OFF MARKET

Off market jan 2014 for $23M

—

Est. refi paymentEst. refi $30,140/mo

—

•

— ba

•

99,330

sq ft

10820 Penny Rd, Cary, NC 27518

About this home

10820 Penny Rd is a 99,330 square foot multi-family home on a 11.05 acre lot. - it last sold on January 13, 2014 for $23,832,000.

Multi-familyProperty Type

2003Year Built

11.05 acresLot Size

$240Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 27518, NC

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

0.5% MoM

Median sale price

$767K

$5K MoM

Avg. days on market

26d

12 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN SAT, 12PM TO 2PM
$1,195,000
4 beds4.5 baths5,730 sq ft
138 Arabella Ct, Cary, NC 27518
NEW 20 HRS AGO
$667,500
3 beds2.5 baths2,760 sq ft
102 Steep Bank Dr, 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
$639,000
4 beds3 baths2,703 sq ft
4012 Franks Creek Dr, Cary, NC 27518
3D WALKTHROUGH
$860,000
4 beds2.5 baths2,930 sq ft
109 Morninghills Ct, Cary, NC 27518
VIDEO TOUR
$1,100,000
3 beds3.5 baths3,711 sq ft
116 Lions Gate, Cary, NC 27518
$535,000
2 beds2.5 baths2,310 sq ft
110 East Wind Ln, Cary, NC 27518
$1,195,000
5 beds5 baths4,830 sq ft
140 Arabella Ct, Cary, NC 27518
OPEN SUN, 2PM TO 4PM
$625,000
4 beds2.5 baths2,360 sq ft
104 Ayelsford Dr, Cary, NC 27518
See all

Provided by Redfin

Sale history for 10820 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$264,474 (−11.5%)

$5,118,750 + $25,465,042

$30,583,792

2024

$298,740 (+80.1%)

$5,031,250 + $30,322,356

$35,353,606

2023

$165,898 (+3.8%)

$5,031,250 + $30,322,356

$35,353,606

2022

$159,776 (+2.0%)

$2,932,500 + $13,394,673

$16,327,173

2021

$156,592 (−0.5%)

$2,932,500 + $13,394,673

$16,327,173

2020

$157,408 (+20.2%)

$2,932,500 + $13,394,673

$16,327,173

2019

$130,937 (+6.5%)

$2,932,500 + $13,394,673

$16,327,173

2018

$122,971 (+4.0%)

$1,725,000 + $10,289,283

$12,014,283

2017

$118,238 (−31.2%)

$1,725,000 + $10,289,283

$12,014,283

2016

$171,967 (+62.0%)

$1,725,000 + $16,125,300

$17,850,300

2015

$106,123 (+5.9%)

$1,725,000 + $16,125,300

$17,850,300

2014

$100,164 (+4.9%)

$1,150,000 + $9,395,783

$10,545,783

2013

$95,525 (+2.3%)

$1,150,000 + $9,395,783

$10,545,783

2012

$93,416

$1,150,000 + $9,395,783

$10,545,783

2011

$93,416

$1,150,000 + $9,395,783

$10,545,783

Tax history for 10820 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$264,474 (−11.5%)

$5,118,750 + $25,465,042

$30,583,792

2024

$298,740 (+80.1%)

$5,031,250 + $30,322,356

$35,353,606

2023

$165,898 (+3.8%)

$5,031,250 + $30,322,356

$35,353,606

2022

$159,776 (+2.0%)

$2,932,500 + $13,394,673

$16,327,173

2021

$156,592 (−0.5%)

$2,932,500 + $13,394,673

$16,327,173

2020

$157,408 (+20.2%)

$2,932,500 + $13,394,673

$16,327,173

2019

$130,937 (+6.5%)

$2,932,500 + $13,394,673

$16,327,173

2018

$122,971 (+4.0%)

$1,725,000 + $10,289,283

$12,014,283

2017

$118,238 (−31.2%)

$1,725,000 + $10,289,283

$12,014,283

2016

$171,967 (+62.0%)

$1,725,000 + $16,125,300

$17,850,300

2015

$106,123 (+5.9%)

$1,725,000 + $16,125,300

$17,850,300

2014

$100,164 (+4.9%)

$1,150,000 + $9,395,783

$10,545,783

2013

$95,525 (+2.3%)

$1,150,000 + $9,395,783

$10,545,783

2012

$93,416

$1,150,000 + $9,395,783

$10,545,783

2011

$93,416

$1,150,000 + $9,395,783

$10,545,783

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

Permits

Apr 25, 2024 • Final

Pds - misc. development permits & fees

Install mechanical and electrical heating and air conditioning equipment.

