707 Magalloway Drive
Cary, NC, 27519 $ 1,090,000
Bedrooms5 Baths4.0 Sq 3,777 Monthly Estimate*
$ 7,528
for $1,090,000 with 5 bedrooms and 4 full baths. This 3,777 square foot home was built in 2006 on a lot size of 0.24.
NEW PRICE AND GENEROUS SELLER CONCESSIONS! Now offered at $1,090,000, this exceptional Cameron Pond home comes with an added opportunity: the seller is offering SUBSTANTIAL CONCESSIONS that may be applied toward eligible MORTGAGE RATE BUYDOWNS, CLOSING COSTS, or other lender-approved expenses with acceptable offer. Lower price, greater purchasing flexibility, and an exceptional Cary home! Beautifully maintained and thoughtfully designed, this former Parade of Homes residence offers 3,777 square feet of finished living space featuring five bedrooms, four full baths, combining custom craftsmanship, flexible living spaces, and wonderful indoor-outdoor entertaining. Step inside to discover beautiful architectural details throughout, including crown molding, custom built-ins, rich millwork, and a dramatic floor-to-ceiling stone fireplace. The gourmet kitchen is designed for both everyday living and entertaining, featuring a professional Wolf gas range, generous workspace, and a new wine refrigerator. A main-level bedroom with an attached full bath offers valuable flexibility for overnight guests, extended family, multigenerational living, or a private work-from-home space. Upstairs, the possibilities continue. In addition to the home's finished living areas, there is an approximately 747-square-foot unfinished third floor already plumbed for a bathroom. Create a space that fits your lifestyle, whether that's a home theater, fitness studio, recreation room, private office suite, hobby space, or future additional living area. The outdoor living spaces are equally special. Enjoy a 3-season sunroom that extends the home's entertaining space and opens to a backyard designed for gathering. A beautiful stone outdoor kitchen and prep area features a built-in gas grill and outdoor refrigerator, while generous seating areas and a stone firepit create the perfect setting for relaxing or entertaining family and friends. Recent improvements add even more value and peace of mind, including a roof replaced in 2022, fresh interior paint, new carpet, an encapsulated crawl space with dehumidifier, and a Tesla charging station. Enjoy the lifestyle of Cameron Pond, with neighborhood walking trails, pool, and playground, while coming home to a property that offers an uncommon combination of craftsmanship, space, flexibility, and indoor-outdoor living. Beautifully appointed. Move-in ready. Room to grow. Now offered at $1,090,000 with seller concessions to give you even greater flexibility to make this exceptional home your own. Call the listing agent for details regarding the seller concessions. The current high school assignment is Panther Creek High School. If it is capped, the overflow school is Green Hope High School. As of 9/24/26 Panther Creek High is not capped.
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FeaturesGeneralSewer None
Heating Forced Air None
Cooling Central Air
Roof Shingle
Appliances Dishwasher Gas Cooktop Gas Oven Refrigerator Smart Appliance(s) Washer/Dryer Wine Refrigerator
Zoning R12P
HOA Fee 870
Garage Spaces 2
Association Fee Includes Maintenance Grounds
Patio/Porch Features Front Porch Glass Enclosed
Architectural Style Traditional
Construction Materials Brick Fiber Cement
Year Built 2006
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Fishing Park Playground Pool
Accessibility No
Assoc Fee Paid Per Annually
County Wake
New Construction false
Property Type Residential
Association Amenities Maintenance Grounds Park Playground Pool Pond Seasonal Trail(s)
HOA true
Attached Garage true
Subdivision Name Cameron Pond
Garage Y/N true
Total Rooms 14
Full Baths 4
Status Active
Directions From 55 Heading North take a left on Carpenter Fire Station Road. Take a left on Cameron Pond Drive. Right on Magalloway Drive. House on left.
High School Wake County Schools
City Cary
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 10454
Carport Y/N false
Elementary School Wake - Carpenter Elementary
Tax Annual Amount 8844.58
Middle/Junior High School Wake County Schools
Structure Type House
Standard Status Active
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InteriorInterior Amenities Bookcases Ceiling Fan(s) Crown Molding Granite Counters Sound System Tray Ceiling(s) Walk-in Closet(s) Wired for Sound Master Downstairs Eat-in Kitchen
Flooring Carpet Wood
Total Fireplaces 1
Fireplace Features Gas Log
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N true
Above Grade Finished Area 3777
Half Baths 0
Laundry Features Laundry Room Sink
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 4
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ExteriorExterior Amenities Built-in Barbecue Fire Pit Gas Grill Outdoor Grill Outdoor Kitchen Smart Irrigation In Parade of Homes Fenced Yard
Fencing Back Yard
Water Source Public
Lot Size Area 0.24
Foundation Details Crawlspace
Building Area Total 3777
Lot Size Acres 0.24
Waterfront Y/N false
Horse Y/N false
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* Excluded FeaturesList BySherry LockhartListing Agent
Choice Residential Real EstateBroker
sherrylockhartbroker@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,528
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cary, NC
Average List Price $1,002,021
Percent of Sale Price 8%
About Cary, NC 164,681 Population
66% Since 2002
$ 94,642 Median Income
39.3 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
3826315 Middle School
Wake County Schools High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/23/2026 | $1,090,000 | -0.46% | Price Down |
| 9/18/2026 | $1,095,000 | -2.23% | Price Down |
| 8/27/2026 | $1,120,000 | | Listed Price |