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$560,000
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Property Description
Welcome to the Townsend - Your Ideal Retreat in Our Newest 55+ Community! Discover comfort and convenience in this beautifully designed single-level home, crafted for effortless main-level living. Step inside this 3-bedroom, 2.5-bath haven and you'll find two welcoming bedrooms just off the entryway, perfect for guests or hobbies. The formal dining room sets the stage for memorable dinners and special celebrations, flowing seamlessly into the bright, open family room. At the heart of the home is a cheerful gourmet kitchen, complete with a spacious island-perfect for everything from meal prep to morning coffee with friends. Relax and unwind in the expansive family room, or step outside to your very own screened-in back porch-your private escape for fresh air, peace, and relaxation, just steps from your living space. When the day winds down, retreat to your elegant primary suite featuring a generous walk-in closet and a spa-like en suite bathroom. It's the perfect sanctuary to call home. Comes with refrigerator, washer/dryer AND blinds!
Full Property Details
Full Property Details for 1201 Masters Place Wy #181
General
- Sold For: $560,000
- HOA FEE: $275/month
- Taxes: $5,000
- Status: Closed
- Type: Farms/Ranches
- Source: 2218
- MLS ID: 10123993
- Added to Site: 113 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Entrance Foyer, High Ceilings, Living/Dining Room Combination, Open Floorplan, Pantry, Master Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Oven, Washer/Dryer
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room, Main Level, Sink
Additional Information
- Shared Amenities: Clubhouse, Dog Park, Fitness Center, Game Room, Pool, Tennis Court(s), Trail(s)
- Pool: Yes
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Patio, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Location
- County: Durham
- Subdivision: Falls Village
- Driving Directions: Follow I40; exit #281 Miami Blvd. Turn right and continue about 7 miles to NC-98E (Or Wake Forest Rd) and turn right. About 3/4 mile, Falls Village Golf Course is on the left. Welcome Home Place is on the right!
- City Limits: Yes
School Information
- Elementary School: Durham - Oakgrove
- Middle School: Durham - Neal
- High School: Durham - Southern
Community
- Association: Yes
- Assoc. Fees Include: Cable TV, Internet, Maintenance Grounds
- Adult Community: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch, Traditional
- Structure Type: Site Built
- Builder: Stanley Martin Homes, LLC
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2369
- Square Feet: 2,369
- Finished Above Grnd: 2,369 Sq. Ft.
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325.6
- Street/Road Desc.: Asphalt
- Lot Features: Landscaped, Near Golf Course
Financial Considerations
- Association Fee: $275
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,000
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 861934478
- Lot Number: 181
Listed by SM North Carolina Brokerage, Jolene Johnson (919) 215-6479
Sold by RE/MAX United, Bobby Hill
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Schools
Schools serving 1201 Masters Place Wy #181
School District:Durham Public Schools
| Name | Grades | Distance |
|---|---|---|
Oak Grove Elementary, Durham, NC 3810 Wake Forest Road, Durham, NC 27703 | PK-5 | 3 mi |
Neal Middle 201 Baptist Road, Durham, NC 27704 | 6-8 | 1.1 mi |
Southern School of Energy and Sustainability 800 Clayton Road, Durham, NC 27703 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1201 Masters Place Wy #181
Date
Details
Price
Change
Source
12/10/2025
Sold
$560,000
—
MLS
9/25/2025
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1201 Masters Place Way #181, Durham, NC 27703 (MLS# 10123993) is a Farms/Ranches property that was sold at $560,000 on December 10, 2025. Want to learn more about 1201 Masters Place Way #181? Do you have questions about finding other Farms/Ranches real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

