CondominiumResidential
8811 Cypress Lakes Dr
RALEIGH, NC 27615
2008
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20085 floors58 units772–1,806 ft²
$33M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$599K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$401
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.
+69.0%vs the Raleigh ZIP median sale $/ft² ($237)
Sales Performance
$671K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+14.2%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
4
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
6.9%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.5%per yeartypical hold 8.9 yrsfrom 63 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20082010201320162019202120242026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20082010201320162019202120242026
124 arms-length sales on record for this building.
Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
Studio
Studio
58 units$599K · $401/ft²
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 2 ba · 1,494 ft²
10 units$603K · $403/ft²
Studio · 2 ba · 1,518 ft²
10 units$605K · $398/ft²
Studio · 2 ba · 1,288 ft²
9 units$580K · $450/ft²
Studio · 2 ba · 1,240 ft²
8 units$448K · $361/ft²
Studio · 2 ba · 1,806 ft²
8 units$631K · $350/ft²
Studio · 2 ba · 1,411 ft²
7 units$515K · $365/ft²
Studio · 2 ba · 1,606 ft²
3 units$650K · $405/ft²
One-off layouts
3 units
Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.
$300K–$300K
1 unit
$402K–$402K
1 unit
$406K–$454K
4 units
$480K–$503K
3 units
$508K–$544K
7 units
$559K–$609K
21 units
$613K–$650K
17 units
$673K–$713K
4 units
Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.
Floor 1
$419/ft²6 units · +5%
Floor 2
$405/ft²13 units · +1%
Floor 3
$398/ft²13 units · -1%
Floor 4
$382/ft²13 units · -5%
Floor 5
$415/ft²13 units · +4%
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·01
$469/ft²4 units · +17%
Line ·08
$450/ft²5 units · +12%
Line ·07
$448/ft²5 units · +12%
Line ·09
$414/ft²5 units · +3%
Line ·06
$406/ft²5 units · +1%
Line ·04
$401/ft²4 units · +0%
Line ·05
$400/ft²5 units · +0%
Line ·10
$400/ft²5 units · +0%
Line ·11
$380/ft²4 units · -5%
Line ·02
$368/ft²4 units · -8%
Line ·03
$363/ft²4 units · -9%
Line ·13
$355/ft²4 units · -11%
Ownership & Financing
Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.86%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.34%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.4.5 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.87%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.9%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$571,974
Median tax billThe middle annual property tax bill among the building's units.$5,662
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0
Recent SalesThe latest recorded arms-length sales in the building, newest first.
Unit 301Mar 20, 2026$765,000$476/ft²Unit 511Feb 19, 2026$675,500$545/ft²Unit 408Feb 19, 2026$666,000$517/ft²Unit 508Oct 22, 2025$657,000$510/ft²Unit 109Apr 17, 2025$810,000$542/ft²Unit 202Mar 19, 2025$365,000$367/ft²Unit 107Oct 1, 2024$653,000$507/ft²Unit 213Sep 16, 2024$601,000$426/ft²Unit 411Sep 10, 2024$473,000$381/ft²Unit 505Aug 29, 2024$765,000$504/ft²
Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.
Property Facts
Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyWake
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.
EHM
Lead Mine Elementary SchoolB
Elementary · Grades PK–5 · 0.6 mi
Sanderson High SchoolC+
High · Grades 9–12 · 2.8 mi
Carroll Magnet Middle SchoolC
Middle · Grades 6–8 · 4.0 mi
District: Wake County Public Schools
Neighborhood · ZIP 27615These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.
CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.72
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.41
Index scale: 100 = US average (tick). Lower is better.
Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.45,426
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,345 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$107,636
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$135,562
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%
All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.
