Hasentree is by far one of the premier communities in Wake County. And as you may have been aware, the development was foreclosed on last year by SunTrust bank. Well, good news… Toll Brothers has purchased Hasentree and they are saying they have big plans for the community.
Hasentree is actually located in Wake Forest, just north of highway 98 and occupies over 800 acres. It is home to a Tom Fazio designed golf course and a 13,000 square foot community center. I toured the community center a few months back and it is absolutely amazing. And of course, the golf course is beautiful too.
When you drive into Hasentree you know you are somewhere special. The homesites in this gated community are large and the views are spectacular. And the homes are pretty awesome too. The architectural detail is very pleasing to the eye and the current homes were built by some of the best custom builders around.
The obvious question is what changes now with regards to the look and feel of the homes. The neighborhood layout is probably pretty well set in stone. But Toll Brothers is a large national builder and the former builders were relatively smaller custom builders. It will be interesting to see what they do as they move forward at Hasentree. I’ll do my best to see what I can find and follow up with another article.
Toll Brothers also developed and built homes at Brier Creek Country Club and it has been one of the most successful developments of its kind in this area. They have a good tract record with projects of this scope and scale, so the future could have very well just become a little brighter for Hasentree.
Prices in the past have ranged from about $700K to about $3 Million. Quite the range and definitely in the high end of our market. If Hasentree sounds like the kind of neighborhood you would be interested in, contact me for more information and to arrange a private tour.
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