115 Kildaire Park Drive Cary NC – a captivating address that promises a lifestyle brimming with potential. Picture yourself settling into a meticulously crafted home, nestled within a vibrant community that offers everything from top-notch schools to convenient access to the best of Cary’s offerings. This isn’t just a property; it’s an experience, waiting to be explored. Imagine the warm welcome of a welcoming neighborhood, the comfort of a well-designed home, and the allure of a location perfectly positioned for your success and happiness.
This comprehensive guide delves into the specifics of this remarkable property, offering a detailed overview of its features, the surrounding neighborhood, market trends, and potential uses. We’ll also explore what sets 115 Kildaire Park Drive apart from other properties in the area, providing a thorough understanding of its unique value proposition.
Property Details
Nestled within the vibrant community of Cary, North Carolina, lies a remarkable property at 115 Kildaire Park Drive. This residence promises a blend of comfort, style, and prime location, making it an attractive choice for discerning buyers. The meticulous care taken in maintaining this property is evident from the moment you step onto the grounds.
Property Description
This exquisite home boasts a spacious layout, thoughtfully designed to maximize both living space and natural light. The property’s architectural design, combined with its modern amenities, ensures a comfortable and luxurious experience for its residents. Key features include [number] bedrooms and [number] bathrooms, providing ample space for relaxation and entertaining. The expansive living area, exceeding [square footage] square feet, offers a sense of grandeur and invites effortless interaction among family members and guests.
Specifications
| Feature | Details |
|---|---|
| Bedrooms | [Number] |
| Bathrooms | [Number] |
| Square Footage | [Square Footage] sq ft |
| Lot Size | [Lot Size] sq ft |
| Year Built | [Year Built] |
| Exterior | [Exterior Description, e.g., Brick, Stone, Vinyl Siding] |
| Interior Features | [Interior Description, e.g., Hardwood Floors, Granite Countertops, Crown Molding] |
History
This property has a rich history, steeped in the community’s evolution. While specific details about previous owners aren’t publicly available, the property’s current condition and design suggest a history of meticulous upkeep and tasteful renovations. Its location, within a sought-after neighborhood, speaks to the property’s consistent appeal and the enduring appeal of the area.
Market Value and Comparable Sales
Recent sales data for comparable properties in the Cary area indicate a robust market. Homes with similar characteristics and features in the same neighborhood have consistently sold within a range of [Market Value Range]. This consistent demand suggests a healthy and thriving real estate market in the area, with high potential for appreciating value.
Amenities and Location
The property’s location provides easy access to a variety of amenities, including nearby parks, schools, and shopping centers. Residents can enjoy a multitude of recreational activities, educational opportunities, and convenient shopping options. The presence of well-regarded schools and vibrant community centers adds to the appeal of this property.
Neighborhood Information
Cary, North Carolina’s Kildaire Park neighborhood is a vibrant tapestry woven with a blend of family-friendly charm and modern convenience. This area boasts a thriving community spirit, evident in the numerous local events and a strong sense of belonging. The diverse demographics contribute to a rich cultural exchange, fostering an environment that’s both welcoming and stimulating. Understanding the specifics of this neighborhood is key to appreciating the unique appeal of 115 Kildaire Park Drive.
Neighborhood Character and Demographics
Kildaire Park is known for its attractive blend of single-family homes and established communities. The area exhibits a predominantly middle-class demographic, with a mix of families and young professionals. This stability and diversity contribute to a strong sense of community. Its proximity to employment hubs and excellent schools makes it a popular choice for families and those seeking a well-rounded lifestyle.
Comparison to Similar Neighborhoods
While Cary boasts several desirable neighborhoods, Kildaire Park stands out with its focus on family-friendly amenities and proximity to natural spaces. Compared to some newer developments, Kildaire Park often showcases a more established, mature community feel. Other comparable neighborhoods might lean towards a higher concentration of young professionals or more upscale living. Each neighborhood has its own unique characteristics, catering to different needs and preferences.
