209 High House Rd, Cary, NC 27513
$399,000
Reduced By $26,000, last change 5/20/2025
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Home Description
Investor's Dream in Prime Downtown Cary - Over $40K Below Appraised Value! Live in One, Rent the Other, or Expand Your Portfolio
Unlock a rare investment opportunity in one of the Triangle's hottest locations — offered at over $40,000 below the appraised value! This well-maintained 3-bedroom, 2-bath ranch home offers 1,778 square feet of charm and space, sitting on a .43-acre R-8 CU-zoned lot just steps from Downtown Cary's popular restaurants, breweries, shopping, and greenways.
Built in 1961, this classic brick home features gleaming hardwood floors throughout, a large family room with fireplace, separate living room, oversized 2-car carport, and great natural light. It's vacant and move-in ready — with a strong market rent of $2,000/month, making it ideal for house hackers or investors looking for immediate returns.
Bonus Opportunity: When purchased with the neighboring home at 207 High House Rd (MLS #10087043), you gain over half an acre in the heart of Cary — a rare and valuable footprint for future development or dual rental income. Both properties have solid rental histories and are zoned for high-demand investment strategies including long-term holds, short-term rentals, or redevelopment.
Whether you're an investor, developer, or someone looking to live in one and rent the other, this is a powerful wealth-building opportunity in a rapidly growing downtown corridor. For the best terms, sellers prefer to sell both properties together.
- Interior: Bathtub/Shower Combination,Ceiling Fan(s),Laminate Counters,Storage
- # Fireplaces: 1
- Fireplace Features: Gas,Living Room
- Appliances: Dishwasher,Range,Range Hood,Refrigerator
- Laundry: Laundry Room,Main Level
- Flooring: Carpet,Ceramic Tile,Hardwood,Vinyl
- Full Baths: 2
- Half Baths: 0
- Exterior: Rain Gutters
- Construction Materials: Brick,Vinyl Siding
- Roof: Composition
- Foundation: Raised
- Patio/Porch: Front Porch,Porch
- Windows: Blinds,Insulated Windows
- Lot: Corner Lot
- Lot Size Acres: 0.43
Available now at $399,000
- Property Type: Single Family Residence
- Style: Ranch
- Levels: One
- New Construction: No
- Heating: Forced Air,Natural Gas
- Cooling: Central Air
- Water Source: Public
- Sewer: Public Sewer
- Total HOA Dues: $0.00
- Annual Taxes: $3,516.00
- Listing Office: Choice Residential Real Estate
- List Status: Active
Neighborhood
The average asking price of a 3 bedroom Cary home in this zip code is
$530,864 (33.0% more than this home).
This home is priced at $224/sqft,
which is 33.8% less than similar homes
in the 27513 zip code.
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School Information
- Elementary:Wake - Briarcliff
- Middle School:Wake - East Cary
- High School:Wake - Cary
Financial
Area Stats
These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(984) 777-0543 and speak with one of our real estate consultants.
Popular Homes
$841,207
$767,470
447
0.4%
28.6%
60
$706,643
$699,999
21
0.0%
33.3%
38
$1,151,324
$899,000
361
1.4%
33.0%
64
$450,414
$395,000
454
1.3%
41.0%
72
$591,627
$479,850
1017
2.1%
41.4%
66
$544,970
$485,000
603
1.3%
37.3%
74
$494,319
$489,250
320
0.6%
35.0%
64
$691,236
$580,000
123
0.0%
39.0%
76
$728,739
$695,000
195
1.0%
40.0%
53
$457,919
$443,495
162
0.6%
62.3%
74
$734,919
$663,550
58
3.4%
44.8%
40
$959,947
$625,000
1764
0.6%
37.8%
71
$550,770
$533,280
90
2.2%
41.1%
61
$810,784
$610,000
513
2.3%
36.3%
71
$506,025
$459,882
346
1.4%
38.7%
91
$618,584
$537,900
249
2.0%
40.6%
86
$496,858
$411,000
293
1.4%
39.2%
77
Listing Courtesy of Choice Residential Real Estate.
For information or to schedule a viewing of this property (MLS# 10087046), call: 984-777-0543
209 High House Rd, Cary NC is a single family home of 1778 sqft and
is currently priced at $399,000
.
This single family home has 3 bedrooms.
A comparable home for sale at 801 Madison Ave in Cary is listed at $500,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Cary, NC.
Pointe View, Weatherstone Creek and Townes Of Madison are nearby neighborhoods.
MLS 10087046 has been posted on this site since 4/5/2025 (today).

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