Preston, Cary NC: Neighborhood Guide and Homes for Sale

Caul Group Residential, brokered by eXp Realty

Preston is a large golf course community in northwest Cary, built around Prestonwood Country Club and its 54 holes of golf. Homes here range from condos and townhomes to large single-family homes, and the median sale price was $1,124,685 in the three months ending September 2026 (Redfin).

This guide covers where Preston is, what the club offers, what homes are selling for, and what to check before you buy or sell.

Where Preston is

Preston sits in northwest Cary, near the Morrisville line. The area is roughly framed by High House Road, Cary Parkway, Davis Drive and Morrisville Parkway (LocalWiki Raleigh). Some Preston addresses use Cary 27513, and some use Morrisville 27560.

By road, Prestonwood Country Club is about 8.5 miles from RDU Airport and about 8.3 miles from The Frontier in Research Triangle Park (OpenStreetMap routing, October 2026). Drive times change a lot with traffic, so test your commute at rush hour.

Prestonwood Country Club and the golf courses

Work on Preston and Prestonwood Country Club began in 1991 (Preston Development Company). Today the club has:

  • 54 holes of golf on three 18-hole courses: Meadows, Highlands and Fairways. The courses were first designed by Tom Jackson.
  • 15 tennis courts, a 14,000-square-foot fitness center, and an aquatics center with three pools and a three-story water slide.
  • The SAS Championship, a PGA TOUR Champions event the club hosts each October.

The club is at 300 Prestonwood Parkway, Cary. It offers Full Golf, Tennis, Social and Dining memberships (Prestonwood Country Club).

Home styles and sections of Preston

Preston is not one subdivision. It is a group of many smaller sections. Most belong to the Preston Community Association, and several have their own HOAs, such as Preston Village (LocalWiki Raleigh).

You'll find:

  • Single-family homes, some on or near the golf courses.
  • Condo and townhome sections, such as Kelton Square and Preston Grande Villas and Townhomes (LocalWiki Raleigh).

Each section has its own feel, rules and price range. Ask which section a home is in before you compare prices.

The Preston market right now

Preston numbers from Redfin, three months ending September 2026:

  • Median sale price: $1,124,685 (down 10.0% year over year).
  • Median price per square foot: $349.
  • Median days on market: 30 days (43 days a year earlier).
  • Homes sold in September 2026: 18 (25 in September 2025).
  • Sale-to-list price: 98.1%.

Realtor.com counted 17 active Preston listings in October 2026, with a median list price of $937,450.

Prices in Preston swing a lot by section and home type, so a condo and a golf course home can be very far apart. Use sales from your own section to judge value.

Assigned schools

School assignments in Preston come from the Wake County Public School System (WCPSS). For the 2026-27 school year, the Preston addresses we checked were assigned to:

  • Elementary: Weatherstone Elementary or Morrisville Elementary, depending on the street. WCPSS lists Weatherstone Elementary as capped, with Briarcliff Elementary as its overflow school.
  • Middle: West Cary Middle or Alston Ridge Middle, depending on the street.
  • High: Green Hope High.

Assignments can change every year. Always check the exact address with the WCPSS address lookup.

Parks, shopping and dining nearby

  • Fred G. Bond Metro Park, a 310-acre Town of Cary park at 801 High House Road, with Bond Lake and a boathouse for boat rentals.
  • Greenways, including the Preston Village Greenway and the Davis Drive Street-Side Trail (Town of Cary).
  • Preston Corners, a shopping center at High House Road and Cary Parkway.
  • Park West Village, a shopping and dining center at 3400 Village Market Place in Morrisville.

Buying in Preston: what to check

  • Club membership is separate. Buying a home in Preston does not by itself make you a club member. Ask Prestonwood Country Club about membership types and current openings.
  • Which HOA? Find out if the home is in the Preston Community Association or a separate HOA. Get the dues, rules and any planned fees in writing.
  • Golf course lots. Look at the home from the course side. Ask about stray golf balls, cart path noise, views and any fence or landscaping rules.
  • Tournament week. The SAS Championship comes each October. Ask how it affects traffic and parking near the course.
  • Schools. Check the exact address with WCPSS before you write an offer.

Selling in Preston: what buyers ask about

Buyers here often ask the same questions. Have the answers ready:

  • Which HOA covers the home, what are the dues, and what do they include?
  • Is the home on the course, and which course?
  • What's the roof age, and when were the HVAC systems replaced?
  • Which schools is the address assigned to this year?

A clear packet with these answers helps buyers say yes faster.

Preston FAQs

Do you have to join Prestonwood Country Club to live in Preston?

No. Owning a home in Preston and joining the club are separate. The club sells its own Full Golf, Tennis, Social and Dining memberships, so ask the club directly about current openings.

What kinds of homes are in Preston?

Preston has single-family homes, some on or near the golf courses, plus condo and townhome sections such as Kelton Square and Preston Grande Villas and Townhomes. Each section has its own price range and rules.

Does Preston have an HOA?

Yes. Most Preston sections are part of the Preston Community Association, and some, like Preston Village, have their own HOA (LocalWiki Raleigh). Ask for the HOA documents for any home you're considering.

Which schools serve Preston addresses?

For 2026-27, the Preston addresses we checked were assigned to Weatherstone or Morrisville Elementary, West Cary or Alston Ridge Middle, and Green Hope High, depending on the street. Look up the exact home on the WCPSS site.

How far is Preston from RTP and RDU?

Prestonwood Country Club is about 8.3 miles by road from The Frontier in Research Triangle Park and about 8.5 miles from RDU Airport (OpenStreetMap routing, October 2026). Times depend on traffic.

What are Preston homes selling for right now?

Preston's median sale price was $1,124,685 in the three months ending September 2026, and homes sold in a median of 30 days (Redfin). Prices vary widely by section and home type.

Thinking of selling in Preston?

Our office is in Cary at 201 Shannon Oaks Circle, Suite 200, and we have 5.0 stars on Zillow from 1,200+ reviews (Oct 2026). Read the reviews.

Caul Group Residential is brokered by eXp Realty. We help buyers and sellers in every Preston section.

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