notably launched and represented multiple award-winning properties throughout the Triangle – including the Clark Townhomes in The Village District and West + Lenoir in

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  • 5053 Lundy Dr Unit 101, Raleigh, NC 27606

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Source: Doorify MLS

MLS Number: 10128865

Doorify MLS

APN: 0764.19-71-4695-000

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