507 Phar Lap Lane Bahama, NC $ 545,000
507 Phar Lap Lane
$ 545,000
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507 Phar Lap Lane

Bahama, NC, 27503
$ 545,000
Bedrooms4 Baths3.1 Sq 2,968

Monthly Estimate*

$ 3,764

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Single Family Home for sale in Bahama, NC

for $545,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,968 square foot home was built in 1987 on a lot size of 0.92.

Property is under contract but sellers will allow showings and back-up offers. Split-level beauty with almost 3,000 sq ft of finished space in Black Horse Run - the sought after community offering horse facilities, pool with clubhouse and tennis courts. Incredible views and thoughtful updates make this property a rare find. Step inside to beautiful oak floors and a recently renovated kitchen featuring a butcher block island, quartz countertops, farmhouse sink, and the modern finishes today's buyers love. The keeping room just off the kitchen invites you to gather around the stone fireplace while enjoying views of the private backyard and surrounding nature. Upstairs, the spacious primary suite offers a step-in shower and built-in vanity. Two additional bedrooms are located across the hall from a well-designed bath with a separate bathing area for added privacy and convenience. The finished basement provides exceptional flexibility with a bedroom or office, full bath, multiple storage closets, and a large bonus room. With its own walk-out access, this space could easily be adapted for multi-generational living or guest accommodations. Outside, you'll find a peaceful backyard framed by mature hardwoods and beautiful views. Flowering shrubs, fruit trees, and raised garden beds create a gardener's dream, while clear nights bring stunning star-filled skies. This is a home where thoughtful updates, natural beauty, and flexible living spaces come together perfectly. *Lot next door (1 acre) is owned by family of sellers and can be purchased together - MLS#10173948

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Single Family Pending

Price

$ 545,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Ranch

Lot Size

0.92

Year Built

1987

Town/City

Bahama

County/Region

Durham

MLS | Web ID

10173935

Features
General
Sewer Septic Tank
Heating Heat Pump
Cooling Central Air Electric
Roof Architectural Shingle
Appliances Built-In Electric Range Dishwasher Microwave Range Hood Stainless Steel Appliance(s)
HOA Fee 80.76
Garage Spaces 2
Association Fee Includes Maintenance Grounds
Patio/Porch Features Covered Deck Patio Rear Porch
Architectural Style Ranch
Construction Materials Stone Wood Siding
Year Built 1987
View Trees/Woods
Levels Multi/Split
Property Subtype Single Family Residence
Community Features Clubhouse Pool Tennis Court(s)
Assoc Fee Paid Per Annually
County Durham
New Construction false
Property Type Residential
Association Amenities Clubhouse Pool Trail(s)
HOA true
Attached Garage true
Subdivision Name Black Horse Run
Garage Y/N true
Other Structures Shed(s) Storage
Total Rooms 9
Full Baths 3
Status Active Under Contract
Directions GPS works for this address!
High School Durham - Northern High
City Bahama
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 40075.2
Elementary School Durham - Mangum Elementary
Tax Annual Amount 3205.87
Middle/Junior High School Durham - Lucas Middle School
Structure Type House
Standard Status Pending
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Kitchen Island Stone Counters
Basement Finished Walk-Out Access
Flooring Carpet Hardwood Tile Vinyl Wood
Fireplace Features Stone Wood Burning
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2129
Half Baths 1
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 839
Total Baths 4
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Exterior
Exterior Amenities Garden Storage
Parking Features Garage
Lot Features Garden Wooded
Water Source Well
Lot Size Area 0.92
Foundation Details Block
Building Area Total 2968
Lot Size Acres 0.92
Horse Y/N true
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* Excluded Features
List By
Jennifer Edwards

Listing Agent

Choice Residential Real Estate

Broker

yourtriangleexpert@gmail.com

Email

Affordability Calculator

$3,764
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$3,764
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Durham - Northern High High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$545,000 Listed Price

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507 Phar Lap Lane, Bahama, NC, 27503 is a Single Family Home for sale at $545,000 with 2,968 sqft and a lot size of 0.92. 507 Phar Lap Lane has 4 bedrooms, 3.1 baths, and was built in 1987. The property's zip code is 27503 which is in Bahama, NC