203 Preston Grande Way
Preston, Cary · Cary, NC 27513
$1,245,000
$258 per sq ft
- 5bedrooms
- 4.5bathrooms
- 4,820sq ft
- 0.58acre lot
- 1999built
- $168HOA / mo
Main-floor primary, finished walk-out lower level, over half an acre
A transitional plan with the primary suite on the main floor and a finished walk-out lower level containing a rec room, a fifth bedroom and a full bath. Two-storey great room with a stone fireplace. The lot backs to a wooded common area. This is the largest home we currently have listed and the price reflects the finished lower level as well as the square footage above grade.
- Finished walk-out lower level
- Main-floor primary suite
- 0.58 acre backing common area
- Two-storey stone fireplace
What this house has
- Garage
- Bonus room
- Home office
- Fireplace
- Hardwood floors
- Basement
- Main-floor primary
The numbers
| Listing ID | HS-1061 |
|---|---|
| Property type | Single-family |
| Style | Transitional |
| Status | Active |
| Bedrooms | 5 |
| Bathrooms | 4.5 (4 full, 1 half) |
| Interior | 4,820 sq ft |
| Price per sq ft | $258 |
| Lot | 0.58 acre |
| Year built | 1999 |
| HOA / condo fee | $168 / month |
| Estimated tax rate | 0.9770% of value per year |
| Listed on | July 11, 2026 |
| Days on market | 55 |
| County | Wake County, NC |
| Coordinates | 35.8096, -78.8471 |
Preston, Cary
A 1980s-and-90s golf community in west Cary built as a series of gated and ungated villages, with a large share of brick-front two-storeys on wooded lots.
- Housing stock Detached houses of 2,200–5,000 sq ft, many with side-entry garages and finished bonus rooms over them.
- Typical lot 0.28–0.60 acre, heavily wooded
- Getting about Roughly 8 miles to RTP; 15 miles to downtown Raleigh via I-40.
Assigned schools
These are the base schools currently assigned to this address by Wake County Public School System. We list assignment as a fact and nothing more — we do not rate, rank or compare schools, and no one at Homestead will, because doing so is how housing discrimination happens in practice. Judge them yourself.
- ElementaryDavis Drive Elementary
- MiddleDavis Drive Middle
- HighGreen Hope High
- DistrictWake County Public School System
Attendance areas are reassigned periodically and a base assignment can change before you close. Verify the current assignment directly with Wake County Public School System before you rely on it.
What this would cost a month
Change any number. Nothing here is a quote — it is arithmetic.
$9,072
estimated total monthly ·$1,120,500 borrowed
- Principal and interest
- $7,046
- Property tax
- $1,014
- Homeowner’s insurance
- $331
- HOA / condo fee
- $168
- Mortgage insurance (PMI)
- $514
Under 20% down, so private mortgage insurance is included at an estimated 0.55% of the loan a year. On a conventional loan it comes off automatically once you reach 78% loan-to-value, and you can usually request removal at 80%. On most FHA loans it stays for the life of the loan.
Over the full term you would pay about $1,415,886 in interest, assuming you never pay extra and never refinance.
Estimates only. Actual rates depend on credit, loan type and the day. Wake County property tax is reassessed on a four-year cycle, so a recent revaluation can move the tax line. Talk to a lender for a real quote — we can introduce you to three.
Scored on this data, not hand-picked
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