OFF MARKET

Off market oct 2024 for $900K

$1,034,806

Est. refi paymentEst. refi $6,084/mo

•

4,148

sq ft

104 Monarch Way, Cary, NC 27518

About this home

This unique & spacious CONTEMPORARY Thomas Gipson home located in the highly sought after LOCHMERE BIRKHAVEN neighborhood is nestled on a beautiful lot almost 1/2 acre. The home balances open areas & windows with many private rooms for everyday living. The front of the home has a beautiful entry way with a fountain & covered front porch. In the back, the decks span the length of the home overlooking an easily, cared-for private backyard. The home features 2 stone FIREPLACES (wood and gas), a second living room or home theater, a GYM, a breakfast nook, and rooms for multiple HOME OFFICES, arts & crafts or recreational equipment. Within a block of the home you'll find walking trails that connect to the 23-acre Swift Creek Nature Preserve & wind through Beech tree groves & along a Creek. The Lochmere neighborhood offers 3 pools (swim team), tennis courts (with professional staff), pickleball courts, lakes and playgrounds, a semi-private golf course, paths & sidewalks that reach a coffee shop, cinema, restaurants, and shops. The area boasts nationally recognized, private & public schools, universities, & hospitals, as well as a number of concert venues, sporting arenas, & performing arts theaters. From the serenity of this home & neighborhood, you can be in downtown Cary, Raleigh, RTP, or the airport in 15 to 20 minutes.

Single-familyProperty Type

1992Year Built

0.47 acresLot Size

$249Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Sharon Gupton • Compass -- Cary

Bought with John Mason • Thorpe Realty Company, Inc

Redfin checked: 3 minutes ago

•Source:TMLS #10034275

Redfin Estimate

$1,034,806

$135K since sold in October 2024$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.5% higher than the average sale price ($963K) of 6 comparable homes.

SOLD JUN 16, 2026
$850,000
A
4 beds3 baths3,302 sq ft
105 Fifemoor Ct, Cary, NC 27518
SOLD AUG 5, 2026
$1,123,000
B
4 beds3.5 baths3,835 sq ft
106 Wood Lily Ln, Cary, NC 27518
SOLD AUG 24, 2026
$875,000
C
4 beds3.5 baths2,979 sq ft
103 Highlands Lake Dr, Cary, NC 27518
SOLD JUN 1, 2026
$1,199,000
D
4 beds3.5 baths3,482 sq ft
127 Lochwood West Dr, Cary, NC 27518
SOLD JUN 12, 2026
$981,000
E
4 beds3 baths3,176 sq ft
403 Whisperwood Dr, Cary, NC 27518
BOUGHT WITH REDFIN AUG 27, 2026
$750,000
F
4 beds3.5 baths3,487 sq ft
111 Windrock Ln, Cary, NC 27518

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Earn from this home

Sell

$279,323

Est. take-home

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Refinance

Est. cash available

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Rent

$4,191/mo

Redfin rental estimate

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Market trends in 27518, NC

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.6%

0.3% MoM

Median sale price

$800K

$32K MoM

Avg. days on market

26d

0 days MoM

Recently sold homes

19 MoM

New listings for sale

$380,000
3 beds2 baths1,346 sq ft
313 Glen Echo Ln N, Cary, NC 27518
$270,000
2 beds2 baths1,275 sq ft
4311 Wellington Ridge Loop, Cary, NC 27518
COMING SOON
$1,699,000
5 beds5.5 baths5,309 sq ft
102 Michelangelo Way, Cary, NC 27518
OPEN FRI, 4PM TO 6PM
$645,000
4 beds3 baths2,424 sq ft
916 Market House Way, Cary, NC 27518
$950,000
5 beds3.5 baths3,812 sq ft
205 Fox Briar Ln, Cary, NC 27518
$2,995,000
5 beds7.5 baths9,057 sq ft
3417 Birk Bluff Ct, Cary, NC 27518
$925,000
4 beds3.5 baths3,378 sq ft
200 Killingsworth Dr, Cary, NC 27518
3D WALKTHROUGH
$1,195,000
4 beds4.5 baths5,730 sq ft
138 Arabella Ct, Cary, NC 27518
$325,000
2 beds2 baths1,219 sq ft
317 Glen Echo Ln Unit E, Cary, NC 27518
$253,000
2 beds2 baths1,265 sq ft
1513 Bulon Dr, Cary, NC 27518
See all

