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$629,900

852 Dragonfly Pond Way, Wake Forest, NC 27587
Wake Forest, NC 27587
Listed by Craig Shatilla · RE/MAX EXECUTIVE
Bedrooms
5
Bathrooms
4
Living area
N/A
Year built
2026

About this home

Model Home Lease back investment opportunity with long term tenant! $4750 monthly income through November 8, 2027 for Sale in Wake Forest, NC | 852 Dragonfly Pond Way in Sage on N Main. If you have been searching for a true model home in Wake Forest, NC, look no further than 852 Dragonfly Pond Way in the highly desirable Sage on N Main community. This exceptional 5-bedroom, 4-bath luxury home offers designer upgrades, flexible living space, sought-after neighborhood amenities, and a valuable model-home leaseback opportunity. Currently operating as a builder model home leaseback, this property offers an income-producing opportunity while giving its next owner time to plan a smooth, stress-free move. The buyer pays HOA dues and property taxes, making this an appealing short-term investment with long-term benefits for buyers seeking a new construction-style home in Wake Forest. Inside, this beautifully appointed home is filled with high-end finishes and thoughtful upgrades. The gourmet kitchen is designed for both everyday living and entertaining, featuring an oversized quartz island, quartz countertops, abundant workspace, and an open flow into the dining area and family room. A gas-log fireplace adds warmth and comfort to the inviting main living space. The first-floor owner's suite offers the convenience of main-level living, complete with a tray ceiling, spa-inspired ensuite bath, and generously sized walk-in closet. A separate first-floor guest suite provides an ideal space for visitors, multigenerational living, or a private home office. The upgraded laundry room includes a utility sink and extra cabinetry for convenient, out-of-sight storage and organization. Upstairs, you will find three additional bedrooms, two full bathrooms, and a versatile loft that can serve as a media room, playroom, fitness area, study space, or second living room. Outdoor entertaining is easy with a covered porch and custom patio. Residents of Sage on N Main enjoy exceptional community amenities, including a dog park, fire pit, community garden, bocce ball and cornhole court, and grilling patio. This is more than a home—it is an opportunity to own a stunning Wake Forest model home with luxury finishes, a flexible leaseback arrangement, and an outstanding location near the shops, dining, and charm of downtown Wake Forest. The only thing missing is you.

Highlights

Fireplace

Property details

MLS
Doorify MLS
MLS #
10190993
Property type
Single Family Residence
Subdivision
Sage on North Main
Status
Active
Days on market
45
On market date
September 10, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
N/A
Lot size
0.2 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Richland Creek Elementary
1.32 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
476
Student:teacher ratio
12.2:1
District
Wake County Schools
Middle
Wake Forest Middle School
3.63 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
1,122
Student:teacher ratio
17.0:1
District
Wake County Schools
High
Vernon Malone College and Career Academy
18.89 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
342
Student:teacher ratio
14.9:1
District
Wake County Schools

Walkability

Blended score for Wake Forest's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

51
Somewhat walkable
out of 100
EPA National Walkability Index
6.7 / 20 -- Below average walkable
Google Places amenity density
78 / 100
Restaurants & cafes9
Grocery stores4
Parks6
Schools3
Transit stops0
Pharmacies1

Market position

How this listing compares to current activity in Wake Forest, from live MLS data.

On the market 45 days -- 46 fewer days than Wake Forest's current average of 91 days.
For reference, the median list price across 643 active listings in Wake Forest right now is $465,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,943/mo
$125,980 down
$503,920 loan
Principal & interest$3,268
Property tax (est.)$525
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 10, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.