Raleigh, NC192 Units, constructed in 1986
Sailboat Bay, located at 3221 Lynn Ridge Drive, is a 192-unit boutique apartment community completed in 1986. The property is situated near the North Hills neighborhood and covers over 19 acres. The property consists of 12 buildings with 10 units per acre. Sailboat features two-story buildings with one- and two-bedroom apartments averaging 641 square feet. The property provides residents with a private and peaceful setting with frontage on Lake Lynn as well as direct access to trails surrounding the lake.
Located on Lake Lynn, Sailboat gives residents direct access to 2.8 miles of the lake’s walking trail. The property also features a resort-style swimming pool with a sundeck, a fitness center, a laundry center, an outdoor barbeque grill and picnic area, and two lighted tennis courts. Units include a gourmet kitchen with black appliances, a private patio / balcony, and washer and dryer connections. Select units include a breakfast bar, a kitchen pantry, lake views, a wood burning fireplace, bay windows, and a built-in bookcase. Planned capital includes adding washers and dryers to units, adding new fitness equipment and new pool furniture, adding a seated lounge area by the lake, and cosmetic upgrades to the clubhouse.
Sailboat Bay is conveniently adjacent to the affluent North Hills neighborhood. The property is located between Downtown Raleigh and the Research Triangle Park. Additionally, the popular entertainment district, Crabtree Valley Mall, and the newly slated mixed use projects, Glenwood Place and Carolina Row, are also close to the property. Sailboat’s residents enjoy the best of both worlds. They can experience the outdoors while biking around Lake Lynn or playing tennis as well as drive a short distance to see a movie at the Crabtree Valley Mall or easily commute to Downtown Raleigh.