$450,000

Property Description

Rare opportunity to own a waterfront property in one of Apex's most exciting growth corridors. Nestled on 0.87 acres overlooking a private pond, this 1,818-square-foot home offers 3 spacious bedrooms, a bonus room perfect for a home office, playroom, or guest space, 2 full bathrooms, a welcoming living room, separate den, and a functional kitchen designed for everyday living. The thoughtfully designed floor plan provides generous living spaces and oversized bedrooms, offering both comfort and flexibility for a variety of lifestyles. Step outside onto the expansive deck, newly constructed in 2024, and enjoy peaceful water views in a private setting. Whether you're entertaining guests, relaxing with your morning coffee, or unwinding after a long day, the outdoor living space is designed to take full advantage of the property's serene surroundings. Ideally located adjacent to the new Grace Christian Academy campus, currently under construction and anticipated for completion in 2027, this property is positioned within the rapidly developing Veridea Parkway corridor. The area is expected to benefit from significant investment, including the planned children's hospital and other major community improvements. According to the City, public sewer service is anticipated to become available following completion of the new school, offering additional future potential for the surrounding area. Buyers are encouraged to verify all future utility availability and development plans with the appropriate authorities. Properties offering this combination of waterfront privacy, nearly an acre of land, and a location in the heart of Apex's expanding growth corridor are becoming increasingly rare. Additional parcels at 1053 Iron Gate Drive and 1055 Iron Gate Drive are also available for purchase separately, creating a unique opportunity for buyers, investors, or those seeking additional land in this highly desirable area. Whether you're searching for your next home, an investment opportunity, or a property with long-term potential, this one-of-a-kind pond-front property offers an exceptional opportunity in one of the Triangle's most sought-after and rapidly evolving communities.

Property Facts & Features

Property Type

Single Family

Status

Closed

Listed

Jun 25, 2026

Sold

Oct 21, 2026

List Price

$499,990

Price per Sq Ft

$248/sqft

ZIP Code

27502

Full Baths

2

Heating

Electric, ForcedAir, WindowUnit

Cooling

CentralAir, Electric, WindowUnits

Construction

Brick

Style

Ranch

Property Tax (2025)

$2,830/yr

Assessed Value

$321,872

Neighborhood

Iron Gate

County

Wake

School District

Wake County School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Price & Event History

Location

Lat 35.70658 · Lng -78.86196