Cary, N.C. — A private lakehouse with more than 9,000 square feet owned by a Cary angel investor is on the market for $8.3 million, according to a listing posted Zillow through TMLS.
Tax records show the property is currently owned by David and Cheryl C. Gardner, who have been married for 27 years.
David Gardner is a serial entrepreneur, writer, adviser, and manager of early stage investment fund, Cofounders Capital. He has more than thirty years of experience in creating and building software technology companies, which built him his wealth he has today.
The home listed for sale in Cary is on nearly 8 acres of land and is outside city limits, so whoever lives in the home next won’t have to pay city taxes, according to the listing. The mansion is also not in any sort of neighborhood and there are no homeowner’s association fees.
The Gardner mansion has an indoor pool, a wine cellar, a private gym and a built-in boat house.
It was listed on TMLS around 30 days ago.
In college and graduate school, David Gardner studied music, theology, philosophy and dead languages, which oddly enough, led to his career as an entrepreneur.
Gardner, who paid his way through theology school playing piano in bars, recently sang a song he wrote for his daughter when she was seven at her wedding.
After failing at retirement twice, Gardner became one of the Triangle’s most active angel investors spending his time as a volunteer coach and mentor to startup founders and managing a free accelerator he sponsors with the Town of Cary. To combat the lack of early stage capital in NC, David created and runs Cofounders Capital, a $12 million seed fund, the success of which led to a second $31 million fund.
As an entrepreneur, David was the founder or co-founder of seven companies including PeopleClick (purchased for $100 million) and Report2Web, which sold for $12M in less than eleven months from inception. He has demonstrated a record for consistency across multiple industries with six successful exits in a row… and one he refuses to talk about.
Gardner served as the executive vice president and thought leader for Compuware, a Fortune 1000 Corporation, after it acquired ProviderLink, a healthcare IT exchange he founded.
As a writer, David is author of a popular book on entrepreneurship called The StartUp Hats. He has published many articles and forward-thinking white papers on technical innovation, entrepreneurship and economic development. Among other firsts, Gardner is credited with founding and launching the first software-as-a-service venture in NC (PeopleClick).
WRAL news has reached out to the Gardner’s real estate agent, Hunter Cutright with EXP Realty, for more details on the listing.
WRAL TechWire contributed to this report.
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