Asset Type: Real Estate
Estate: Fee Simple
Property Type: Land
Land Area: 194 Acres
Investment Highlights
- • Generational Land Scale: A rare, contiguous 194.29-acre footprint (consisting of two joint parcels sold together) providing the necessary scale for a potential major master-planned luxury home community.
- • Unbeatable Cost Basis: Offered at $10,000,000 (approx. $51,546/acre)—delivering an incredibly lower entry basis compared to nearby land parcels in Cary, ensuring highly competitive development margins.
- • Surrounded by Extreme Wealth: Positioned inside an elite demographic pocket featuring an Average Household Income of $209,932 and an Average Home Value of $793,415 within a 3-mile radius.
- • Directly in the Path of Mega-Employers: Minutes from major technology, automotive, and biotech employers, including Apple's future RTP campus, Fujifilm Diosynth ($3.2B), and Wolfspeed ($5B).
- • Premier Health & Wellness Proximity: Located just 2.4 miles from Cary’s expanding 85-acre Duke Health Green Level Campus, anchored by an active 102k SF MOB and a 40-bed hospital underway for 2027.
- • The "Disney Effect" Co-Branding Play: Directly benefits from being down the road from the 7,100-acre Chatham Park development, home to Disney’s brand-new story-living master-plan, Asteria, which is bringing unprecedented national buyer attention to this exact submarket.
- • Exceptional Lifestyle & Recreation: Just 5 minutes from pristine boating and hiking at Jordan Lake, and bordered by the high-end custom estates of Carolina Crossings and the private fairways of Old Chatham Golf Club.
- • High-Utility Topography: Features beautiful rolling terrain, valuable mature hardwood timber stands, and the scenic Folkner Branch creek bed, perfect for high-margin "greenway-adjacent" premium lots.
THE CHATHAM GATEWAY AT WEST CARY A Generational ±194-Acre Master-Planned Luxury House Community Development Opportunity Apex, NC Corridor | NC-751
At an attractive cost basis of approximately $51,546 per acre, eXp Commercial is pleased to present the exclusive opportunity to acquire ±194.29 contiguous acres at the convergence of Apex, West Cary, and Jordan Lake.
As infill parcels in Cary and Apex reach historic saturation, development demand is shifting toward the NC-751 tech corridor. This property offers a blank canvas for a visionary developer to create a landmark residential enclave or mixed-use destination. Surrounded by million-dollar custom homes, minutes from Disney’s anticipated Asteria community, and supported by Cary’s high-income demographic core, the site is positioned for long-term value creation.
With billions of dollars in clean-tech and semiconductor investment entering the submarket—including Wolfspeed’s $5B Siler City plant and Fujifilm Diosynth’s $3.2B facility—the region is attracting highly compensated engineers, executives, and research professionals. Large tracts of this caliber, with access to Jordan Lake and connectivity to RTP, Cary, and Durham, are increasingly rare. 3609 NC-751 is a strategic stake in America’s technology and lifestyle basin.
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