#10095258, Danielle Weeks, Listing office: NextHome Turn Key Realty
$2,495,000 List price
488 Colvard Farms Rd Durham, NC 27713
4 beds
4 full, 1 partial
5,464 sqft
2.8 acres
$457 / sqft
House
Property details
About 488 Colvard Farms Rd
Beautiful Colvard Farm's Home that Compliments its Gated Homesite. 488 Colvard Farms Road is a very private and large wooded estate lot that combines its transitional architecture with modern comforts. This comfortable haven is part of the gated community of Colvard Farms Estates, offering both privacy and exclusivity. This home boasts nearly 5500 square feet of living space with an additional unfinished 1390 square feet that can yield a 2nd Floor Owners Suite and a large temperature-controlled basement workshop or storage area. The home features 4 spacious bedrooms (including a first floor owners suite), 4 full baths, and 1 half bath. Recent upgrades include restored black walnut hardwoods, a new roof with warranty, two new high-efficiency TRANE heating/cooling units, along with a finished basement. The expansive lower level is flooded with natural light and has new high-end LVP flooring along with a home theater room. Additionally, a new full bath and bedroom makes it perfect for an in-law suite or guest accommodations. The home overlooks a beautiful pond providing serene views from all three levels. Although it feels like a secluded home, it's conveniently located just 2 miles from Southpoint Mall, I-40 and only 15 minutes from RDU Airport. The Colvard Farms community offers a variety of amenities, including over 2 miles of picturesque walking trails, a pool, a clubhouse with playground and newly updated tennis and pickleball courts. This property is a perfect blend of seclusion and convenience, offering a peaceful retreat with easy access to urban amenities. Come check out 488 Colvard Farms Rd today!
Highlights
Home typeSingle Family Residence
HeatingElectric, Propane
StatusActive
CoolingCeiling Fan(s), Central Air, Multi Unit(s), Other
Size5,464 sqft
BasementYes
Lot size2.77 Acres
Year built2006
ParkingAttached, Garage
MLS #10059218
Attached garage2 spaces
FireplaceFamily Room, Living Room
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Water Softener
- Basement: Yes
- Flooring Type: Carpet, Hardwood
- Interior: Bathtub Only, Bookcases, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Room Over Garage, Separate Shower, Soaking Tub, Sound System, Track Lighting, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar, Whirlpool Tub, See Remarks
- Fireplace: Family Room, Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Garage
- Architectural Style: Farmhouse, Transitional
- Heating: Electric, Propane
- Cooling: Ceiling Fan(s), Central Air, Multi Unit(s), Other
- List Price: $2,495,000
- Price/SqFt: $456
- HOA Amount: $770 Quarterly
- Annual Tax Amount: $10,961
- Tax Year: 2024
- Lot: Landscaped, Cleared, Pasture, Secluded
- Directions: FROM DT DURHAM: N Mangum St to Durham Fwy/Morehead Ave/S Srv Rd E. Left onto NC-147S/Durham ramp toward Airport/Raleigh. Continue 147S and merge onto I-885. Take Exit 5B for I-40 W toward Chapel Hill. I-40W to Exit 274 for NC-751 toward Jordan Lake. Right onto Colvard Farms Rd. Right on Colvard Estates Dr. Home is on the Left.
- Year Built: 2006
- Living Area: 5,464 SqFt
- Lot Size: 2.77 Acres
- MLS Number: 10059218
- MLS Name: Doorify MLS
- Office Name: Berkshire Hathaway HomeService
- Office Phone: (919) 383-4663
- Office Email: Tracey.Goetz@bhhsysu.com
- Listing Agent: John Glenn Riester
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 10:40:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 05, 2023 | Home Sold | $2,000,000 |
| Apr 08, 2005 | Home Sold | $127,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,144,923 | $10,961 |
| 2023 | $1,144,923 | $10,568 |
| 2022 | $1,144,923 | $10,303 |
| 2021 | $1,144,923 | $10,254 |
| 2020 | $1,144,923 | $9,813 |
| 2019 | $1,154,895 | $9,783 |
| 2018 | $1,040,487 | $9,603 |
| 2017 | $1,040,487 | $9,291 |
History based on county public records data.
Nearby schools
8
Lyons Farm Elementary School
Public District PK-5
1.8 mi
•3
Parkwood Elementary School
Public District PK-5
3.3 mi
•5207 Revere Rd
8
Alston Ridge Elementary School
Public District PK-5
3.3 mi
•11555 Green Level Church Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $132,360. Typical income of Durham, NC residents is between $100k-200k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
1%
<35k
30%
35k-100k
45%
100k-200k
24%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
25%
Single, No Kids
5%
Single, with Kids
27%
Married, No Kids
43%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
NBA/WNBA
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
New York & Company
Where do the neighbors go to eat?
Panera
Cracker Barrel
Qdoba
What do the neighbors drive?
Infiniti
Lexus
Buick
What do the neighbors listen to?
Adult Hits
Oldies
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Durham, NC
Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.
The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.
Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.
Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.
About 488 Colvard Farms Rd
The listing price of 488 Colvard Farms Rd property is $2,495,000.
The property 488 Colvard Farms Rd is a house located in Durham, North Carolina, 27713.
Active Listing: 488 Colvard Farms Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 488 Colvard Farms Rd are: Lyons Farm Elementary School (GreatSchools Rating 8/10), Parkwood Elementary School (GreatSchools Rating 3/10), Alston Ridge Elementary School (GreatSchools Rating 8/10), Alston Ridge Middle School (GreatSchools Rating 9/10), Kestrel Heights School (GreatSchools Rating 3/10), Lowe's Grove Middle School (GreatSchools Rating 3/10), C.E. Jordan High School (GreatSchools Rating 4/10), North Carolina Cyber Academy (GreatSchools Rating 3/10), Panther Creek High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $10,961 (source: MLS/based on county public records data).
The last sale was on October 5, 2023 for $2,000,000 (source: MLS/tax record).
The property at 488 Colvard Farms Rd has 4 bedrooms and 4 full and 1 half bathrooms.
The property 488 Colvard Farms Rd is 5,464 SqFt (source: MLS/tax record).
The year of construction for 488 Colvard Farms Rd is 2006.
This home is located at 488 Colvard Farms Rd in Durham, NC and zip code 27713. This 5,464 square foot home, which was built in 2006, sits on a 2.77 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $2,495,000.
In June 2025 more than 87 listings in Durham, NC were sold above the asking price. During the same period more than 80 listings were sold at asking price, while more than 173 were sold below. Between May and June 2025, Durham, NC real estate market has seen increase in the number of listings by 0.3%. The median list price of listings available in June 2025 was $424,428, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.