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Pending
    • Price cut: $50K (8/16)
    $1,500,000

    2345 Ballywater Lea Way, Wake Forest, NC 27587

    4beds
    4,877sqft
    : 
    $8,738/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    1.11 Acres Lot
    $1,461,100 Zestimate®
    $308/sqft
    $105/mo HOA

    What's special

    Bonus roomFitness roomDesigner lightingExtensive custom millworkWalk-in scullerySpa-inspired bathOversized quartz island
    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.
    343 days
    537
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Morton 919-964-0474,

    Morton Bradbury Real Estate Group,

    Isabella Hopkins 919-924-0020,

    Morton Bradbury Real Estate Group

    Source: Doorify MLS,MLS#: 10125204MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 280.44 Square Feet
      • Dimensions: 16.4 x 17.1
      Bedroom 2
      • Level: Second
      • Area: 310 Square Feet
      • Dimensions: 15.5 x 20.0
      Bedroom 3
      • Level: Second
      • Area: 222 Square Feet
      • Dimensions: 14.8 x 15.0
      Primary bathroom
      • Level: Main
      • Area: 245.63 Square Feet
      • Dimensions: 12.1 x 20.3
      Bathroom 2
      • Level: Second
      • Area: 74.74 Square Feet
      • Dimensions: 7.4 x 10.1
      Bathroom 3
      • Level: Second
      • Area: 47.37 Square Feet
      • Dimensions: 9.11 x 5.2
      Bathroom 4
      • Level: Upper
      • Area: 46.08 Square Feet
      • Dimensions: 4.8 x 9.6
      Breakfast room
      • Level: Main
      • Area: 106.65 Square Feet
      • Dimensions: 13.5 x 7.9
      Dining room
      • Level: Main
      • Area: 256 Square Feet
      • Dimensions: 12.8 x 20.0
      Exercise room
      • Level: Second
      • Area: 131.43 Square Feet
      • Dimensions: 10.11 x 13.0
      Family room
      • Level: Second
      • Area: 466.46 Square Feet
      • Dimensions: 28.1 x 16.6
      Kitchen
      • Level: Main
      • Area: 495.36 Square Feet
      • Dimensions: 19.2 x 25.8
      Laundry
      • Level: Second
      • Area: 67.74 Square Feet
      • Dimensions: 10.11 x 6.7
      Living room
      • Level: Main
      • Area: 362.6 Square Feet
      • Dimensions: 19.6 x 18.5
      Office
      • Level: Main
      • Area: 152.21 Square Feet
      • Dimensions: 11.11 x 13.7
      Heating
      • Forced Air, Heat Pump, Natural Gas
      Cooling
      • Central Air, Dual
      Appliances
      • Included: Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Vented Exhaust Fan, Wall Oven
      • Laundry: Laundry Room, Multiple Locations, Upper Level
      Features
      • Breakfast Bar, Built-in Features, Bookcases, Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Downstairs, Tray Ceiling(s), Wet Bar, Walk-In Closet(s), Butler's Pantry, Shower Only, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings
      • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
      • Doors: Sliding Doors
      • Basement: Crawl Space
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Living Room, Outside
      Interior area
      • Total structure area: 4,877
      • Total interior livable area: 4,877 sqft
      • Finished area above ground: 4,877
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Concrete, Driveway, Garage, Garage Door Opener
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Screened
      • Exterior features: Private Yard, In Parade of Homes
      Lot
      • Size: 1.11 Acres
      • Features: Landscaped, Many Trees
      Details
      • Parcel number: 1821.02550438.000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Transitional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Fiber Cement
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2024
      Details
      • Builder name: ICG Homes

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Community Water
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
      Green energy
      • Energy efficient items: Appliances

      Community & HOA

      Community
      • Features: Street Lights
      • Security: Smoke Detector(s)
      • Subdivision: Waterstone Manors
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $1,260 annually
      • HOA name: PPM Management Co./The Manors at Waterstone HOA
      • HOA phone: 919-848-4911
      Location
      • Region: Wake Forest

      Financial & listing details

      • Price per square foot: $308/sqft
      • Tax assessed value: $1,437,949
      • Annual tax amount: $9,217
      • Date on market: 10/2/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,VA Loan

        Estimated market value

        $1,461,100

        $1.39M - $1.53M

        $4,751/mo

        Price history

        DateEventPrice
        8/22/2026Pending sale$1,500,000$308/sqft
        Source: Doorify MLS #10125204 Report a problem
        8/16/2026Price change$1,500,000-3.2%$308/sqft
        Source: Doorify MLS #10125204 Report a problem
        7/31/2026Price change$1,550,000-3.1%$318/sqft
        Source: Doorify MLS #10125204 Report a problem
        7/15/2026Price change$1,599,500-2.9%$328/sqft
        Source: Doorify MLS #10125204 Report a problem
        6/28/2026Price change$1,648,000-0.1%$338/sqft
        Source: Doorify MLS #10125204 Report a problem
        5/17/2026Price change$1,649,000-3%$338/sqft
        Source: Doorify MLS #10125204 Report a problem
        3/2/2026Price change$1,700,000-2.9%$349/sqft
        Source: Doorify MLS #10125204 Report a problem
        10/2/2025Listed for sale$1,750,000+9.4%$359/sqft
        Source: Doorify MLS #10125204 Report a problem
        12/2/2024Sold$1,600,000-3%$328/sqft
        Source: Doorify MLS #10002395 Report a problem
        10/18/2024Pending sale$1,650,000$338/sqft
        Source: Doorify MLS #10002395 Report a problem
        12/15/2023Listed for sale$1,650,000+159.8%$338/sqft
        Source: Doorify MLS #10002395 Report a problem
        4/1/2021Sold$635,000$130/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,217 +493.7%$1,437,949 +199.5%
        2024$1,553 +10.6%$480,100 +166.7%
        2023$1,403 +8%$180,000
        2022$1,300 $180,000
        2021-- $180,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27587

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - North Forest Pines Elementary
        • Middle: Wake - Wakefield Middle
        • High: Wake - Wakefield High

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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