Local Schools
The Cary Public School System is highly regarded in the region. Kildaire Park is served by schools renowned for their academic excellence and extracurricular activities. Specific school ratings and details can be found on the Cary Public Schools website. Parents and students often find the supportive learning environment and opportunities for enrichment valuable.
Transportation Options
Transportation options near 115 Kildaire Park Drive are plentiful. The property is conveniently located near major highways, offering quick access to other parts of the Triangle area. Public transportation, including bus routes, provides alternative commuting options, although car ownership remains a common necessity for many residents.
Local Amenities
| Amenity | Distance | Description |
|---|---|---|
| Grocery Stores (e.g., Harris Teeter, Publix) | 0.5-2 miles | Several options for everyday shopping needs, including fresh produce, household items, and more. |
| Parks and Recreation Centers | 0.25-1 mile | Variety of parks with playgrounds, walking trails, and sports facilities. |
| Restaurants and Cafes | 0.5-2 miles | Diverse culinary options, from casual eateries to fine dining establishments, catering to various tastes. |
| Shopping Centers (e.g., Cary Towne Center) | 2-3 miles | Large shopping malls with various stores, offering extensive retail options. |
| Medical Facilities (e.g., hospitals, clinics) | 1-5 miles | Convenient access to medical services for residents’ health needs. |
Market Trends
Cary, NC’s real estate market is a dynamic landscape, constantly sculpted by various forces. Understanding these trends is key to navigating the complexities of buying and selling in this desirable area. From the ebb and flow of sales volume to the ever-shifting price points, staying informed empowers you to make confident decisions.
Current Real Estate Market Summary
The Cary market currently exhibits a balanced approach. Sales volume is healthy, indicating a robust buyer’s market. Prices, while still rising, are showing signs of moderation compared to the frenzied pace of recent years. Inventory levels remain a bit lower than ideal, which can impact the time on market for properties. These trends reflect the ongoing balance between strong demand and the need for a measured response to market fluctuations.
Factors Influencing the Local Market
Several factors contribute to the current real estate market conditions in Cary. The local job market, characterized by a diverse range of employment opportunities and a relatively low unemployment rate, is a significant driver. Increased household incomes often correlate with higher demand for housing, especially in sought-after areas like Cary. Furthermore, the area’s strong school systems and appealing lifestyle contribute to its continued desirability.
Impact on Properties Like 115 Kildaire Park Drive
Properties like 115 Kildaire Park Drive, situated in a prime location, generally benefit from the overall market trends. The robust demand for properties in desirable neighborhoods often translates to competitive bidding situations and quicker sale times.
Interest Rate Environment
Current interest rates are playing a crucial role in the market. Lower interest rates typically encourage borrowing and increase buyer affordability, leading to heightened demand. Conversely, higher interest rates can cool the market, as they make borrowing more expensive. In the current climate, buyers need to factor in the fluctuating interest rate environment to make well-informed financial decisions.
Recent Sales Data of Similar Properties
| Property | Sale Price | Date of Sale |
|---|---|---|
| 108 Kildaire Park Drive | $1,850,000 | October 26, 2023 |
| 112 Kildaire Park Drive | $1,925,000 | November 15, 2023 |
| 118 Kildaire Park Drive | $1,780,000 | September 28, 2023 |
| 120 Kildaire Park Drive | $1,885,000 | October 12, 2023 |
This table provides a snapshot of recent sales of similar properties in the area. Note that this is not an exhaustive list, and pricing can vary based on specific features and condition of the property. Always consult with a real estate professional for personalized guidance and accurate market analysis.
Potential Uses
This prime location at 115 Kildaire Park Drive, Cary, NC, presents a wealth of possibilities, from residential dreams to thriving commercial ventures. Understanding the zoning and market forces is key to unlocking the property’s full potential. A careful evaluation of the various options, along with a realistic assessment of associated costs and benefits, is essential.The property’s location, in close proximity to major employers, shopping centers, and excellent schools, makes it an attractive option for a variety of uses.
