$3,425,000

488 Colvard Farms Rd Durham, NC 27713

4 beds
4 full, 1 partial
5,464 sqft
4.0 acres
$627 / sqft
House

Property details

About 488 Colvard Farms Rd

Beautiful Colvard Farm's Home that Compliments its Gated 4 acre Homesite. 488 Colvard Farms Road is a very private 4-acre wooded estate 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. The 4 acre lot, with a move-in ready home, is the largest in Colvard's history. Don't miss this rare opportunity.

Highlights

Home typeSingle Family Residence
HeatingElectric, Propane
StatusActive
CoolingCeiling Fan(s), Central Air, Multi Unit(s), Other
Size5,464 sqft
BasementYes
Lot size4 Acres
Year built2006
ParkingAttached, Garage
MLS #10059218
Attached garage2 spaces
FireplaceFamily Room, Living Room

Summary

  • MLS Number: 10059218
  • MLS Name: Triangle MLS
  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (919) 383-4663
  • Office Email: Tracey.Goetz@bhhsysu.com
  • Listing Agent: John Glenn Riester

IDX 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: 3/10/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,425,000

488 Colvard Farms Rd

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Price information

Property sales

DateEventPrice
Oct 05, 2023
Home Sold
$2,000,000
Apr 08, 2005
Home Sold
$127,500

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $132,360. Residents of Durham, NC typically earn between $100k-200k each year. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

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/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • QdobaQdoba

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • BuickBuick

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • Active RockActive Rock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Durham, NC

About 488 Colvard Farms Rd

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 4.00 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $3,425,000.

Durham, NC housing market in February 2025 saw over 48 listings sold above listed price, more than 43 sold at listed price and over 113 sold below. In February 2025 in Durham, NC there were 14.2% more homes for sale than in January. While the average time on the market in February 2025 was 53 days, the median list price was $424,944.

From Rocket Homes Real Estate and based on county public records data.

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