8811 Cypress Lakes Dr Unit 105
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 106
2 ba · 1,494 ft²
8811 Cypress Lakes Dr Unit 107
2 ba · 1,288 ft²
8811 Cypress Lakes Dr # 108
2 ba · 1,288 ft²
8811 Cypress Lakes Dr # 109
2 ba · 1,494 ft²
8811 Cypress Lakes Dr # 110
2 ba · 1,518 ft²
8811 Cypress Lakes Dr # 201
1 ba · 772 ft²
8811 Cypress Lakes Dr Unit 202
1 ba · 994 ft²
8811 Cypress Lakes Dr Unit 203
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 204
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 205
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 206
2 ba · 1,494 ft²
8811 Cypress Lakes Dr Unit 207
1 ba · 1,288 ft²
8811 Cypress Lakes Dr Unit 208
2 ba · 1,288 ft²
8811 Cypress Lakes Dr Unit 209
2 ba · 1,494 ft²
8811 Cypress Lakes Dr Unit 210
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 211
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 212
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 213
2 ba · 1,411 ft²
8811 Cypress Lakes Dr # 301
2 ba · 1,606 ft²
8811 Cypress Lakes Dr Unit 302
2 ba · 1,411 ft²
8811 Cypress Lakes Dr Unit 303
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 304
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 305
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 306
2 ba · 1,494 ft²
8811 Cypress Lakes Dr # 307
2 ba · 1,288 ft²
8811 Cypress Lakes Dr Unit 308
2 ba · 1,288 ft²
8811 Cypress Lakes Dr Unit 309
2 ba · 1,494 ft²
8811 Cypress Lakes Dr Unit 310
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 311
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 312
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 313
2 ba · 1,411 ft²
8811 Cypress Lakes Dr Unit 401
2 ba · 1,606 ft²
8811 Cypress Lakes Dr # 402
2 ba · 1,411 ft²
8811 Cypress Lakes Dr Unit 403
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 404
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 405
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 406
2 ba · 1,494 ft²
8811 Cypress Lakes Dr # 407
2 ba · 1,288 ft²
8811 Cypress Lakes Dr # 408
2 ba · 1,288 ft²
8811 Cypress Lakes Dr Unit 409
2 ba · 1,494 ft²
8811 Cypress Lakes Dr Unit 410
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 411
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 412
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 413
2 ba · 1,411 ft²
8811 Cypress Lakes Dr Unit 501
2 ba · 1,606 ft²
8811 Cypress Lakes Dr Unit 502
2 ba · 1,411 ft²
8811 Cypress Lakes Dr Unit 503
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 504
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 505
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 506
2 ba · 1,494 ft²
8811 Cypress Lakes Dr Unit 507
2 ba · 1,288 ft²
8811 Cypress Lakes Dr Unit 508
2 ba · 1,288 ft²
8811 Cypress Lakes Dr Unit 509
2 ba · 1,494 ft²
8811 Cypress Lakes Dr Unit 510
2 ba · 1,518 ft²
8811 Cypress Lakes Dr Unit 511
2 ba · 1,240 ft²
8811 Cypress Lakes Dr Unit 512
2 ba · 1,806 ft²
8811 Cypress Lakes Dr Unit 513
2 ba · 1,411 ft²
Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.
About 8811 Cypress Lakes Dr
How many units are in 8811 Cypress Lakes Dr, Raleigh, NC?
8811 Cypress Lakes Dr, Raleigh, NC has 58 residential units across 5 floors, built in 2008, according to county assessor records.
What is a unit at 8811 Cypress Lakes Dr, Raleigh, NC worth?
The median TopHap Estimate across the 58 units at 8811 Cypress Lakes Dr, Raleigh, NC is $599,026. That works out to $401 per square foot. Units run from 772 to 1,806 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.
Is 8811 Cypress Lakes Dr, Raleigh, NC expensive for Raleigh?
Units at 8811 Cypress Lakes Dr, Raleigh, NC carry a median of $401 per square foot, 69% above the Raleigh median of $237 per square foot.
How often do units sell at 8811 Cypress Lakes Dr, Raleigh, NC?
4 units at 8811 Cypress Lakes Dr, Raleigh, NC sold in the last 12 months, out of 124 recorded arms-length sales all time. That is a turnover rate of 6.9% of the building per year. The median sale over that period was $671K.
Have units at 8811 Cypress Lakes Dr, Raleigh, NC appreciated?
Across 63 repeat sales of the same unit, 8811 Cypress Lakes Dr, Raleigh, NC returned a median 2.5% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 8.9 years.
What floor plans does 8811 Cypress Lakes Dr, Raleigh, NC have?
The most common plan at 8811 Cypress Lakes Dr, Raleigh, NC is a 0-bedroom of 1,494 square feet, repeated 10 times, with a median estimate of $602,601. TopHap identifies 7 recurring plans in the building.
