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Cary 27518 Fernwood
109 Olde Tree Drive
$700,000
● House - Off Market

109 Olde Tree Drive

Cary, NC 27518
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,729 Ft²
$3,825
Est. Monthly
$40
HOA / Fees

About This Property

Tucked away on a quiet cul-de-sac, 109 Olde Tree Drive is a Cary gem that has been reimagined from top to bottom. If you've been searching for that rare combination of modern interior design and a private backyard oasis, this is the one.  Step inside and you'll immediately notice the fresh, airy feel. The current owners have meticulously updated the home, removing all popcorn ceilings and installing stunning new hardwood floors that flow throughout. Every wall has a fresh coat of paint, complemented by stylish new light fixtures that add a touch of contemporary flair to every room.  The kitchen is a true showstopper. Completely redone, it features gleaming quartz countertops, new sink, a chic new backsplash, and freshly painted cabinetry that makes the space pop. All new appliances. It's perfectly situated near the unique first-floor cafe room-the ideal spot for a morning espresso or a quiet afternoon read. With a convenient bedroom also located on the main level, the floor plan offers incredible flexibility.  The transformation continues outside. The backyard is designed for year-round enjoyment, featuring a sparkling in-ground heated saltwater pool with a brand-new liner, pool pump & salt chlorinator. Entertain on the expansive wooden deck and pergola, all set within a fully fenced yard that offers a sense of true retreat. Whether you're hosting a summer poolside gathering or enjoying a crisp evening under the pergola, this outdoor space is ready for it all.  With every detail handled-from the major upgrades to the subtle finishes-this home is completely move-in ready and waiting for you to start your next chapter.  Brand new 1st Floor HVAC 2026. Roof 2018. All new paint inside and out.
Unit Size
2,729 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$256
Property Type
House
Property Taxes
$352
HOA Dues
$40
Year Built
1997

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Last updated: 4 months ago (TMLS #10174775)

Price History

Date / Event Date Event Price
Jul 30, 2026 Sold
Sold
Jun 21, 2026 In contract -
In contract
Jun 18, 2026 Listed by Compass -- Cary $699,000
Listed by Compass -- Cary
May 31, 2024 Sold
Sold
Apr 19, 2024 Listed by Cornerstone Properties $550,000
Listed by Cornerstone Properties
Welcome to this spacious Cary home nestled in a vibrant neighborhood known for its charm and convenience. Boasting a 35x15 in-ground pool, this backyard oasis is complemented by a surrounding patio, a 16x11 brick grilling patio, and a 22x11 deck, perfect for entertaining or enjoying quiet evenings under the stars. Say goodbye to pesky mosquitoes with the built-in misting system, enhancing your outdoor experience. Inside, the primary bathroom offers a serene retreat with a garden tub and separate shower. Large bonus room over garage offers plenty of space for gatherings, toys, etc. This home exudes comfort and functionality, with ample space for both relaxation and recreation. Don't miss the opportunity to make this your own slice of paradise in Cary.
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 272
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,675
  • Building Area: 2,675
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,675
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FERNWOOD SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO51 FERNWOOD SUB PH2 BM1995-1538

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053405

Zoning

  • Zoning: R12

Geography

  • Account Number: 0218888
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0761.03-02-9984 0218888
  • Lot: 51
  • Municipality: WHITE OAK
  • Latitude: 35.7088
  • Longitude: -78.7945

    Address

  • Full Address: 109 Olde Tree Dr
  • Address - House Number: 109
  • Address - Street Name: Olde Tree
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R041
  • 4-Digit Zip Code: 2266
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $374,968

    Appraisal Valuation

  • Standard Deviation: 0.1314
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 85
  • Final Value: 614,135
  • High Value: 694,851
  • Low Value: 533,420

    Market Valuation

  • Market Total Value: $386,696
  • Market Land Value: $95,000
  • Market Improvement Value: $291,696

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $386,696
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $291,696

    Sales

  • Current Sale Contract Date: Mar 04, 2011
  • Current Sale Recording Date: Mar 04, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 24, 2003
  • Previous Sale Contract Date: Jul 23, 2003
  • Previous Sale Amount: $271,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fernwood


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Nearby Rentals

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Unit for rent at 616 Angelica Circle, Cary, NC, 27518

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Unit for rent at 3921 Bamburgh Lane, Apex, NC, 27539

$1,750 /mo

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3921 Bamburgh Lane, Apex, NC, 27539 Listing by Chilon Anderson


Frequently Asked Questions

When was property at 109 Olde Tree Drive built and last sold?
The property at 109 Olde Tree Drive was built in 1997 and last sold on Mar 4, 2011 for $275,000.
How much is this home worth?
The estimated value of the home located at 109 Olde Tree Drive is $705,990.
What are some comparable homes to 109 Olde Tree Drive?
There are currently no comparable homes to 109 Olde Tree Drive.