Gracefully poised on an expansive lot along the tranquil shores of MacGregor Downs Lake, this remarkable estate makes its debut to the market for the very first time. Encompassing 0.7 acres of lush, manicured grounds in one of Cary's most iconic and storied communities, this property offers an extraordinary level of privacy, serenity, and waterfront living that is seldom available anywhere in the Triangle. Tucked discreetly back from the road and framed by mature landscaping, this 9,247-square-foot Cape Cod-style residence masterfully blends timeless luxury with everyday comfort. Designed by renowned architect Jo Ewing and constructed by respected builder Bill Lawrence, the home is a tribute to North Carolina craftsmanship—with details like Chatham County pine floors, Port City staircases, and Tarboro millwork speaking to its deeply rooted sense of place. The home's architectural language nods to the quiet sophistication of Pinehurst and the classic charm of coastal retreats like Kennebunkport and the Hamptons. Its façade is crowned by over 2,100 square-feet of covered porches anchored by a wrap-around 14 foot deep resting and entertaining space, offering commanding views of MacGregor Lake and inviting a lifestyle centered on stillness, nature, and connection. Inside, thoughtfully curated finishes and features abound: four fireplaces with soapstone and marble surrounds, solid wood inset cabinetry, honed beams, a combination of antique and Visual Comfort lighting and Rocky Mountain hardware throughout. The chef's kitchen and adjoining summer kitchen are outfitted with custom paneling and refined natural materials—perfect for both everyday living and effortless entertaining. The primary suites, one up and one down, are a true retreat overlooking the breathtaking views. The downstairs primary offers a bathroom featuring heated floors, steam shower, European soaking tub, and multiple expansive custom closets. Every bedroom in the home is it's own ensuite accompanied by a dedicated walk-in closet and custom, marble and marble-inspired details. Additional highlights include both up and down laundry rooms, a custom, wood-paneled elevator, home office, central vacuum, and extensive unfinished storage. A sweeping, oversized driveway—anchored by stone columns and framed with hedging—leads to a three-car side-entry garage with custom barn doors and separate workshop or garden room and storage space. All of this is nestled within the prestigious MacGregor Downs community—where lakefront living is exceedingly rare and highly coveted. While enjoying a quiet morning on the porch, this home offers an unparalleled opportunity to own a legacy estate in the heart of Cary. Looking for more space? Adjacent lot, 120 Duncansby Court, is available for purchase first to buyer of this extraordinary home to make it a total of 1.22 acres.