Pfeiffer donated 18 acres of land and groundbreaking took place in April 2010.
On January 4, 2011, Gray Stone students moved into a new $7 million, 53,000-square-foot (4,900 m2) building.
[4] Gray Stone was recognized by Newsweek as North Carolina's top high school in 2014.
[5] On May 11, 2016, Gray Stone announced a campaign to raise $1.5 million for a $3.9 million middle school building to house 375 students, to be located next to the high school.
[7] On Oct 9, 2023, Gray Stone CAO Helen Nance announced that the Board of Directors approved a plan to build a new athletic complex.