$525,000
PENDING NEW CONSTRUCTION $50K PRICE DROP

1035 Masters Place Way Unit 111 Durham, NC 27703

Eastern Durham Neighborhood

Estimated payment $3,661/month

Total Views 1,325
3 Beds
2.5 Baths
2,369 Sq Ft
$222 Price per Sq Ft

Highlights

  • Fitness Center
  • Senior Community
  • Clubhouse
  • New Construction
  • Open Floorplan
  • Traditional Architecture

About This Home

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.

Listing Agent

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 07/05/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 7,974 Sq Ft Lot
  • Landscaped

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Home is estimated to be completed on 8/29/25
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,369 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Sink Near Laundry

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Oakgrove Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0861-92-2707

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, internet, ground maintenance
  • Elite Management Association, Phone Number (919) 233-7660
  • Built by Stanley Martin Homes, LLC
  • Falls Village Subdivision, The Townsend Floorplan
  • Falls Village 55+ Community

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Builder Name: Stanley Martin Homes, LLC
  • Builder Model: The Townsend
  • Year Built: 2025
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Cable TV, Internet, Maintenance Grounds
  • Subdivision Name: Falls Village
  • Above Grade Finished Sq Ft: 2369.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Effective Year Built: 2025
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2025-08-29
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Senior Community YN: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 275.0
  • Roof:Shingle: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2369.0
  • General Property Information Carport YN: No
  • Room Types Primary Bathroom Level: Main
  • Laundry Features Sink: Yes
  • Property Condition New Construction: Yes
  • General Property Information Senior Community Name: Falls Village 55+
  • General Property Information Lot Size Square Feet2: 7974.0
  • General Property Information Lot Size Acres: 0.1831
  • General Property Information Stories2: 1
  • General Property Information Builder Name: Stanley Martin Homes, LLC
  • General Property Information Waterfront YN: No
  • General Property Information Builder Model: The Townsend
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2025

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Entrance Foyer, High Ceilings, Living/Dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Total Bedrooms: 8
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Cooktop: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Curbs: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Acres: 0.18
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Rear Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Lot Features:Near Golf Course: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Natural Gas
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Curbs, Fitness Center, Pool, Racquetball, Sidewalks, Street Lights, Tennis Court(s)
  • Senior Community: Yes
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Cable TV2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Game Room: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • Association Fee Includes:Internet: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Size Sq Ft: 7974.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0861-92-2707

Tax Info

  • Tax Annual Amount: 1.39
  • Tax Year: 2025

MLS Schools

  • Elementary School: Durham - Oakgrove

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
08/16/2025 08/16/25 Price Changed $525,000 -8.7% $222 / Sq Ft
07/05/2025 07/05/25 For Sale $575,000 -- $243 / Sq Ft
Source: Doorify MLS

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See All Homes in Durham

Source: Doorify MLS

MLS Number: 10107552

Doorify MLS
North Carolina Durham County Durham 27703 Eastern Durham

1035 Masters Place Way Unit 111, Durham, NC

This home is located at 1035 Masters Place Way Unit 111, Durham, NC 27703 and is currently priced at $525,000, approximately $221 per square foot. This property was built in 2025. 1035 Masters Place Way Unit 111 is a home located in Durham County with nearby schools including Glenn Elementary, John W Neal Middle School, and Southern School of Energy & Sustainability.

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Listing Agent
Jolene Johnson
Section Image
SM North Carolina Brokerage
(919) 343-5957