Provided by Redfin

Sale history for 104 Monarch Way

Date

Event

Price

TMLS #10034275

Oct 1, 2024

Sold

$900,000

$217/sq ft

Aug 9, 2024

Contingent

—

Jul 19, 2024

Price Changed

$935,000

$225/sq ft

Jun 28, 2024

Price Changed

$1,000,000

$241/sq ft

Jun 14, 2024

Price Changed

$1,015,000

$245/sq ft

Jun 7, 2024

Listed

$1,075,000

$259/sq ft

TMLS #2134656

Aug 31, 2017

Sold

$485,000

$117/sq ft

Jul 17, 2017

Contingent

—

Jun 16, 2017

Listed

$500,000

$121/sq ft

+20

Unreal value on incredible custom built Lochmere home in the heart of Cary on serene . 47 acre lot w/ mature trees. Beautifully renovated kitchen w/ SS appliances, built in wine fridge, granite, & stone accented wall. Sunny family room w/ stone fireplace, soaring ceilings, & wall of windows providing exceptional views. 1st floor master w/ private en-suite office or nursery & opulent renovated bath. Basement features bed/bath, bonus, game room, gym, sep. entry. NEW HVAC. N'hood pool, tennis, trails, lake.

TMLS #2117359

Jun 15, 2017

Listing Removed

—

Jun 1, 2017

Price Changed

$500,000

$121/sq ft

May 15, 2017

Price Changed

$524,900

$127/sq ft

May 12, 2017

Listing Removed

—

Apr 19, 2017

Price Changed

$539,000

$130/sq ft

Mar 23, 2017

Listed

$550,000

$133/sq ft

TMLS #2083269

Jan 27, 2017

Listing Removed

—

Jan 15, 2017

Price Changed

$565,000

$136/sq ft

Nov 14, 2016

Price Changed

$579,500

$140/sq ft

Aug 13, 2016

Price Changed

$585,000

$141/sq ft

Aug 6, 2016

Listed

$599,000

$144/sq ft

TMLS #1746571

Nov 30, 2010

Sold

$475,000

$115/sq ft

Nov 26, 2010

Listing Removed

—

Sep 9, 2010

Listed

$499,900

$121/sq ft

TMLS #1730312

Sep 6, 2010

Listing Removed

—

Jun 5, 2010

Listed

$499,900

$121/sq ft

TMLS #919393

Sep 21, 2007

Listing Removed

—

Mar 16, 2007

Listed

$519,000

$125/sq ft

Public Records

Nov 30, 1999

Sold

$359,000

$87/sq ft

Public Records

Mar 1, 1994

Sold

$325,000

$78/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,844 (+2.3%)

$280,000 + $632,789

$912,789

2024

$7,669 (+44.3%)

$280,000 + $632,789

$912,789

2023

$5,314 (+3.9%)

$280,000 + $632,194

$912,194

2022

$5,116 (+2.1%)

$118,000 + $410,360

$528,360

2021

$5,013 (−0.5%)

$118,000 + $410,360

$528,360

2020

$5,039 (−1.9%)

$118,000 + $410,360

$528,360

2019

$5,137 (+6.6%)

$118,000 + $410,360

$528,360

2018

$4,820 (+4.1%)

$118,000 + $359,910

$477,910

2017

$4,632 (+1.5%)

$118,000 + $359,910

$477,910

2016

$4,562 (−4.1%)

$118,000 + $359,910

$477,910

2015

$4,757 (+6.1%)

$118,000 + $359,910

$477,910

2014

$4,485 (+4.9%)

$125,000 + $356,191

$481,191

2013

$4,274 (+2.3%)

$125,000 + $356,191

$481,191

2012

$4,177

$125,000 + $356,191

$481,191

2011

$4,177

$125,000 + $356,191

$481,191

Tax history for 104 Monarch Way

Year

Property tax

Land + Additions

Assessment*

2025

$7,844 (+2.3%)

$280,000 + $632,789

$912,789

2024

$7,669 (+44.3%)

$280,000 + $632,789

$912,789

2023

$5,314 (+3.9%)

$280,000 + $632,194

$912,194

2022

$5,116 (+2.1%)

$118,000 + $410,360

$528,360

2021

$5,013 (−0.5%)

$118,000 + $410,360

$528,360

2020

$5,039 (−1.9%)

$118,000 + $410,360

$528,360

2019

$5,137 (+6.6%)

$118,000 + $410,360

$528,360

2018

$4,820 (+4.1%)

$118,000 + $359,910

$477,910

2017

$4,632 (+1.5%)

$118,000 + $359,910

$477,910

2016

$4,562 (−4.1%)

$118,000 + $359,910

$477,910

2015

$4,757 (+6.1%)

$118,000 + $359,910

$477,910

2014

$4,485 (+4.9%)

$125,000 + $356,191

$481,191

2013

$4,274 (+2.3%)

$125,000 + $356,191

$481,191

2012

$4,177

$125,000 + $356,191

$481,191

2011

$4,177

$125,000 + $356,191

$481,191

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

3.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.47 Acres

Year renovated

1992

Sq. Ft.