HVAC

Nov 8, 2022 • Final

Hvac equipment change out commercial

HVAC

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

Interior

Basement Information
Basement Type: Crawl-Space

Bathroom Information
# of Bathroom Fixtures: 48

Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air

Room Information
# of Rooms: 8

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Conventional
Exterior Wall: Aluminum Siding
Roof Shape Type: Gable
Building Type: Apartment

Property Information
Subdivision Name: SCARSDALE
Living Sq. Ft: 99,330
Building Sq. Ft: 99,330
# of Units: 117
# of Stories: 3
Stories Type: 3
Legal Description: TOPO SURVEY FOR CARY RETIREMENT CENTER

Parking & Garage Information
# of Parking Spaces: 4
Garage/Parking Sq. Ft: 1,104

Lot Information
# of Buildings: 1
Land Sq. Ft: 481,338
Legal Lot Number: 6
Legal Block Number: C
Municipality Name: CARY
Acres: 11.05
Zoning Code: OIP
County Use Description: APARTMENT-ELEVATOR

Utility Information
Utility Type: All

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: —
Baths: —
Sq. Ft.: 99,330
Stories: 3.0
Lot Size: 11.05 acres
Style: Multi-Family (5+ Unit)
Year Built: 2003
Year Renovated: 2013
County: Wake County
APN: 0761.09 06 6098 000

Home facts updated by county records on Aug 11, 2026

Around this home

Schools

Penny Road Elementary

Public K-5 • Assigned • 0.1mi

4/10

Dillard Drive Middle

Public 6-8 • Assigned • 4.7mi

7/10

Athens Drive High

Public 9-12 • Assigned • 5.9mi

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

52% 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

Is this your home?

Track this home’s value and nearby sales activity

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Listing provided by Zillow

New listings for sale in 27518

OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

$1,195,000

4 beds4.5 baths5,730 sq ft

138 Arabella Ct, Cary, NC 27518

NEW 20 HRS AGO

$667,500

3 beds2.5 baths2,760 sq ft

102 Steep Bank Dr, 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

$639,000

4 beds3 baths2,703 sq ft

4012 Franks Creek Dr, Cary, NC 27518

3D WALKTHROUGH

$860,000

4 beds2.5 baths2,930 sq ft

109 Morninghills Ct, Cary, NC 27518

VIDEO TOUR

$1,100,000

3 beds3.5 baths3,711 sq ft

116 Lions Gate, Cary, NC 27518

$535,000

2 beds2.5 baths2,310 sq ft

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5 beds5 baths4,830 sq ft

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Home values near 10820 Penny Rd

Data from public records.

Address	Redfin Estimate
453 Rose Point Drive, Cary, NC - Beds \| - Baths \| 3228 Sq. Ft.	$1,050,447
102 Magnolia Woods Drive, Cary, NC 5 Beds \| 2.5 Baths \| 3125 Sq. Ft.	$825,612

Address	Redfin Estimate
100 Magnolia Woods Drive, Cary, NC 5 Beds \| 2.5 Baths \| 3100 Sq. Ft.	$864,017
104 Magnolia Woods Drive, Cary, NC 3 Beds \| 2.5 Baths \| 2784 Sq. Ft.	$796,524

Address	Redfin Estimate
500 Rose Point Drive, Cary, NC - Beds \| - Baths \| 2781 Sq. Ft.	$784,122
106 Magnolia Woods Drive, Cary, NC - Beds \| - Baths \| 4011 Sq. Ft.	$902,834

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 27518, NC

Sale history for 10820 Penny Rd

Tax history for 10820 Penny Rd

Permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 27518

Home values near 10820 Penny Rd

More real estate resources