See Home Value
Wake Forest 27587
1632 Sterling Lake Drive
$1,400,000
● House - Off Market

1632 Sterling Lake Drive

Wake Forest, NC 27587
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
4,959 Ft²
$8,235
Est. Monthly
$83
HOA / Fees

About This Property

Perfectly located in the heart of Wake Forest, this exceptional former Parade Home offers just under 5,000 square feet of beautifully designed living space on a peaceful one-acre lot, minutes from US-1, NC-98, shopping, dining, and downtown Wake Forest. Thoughtfully designed for everyday living and entertaining, the home features a gourmet kitchen with ample cabinetry, butler's pantry, and oversized island that opens to a stunning family room with custom built-ins and a wine lover's wet bar. Elevated finishes include coffered ceilings, hardwood floors in main living areas, custom trim, abundant natural light, fresh interior paint, and custom window treatments. The ideal layout offers a spacious first-floor primary suite and a main-level guest suite. Upstairs includes two additional bedrooms with full baths, multiple bonus spaces, a flex room or office, and a fully equipped home theater. Outdoor living shines with a heated custom pool and spa, expansive patio, large screened porch, outdoor kitchen, fire pit, and separate pool bath. Expanded driveway and 4-car garage complete this rare opportunity in one of Wake Forest's most desirable locations.
Unit Size
4,959 Ft²
Days on Market
-
Land Size
0.99 acres
Price per sqft
$300
Property Type
House
Property Taxes
$835
HOA Dues
$83
Year Built
2014

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Last updated: 5 months ago (TMLS #10144123)

Price History

Date / Event Date Event Price
Jun 8, 2026 Sold
Sold
May 7, 2026 In contract -
In contract
May 6, 2026 Price Decreased $1,490,000
↓ $85K (5.4%)
Price Decreased
Mar 18, 2026 Price Decreased $1,575,000
↓ $25K (1.6%)
Price Decreased
Feb 2, 2026 Listed by LPT Realty LLC $1,600,000
Listed by LPT Realty LLC
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 598
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,124
  • Total Building Area: 4,815
  • Building Area: 4,815
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,815
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE RESERVE
  • Land Acres: 0000000990
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO5 THE RESERVE BM2013-01284

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054211

Zoning

  • Zoning: GR3

Geography

  • Assessors Map Reference: BK 2013 PG 1284
  • Account Number: 0417498
  • District: 19
  • Parcel: 1851.04-61-6121 0417498
  • Lot: 5
  • Municipality: WAKE FOREST
  • Latitude: 35.9775
  • Longitude: -78.4706

    Address

  • Full Address: 1632 Sterling Lake Dr
  • Address - House Number: 1632
  • Address - Street Name: Sterling Lake
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R032
  • 4-Digit Zip Code: 1814
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $945,135

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 91
  • Final Value: 1,274,929
  • High Value: 1,398,458
  • Low Value: 1,151,400

    Market Valuation

  • Market Total Value: $846,240
  • Market Land Value: $130,000
  • Market Improvement Value: $716,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $846,240
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $716,240

    Sales

  • Current Sale Contract Date: Nov 12, 2014
  • Current Sale Recording Date: Nov 12, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 13, 2013
  • Previous Sale Contract Date: Nov 12, 2013
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71
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 Wake Forest


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$2,295 /mo

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537 Austin View Boulevard, Wake Forest, NC, 27587 Listing by Jeff Stoker


Frequently Asked Questions

When was property at 1632 Sterling Lake Drive built and last sold?
The property at 1632 Sterling Lake Drive was built in 2014 and last sold on Nov 12, 2014 for $698,000.
How much is this home worth?
The estimated value of the home located at 1632 Sterling Lake Drive is $0.
What are some comparable homes to 1632 Sterling Lake Drive?
There are currently no comparable homes to 1632 Sterling Lake Drive.