More homes on Cypress Lakes Dr Unit 212
- 8831 Cypress Lakes Dr # 409$1.2M2 ba · 1,576 ft² · Sold $1.2M · Jul 2026
- 8831 Cypress Lakes Dr # 106$765K2 ba · 1,576 ft² · Sold $2K · Jul 2026
- 8821 Cypress Lakes Dr # 204$1.2M2 ba · 2,259 ft² · Sold $1.7M · May 2026
- 8601 Cypress Lakes Dr # 407$969K2.5 ba · 2,526 ft² · Sold $2.3M · May 2026
- 8581 Cypress Lakes Dr # 308$715K2 ba · 1,205 ft² · Sold $729K · May 2026
- 8811 Cypress Lakes Dr # 301$713K2 ba · 1,606 ft² · Sold $765K · Mar 2026
- 8821 Cypress Lakes Dr # 206$427K1 ba · 1,042 ft² · Sold $464K · Feb 2026
- 8811 Cypress Lakes Dr # 511$623K2 ba · 1,240 ft² · Sold $676K · Feb 2026
- 8811 Cypress Lakes Dr # 408$614K2 ba · 1,288 ft² · Sold $666K · Feb 2026
- 8811 Cypress Lakes Dr # 508$580K2 ba · 1,288 ft² · Sold $657K · Oct 2025
- 8581 Cypress Lakes Dr # 502$590K2 ba · 1,287 ft² · Sold $621K · Oct 2025
- 8831 Cypress Lakes Dr # 204$503K2 ba · 1,242 ft² · Sold $576K · Sep 2025
Closest homes
- 8811 Cypress Lakes Dr Unit 213$515K0 ft · 2 ba · 1,411 ft² · Sold $601K · Sep 2024
- 8811 Cypress Lakes Dr Unit 504$559K0 ft · 2 ba · 1,240 ft² · Sold $419K · Jun 2020
- 8811 Cypress Lakes Dr Unit 305$584K0 ft · 2 ba · 1,518 ft² · Sold $734K · Jul 2024
- 8811 Cypress Lakes Dr Unit 505$602K0 ft · 2 ba · 1,518 ft² · Sold $765K · Aug 2024
- 8811 Cypress Lakes Dr Unit 302$533K0 ft · 2 ba · 1,411 ft² · Sold $459K · Jul 2021
- 8811 Cypress Lakes Dr Unit 209$624K0 ft · 2 ba · 1,494 ft² · Sold $585K · Jul 2020
- 8811 Cypress Lakes Dr Unit 206$605K0 ft · 2 ba · 1,494 ft² · Sold $743K · Sep 2023
- 8811 Cypress Lakes Dr Unit 204$421K0 ft · 2 ba · 1,240 ft² · Sold $449K · Mar 2023
More homes in Raleigh 27615
- 7909 Twin Oak Ct$365K1 ba · 1,022 ft² · Sold $355K · Oct 2026
- 8000 Morgans Way$850K3.5 ba · 2,943 ft² · Sold $885K · Oct 2026
- 8317 Hobhouse Cir$390K2.5 ba · 1,906 ft² · Sold $382K · Oct 2026
- 7705 Bernadette Ln$215K2.5 ba · 1,220 ft² · Sold $204K · Oct 2026
- 7800 Madison Park Ln$850K3.5 ba · 4,582 ft² · Sold $835K · Oct 2026
- 10429 Leslie Dr$725K3 ba · 2,806 ft² · Sold $820K · Oct 2026
- 7608 Rainwater Rd$908K2.5 ba · 3,274 ft² · Sold $1.1M · Oct 2026
- 2449 Deanwood Dr$550K2.5 ba · 1,997 ft² · Sold $544K · Oct 2026
- 1008 Vestavia Woods Dr$739K2.5 ba · 2,775 ft² · Sold $806K · Oct 2026
- 8505 Davishire Dr$1.4M3.5 ba · 4,102 ft² · Sold $1.3M · Oct 2026
- 20 Renwick Ct$395K2.5 ba · 1,938 ft² · Sold $395K · Oct 2026
- 8000 Brandyapple Dr$355K1.5 ba · 1,746 ft² · Sold $405K · Sep 2026
Assigned schools
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