Home / Raleigh Area Apartments / Wake Forest / 736 Precipice Way
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Updated 3 hours ago

736 Precipice Way


Wake Forest, NC

5 Bed
3 Bath

2,863 Sq. Ft.

Available starting Oct. 1st
5 Beds • 3 Bath
$3,200
2863 ft2
1 Available
Managed By: avail
Spacious 5-Bedroom Wake Forest Home with Main-Level Privacy Wing, Loft and Flex Room
$3,200
Available Oct 1st, 2026
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Lease & Fees
Security Deposit: $3,200.00
Property details
Description

Enjoy the space, flexibility, and modern comfort of this 2022-built home offering approximately 2,863 square feet, five bedrooms, three full bathrooms, a separable main-level privacy wing, an upper-level loft, and a covered rear porch—all within Wake Forest’s Tryon community.
One of the home’s most distinctive features is its versatile main-level layout. French doors can separate a bedroom, full bathroom, and adjoining flex room from the primary living areas, creating a more private and adaptable section of the home. The flex room is well suited for a home office, study, den, fitness room, hobby space, or additional sitting area.
The upper level includes four additional bedrooms and a spacious loft that provides flexible space for recreation, media, work, study, or relaxation. The generously sized primary bedroom features two walk-in closets, offering excellent storage and organization.
All bedrooms are carpeted for added comfort, while the main common areas feature attractive and durable vinyl flooring for easier everyday care. Two glass doors lead to the covered rear porch, creating a comfortable extension of the living space. The home also includes garage parking and multiple options for storage, work, recreation, and everyday living.
Tryon community amenities may include a swimming pool, clubhouse, splash area, playground, community parks, and walking trails. Tenant access is subject to HOA rules, seasonal availability, and the terms of the lease.
Conveniently positioned near historic Downtown Wake Forest, the home offers access to shopping, grocery stores, restaurants, parks, recreation, everyday services, and major routes connecting Wake Forest with Raleigh and the greater Triangle area.
PROPERTY HIGHLIGHTS:
• Five bedrooms and three full bathrooms
• Approximately 2,833 square feet
• Completed in 2022
• Main-level bedroom and full bathroom
• Separate main-level flex room
• French doors creating an optional main-level privacy wing
• Four additional bedrooms on the upper level
• Spacious upper-level loft
• Primary bedroom with two walk-in closets
• Carpeted bedrooms
• Durable vinyl flooring in the main common areas
• Two glass doors leading to a covered rear porch
• Garage parking
• Tryon community amenities, subject to HOA rules and lease terms
• Convenient access to Downtown Wake Forest, shopping, dining, parks, recreation, and major routes
The property is currently occupied. Advance notice and a confirmed appointment are required for all showings. Please do not disturb the current occupants.
Expected availability is October 1, 2026, with possible availability during the final week of September. Availability is subject to confirmation.
Listed by Vincent Ademola, Broker-in-Charge, Nexar Realty. Equal Housing Opportunity.

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 hours ago
Contact Number: (919) 931-0489
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 736 Precipice Way by bedroom type below.
5 Bedroom
Suggested income:
$115,200
per year
Rent report

736 Precipice Way Rent vs. Wake Forest Average

 736 Precipice Way      Wake Forest Average
5BR
$3,200
$4,419
$0
$1,450
$2,900
$4,350
$5,800

736 Precipice Way is asking 28% less than the average 5 bedroom apartment in Wake Forest.

If you downsized to an average priced Wake Forest 4 bedroom apartment, you would pay 74% less per month.

736 Precipice Way provides 23% less square footage than the average Wake Forest 5 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
736 Precipice Way
Wake Forest Average
1BR $1,320 $1.60 $3,960
2BR $1,683 $1.50 $5,049
3BR $1,985 $1.20 $5,954
4BR $2,547 $1.00 $7,640

Availability in Wake Forest

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 50 3BR units on the market in Wake Forest. If you're looking to negotiate, this may be your best option.

1BR
2BR
3BR
4BR
24% 29% 34% 7%
Available Units in Wake Forest
1BR 35
2BR 42
3BR 50
4BR 10
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on October 01, 2026.
What's the square footage of the available units?
It's 2,863 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 5 bedroom units available.
How many bathrooms are in the available units?
There are 3 bathroom units available.
What's the monthly rent at this property?
736 Precipice Way has a 5 bedroom unit starting at $3,200.
Where is this property located?
This property is at 736 Precipice Way in Wake Forest, NC. It's 2.2 miles east from the center of Wake Forest.
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