Stake Your Claim

Buyers are already asking to reserve lots and homes in advance of the July 11 presale launch.

We’ve been showing the land every day since announcing pre-sales. Here are some FAQ from buyers and agents-

Q: Are some home sites more expensive than others?
A: Woodlands lots vary by size, features, and price, and Farm Village lots are more similar.

Q: Are Pegasus’ designs customizable?
A: Pegasus is a custom builder and they can price a wide range of customizations.

Q: What kinds of people will live at Wetrock Farm?
A: People who really value (not just say they value) a community centered around a professionally managed organic farm, a nature preserve with trails, proximity to Durham, and LEED certified net-zero homes.

Q: Is Wetrock Farm like Co-Housing/Communal living?
A: Wetrock Farm is a conventional community with a regular homeowners association and without the social expectations of co-housing.

Q: Are there going to be other old/young people living there?
A: Wetrock never discriminates by age or any other protected class, nor are we an age-targeted community, however, based on interest to date we anticipate a diverse age range living at Wetrock Farm.

Q: How does the farm work?
A: Farm setup is already in progress and it will be a developer owned and managed farm with a market rate lease between the farm and the Homeowners Association, $50 / month for 2x monthly produce delivery. There will also be a sizable community garden owned and managed by the residents.

Q: Why are all the homes net zero?
A: We are pushing the envelope for energy efficiency and environmental stewardship at Wetrock Farm. Also, by making solar a standard feature it doesn’t throw off sales comps.

Q: How did this whole project come together?
A: Long story. Schedule a visit for that answer.

Q: Can you accommodate a boat/RV pad?
A: No.

Q: Why should I reserve now?
A: Choice lots are already getting picked.

Meet Anna Jenkins

We are excited that Anna Jenkins is joining the Wetrock Team as Sales Agent!

Anna is a Durham native. After working in new development marketing and sales in New York City, Anna returned to Durham and will be dedicated to selling new homes at Wetrock Farm.

Call to schedule an office presentation and site visit, and we will begin accepting reservations with deposits on July 11.

Reservation Info

Be a founding member of this exciting new community, and take advantage of initial presale pricing.

We will begin accepting reservations on July 11 for the following:

Pegasus Farm Village Blueberry, Lot 1. $389,000
Pegasus Farm Village Persimmon, Lot 2. $429,000
Pegasus Farm Village Peach, Lot 3. $409,000

Pegasus Woodlands Custom Home Design, Lots 22 and 23. Negotiable

Pegasus’ deposits are $30,000 for Farm Village and $45,000 for Woodlands

Developer Woodlands home sites. Lots 20, 21, 26, and 27.

Call or email to schedule a tour and begin your journey at Wetrock Farm.

 

 

 

Wetrock Farm

 

Rick Bagel

Rick bagel

 

SALES AGENT / LAND DEVELOPER

Wetrock Resources, LLC is a Durham-based land development company committed to developing an extraordinary new community in Durham.  the subsidiary, Wetrock New Home Sales, LLC is a licensed NC Real Estate Broker working on behalf of the Wetrock Farm builder team. Managing Partner and Duke Alum Rick Bagel founded Wetrock Resources, LLC to create a range of innovative projects in the Southeast. As the first modern net-zero agrihood in the Triangle area, Wetrock Farm will be the first of many to re-define the current model for residential development. Rick lives in Durham with his wife, Ankita, and their beautiful daughter, Isabella.

Rick Rees

BUILDER

 

 

Rick Rees of Pegasus Land Co. has served over 200 Durham residents with custom home builds, additions, and other construction services. Following up on their success of the Murray-Shenandoah project—including the renovation of the J.K. Vaughn house and nine new craftsman homes—Pegasus  joins the Wetrock Farm team to meet the evolving needs and preferences of Durham home buyers. Pegasus delivers premium, energy efficient, and contemporary homes for those who expect more as the standard. Customers love Pegasus’ unwavering commitment to quality, craftsmanship, and fairness. At his own home, Rick is a devoted husband and a father to two wonderful daughters.

 

 

 

 

Keith Shaw Architect

Keith Shaw Architect

 

 COMMUNITY ARCHITECT

As our Community Architect, Keith Shaw is responsible for maintaining Wetrock Farm’s rigorous design and energy efficiency standards. He and his team at Shaw Design work directly with our team of builders and our homebuyers to ensure that Wetrock Farm homes will be among the highest quality homes in the Triangle. Please browse our homes to learn more. We also welcome appointments to discuss custom home designs.

Originally from Greenville TN, Keith received a Bachelor of Architecture degree with honors from Andrews University in Berrien Springs, MI. In 1995, he founded his own firm in Chapel Hill, Shaw Design Associates and became a member of the American Institute of Architects (AIA). Keith was determined to build an architectural practice that would maintain the highest standards in design, construction, and client satisfaction, and Shaw Design has since created over 100 custom residential projects in the Triangle Area. To this day, Keith relies on enduring design principles, client relationships, and collaborative teamwork to create architecture of lasting beauty and integrity. He and his wife, Linda, have two sons, and Keith’s favorite family activity is taking his boys on backpacking trips in the mountains.

 

 

         

 Wetrock Farm

Wetrock Resources, LLC is a North Carolina real estate development company specializing in sustainable land development. Our mission is to provide resources and deliver value for partners interested in building exceptional places for people.

