$580,000
NEW CONSTRUCTION

1037 Masters Place Way Unit 112 Durham, NC 27703

Eastern Durham Neighborhood

Estimated payment $3,639/month

3 Beds
3.5 Baths
2,214 Sq Ft
$262 Price per Sq Ft

Highlights

  • Golf Course Community
  • New Construction
  • Open Floorplan
  • Fitness Center
  • Senior Community
  • Clubhouse

About This Home

Welcome to your dream home in this vibrant new 55+ community! This beautifully designed Fontana plan offers the perfect blend of comfort and elegance, featuring three bedrooms and three-and-a-half bathrooms. As you step inside, you're welcomed by a spacious guest bedroom and a versatile study with double glass doors—ideal for a home office or reading nook. The open-concept kitchen shines with a generous pantry and flows seamlessly into the dining area, making it easy to host family and friends. The large family room is perfect for cozy evenings or lively gatherings, and just beyond, a sunroom and covered patio invite you to relax and enjoy the peaceful outdoors. Tucked away off the family room is your serene primary suite, complete with a luxurious ensuite bathroom and an oversized walk-in closet—a true dream for any fashion lover. Upstairs, you'll find a fully finished loft offering even more living space, along with its own full bathroom and a large closet—perfect for guests, hobbies, or additional relaxation. To top it all off, this home includes an attached two-car garage, giving you plenty of storage and convenience. Don't miss your chance to settle into this stunning, low-maintenance lifestyle—welcome home!

Listing Agent

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 06/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 8,053 Sq Ft Lot
  • Landscaped
  • Corner Lot

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 7/31/25
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,214 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Screened Porch
  • Fire and Smoke Detector
  • Laundry on main level
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Walk-in Shower

Outdoor Features

  • Patio
  • Rain Gutters

Schools

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

Utilities

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

Additional Features

  • Accessible Washer and Dryer
  • Property is near a golf course

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0861-92-2768

Community Details

Overview

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

Amenities

  • Clubhouse
  • Billiard Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,744

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: Fontana
  • Year Built: 2025
  • Prop. Type: Residential
  • Reso Association Fee Includes: Cable TV, Internet, Maintenance Grounds
  • Subdivision Name: Falls Village
  • Above Grade Finished Sq Ft: 2214.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Effective Year Built: 2024
  • 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
  • Architectural Style Ranch: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: 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: 2025-07-31
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Loft: 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
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2214.0
  • General Property Information Carport YN: No
  • General Property Information Senior Community Name: Falls Village 55+
  • General Property Information Lot Size Square Feet2: 8053.0
  • General Property Information Lot Size Acres: 0.1849
  • General Property Information Stories2: 2
  • Association Amenities Billiard Room: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Acres: 0.18
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Corner Lot: 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: Fireplace(s), Natural Gas
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

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

Association/Amenities

  • General Property Information:Association Name: Elite Management Professionals, Inc
  • 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:Golf Course: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Fitness Center: 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: 8053.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0861-92-2768

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,744 $125,000 $125,000 $0
2023 $1,637 $125,000 $125,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $580,000 -- $262 / Sq Ft
Source: Doorify MLS

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See All Homes in Durham

Source: Doorify MLS

MLS Number: 10106551

Doorify MLS

APN: 232876

North Carolina Durham County Durham 27703 Eastern Durham

1037 Masters Place Way Unit 112, Durham, NC

This home is located at 1037 Masters Place Way Unit 112, Durham, NC 27703 and is currently priced at $580,000, approximately $261 per square foot. This property was built in 2025. 1037 Masters Place Way Unit 112 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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Nearby Homes
Listing Agent
Jolene Johnson
Section Image
SM North Carolina Brokerage
(919) 877-6603