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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 11-30-2009, 12:22 PM
306 posts, read 717,754 times
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Does anyone know about a "new" sub in Cary called (I think) Brookside? It's on West Lake Rd. in between Ten Ten and Optimist Farm... right down the rd from Langston and Jamison Park. They started listing at 700K and up about two years ago but it looks completely abandoned by the builders and I don't think they've sold one home. Fonville M looks to still be representing them.
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Old 11-30-2009, 01:08 PM
Location: Cary, NC
27,019 posts, read 48,221,743 times
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Brookshire Manor.

Price points in JUMBO loan territory and the proximity to the 540 corridor have held it back, I think.
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Old 11-30-2009, 03:17 PM
306 posts, read 717,754 times
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Thanks Mike - yes that's the one.

When they started building it seemed like whoever the developer is was just being completely greedy. The subdivision has nothing to offer and and those homes would have been no more then 450K if they were only a couple miles farther from Cary. One of the builders in our sub looks to be the main builder at Brookshire and he has abandoned all his homes and lots here. Looks like he's done the same over there. I would imagine that they'll have to tear down some of those structures and start again if/when things pick up. I hate seeing that.
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Old 11-30-2009, 07:08 PM
Location: Charlton, MA
1,379 posts, read 4,057,375 times
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The Developer is John Brown of Winslow Properties...

I noticed one of the houses for sale in that neighborhood is also listed For Rent. I don't know who in their right mind would pay THAT MUCH for a house that close to a future highway. From my understanding West Lake Rd. will be elevated over 540 in the future. I just can't imagine being able to see all that from a window in my house. No way.

They are really nice houses tho. I think it was a mistake from the beginning, but in better times it might have seemed like a good idea? Obviously someone thought so.

I think anyone who looks at these houses would have a radar going off as the houses are brand new never been lived in and have been on the market for over a year. The house on Floresta was built in 2007! I believe they also have well water and septic which can be seen as a drawback.

Last edited by KellyCrash; 11-30-2009 at 07:17 PM..
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