4,129

Year built

1992

Style

Single Family Residential

County

Wake County

APN

0771.01 05 7553 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

May 22, 2027 • Final

Gas line residential (no electrical)

Work on an electrical minimum permit.

Gas

Apr 17, 2027 • Final

Gas line residential (no electrical)

Perform mechanical work.

Gas

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 2
Open Parking: No
Parking Features: Attached, Driveway, Garage
Parking Total: 6

Interior

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven
Laundry Features: In Basement, Laundry Room, Sink
Interior Features: Bookcases, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Pantry, Walk-In Closet(s), Walk-In Shower
Fireplace: Yes
Fireplace Features: Wood Burning
Fireplaces Total: 2
Flooring: Carpet, Hardwood, Luxury Vinyl, Tile

Room Information
Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry, Storage Space, Walk-Out Access

Exterior

Building Information
Construction Materials: Cedar, Stone Veneer, Vertical Siding
Building Area Total: 4148.35
Builder Name: Thomas Gipson
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Deck, Porch
Foundation Details: Slab
Roof: Shingle

Pool Information
Pool Features: Association, Community, Diving Board, Lap, Outdoor Pool, Private

Property information
Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Full Bath, Accessible Kitchen
Above Grade Finished Area: 2572.25
Above Grade Finished Area Source: Appraiser
Below Grade Finished Area: 1576.1
Below Grade Finished Area Source: Appraiser
Direction Faces: South
Levels: Three Or More

Lot Information
Lot Size Acres: 0.47
Lot Size Area: 0.47
Lot Size Square Feet: 20473.2
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 5315.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public

Heating & Cooling
Heating: Yes
Heating Information: Forced Air
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: Yes
Association Name: Lochmere HOA
Association Amenities: Boat Dock, Clubhouse, Jogging Path, Maintenance Grounds, Park, Playground, Pond Year Round, Tennis Court(s), Trail(s)
Association Fee: 753.0
Association Fee Frequency: Annually
Association Fee Includes: Maintenance Grounds

School Information
Elementary School: Wake - Swift Creek
Middle Or Junior School: Caswell - L Dillard
High School: Wake - Athens Dr

Location Information
County Or Parish: Wake
Directions: from Holly Springs rd: enter Birkhaven on Birkhaven Drive; left on Braelands; left on Monarch & home is on the right
Latitude: 35.715759
Longitude: -78.761555
Postal Code: 27518
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Community Information
Community Features: Clubhouse, Fishing, Lake, Park, Playground, Pool, Tennis Court(s)

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 4,129
Stories: 1.5
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1992
Year Renovated: 1992
County: Wake County
APN: 0771.01 05 7553 000

Home facts updated by county records on Aug 10, 2026

Other

hidden custom fields
In Basement, Laundry Room, Sink

Listing Date Information
Contract Status Change Date: 2024-10-01
Documents Change Timestamp: 2024-08-08T01:06:59Z
Photos Change Timestamp: 2024-07-29T03:21:30Z
Price Change Timestamp: 2024-07-19T16:49:25Z

Listing Price Information
Previous List Price: 1000000.0

Around this home

Schools

Swift Creek Elementary

Public K-5 • Assigned • 2.6mi

8/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.3mi

7/10

Athens Drive High

Public 9-12 • Assigned • 4.6mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 104° expected this year, 17 days in 30 years

6/10 Wind Factor

60% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Cary, NC • 27518

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

8.9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$984,000 – $1.19M

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Home values near 104 Monarch Way

Data from public records.

Address	Redfin Estimate
101 Monarch Way, Cary, NC 4 Beds \| 3.5 Baths \| 4272 Sq. Ft.	$1,083,046
111 Monarch Way, Cary, NC - Beds \| 3.5 Baths \| 3976 Sq. Ft.	$956,360

Address	Redfin Estimate
106 Monarch Way, Cary, NC - Beds \| 3.5 Baths \| 3714 Sq. Ft.	$998,241
105 Monarch Way, Cary, NC - Beds \| - Baths \| 2979 Sq. Ft.	$801,045

Address	Redfin Estimate
109 Monarch Way, Cary, NC 5 Beds \| 4 Baths \| 3884 Sq. Ft.	$1,230,593
110 Monarch Way, Cary, NC - Beds \| - Baths \| 4220 Sq. Ft.	$1,064,394

Property information provided by TMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27518, NC

Sale history for 104 Monarch Way

Tax history for 104 Monarch Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27518

Home values near 104 Monarch Way

More real estate resources