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(919) 616-5492

408 Madison Ave, Cary, NC 27513

$1,200,000

An aerial view of the property showing proximity to Downtown Cary, neighborhood streets, and surrounding lush greenery at 408 Madison Ave, Cary, NC 27513
  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1174

  • Year Built

    1971

  • Days On Market

    18

  • $/SqFt

    $1,022

14 Photos

  • An aerial view of the property showing proximity to Downtown Cary, neighborhood streets, and surrounding lush greenery at 408 Madison Ave, Cary, NC 27513
  • An aerial view showcasing the neighborhood, nearby Downtown Cary Park, and lush green surroundings at 408 Madison Ave, Cary, NC 27513
  • An aerial view of the property, bordered by mature trees and green space offering a private, secluded setting at 408 Madison Ave, Cary, NC 27513
  • An aerial view of the property showing its location, surrounded by trees and a well-maintained neighborhood at 408 Madison Ave, Cary, NC 27513
  • Charming single-story home with brick accents, complemented by a well-kept lawn and blossoming trees at 408 Madison Ave, Cary, NC 27513
  • Inviting single-story home with a manicured lawn, blossoming trees, and a charming front entrance at 408 Madison Ave, Cary, NC 27513
  • Spacious backyard featuring a covered shelter, mature trees, and plenty of room for outdoor activities at 408 Madison Ave, Cary, NC 27513
  • An aerial view showcasing the property, its landscaping, and the neighborhood's surrounding mature trees at 408 Madison Ave, Cary, NC 27513
  • Outdoor space featuring mature trees, a wooded area, and a rustic wood patio, blending nature and comfort at 408 Madison Ave, Cary, NC 27513
  • Unique playground featuring a nature theme, located in a park-like setting, perfect for Gathering fun at 408 Madison Ave, Cary, NC 27513
  • Beautiful building exterior with a pedestrian bridge and a playground with slides and a sand area at 408 Madison Ave, Cary, NC 27513
  • Aerial view of a neighborhood with tree-lined streets, houses, and the property is outlined in white at 408 Madison Ave, Cary, NC 27513
  • Aerial view of land for sale surrounded by trees and neighborhood with the property outlined in red and white at 408 Madison Ave, Cary, NC 27513
  • Aerial view highlighting the land with two parcels outlined in white and one in red in the neighborhood at 408 Madison Ave, Cary, NC 27513
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Home Description

The largest piece of a 0.87-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.37 Acres in the middle of 3 adjacent parcels totaling of 100% buildable 0.87 prime acres of Land in the heart of Downtown Cary! This 0.87-acre continuous land can be subdivided and built into high-end townhomes, condos, or apartments. With public water, sewer, power already available, this is a developer's dream in one of the Triangle's most desirable and fast-growing areas! Right next to the Business Development District of Town of Cary, just a short walk to bus stops, Cary Station, shopping, restaurants, coffee shops, banks, Cary Downtown Park, museums, and the new library, these 3 adjacent parcels offer unbeatable location, walkability, and long-term value. Whether you are a builder, investor, or developer, this is your chance to secure a large footprint in downtown Cary-an opportunity that rarely comes along!

  • # Fireplaces: 0
  • Flooring: Hardwood
  • Full Baths: 2
  • Half Baths: 0
  • Construction Materials: Batts Insulation,Blown-In Insulation,Fiber Cement,HardiPlank Type,Shake Siding
  • Roof: Asphalt,Fiberglass
  • Foundation: Raised
  • Lot Size Acres: 0.37

Available now at $1,200,000

  • Property Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • New Construction: No
  • Heating: Electric,Hot Water,Natural Gas
  • Cooling: Ceiling Fan(s),Electric,Gas
  • Water Source: Public
  • Sewer: Public Sewer
  • Total HOA Dues: $0.00
  • Annual Taxes: $3,104.96
  • Listing Office: Costello Real Estate & Investm
  • List Status: Active

Neighborhood

The average asking price of a 3 bedroom Cary home in this zip code is $543,420 (54.7% less than this home).

This home is priced at $1,022/sqft, which is 69.9% less than similar homes in the 27513 zip code.

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School Information

  • Elementary:Wake - Weatherstone
  • Middle School:Wake - East Cary
  • High School:Wake - Cary

Financial

  • Approx Payment:$5,838*

Area Stats

These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (919) 616-5492 and speak with one of our real estate consultants.

Listing Courtesy of Costello Real Estate & Investm. For information or to schedule a viewing of this property (MLS# 10089900), call: 919 616 5492

408 Madison Ave, Cary NC is a single family home of 1174 sqft and is currently priced at $1,200,000 . This single family home has 3 bedrooms. A comparable home for sale at 1402 Princess Anne Rd in Cary is listed at $520,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Cary, NC. Weston Manor, Weston Oaks and Carramore are nearby neighborhoods. MLS 10089900 has been posted on this site since 4/17/2025 (today).

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers� personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved. Listings last updated 5/4/2025.

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