Cary, North Carolina – A private lake house with more than 9,000 square feet owned by a Cary Angel investor is on the market for $8.3 million, according to a Zillow listing.
Tax records show that 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, advisor and manager of the early stage investment fund Cofounders Capital. He has over thirty years of experience establishing and building software technology companies, which has helped him build the wealth he has today.
The house for sale in Cary stands on nearly 8 acres of land and is outside the city limits, so whoever lives in the house after that, doesn’t have to pay city taxes, according to Zillow. The townhouse is also not located in a neighborhood and there is no cost to the owners association.
The Gardner mansion has an indoor pool, wine cellar, private gym and built-in boathouse.
It was on Zillow about 30 days ago.
In college and graduate school, David Gardner studied music, theology, philosophy, and dead languages, which curiously led to his entrepreneurial career.
Gardner, who paid his way through theology school by playing the piano in bars, recently sang a song he wrote for his daughter when she was seven at her wedding.
After failing twice in retirement, Gardner became one of the Triangle’s most active angel investors. He spent his time as a volunteer coach and mentor to startup founders and ran a free accelerator that he sponsors with the city of Cary. To combat the lack of seed capital in NC, David Cofounders created and runs 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 (bought for $100 million) and Report2Web, which sold for $12 million in less than 11 months from inception. He has established a record for consistency across multiple industries with six successful exits in a row… and one he won’t talk about.
Gardner served as 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 the author of a popular book on entrepreneurship called The StartUp Hats. He has published many articles and progressive 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 broker, Hunter Cutright with EXP Realty, for more information on the listing.
WRAL TechWire contributed to this report.