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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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852 Dragonfly Pond Way , Wake Forest, NC 27587
$629,900
Est. Payment: $1,399.78/mo
5 Bed
4 Bath
2764 Sqft
Status: Active | Days on site: 12
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House 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.

Highlights

Listed by Craig Shatilla , 718-614-7086 RE/MAX EXECUTIVE , 919-828-1830.

Property Type

Residential

Lot/Acreage
0.2

HOA Fee

100 Monthly

Year Built

2026

County

Wake

Neighborhood

Sage on North Main

Listing ID

10190993

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:4
Air Cond:Central Air
Fireplaces:Family Room
Floor:Carpet,Ceramic Tile,Vinyl
Above Ground Sq Ft:2764
Below Ground Sq Ft:0
Water:Public

Exterior Features

Roof:Shingle
Others:
  • Additional:Rain Gutters, Covered, Front Porch, Patio, Porch
Sewer:Public Sewer
Parking Features:Driveway,Garage
Principal Interest
$1,400
Taxes
$484
HOA
$100

Home Price

$629,900

Loan Details

30 yrs
%

Down Payment

20%
$125,980
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Monthly Price:
$1,399.78

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,399.78 $484.25 $100.00 $1,984.03
Yearly $16,797.33 $5,811.00 $1,200.00 $23,808.33
Total $503,920.00 $174,330.00 $36,000.00 $714,250.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wake Forest, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.