The 1920’s Craftsman bungalow with Asian-inspired details sat on the property of the Southeastern Baptist Theological Seminary (SEBTS), and was one of many bungalows that once housed Wake Forest College’s faculty and their families. The home is particularly significant for serving as the residence of the I. Beverly Lake, Sr. family until the early 1940s. Lake was a respected Wake Forest law professor, and a 1960 North Carolina gubernatorial candidate. In addition, his son, former state Senator and North Carolina Chief Justice I. Beverly Lake, Jr., was born in the home. When campus expansion threatened the Lake House in 2006, SEBTS donated the home to CAP with the understanding that CAP would relocate and preserve the structure. CAP purchased a lot on N. College Street in Wake Forest and moved the house in 2007. In December 2008, CAP sold the Lake House with a rehabilitation agreement and a preservation easement.