Wetrock Resources, LLC Managing Partner and majority owner, Rick Bagel, founded Wetrock Resources, LLC in 2008 to implement sustainable land development concepts in the Southeast. He has also worked as a Land Development Coordinator at K. Hovnanian Homes Raleigh Division and as an Associate for a private real estate developer in Miami, FL. Mr. Bagel holds a B.S. in Economics from Duke and an MBA with a concentration in Real Estate from the University of Miami. He is a member of Urban Land Institute, Carolina Farm Stewardship Association, and the NC Agritourism Networking Association. Assisting Mr. Bagel with setting up the Farm Enterprise and organizing educational programs are Lucas Wentworth and Strouse Campbell, Raleigh-Durham residents with backgrounds in education and small farms.

The property:

The 287-acre property is an idyllic nature preserve. The property is gently sloping and offers an attractive mix of forest and cleared land. The community is designed to take advantage of the beautiful landscape of Northern Durham County – an area with rich agricultural heritage and bucolic surroundings. The farm and forestland, protected by a conservation easement, will ensure the preservation of this beautiful landscape.

THE FIRST MODERN NET ZERO AGRIHOOD IN THE U.S.
Nestled in the pastoral foothills of North Carolina will be a new kind of neighborhood. It’s called Wetrock Farm, and this 230-acre community will be the first solar-powered agrihood in the U.S.

What is an agrihood? A neighborhood that supports and revolves around a thriving farm. It’s a community where your local farmer lives a few doors down and neighbors look out for one another.

At Wetrock Farm, we grow our farmland and community together.

Learn more by reading the fact sheet  (below). Interested investors may Contact Wetrock Farm, Property Manager, Rick Bagel 919-794-1154 or visit the website.   Financial Summary and Farm site plan is available upon request.

 

 

 

 

 

Wetrock Farm-Agrihood

DURHAM, NC
Wetrock Farm offers a lifestyle connected to our roots. The exciting new concept features a real community with high-quality homes, an organic farm, and over 100 acres of preserved open space. Just 15 minutes from the heart of Durham, the 230 acre community will be nestled among the beautiful, gently-sloping fields of northern Durham County.

Rick Bagel, Managing Partner
Managing Partner Rick Bagel founded Wetrock Resources, LLC to implement innovative and thoughtful development projects in the Southeast. His pilot project, Wetrock Farm, is already breaking the cookie cutter model for residential development by bringing the Research Triangle its first agrihood.

Rick has a strong background in finance, development, planning, and sales. He has a passion for shifting traditional suburban models, conserving natural resources, and making new concepts more accessible for established real estate industry partners. Previously, Rick worked as a Land Development Coordinator at K. Hovnanian Homes in the Raleigh Division and as an Associate for a private real estate developer in Miami, FL. Rick holds a B.S. in Economics from Duke University and an MBA with a concentration in real estate from the University of Miami. He is an active member of Urban Land Institute, Carolina Farm Stewardship Association, and the Croatan Institute.

 

BAHAMA — Around a decade ago, when he was a recent graduate of Duke University, Rick Bagel started drawing up a business plan for what would become Wetrock Farm — a housing subdivision built around a working organic farm.

Now, after years of looking for the right land, navigating the regulatory approval process and raising the money, that idea is finally getting off the ground in northern Durham County.

Construction officially started last month on the infrastructure for Wetrock Farm, paving the way for what eventually could become 141 homes around a 15-acre farm and greenhouses growing blueberries, grapes and a bevy of rotating vegetables. The subdivision is on 230 acres of former tobacco land in Bahama, about 20 minutes north of downtown Durham and just across the city limits.

 

“We had the property under contract in spring of 2014, and that’s when I started working on it full time,” Bagel said while walking across the property, which is currently dotted with heavy construction equipment. “It took us four years to raise the equity.”

Bagel, the managing partner of Wetrock Resources, is billing it as an “agrihood,” an increasingly popular — if still niche — type of community or subdivision that is planned around a working farm.

 

WETROCK_AERIAL_011118-2 copy.png

A rendering of the layout of the Wetrock Farm community.
Courtesy of Wetrock Farms

 

Agrihoods have sprouted up across the nation, from cities like Phoenix, Arizona to nearby Asheville. Similar to how many suburban neighborhoods offered a golf course and a clubhouse as an amenity in recent decades — the amenity of an agrihood is a professionally managed farm that creates a gathering space and a food source. Dues from the homeowner’s association would pay for regularly delivered allotments of organic produce.

Read more here:

“We had the property under contract in spring of 2014, and that’s when I started working on it full time,” Bagel said while walking across the property, which is currently dotted with heavy construction equipment. “It took us four years to raise the equity.”

Bagel, the managing partner of Wetrock Resources, is billing it as an “agrihood,” an increasingly popular — if still niche — type of community or subdivision that is planned around a working farm.

 

 

Agrihoods have sprouted up across the nation, from cities like Phoenix, Arizona to nearby Asheville. Similar to how many suburban neighborhoods offered a golf course and a clubhouse as an amenity in recent decades — the amenity of an agrihood is a professionally managed farm that creates a gathering space and a food source. Dues from the homeowner’s association would pay for regularly delivered allotments of organic produce.