Waterstone Reserve Market Report

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The Manors At Waterstone Reserve

Download PDF Report Price Index: 99.9 · Premium-Priced (Thin data) (+52.8% vs. comparable)

$1,500,000* Median Price

$1,500,000* Avg Price

$353* Avg $/sqft

$1,365,000 Low

$1,650,000 High

5 Sales (12mo)

~101* Homesites

~5.0%* Annual Turnover

* Pricing excludes 0 townhome sales to reflect single-family home values. All sales are included in the sales count.

$1,142,673 Median Assessed

$7,507 Est. Annual Tax

$626 Est. Monthly Tax

$0.657 Rate per $100

76.2% Assessment-to-Sale

Land 20% — $224,675 Building 80% — $938,423

Wake County rate: $0.657 per $100 assessed (unincorporated)

Data source: Wake County Public Records · Generated live · Prepared by Costello Real Estate & Investments Triangle, LLC

Avg $/sqft — 12-Month Trend

Location

Recent Sales

Address	Price	Sqft	$/sqft	Year Built	Sale Date
2013 RESERVE FALLS LN	$1,385,000	4204	$329	2017	2025-12-29
2328 BALLYWATER LEA WAY	$1,600,000	4479	$357	2025	2025-12-21
1901 HALEY PINES WAY	$1,365,000	3902	$350	2018	2025-10-27
2305 BALLYWATER LEA WAY	$1,650,000	—	—	2025	2025-09-18
2112 COLIN HILL CT	$1,500,000	3982	$377	2018	2025-08-14

Explore the Area

About This Neighborhood

15 public · 3 private within 5 mi Grades from NC DPI (2024)

Public Schools

School	Grades	NC Grade	Enrollment	Distance
North Wake College and Career Academy	9-13	A	353	2.3 mi
Student:Teacher 17:1 Performance Score 86/100 Growth Met Student Demographics White 32% Black 36% Hispanic 22% Asian 4% Two+ 5% View Full NC Report Card
Wakefield High	9-12	B	2072	2.7 mi
Student:Teacher 19:1 Performance Score 79/100 Growth Exceeded Student Demographics White 45% Black 28% Hispanic 19% Asian 5% Two+ 3% View Full NC Report Card
Wakefield Middle	6-8	B	898	2.8 mi
Student:Teacher 16:1 Performance Score 71/100 Math Grade C Reading Grade B Growth Met Student Demographics White 57% Black 19% Hispanic 14% Asian 4% Two+ 4% View Full NC Report Card
Wakefield Elementary	PK-5	C	499	2.9 mi
Student:Teacher 13:1 Performance Score 62/100 Math Grade C Reading Grade C Growth Met Student Demographics White 34% Black 35% Hispanic 24% Asian 3% Two+ 3% View Full NC Report Card
Forest Pines Drive Elementary	PK-5	C	516	2.9 mi
Student:Teacher 14:1 Performance Score 59/100 Math Grade C Reading Grade D Growth NotMet Student Demographics White 34% Black 32% Hispanic 23% Asian 4% Two+ 7% View Full NC Report Card
North Forest Pines Elementary	PK-5	B	554	2.9 mi
Student:Teacher 14:1 Performance Score 70/100 Math Grade B Reading Grade C Growth Met Student Demographics White 53% Black 14% Hispanic 24% Asian 1% Two+ 6% View Full NC Report Card
Wake Forest High School	9-12	B	2101	3.7 mi
Student:Teacher 19:1 Performance Score 77/100 Growth Met Student Demographics White 58% Black 22% Hispanic 14% Asian 3% Two+ 4% View Full NC Report Card
Wake Forest Middle School	6-8	D	968	3.7 mi
Student:Teacher 16:1 Performance Score 54/100 Math Grade D Reading Grade D Growth NotMet Student Demographics White 37% Black 33% Hispanic 23% Asian 3% Two+ 4% View Full NC Report Card
Wake Forest Elementary	PK-5	C	342	3.8 mi
Student:Teacher 11:1 Performance Score 63/100 Math Grade C Reading Grade C Growth Met Student Demographics White 41% Black 35% Hispanic 15% Asian 2% Two+ 6% View Full NC Report Card
Richland Creek Elementary	PK-5	B	489	3.9 mi
Student:Teacher 13:1 Performance Score 75/100 Math Grade B Reading Grade B Growth Met Student Demographics White 47% Black 25% Hispanic 15% Asian 6% Two+ 7% View Full NC Report Card
Casa Esperanza Montessori Charter School (Charter)	PK-8	C	615	4.3 mi
Student:Teacher 17:1 Performance Score 57/100 Math Grade D Reading Grade C Growth NotMet Student Demographics White 29% Black 16% Hispanic 46% Asian 4% Two+ 5% View Full NC Report Card
Wake Preparatory Academy (Charter)	K-12	C	1961	4.4 mi
Student:Teacher 1961:1 Performance Score 64/100 Math Grade C Reading Grade C Growth NotMet Student Demographics White 61% Black 17% Hispanic 15% Asian 2% Two+ 4% View Full NC Report Card
Brassfield Elementary	K-5	C	586	4.4 mi
Student:Teacher 13:1 Performance Score 58/100 Math Grade C Reading Grade C Growth NotMet Student Demographics White 53% Black 10% Hispanic 29% Asian 5% Two+ 3% View Full NC Report Card
Heritage Elementary	PK-5	B	622	4.7 mi
Student:Teacher 14:1 Performance Score 75/100 Math Grade B Reading Grade B Growth Exceeded Student Demographics White 57% Black 18% Hispanic 14% Asian 7% Two+ 3% View Full NC Report Card
Heritage Middle	6-8	B	997	4.7 mi
Student:Teacher 17:1 Performance Score 81/100 Math Grade B Reading Grade B Growth Exceeded Student Demographics White 68% Black 15% Hispanic 9% Asian 5% Two+ 3% View Full NC Report Card

Private Schools

School	Distance
ST CATHERINE OF SIENA CATHOLIC SCHOOL	3.3 mi
LITTLE LAMBS LEARNING CENTER	3.8 mi
THALES ACADEMY	4.1 mi

Source: National Center for Education Statistics (NCES) · NC Dept. of Public Instruction

Population

4,451

Median Age

47.0

Median HH Income

$203,269

Per Capita Income

$83,634

Median Home Value

$712,100

Homeownership

100.0%

Vacancy Rate

7.7%

Bachelor's+

65.8%

Work From Home

38.5%

Mean Commute

28.0 min

Source: U.S. Census Bureau, ACS 2023 5-Year Estimates (Tract 37183053901). Data reflects the surrounding census tract, which may extend beyond this neighborhood.

Restaurant

Patronies Pizza 1.8 mi
Char Grill USA 1.8 mi
Main Street Grille 2.0 mi
Brigs 2.2 mi
Frabjous Catfe 2.3 mi

Medical

The Hemp Store Wake Forest 1.9 mi

Grocery

El Super 2.4 mi

Park

Plummer Park 2.2 mi

Shopping

Big Lots 2.3 mi

School

North Wake Academy 2.3 mi
Wakefield High School 2.7 mi
Wakefield Middle School 2.8 mi
Wakefield Elementary School 2.9 mi
Forest Pines Elementary School 2.9 mi

This report is for informational purposes only and is not a substitute for professional real estate advice. Data reflects recent sales from Wake County public records and may contain inaccuracies. Always consult a licensed real estate professional before making buying or selling decisions. Prepared by Costello Real Estate & Investments Triangle, LLC.

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