$635,000
NEW CONSTRUCTION

1163 Masters Place Way Unit 177 Durham, NC 27703

Eastern Durham Neighborhood

Estimated payment $3,706/month

3 Beds
3.5 Baths
2,615 Sq Ft
$243 Price per Sq Ft

Highlights

  • Golf Course Community
  • New Construction
  • Clubhouse
  • Fitness Center
  • Active Adult
  • Main Floor Bedroom

About This Home

Discover The Thorpe — 55+ Living Redefined by Stanley Martin Homes Welcome to The Thorpe, a stunning 3-bedroom, 3.5-bath home designed for comfort, elegance, and connection—perfectly set on a spacious green lot in Stanley Martin's premier 55+ community. Step inside to find a beautifully appointed guest suite with a full bath and a flexible study, ideal for a home office, craft room, or quiet retreat. At the heart of the home, the open-concept kitchen features a hidden pantry, an impressive 10-foot island, and generous gathering space that flows effortlessly into the family and dining areas. Enjoy the warmth of natural light in the sunroom, the perfect spot for morning coffee or afternoon relaxation. Step outside to your screened patio, where you can entertain or unwind year-round in comfort and style. Your luxurious primary suite offers a true escape, complete with dual vanities, a walk-in shower with a seat, and an expansive walk-in closet. Upstairs, an additional bedroom with its own ensuite bath provides a private haven for guests. A three-car garage adds even more convenience, offering space for storage, hobbies, or extra vehicles. This isn't just a home—it's a lifestyle designed for the way you want to live. Schedule your visit today and experience The Thorpe for yourself!

Listing Agent

Jolene Johnson

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Landscaped with Trees

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Home is estimated to be completed on 11/14/25
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,615 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor
  • Private Water Closet
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0861-93-8517

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

3

Listing Details

  • Builder Name: Stanley Martin Homes, LLC
  • Building Name: Stanley Martin Homes
  • Builder Model: Thorpe
  • Year Built: 2025
  • Prop. Type: Residential
  • Reso Association Fee Includes: Cable TV, Maintenance Grounds
  • Subdivision Name: Falls Village
  • Above Grade Finished Sq Ft: 2615.0
  • Architectural Style: Ranch
  • 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: No
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: 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: 2025-11-14
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features Shower Only: 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
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 2615.0
  • General Property Information Carport YN: No
  • General Property Information Main Level Bedrooms: 3
  • Room Types Primary Bathroom Level: Main
  • General Property Information Senior Community Name: Falls Village 55+
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Building Name: Stanley Martin Homes
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Stories2: 1
  • General Property Information Builder Name: Stanley Martin Homes, LLC
  • General Property Information Builder Model: Thorpe
  • 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, High Speed Internet, Pantry, Primary Downstairs, Shower Only, Smooth Ceilings, Walk-In Closet(s), Water Closet
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: 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
  • Community Features:Street Lights: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.25
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 5.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Fireplace(s), Forced Air
  • Cooling: Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Pool, 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 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:Landscaping: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • 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: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0861-93-8517

Tax Info

  • Tax Year: 2025
  • Tax Map Number: 177

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 $1,097 $110,700 $110,700 $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 $635,000 -- $243 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10132336

Doorify MLS

APN: 232942