$795,000
OPEN SAT 1PM - 3PM NEW CONSTRUCTION $30K PRICE DROP

Estimated payment $4,559/month

Total Views 1,188
3 Beds
3.5 Baths
2,310 Sq Ft
$344 Price per Sq Ft

Highlights

  • New Construction
  • Contemporary Architecture
  • Home Office
  • Lakewood Montessori Middle School Rated A-
  • Wood Flooring
  • 3-minute walk to Orchard Park

About This Home

Maximize your buying power with newly reduced pricing. This residence is now offered at $55,000 below previous list! Move-in ready ''Parade of Homes'' award-winning Promenade floor plan, pre-shafted and wired for a full-size 4-stop elevator. Walk the scenic new footbridge to DPAC, Durham Bulls games, American Tobacco dining, or hop on the 22-mile American Tobacco Trail just minutes from your door. Only a 5-minute drive to Duke University and Duke Medical Center. This 3,690 SF interior townhome includes a private rooftop terrace with skyline views, covered front porch, oversized 2-car tandem garage with EV charging, 10-foot ceilings, chef's kitchen with oversized Silestone quartz island, gas cooktop, and abundant natural light from large Marvin windows. Dedicated office on the third floor. One of the final Promenades—make it yours today!

Listing Agent

Justin Florian

The Florian Companies License #307223 Listed on: 08/14/2025

Co-Listing Agent

Courtney Florian

The Florian Companies License #286193

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,176 Sq Ft Lot
  • Lot Dimensions are 18x65
  • Landscaped

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modernist Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Membrane Roofing
  • Rubber Roof
  • Masonite

Interior Spaces

  • 2,310 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Home Office
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Basement Garage

Schools

  • Spaulding Elementary School
  • Brogden Middle School
  • Jordan High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater

Community Details

  • Association fees include ground maintenance, road maintenance, storm water maintenance, trash
  • The Terraces At Morehad Hill HOA, Phone Number (919) 564-9134
  • Built by The Florian Companies
  • The Terraces At Morehead Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 227541

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,232

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Builder Name: The Florian Companies
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance, Storm Water Maintenance, Trash
  • Co List Office Phone: 919-307-5910
  • Subdivision Name: The Terraces at Morehead Hill
  • Above Grade Finished Sq Ft: 2310.0
  • Architectural Style: Contemporary, Modern
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 272.0
  • General Property Information Below Grade Unfinished Area: 776.0
  • General Property Information Total Unfinished Area2: 1048.0
  • General Property Information Lot Size Dimensions: 18x65
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-01-01
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Third
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-564-9134
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 175.0
  • General Property Information Above Grade Finished Area: 2310.0
  • General Property Information Carport YN: No
  • Foundation Details Stem Walls: Yes
  • General Property Information Lot Size Square Feet2: 1176.12
  • General Property Information Lot Size Acres: 0.027
  • RoofRubber: Yes
  • General Property Information Builder Name: The Florian Companies
  • Special Features: 3
  • Property Sub Type: Townhouses
  • Year Renovated: 2024

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Concrete
  • Appliances: Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Street Lights: Yes
  • Basement:Concrete: Yes

Exterior Features

  • Roof: Membrane, Rubber
  • Acres: 0.03
  • Construction Type: Brick, Fiber Cement, Masonite
  • Foundation Details: Slab, Stem Walls
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Basement, Garage
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Basement2: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Electric, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces at Morehad Hill HOA
  • Phone: 919-564-9134
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: The Terraces at Morehad Hill HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 175.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Brogden

Lot Info

  • Lot Dimensions: 18x65
  • Lot Size Sq Ft: 1176.12
  • ResoLotSizeUnits: Acres
  • Parcel #: 227541

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Durham - Spaulding

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 $2,232 $1,053,158 $350,000 $703,158
2024 $2,232 $356,700 $160,000 $196,700
2023 $54 $0 $0 $0
2022 $2,048 $160,000 $160,000 $0
2021 $2,038 $160,000 $160,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $795,000 -3.6% $344 / Sq Ft
08/14/2025 08/14/25 For Sale $825,000 -- $357 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10115735

Doorify MLS

APN: 227541