Model Home Lease back investment opportunity with long term tenant! $4750 monthly income through November 8, 2027 for Sale in Wake Forest, NC | 852 Dragonfly Pond Way in Sage on N Main. If you have been searching for a true model home in Wake Forest, NC, look no further than 852 Dragonfly Pond Way in the highly desirable Sage on N Main community. This exceptional 5-bedroom, 4-bath luxury home offers designer upgrades, flexible living space, sought-after neighborhood amenities, and a valuable model-home leaseback opportunity. Currently operating as a builder model home leaseback, this property offers an income-producing opportunity while giving its next owner time to plan a smooth, stress-free move. The buyer pays HOA dues and property taxes, making this an appealing short-term investment with long-term benefits for buyers seeking a new construction-style home in Wake Forest. Inside, this beautifully appointed home is filled with high-end finishes and thoughtful upgrades. The gourmet kitchen is designed for both everyday living and entertaining, featuring an oversized quartz island, quartz countertops, abundant workspace, and an open flow into the dining area and family room. A gas-log fireplace adds warmth and comfort to the inviting main living space. The first-floor owner's suite offers the convenience of main-level living, complete with a tray ceiling, spa-inspired ensuite bath, and generously sized walk-in closet. A separate first-floor guest suite provides an ideal space for visitors, multigenerational living, or a private home office. The upgraded laundry room includes a utility sink and extra cabinetry for convenient, out-of-sight storage and organization. Upstairs, you will find three additional bedrooms, two full bathrooms, and a versatile loft that can serve as a media room, playroom, fitness area, study space, or second living room. Outdoor entertaining is easy with a covered porch and custom patio. Residents of Sage on N Main enjoy exceptional community amenities, including a dog park, fire pit, community garden, bocce ball and cornhole court, and grilling patio. This is more than a home—it is an opportunity to own a stunning Wake Forest model home with luxury finishes, a flexible leaseback arrangement, and an outstanding location near the shops, dining, and charm of downtown Wake Forest. The only thing missing is you.
Elementary School |
Middle School |
High School |
| Wake - Richland Creek Distance: N/A Miles |
Wake - Wake Forest Distance: N/A Miles |
Wake - Wake Forest Distance: N/A Miles |
Price History
| 9/5/2026 | Listed $629,900 |
| Sewer | Public Sewer |
| Heating | Ceiling |
| Cooling | Central Air |
| Roof | Architectural Shingle,Shingle |
| HOA Fee | 100 |
| Garage Spaces | 2 |
| Association Fee Includes | None |
| Patio/Porch Features | Covered,Front Porch,Patio,Porch |
| Architectural Style | Craftsman,Transitional |
| Construction Materials | Brick Veneer,HardiPlank Type,Shake Siding,Stone |
| Year Built | 2026 |
| View | Trees/Woods |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Assoc Fee Paid Per | Monthly |
| County | Wake |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Dog Park,Park,Other |
| HOA | true |
| Attached Garage | true |
| Subdivision Name | Sage on North Main |
| Garage Y/N | true |
| Total Rooms | 1 |
| Full Baths | 4 |
| Status | Active |
| Directions | Capital Bl To Harris Rd. Follow To N Main St and Turn Right Onto Dragonfly Pond Way. |
| High School | Wake - Wake Forest High School |
| City | Wake Forest |
| Senior Community Y/N | false |
| Lot Size Units | Acres |
| Lot Size Square Feet | 8712 |
| Elementary School | Wake - Richland Creek Elementary School |
| Tax Annual Amount | 5811 |
| Middle/Junior High School | Wake - Wake Forest Middle School |
| Ok to Lease | Other |
| Virtual Tour | https://youriguide.com/852_dragonfly_pond_wy_wake_forest_nc |
| Structure Type | House |
| Standard Status | Active |
Interior Features
| Flooring | Carpet,Ceramic Tile,Luxury Vinyl |
| Total Fireplaces | 1 |
| Fireplace Features | Family Room |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 2764 |
| Half Baths | 0 |
| Laundry Features | Laundry Room |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 0 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Rain Gutters |
| Parking Features | Driveway,Garage |
| Water Source | Public |
| Lot Size Area | 0.2 |
| Foundation Details | Slab |
| Building Area Total | 2764 |
| Lot Size Acres | 0.2 |
| Road Surface Type | Asphalt |
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This data has been updated as of September 26, 2026 11:30 AM UTC


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Kristi is a Johnston county girl raised in Selma, NC. She earned her bachelors Degree from the University of Mount Olive where she studied business and played on the golf team. In addition to being a Realtor, Kristi also owns and operates a women's boutique. She has a passion to help people and she strives to make your experience the best possible whether you are buying or selling Kristi can help to ensure you have a smooth process.
© 2026 Longleaf Pines Association of Realtors MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Longleaf Pines Association of Realtors MLS, Inc., Internet Data Exchange (IDX).