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408 Madison Ave, Cary, NC 27513

$1,200,000

An aerial view of property, near Downtown Cary, showing it's proximity to the Cary Station and Downtown Cary Park at 408 Madison Ave, Cary, NC 27513
  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1174

  • Year Built

    1971

  • Days On Market

    23

  • $/SqFt

    $1,022

16 Photos

  • An aerial view of property, near Downtown Cary, showing it's proximity to the Cary Station and Downtown Cary Park at 408 Madison Ave, Cary, NC 27513
  • Aerial view of property with outlined property lines and nearby street at 408 Madison Ave, Cary, NC 27513
  • Aerial view of property with outlined property lines and W Chatham St at 408 Madison Ave, Cary, NC 27513
  • Aerial view of property with outlined property lines, near a baseball field at 408 Madison Ave, Cary, NC 27513
  • Aerial view of property with outlined property lines, near Cary Station and Downtown Cary at 408 Madison Ave, Cary, NC 27513
  • A street view near white townhouses with black framed windows at 408 Madison Ave, Cary, NC 27513
  • Exterior of Cary Regional Library with glass front and modern design at 408 Madison Ave, Cary, NC 27513
  • Outdoor amphitheater with unique circular design and stage at 408 Madison Ave, Cary, NC 27513
  • Scenic stream cascading over rocks, surrounded by lush greenery at 408 Madison Ave, Cary, NC 27513
  • Picturesque pond reflecting modern architecture and artistic structures at 408 Madison Ave, Cary, NC 27513
  • Charming single-story home with brick accents, mature trees, and a well-maintained front lawn at 408 Madison Ave, Cary, NC 27513
  • Cozy home exterior featuring a garage and colorful landscaping, surrounded by mature trees at 408 Madison Ave, Cary, NC 27513
  • Expansive backyard with mature trees and a covered shelter, offering a serene outdoor space at 408 Madison Ave, Cary, NC 27513
  • Spacious backyard with a wooden deck, mature trees and an open area, perfect for outdoor activities at 408 Madison Ave, Cary, NC 27513
  • Community playground featuring a unique bird-themed structure, climbing areas, and slides amid lush greenery at 408 Madison Ave, Cary, NC 27513
  • Modern community landscape with a playground, footbridge, and contemporary brick buildings surrounded by greenery at 408 Madison Ave, Cary, NC 27513
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Home Description

The largest piece of a 1.12-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.25 Acres of 4 adjacent parcels totaling of 100% buildable 1.12 prime acres of Land in the heart of Downtown Cary! This 1.12-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! The combined listings are 10089900, 10093410. The fourth will become active on this Friday! Lot limits are just for illustration. Accurate lot lines will be decided by survey.

  • # 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 $544,148 (54.7% less than this home).

This home is priced at $1,022/sqft, which is 70.2% 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) 912-9789 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: 919-912-9789

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 124 Ripley Ct in Cary is listed at $545,000. 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 5/9/2025.

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