See Home Value
Wake 27587
2345 Ballywater Lea Way
$1,515,000
● House - Off Market

2345 Ballywater Lea Way

Wake Forest, NC 27587
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
4,877 Ft²
$8,239
Est. Monthly
$105
HOA / Fees
1.40%
Cap Rate

About This Property

Set on a 1.11-acre homesite in Wake Forest's prestigious Waterstone Manors, this custom residence by award-winning ICG Homes was featured in the 2024 Parade of Homes and offers nearly 4,900 square feet of thoughtfully designed luxury living.   Ideally located just minutes from Falls Lake, downtown Wake Forest, premier shopping, dining, and convenient access to Raleigh, Waterstone Manors offers the privacy of estate living while remaining connected to everything the Triangle has to offer.  Inside, soaring 12-foot ceilings, designer lighting, and extensive custom millwork create an elegant backdrop throughout the home. The chef's kitchen is designed to impress, featuring Thermador appliances, an oversized quartz island, custom cabinetry, a walk-in scullery, butler's pantry, and an inviting dining space that serves as the heart of the home for everyday living and effortless entertaining.  The main-level owner's suite provides a peaceful retreat with a spa-inspired bath and a custom walk-in closet complete with its own washer and dryer. Upstairs, a spacious laundry room with custom cabinetry and a utility sink adds everyday convenience. A private flex room with an en-suite bath currently serves as a home office but easily functions as a second main-level bedroom or guest suite, making the home ideal for multigenerational living, long-term guests, or those seeking first-floor flexibility. Spacious secondary bedrooms, a bonus room, fitness room, and multiple gathering spaces create a floor plan that adapts beautifully to every stage of life. While permitted for four bedrooms, the versatile layout lives comfortably like a six-bedroom residence.  Designed to embrace indoor-outdoor living, expansive four-panel sliding glass doors open to a screened porch with a fireplace overlooking the peaceful, tree-lined backyard. The homesite offers the perfect setting for quiet mornings, relaxed evenings, and entertaining year-round while enjoying the natural beauty that define Waterstone Manors.  Offering the character of a fully realized custom home and the peace of mind of nearly new construction, this residence is a rare opportunity to own one of Wake Forest's finest luxury homes.
Unit Size
4,877 Ft²
Days on Market
377 days
Land Size
1.11 acres
Price per sqft
$308
Property Type
House
Property Taxes
$768
HOA Dues
$105
Year Built
-

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Last updated: 11 days ago (TMLS #10125204)

Price History

Date / Event Date Event Price
Oct 14, 2026 Sold
Sold
Aug 22, 2026 In contract -
In contract
Aug 16, 2026 Price Decreased $1,500,000
↓ $50K (3.2%)
Price Decreased
Jul 31, 2026 Price Decreased $1,550,000
↓ $50K (3.1%)
Price Decreased
Jul 16, 2026 Price Decreased $1,599,500
↓ $49K (2.9%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MANORS AT WATERSTONE RESERVE
  • Land Acres: 0000001110
  • Standard Land Use Code: 8000
  • County Land Use Code: V
  • Legal Description 1: LO6 THE MANORS AT WATERSTONE RESERVE BM2021-00273

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053901

Zoning

  • Zoning: R-80W

Geography

  • Account Number: 0482159
  • District: 14
  • Parcel: 1821.02-55-0438 0482159
  • Lot: 6
  • Municipality: NEW LIGHT
  • Latitude: 35.9899
  • Longitude: -78.5774

    Address

  • Full Address: 2345 Ballywater Lea Way
  • Address - House Number: 2345
  • Address - Street Name: Ballywater Lea
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R040
  • 4-Digit Zip Code: 3334
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,346

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $180,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,000
  • Assessed Land Value: $180,000

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Price:
  • Current 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 12554 Honeychurch Street, Raleigh, NC, 27614

$2,495 /mo

  • 4 Beds
  • 2 Baths
  • 2,616 ft²
12554 Honeychurch Street, Raleigh, NC, 27614 Listing by BRIAN SCHAMBS


Frequently Asked Questions

When was property at 2345 Ballywater Lea Way built and last sold?
The property at 2345 Ballywater Lea Way was built in and last sold on Mar 31, 2021 for $635,000.
How much is this home worth?
The estimated value of the home located at 2345 Ballywater Lea Way is $1,492,801.
What are some comparable homes to 2345 Ballywater Lea Way?
There are currently no comparable homes to 2345 Ballywater Lea Way.