601 & 611 Panama Terrace, Durham, NC 27713 - Photo 1

1/1

$105,000

Sold
Closed
Lots/Land
0.34 Acres

1/1

Property Description

601 and 611 Panama Terrace offer a combined 0.84 acres (.34 and .53 acres individually). Steps from the American Tobacco Trail and minutes to everything, welcome to 611 Panama Terrace. This is a rare opportunity to own unimproved land in one of Durham's most accessible and desirable locations. Tucked into a quiet residential pocket, this lot offers a blank canvas for your dream home or next investment project. Enjoy being just around the corner from The Streets at Southpoint Mall, with top-tier shopping, dining, and entertainment. With easy access to I-40, NC-147, and I-85, commuting is seamless, whether you're headed to Downtown Durham, RTP, or Chapel Hill. This property offers the perfect balance: the charm of neighborhood living with the benefit of nearby urban convenience. City water and sewer access available. Whether you're building for personal use or capitalizing on Durham's fast-growing real estate market, this lot delivers location, flexibility, and long-term value.

Full Property Details

Full Property Details for 601 & 611 Panama Terrace

General

Sold For: $105,000
Taxes: $60
Status: Closed
Type: Lots/Land
Source: 2218
MLS ID: 10108060
Added to Site: 193 day(s) ago

Location

County: Durham
Subdivision: Not in a Subdivision
Driving Directions: Begin by taking Interstate 40 West toward Durham. After about 3 miles, take Exit 276 for Fayetteville Road (NC 54). Turn right onto Fayetteville Road and follow it for approximately 2 miles. Turn left onto Juliette Drive, and then make a right onto South Roxboro Street. Continue for about 1 mile along South Roxboro, then turn left onto Pearson Drive. Take the first left onto Panama Terrace, you'll find 611 Panama Terrace on the left.
City Limits: Yes

School Information

Elementary School: Durham - Southwest
Middle School: Durham - Githens
High School: Durham - Jordan

Utilities

Sewer: Public Sewer, None
Water: Public, None
Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available, Other

Lot Features

Lot Size (Acres): 0.34
Lot Size (Sq. Ft.): 14,810.4
Lot Dimensions: 75ft x 204.67ft x 75 ft x 204.75ft
Frontage: Unimproved
Street/Road Desc.: Dirt, Gravel
Zoning: VAC RES/ LOT-SM

Financial Considerations

Price Per Acre: $352,941.18
Tax Amount: $60

Disclosures and Reports

Special Conditions: Standard
Property ID: 729558908
Lot Number: 279-281

Listed by Keller Williams Elite Realty, Davida Hamilton Major (919) 536-2203
Sold by Non Member Office, Non Member

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Listing agent

— 601 & 611 Panama Terrace —

Davida Hamilton Major

Keller Williams Elite Realty

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Schools

Schools serving 601 & 611 Panama Terrace

School District:Durham Public Schools

Name	Grades	Distance
Southwest Elementary, Durham, NC 2320 Cook Road, Durham, NC 27713	K-5	0.8 mi
Lowe's Grove Middle 4418 South Alston Avenue, Durham, NC 27713	6-8	2.5 mi
Hillside High 3727 Fayetteville St, Durham, NC 27707	9-12	1.2 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 601 & 611 Panama Terrace

Date

Details

Price

Change

Source

10/31/2025

Sold

$105,000

-12.5%

MLS

8/11/2025

Price Reduced

$120,000

-7.69%

MLS

7/08/2025

Listed

$130,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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601 & 611 Panama Terrace, Durham, NC 27713 (MLS# 10108060) is a Lots/Land property that was sold at $105,000 on October 31, 2025. Want to learn more about 601 & 611 Panama Terrace? Do you have questions about finding other Lots/Land real estate for sale in Hope Valley Farms? You can browse all Hope Valley Farms real estate or contact a Coldwell Banker agent to request more information.

601 & 611 Panama Terrace Durham, NC 27713