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$545,000

  • For Sale
  • Under Contract
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,968 Sq. Ft.
  • 0.92 Acres
  • 2 Car Garage
  • Updated 5 days ago
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Property is under contract but sellers will allow showings and back-up offers. Split-level beauty with almost 3,000 sq ft of finished space in Black Horse Run - the sought after community offering horse facilities, pool with clubhouse and tennis courts. Incredible views and thoughtful updates make this property a rare find. Step inside to beautiful oak floors and a recently renovated kitchen featuring a butcher block island, quartz countertops, farmhouse sink, and the modern finishes today's buyers love. The keeping room just off the kitchen invites you to gather around the stone fireplace while enjoying views of the private backyard and surrounding nature. Upstairs, the spacious primary suite offers a step-in shower and built-in vanity. Two additional bedrooms are located across the hall from a well-designed bath with a separate bathing area for added privacy and convenience. The finished basement provides exceptional flexibility with a bedroom or office, full bath, multiple storage closets, and a large bonus room. With its own walk-out access, this space could easily be adapted for multi-generational living or guest accommodations. Outside, you'll find a peaceful backyard framed by mature hardwoods and beautiful views. Flowering shrubs, fruit trees, and raised garden beds create a gardener's dream, while clear nights bring stunning star-filled skies. This is a home where thoughtful updates, natural beauty, and flexible living spaces come together perfectly. *Lot next door (1 acre) is owned by family of sellers and can be purchased together - MLS#10173948

Full Property Details for 507 Pharlap Ln

General

  • Price: $545,000
  • HOA FEE: $81/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,205 (2025)
  • Status: Under Contract
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10173935
  • Updated: 10/1/2026
  • Added to Site: 122 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Stone Counters
  • Fireplace: Yes
  • Fireplace(s): Stone, Wood Burning
  • Appliances: Built-In Electric Range, Dishwasher, Microwave, Range Hood, Stainless Steel Appliance(s)
  • Flooring: Carpet, Hardwood, Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Main Level

Additional Information

  • Shared Amenities: Clubhouse, Pool, Trail(s)

Exterior

  • Exterior Features: Garden, Storage
  • Porch/Patio/Deck: Covered, Deck, Patio, Rear Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage

Location

  • County: Durham
  • Subdivision: Black Horse Run

School Information

  • Elementary School: Durham - Mangum Elementary
  • Middle School: Durham - Lucas Middle School
  • High School: Durham - Northern High

Community

  • Association: Yes
  • Assoc. Name: Black Horse Run of Durham
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Heat Pump

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Architectural Style: Ranch
  • Structure Type: House
  • Exterior Const.: Stone, Wood Siding
  • Basement: Yes
  • Basement Desc.: Finished, Walk-Out Access
  • Roof: Architectural Shingle
  • Common Walls: No Common Walls
  • Building Size: 2968
  • Square Feet: 2,968
  • Living Area: 2,968 Sq. Ft.
  • Finished Above Grnd: 2,129 Sq. Ft.
  • Finished Below Grnd: 839 Sq. Ft.
  • Year Built: 1987

Additional Structures

  • Other Structures: Shed(s), Storage

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.92
  • Lot Size (Sq. Ft.): 40,075.2
  • Lot Features: Garden, Wooded

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $968
  • Assoc Fee Freq.: Annually
  • Tax Amount: $3,205.87
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 0838-11-5768
  • Lot Number: 138

Listed by Choice Residential Real Estate, Jennifer Edwards (919) 564-6652

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Listing agent

— 507 Pharlap Ln —

  • Jennifer Edwards

    Choice Residential Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 507 Pharlap Ln

School District:Durham Public Schools
NameGradesDistance
Mangum Elementary
9008 Quail Roost Road, Bahama, NC 27503
K-50.9 mi
Lucas Middle School
923 Snow Hill Road, Durham, NC 27704
6-84.4 mi
Northern High
117 Tom Wilkinson Road, Durham, NC 27712
9-125.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 507 Pharlap Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$545,000
-0.91%
MLS
7/21/2026
Price Reduced
$550,000
-4.35%
MLS
6/24/2026
Price Reduced
$575,000
-0.86%
MLS
6/17/2026
Price Reduced
$580,000
-0.85%
MLS
6/13/2026
Listed
$585,000
74.63%
MLS
11/20/2020
Sold
$335,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 507 Pharlap Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,206
10%
$500,856
68%
2024
$2,926
6%
$298,224
100%
2023
$2,771
5%
-100%
2022
$2,641
1%
$295,740
—
2021
$2,616
1%
$295,740
—
2020
$2,594
8%
$295,740
—
2019
$2,398
11%
$295,740
20%
2018
$2,157
1%
$246,036
—
2017
$2,132
3%
$246,036
—
2016
$2,064
-8%
$246,036
-2%
2015
$2,238
—
$250,979
—
2014
$2,238
7%
$250,979
—
2013
$2,094
—
$250,979
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Choice Residential Real Estate, Jennifer Edwards (919) 564-6652

507 Phar Lap Lane, Bahama, NC 27503 (MLS# 10173935) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 507 Phar Lap Lane is currently listed for $545,000 and was received on June 13, 2026. Want to learn more about 507 Phar Lap Lane? Do you have questions about finding other Single Family real estate for sale in Bahama? You can browse all Bahama real estate or contact a Coldwell Banker agent to request more information.

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