$550,000
NEW CONSTRUCTION

1155 Masters Place Way Unit 173 Durham, NC 27703

Eastern Durham Neighborhood

Estimated payment $3,259/month

Total Views 77
3 Beds
2 Baths
2,300 Sq Ft
$239 Price per Sq Ft

Highlights

  • Golf Course Community
  • New Construction
  • Open Floorplan
  • Fitness Center
  • Active Adult
  • Clubhouse

About This Home

Discover Your Perfect Retreat in Stanley Martin's New 55+ Community Welcome to The Summit — a thoughtfully designed home that blends style, comfort, and convenience for the way you want to live. This spacious plan features three bedrooms and two full baths, offering the perfect balance of private and shared spaces. Step inside to a bright, open layout where the inviting family room, modern kitchen, and dining area flow seamlessly together—ideal for hosting loved ones or simply enjoying everyday moments. The kitchen includes a generous pantry and abundant counter space, making meal prep and entertaining effortless. Unwind on your covered porch, the perfect spot to relax with a morning coffee or enjoy peaceful evenings, rain or shine. Your private primary suite, located just off the main living area, feels like a true retreat with its spa-inspired bath and expansive walk-in closet—a dream for any wardrobe enthusiast. An attached two-car garage provides extra storage and easy access, completing this low-maintenance, high-style home. Don't miss your chance to start your next chapter in comfort and elegance. Schedule your visit today and experience The Summit for yourself! Photo's shown are of similar home.

Listing Agent

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 11/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 8,053 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 12/5/25
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • 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
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Sink Near Laundry

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
  • Rain Gutters
  • Property is near a golf course

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0871-03-0478

Community Details

Overview

  • Active Adult
  • 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, Summit 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

$1,080

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: Summit
  • Year Built: 2025
  • Prop. Type: Residential
  • Reso Association Fee Includes: Cable TV, Internet, Maintenance Grounds
  • Subdivision Name: Falls Village
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Ranch, 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
  • Architectural Style Ranch: 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: 2025-12-05
  • 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 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
  • 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: 2300.0
  • General Property Information Carport YN: No
  • General Property Information Main Level Bedrooms: 3
  • Laundry Features Sink: Yes
  • 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: 1
  • Association Amenities Billiard Room: Yes
  • General Property Information Builder Name: Stanley Martin Homes, LLC
  • General Property Information Builder Model: Summit
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2025

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: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bedrooms: 3
  • 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: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
  • 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: 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
  • 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 #: 0871-03-0478

Tax Info

  • 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
2025 $1,080 $108,900 $108,900 $0
2024 $1,744 $125,000 $125,000 $0
2023 $1,637 $125,000 $125,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $550,000 -- $239 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10132335

Doorify MLS

APN: 232938

North Carolina Durham County Durham 27703 Eastern Durham

1155 Masters Place Way Unit 173, Durham, NC

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Nearby Homes
Listing Agent
Jolene Johnson
Section Image
SM North Carolina Brokerage
(984) 230-3809