$629,900
 $3,381 est/mo Sourced by Back At You

852 Dragonfly Pond Way,Wake Forest, NC 27587

Wake Forest, NC 27587

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Description

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.

Details

MLS #10190993
Listing TypeFor Lease
StyleHouse
HOA Dues$100
StatusActive
Year2026
Days On Site23
Listing Provided ByRE/MAX EXECUTIVE | Craig Shatilla

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,764
Garage2
Story(s)2
Acreage0.20
Property ViewTrees, Woods

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Fireplace FeaturesFamily Room
Fireplaces Total1
Fireplace Yes / NoYes
Laundry FeaturesLaundry Room
Rooms Total1

Exterior

Exterior FeaturesRain Gutters
RoofArchitectural Shingle, Shingle
Foundation DetailsSlab
ViewTrees/Woods
Construction MaterialsBrick Veneer, Hardi Plank Type, Shake Siding, Stone
Patio And Porch FeaturesCovered, Front Porch, Patio, Porch

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes
Parking FeaturesDriveway, Garage

Location

Association AmenitiesDog Park, Park, Other

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value70000
Tax Legal DescriptionLO59 SAGE ON NORTH MAIN PH2 BM2025 -02330
Tax Year2026

Area Information

StateNC
CountyWake
CityWake Forest
Zip Code27587
AreaWake
Community NameSage on North Main
School DistrictWake - Wake Forest High School
Elementary SchoolWake - Richland Creek Elementary
High SchoolWake - Wake Forest High School
Listing VS Median (in Sage on North Main)
Price:
$629,900
low | high
Med:
$606,500
53.714875377044% of Average
sqft:
2,764
low | high
Med:
3,021
40.71997105644% of Average
$ / sqft:
$228
low | high
Med:
$202
61.252443653225% of Average
On site:
23
low | high
Med:
126.5
18.181818181818% of Average
Sourced by Back At You

Market Activity 27587

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Learn More About This Property

StateNC
CountyWake
CityWake Forest
Zip Code27587
AreaWake
Community NameSage on North Main
School DistrictWake - Wake Forest High School
Elementary SchoolWake - Richland Creek Elementary
High SchoolWake - Wake Forest High School
Listing VS Median (in Sage on North Main)
Price:
$629,900
low | high
Med:
$606,500
53.714875377044% of Average
sqft:
2,764
low | high
Med:
3,021
40.71997105644% of Average
$ / sqft:
$228
low | high
Med:
$202
61.252443653225% of Average
On site:
23
low | high
Med:
126.5
18.181818181818% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $472K - $787K
sqft: 2,000 - 3,000
Listing Updated: September 10, 2026 at 10:52:41 AM PDT