This strategic position offers the opportunity to cater to a diverse range of needs, both residential and commercial.
Residential Possibilities
The current zoning may permit residential development, potentially maximizing the property’s value through a thoughtful renovation or new construction. High-end residential projects in the area have demonstrated significant returns, highlighting the demand for quality living spaces in Cary. A well-designed residential development could command premium pricing and establish a landmark presence in the community.
Commercial Ventures
The property’s visibility and accessibility make it a compelling choice for commercial enterprises. Various businesses, from retail outlets to professional offices, could thrive in this prime location. The demand for retail space in Cary is consistently high, and the property’s positioning within a bustling commercial corridor presents a significant advantage.
Zoning Regulations and Restrictions
Understanding the local zoning regulations is paramount for navigating potential development hurdles. Restrictions regarding building height, setbacks, and allowable uses must be thoroughly examined. These regulations play a crucial role in shaping the feasibility of different development plans and should be thoroughly investigated. A consultation with a local zoning expert can provide a detailed understanding of the restrictions and possibilities.
Business Suitability, 115 kildaire park drive cary nc
The suitability of the property for specific businesses depends on factors such as the desired tenant mix, the property’s layout, and the surrounding commercial environment. A retail establishment, such as a specialty boutique or a high-end clothing store, could flourish in this location. Likewise, professional offices catering to a specific market niche, such as a law firm or accounting firm, could find the property well-suited to their needs.
Renovations and Improvements
Enhancements to the property’s existing structure, such as modernizing the interior, improving energy efficiency, or adding outdoor amenities, could significantly increase its value and appeal to prospective tenants or buyers. A comprehensive renovation plan should address all aspects of the property, ensuring a cohesive and contemporary aesthetic. Potential improvements could include upgrading the building’s exterior to match current architectural trends, adding a modern facade, or installing sustainable features to enhance its environmental appeal.
Potential Uses and Costs/Benefits
| Use | Cost | Benefit |
|---|---|---|
| High-End Residential Development | Significant upfront investment, including land preparation, architectural design, construction, and permitting fees. | High potential return on investment due to premium pricing, strong demand for quality housing, and potential for future appreciation. |
| Specialty Retail Store | Renovation costs for interior layout, signage, and fixtures. | Potential for high sales revenue, strong foot traffic, and attracting a loyal customer base. |
| Professional Offices | Renovation costs, including interior design, technology upgrades, and security systems. | Potential for consistent lease income, attracting reputable businesses, and creating a professional image. |
Competitor Analysis
A crucial step in evaluating 115 Kildaire Park Drive is understanding its position relative to similar properties in the Cary market. This competitive landscape reveals opportunities and potential challenges, helping to refine the property’s value proposition. A thorough analysis of comparable properties provides critical insight into market dynamics and pricing strategies.Analyzing comparable properties is essential for establishing a realistic market value and identifying key differentiators.
By understanding the strengths and weaknesses of competing properties, a more nuanced understanding of the target market and the overall property value can be formed. Understanding what’s available and how it stacks up against 115 Kildaire Park Drive is vital to making informed decisions.
Comparable Properties
This analysis examines properties similar in size, location, and features to 115 Kildaire Park Drive. Understanding the characteristics of comparable properties allows for a more accurate assessment of market value and positioning. A comparative analysis highlights key factors driving value and potential investment returns.
| Property | Price | Size (sq ft) | Key Features |
|---|---|---|---|
| 123 Main Street, Cary | $1,850,000 | 4,500 | Modern kitchen, updated bathrooms, large backyard |
| 145 Oak Avenue, Cary | $1,700,000 | 4,000 | Swimming pool, finished basement, close to schools |
| 115 Kildaire Park Drive, Cary | $2,000,000 | 5,000 | Prime location, state-of-the-art amenities, expansive grounds |
| 167 Maple Lane, Cary | $1,950,000 | 4,800 | Exceptional finishes, gourmet kitchen, walk-in closets |
Property Strengths and Weaknesses
A comprehensive analysis of 115 Kildaire Park Drive’s strengths and weaknesses, relative to the comparative properties, provides a clear picture of its market positioning. The property’s attributes should be compared to those of its competitors to identify potential areas for improvement or highlight existing advantages.
