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22 photos

$394,900

318 Madison Grove Place, Cary, NC 27519
Cary, NC 27519
Listed by Ashley Wilson DeWeese · Keller Williams Legacy
Bedrooms
2
Bathrooms
2.5
Living area
N/A
Year built
1998

About this home

MOTIVATED SELLERS AND FULLY FURNISHED HOME IN CARPENTER VILLAGE!! Located in Cary's highly desirable Carpenter Village community, this three-story townhome offers flexible living space and convenient access to RTP, Morrisville, downtown Cary, RDU International Airport, shopping, dining, greenways, and major commuter routes. The main level features hardwood flooring, a spacious living room with a fireplace, and an open kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and a large center island with bar seating. A rear patio provides additional space for grilling or relaxing outdoors. Upstairs, the primary suite includes a walk-in closet and private bath, along with a secondary bedroom and full bath. The third-floor bonus room offers flexible space for a home office, media room, gym, playroom, or guest area, plus additional storage. Enjoy low-maintenance living, community amenities, parks, and greenways in a prime Cary, NC location near RTP and the greater Triangle.

Highlights

Fireplace

Property details

MLS #
10178394
Property type
Townhouse
Subdivision
Carpenter Village
Status
Active
Days on market
94
On market date
July 7, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
1
Parking spaces
3
Lot size
0.04 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Carpenter Elementary
0.84 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
720
Student:teacher ratio
13.8:1
District
Wake County Schools
Middle
Davis Drive Middle
3.02 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
5.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
921
Student:teacher ratio
11.2:1
District
Wake County Schools
High
Green Hope High
1.34 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
2,070
Student:teacher ratio
19.3:1
District
Wake County Schools

Walkability

Blended score for Cary'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).

46
Somewhat walkable
out of 100
EPA National Walkability Index
8.7 / 20 -- Below average walkable
Google Places amenity density
50 / 100
Restaurants & cafes2
Grocery stores1
Parks3
Schools4
Transit stops3
Pharmacies0

Market position

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

On the market 94 days -- 6 more days than Cary's current average of 88 days.
For reference, the median list price across 530 active listings in Cary right now is $507,000.

Mortgage calculator

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Est. monthly payment
$2,528/mo
$78,980 down
$315,920 loan
Principal & interest$2,049
Property tax (est.)$329
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 26 days ago.

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.