702 Timber Terrace Drive Durham, NC $ 374,990
702 Timber Terrace Drive
$ 374,990
New Construction
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702 Timber Terrace Drive

Durham, NC, 27704
$ 374,990
Bedrooms4 Baths3.0 Sq 1,996

Monthly Estimate*

$ 2,590

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Single Family Home for sale in Durham, NC

for $374,990 with 4 bedrooms and 3 full baths. This 1,996 square foot home was built in 2026 on a lot size of 0.11.

Tucked away yet close to it all, Carpenter Falls offers the perfect balance of privacy and convenience. Set in a beautiful, wooded setting near I-40, I-540, RDU Airport, and just 15 miles from RTP, this community puts everything within reach. The Raven single-family home features designer-curated upgrades, an open-concept layout ideal for entertaining, and an extended grilling patio--plus affordable monthly payments and a trusted warranty. Enjoy resort-style amenities including a pool and cabana, fitness center, dog park, and playground designed for a connected, vibrant lifestyle. HOA includes cable and internet. Carpenter Falls is the perfect place to call home.

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Single Family Pending

Price

$ 374,990

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.11

Year Built

2026

Town/City

Durham

County/Region

Durham

MLS | Web ID

10192503

Features
General
Sewer Public Sewer
Heating Central Electric Exhaust Fan
Cooling Central Air Dual Electric Exhaust Fan Heat Pump
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected Water Available Water Connected Septic Not Available
Roof Shingle
Appliances Disposal Dishwasher Free-Standing Gas Oven Free-Standing Gas Range Free-Standing Refrigerator Gas Range Instant Hot Water Refrigerator Self Cleaning Oven Stainless Steel Appliance(s) Tankless Water Heater Vented Exhaust Fan
HOA Fee 165
Garage Spaces 2
Association Fee Includes Cable TV Internet Maintenance Grounds Road Maintenance Storm Water Maintenance
Patio/Porch Features Patio
Architectural Style Traditional
Construction Materials Batts Insulation Blown-In Insulation Concrete Vinyl Siding
Year Built 2026
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Curbs Playground Pool Street Lights Sidewalks
Accessibility No
HOA Fee 2 500
Assoc Fee Paid Per One Time
County Durham
New Construction true
Property Type Residential
Association Amenities Cabana Cable TV Dog Park Maintenance Grounds Playground Pool
HOA true
Attached Garage true
Subdivision Name Carpenter Falls
Garage Y/N true
Total Rooms 7
Full Baths 3
Status Pending
Directions From I-40: Take exit 279B for NC-147 N toward Durham/Downtown. Merge onto I-885. Take exit 12 for Cheek Rd. Turn right onto Cheek Rd and continue for 3 miles. Turn left onto Carpenter Rd and continue for .2 miles. Community will be on your right.
High School Durham - Southern School of Energy and Sustainability
City Durham
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 4791.6
Elementary School Durham - Glenn Elementary
Tax Annual Amount 0.99
Middle/Junior High School Durham - Neal Middle
Structure Type House Site Built
Builder Name Centex Homes
Standard Status Pending
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Interior
Interior Amenities Chandelier Entrance Foyer High Speed Internet Kitchen Island Open Floorplan Pantry Smart Thermostat Storage Walk-in Closet(s) Kitchen/Dining Room Combination Walk-in Shower Quartz Counters Smooth Ceilings Master Downstairs Eat-in Kitchen
Flooring Carpet Luxury Vinyl Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows Insulated Windows Screens Window Coverings
Above Grade Finished Area 1996
Half Baths 0
Laundry Features Electric Dryer Hookup Laundry Room Upper Level Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Lighting Playground Rain Gutters Smart Camera(s)/Recording
Parking Features Additional Parking Driveway Garage Faces Front Garage Garage Door Opener
Lot Features Back Yard Close to Clubhouse Cul-De-Sac Front Yard Gentle Sloping Interior Lot Landscaped Many Trees
Water Source Public
Lot Size Area 0.11
Foundation Details Raised Slab
Spa false
Building Area Total 1996
Lot Size Acres 0.11
Road Surface Type Asphalt Paved
Door Features Sliding Doors
Road Frontage Type City Street
Horse Y/N false
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* Excluded Features
List By
Alex Lilly

Listing Agent

Pulte Home Company Llc

Broker

alex.lilly@pulte.com

Email

Affordability Calculator

$2,590
Per Month
100%
0%
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Monthly Principal & Interest
$2,590
Monthly Property Taxes
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Monthly Home Insurance
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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 - Southern School of Energy and Sustainability High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$374,990 -7.85% Price Down
9/13/2026$406,940 Listed Price

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702 Timber Terrace Drive, Durham, NC, 27704 is a Single Family Home for sale at $374,990 with 1,996 sqft and a lot size of 0.11. 702 Timber Terrace Drive has 4 bedrooms, 3.0 baths, and was built in 2026. The property's zip code is 27704 which is in Durham, NC