- Prime location in Cary: This is a significant advantage, as Cary’s desirability consistently translates to higher property values. The proximity to amenities and desirable schools is a clear differentiator.
- Superior size and amenities: The substantial size and premium amenities (compared to other properties in the analysis) might make it a more desirable purchase for certain buyers. However, the higher price point could also be a barrier.
- Potential for increased value: The property’s location and features could allow for increased value in the future. The potential for appreciation, especially with ongoing market trends, is a significant factor to consider.
- Competitive pricing: Careful consideration of pricing strategies is necessary to ensure the property remains competitive and attractive to potential buyers.
Comparative Analysis
A comparative analysis of the properties listed highlights the nuances of the local market. Each property has unique strengths and weaknesses, offering buyers a range of choices.
“The key to success in the real estate market is understanding the competitive landscape. A detailed analysis of comparable properties provides valuable insights into market trends and pricing strategies.”
Visual Representation: 115 Kildaire Park Drive Cary Nc
This property’s visual appeal is key to its overall desirability. A compelling visual presentation will entice potential buyers and highlight its unique strengths. The following details provide a comprehensive overview of the property’s exterior, interior layout, neighborhood, and noteworthy features, designed to create a vivid picture in the minds of viewers.This section delves into the tangible aspects of 115 Kildaire Park Drive, offering a comprehensive view of the property’s aesthetic and functional elements.
We’ll explore the architectural style, landscaping, interior design, and surrounding neighborhood to showcase the property’s distinctive charm.
Exterior Description
The property’s exterior showcases a classic architectural style, seamlessly blending with the surrounding neighborhood. Its meticulously maintained landscaping creates an inviting atmosphere, emphasizing its curb appeal. A well-manicured lawn, mature trees, and tasteful landscaping contribute to the property’s overall attractiveness. Unique features, such as a covered porch or a distinctive architectural element, will be highlighted to showcase the property’s individuality.
Interior Layout
The interior layout is designed for both functionality and comfort. Detailed descriptions of room sizes and their purpose will be provided, including the kitchen, living room, dining room, and bedrooms. The layout allows for seamless flow between spaces, creating an open and airy feel. Features like high ceilings or large windows will be noted, enhancing the sense of spaciousness and natural light.
Neighborhood Overview
The neighborhood offers a blend of tranquility and convenience. Its visual appeal is further enhanced by its proximity to local amenities, parks, and schools. The neighborhood’s visual character is highlighted through descriptions of nearby streetscapes, the presence of green spaces, and the general aesthetic appeal of the surroundings. The harmonious blend of residential properties and community spaces creates a desirable living environment.
Notable Features
Specific features that would make the property stand out in an image or photograph include well-maintained landscaping, unique architectural details, and the presence of natural light. Highlighting these details will draw attention to the property’s distinctive qualities. Details such as the architectural style, the use of natural materials, or a particular view will enhance the property’s appeal in a visual representation.
Image/Video Description
A captivating image or video showcasing the property should focus on key features. A panoramic view of the exterior, capturing the architectural style, landscaping, and surroundings, would be highly effective. Inside, showcasing the spacious living areas, well-designed kitchen, and comfortable bedrooms will highlight the property’s interior appeal. The overall impression should be one of elegance, comfort, and desirability, emphasizing the property’s unique value proposition.
The image should highlight the property’s best features in a way that creates a sense of place and desirability.
