#10086985, Susan Ungerleider, Listing Office: RED Collective
508 Lakeland St Unit A Durham, NC 27701
Property details
About 508 Lakeland St Unit A
Investor Alert - Generate solid annual STR income averaging $70k. Have it all in this Gorgeous NEW CONSTRUCTION home by Vista Properties. This home exudes quality and lux finishes at every turn. Strategically placed windows allow for tons of natural light while preserving privacy. Ideal open floorplan features a main floor guest bedroom and full bath. Wide plank hardwood floors. Chef's kitchen includes sleek black flat panel cabinets, quartz counters, stainless KitchenAid appliances incl. Refrigerator, GAS Cooktop and Double Ovens. The kitchen flows into the spacious family room with sliders opening to a screened balcony. Upstairs has 2 additional bedrooms w/ private baths plus the master retreat w/ deluxe en-suite featuring dual sinks and walk-in shower w/ body sprayer. Oversized 2-car garage and tons of storage in the basement. Walk to Burton Magnet Elementary base school, just across the street. Great location is just 6 minutes to DPAC, 3 minutes to Mike Dee's & Ideal's Sandwich, 7 minutes to Bulls Stadium and 10 minutes to Duke.
Highlights
Summary
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave
- Basement: Yes
- Flooring Type: Hardwood, Tile
- Interior: Double Vanity, Kitchen Island, Pantry, Quartz Counters, Recessed Lighting, Sound System, Walk-In Closet(s), Walk-In Shower, Wired for Data
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Rear
- Exterior: Porch/Covered, Porch, Screened Porch, Balcony
- Architectural Style: Contemporary, Modern
- Heating: Forced Air
- Cooling: Central Air
- List Price: $627,400
- Price/SqFt: $275
- Directions: I-40 West to HWY 55 North toward Durham; Right on Linwood; Left on Matheson; Right on Lakeland; Home is on the right.
- Year Built: 2024
- Living Area: 2,275 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 10073069
- MLS Name: Doorify MLS
- Office Name: Compass -- Cary
- Office Phone: (919) 769-1956
- Office Email: agentexperience@compass.com
- Listing Agent: Christy Mroczkiewicz
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Last updated on: 5/6/2025, 8:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$627,400
508 Lakeland St Unit A
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Price information
Property sales
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Nearby schools
7
Burton Elementary School
Public Magnet PK-5
0.1 mi
•1500 Mathison St
8
R.N. Harris Elementary School
Public Magnet PK-5
0.6 mi
•1520 Cooper St
5
Eastway Elementary School
Public District PK-5
0.9 mi
•610 N Alston Ave
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 $20,296. Typical income of Durham, NC residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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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 508 Lakeland St Unit A
The listing price of 508 Lakeland St Unit A property is $627,400.
The property 508 Lakeland St Unit A is a house located in Durham, North Carolina, 27701.
Active Listing: 508 Lakeland St Unit A is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 508 Lakeland St Unit A are: Burton Elementary School (GreatSchools Rating 7/10), R.N. Harris Elementary School (GreatSchools Rating 8/10), Eastway Elementary School (GreatSchools Rating 5/10), Maureen Joy Charter School (GreatSchools Rating 7/10), Shepard Middle School (GreatSchools Rating 8/10), Kipp Durham College Preparatory (GreatSchools Rating 2/10), Middle College High School @ Dtcc (GreatSchools Rating 9/10), J D Clement Early College High School (GreatSchools Rating 10/10), Durham's Performance Learning Center (GreatSchools Rating 2/10).
The property at 508 Lakeland St Unit A has 4 bedrooms and 4 bathrooms.
The property 508 Lakeland St Unit A is 2,275 SqFt (source: MLS/tax record).
The year of construction for 508 Lakeland St Unit A is 2024.
This home is located at 508 Lakeland St Unit A in Durham, NC and zip code 27701. This 2,275 square foot home, which was built in 2024, sits on a 0.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $627,400.
Durham, NC housing market in April 2025 saw over 97 listings sold above listed price, more than 77 sold at listed price and over 139 sold below. In April 2025 in Durham, NC there were 15.2% more homes for sale than in March. While the average time on the market in April 2025 was 27 days, the median list price was $426,415.