9 days on rocket

1645 Colvard Farms Rd, Durham, NC, 27713

$7,500,000

5 Bedrooms
5 Full Baths, 3 Partial
8,639 SqFt
$868/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Electric Vehicle Charging Station(s), Garage, Heated Garage, Inside Entrance, Lighted, Oversized, Workshop in Garage
Attached Garage17 spaces
Year Built2002
HeatingHeat Pump, Propane
CoolingCentral Air, Multi Unit(s), Ceiling Fan(s)
BasementYes
FireplaceFamily Room, Great Room, Library, Living Room, Recreation Room
ViewLake, Pool, Water
Private PoolYes
MLS #10062565
Lot Size20.75 Acres
StatusActive

About 1645 Colvard Farms Rd

Welcome to 1645 Colvard Farms Rd, Durham, NC - This exquisite property is the crown jewel of Colvard Farms, featuring the most impressive lot in the neighborhood. Spanning just over 20 acres, this private estate boasts a serene setting on a 10 acre private stocked lake with a paved trail, making it a true sanctuary. Prime Location: One of two homes that back up to a private lake and 20 acres, offering miles of endless trails and hiking. Spacious Living: This 8,700 sq. ft. home includes 5 bedrooms and 8 bathrooms (5 full, 3 half), with a recently updated kitchen and lower level. Luxury Amenities: Enjoy a wine cellar, 3 dishwashers, 2 Scotsman Ice-Makers, 1 Sub Zero built in refrigerator and refrigerator drawers, theater room, steam shower, sauna, large pool with waterfall, eight person spa and workout room. Outdoor Paradise: Breathtaking views overlooking the pool and lake, perfect for enjoying coffee or a glass of wine at sunset. The backyard features immaculate landscaping with large blue stone patios, flower gardens, a greenhouse, and lush grass ideal for summer parties or family weddings. Private Trail: ½ mile-long paved trail around your private lake is perfect for morning walks with your dogs, friends and family. Modern Utilities: Equipped with a generator, solar panels, tankless water heater, automated lighting, and a whole-house music system. Additional Features: An attached three car garage, and two large garages with HVAC, offer 17 bays for vehicles. One garage has 2 bays outfitted as a shop with a 2 post lift, compressed air, 220V power, shop sink and half bath. Plus the other garage can be converted to a guest house or studio. Over 4,600 sq. ft. of unfinished storage space that can be converted into additional living space. Community Amenities: Colvard Farms offers a plethora of amenities, including paved walking trails, an updated clubhouse, community pool and newly finished tennis and pickleball courts. Come visit 1645 Colvard Farms Rd to experience the stunning landscaping and spectacular views that make this home a truly unique and luxurious retreat.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Transitional
  • Year Built: 2002
  • Living Area: 8,639 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (919) 383-4663
  • Listing Agent: John Glenn Riester

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Gas Oven, Gas Range, Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Tankless Water Heater, Washer, Water Purifier, Wine Cooler
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Tile
  • Interior: Bar, Bathtub Only, Bathtub/Shower Combination, Beamed Ceilings, Bookcases, Built-in Features, Butler's Pantry, Ceiling Fan(s), Chandelier, Coffered Ceiling(s), Crown Molding, Double Vanity, Dressing Room, Dual Closets, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Sauna, Separate Shower, Soaking Tub, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Fireplace: Family Room, Great Room, Library, Living Room, Recreation Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Lake, Pool, Water
  • Exterior: Back Fence, Fence, Metal Fence, Screened Porch, Balcony, Courtyard, Boat Dock, Fire Pit, Garden, Lighting, Private Yard

Parking Information:

  • Garage Space: 17 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Electric Vehicle Charging Station(s), Garage, Heated Garage, Inside Entrance, Lighted, Oversized, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Garden, Landscaped, Views, Waterfront
  • Lot Size: 20.75 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Propane
  • Cooling: Central Air, Multi Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: I-40W to Exit 274 for NC-751 toward Jordan Lake. Right onto Colvard Farms Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,500,000
  • Price Per SqFt: $868/SqFt

HOA Fees:

  • Amount: $770
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $22,151
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Durham, NC.

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Durham, NC

City

Med. Sold Price

$424.7K

Med. Price/SqFt

$233

Avg. Days On Market

35

# of Sold Homes

236

1645 Colvard Farms Rd vs Durham

9 DAYS ON ROCKET

-26 Days

$7,500,000

+$7.0M More

$868/SqFt

+$634 More

KEY TAKEAWAY

This property is $7.0M more than the Median Sold Price and $634/SqFt more than other homes in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10062565

Listing Office:

  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (919) 383-4663
  • Listing Agent: John Glenn Riester

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$22,151$2,823,792
2019$20,481$2,823,792
2018$20,482$2,823,792
2017$21,038$2,823,792

History based on county public records data.

Payment Calculator

$37.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-525801
8
/10

  • Hortons Creek Elementary School

  • 7615 Okelley Chapel Rd

  • 3.52 miles

  • Public District Grades PK-5

school-card-donut-525802
7
/10

  • Alston Ridge Elementary School

  • 11555 Green Level Church Rd

  • 3.78 miles

  • Public District Grades PK-5

school-card-donut-525803
4
/10

  • Parkwood Elementary School

  • 5207 Revere Rd

  • 4.12 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,985. Residents of Durham, NC typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1645 Colvard Farms Rd

What is the listing price of this property?

The listing price of 1645 Colvard Farms Rd property is $7,500,000.

What type of property is this?

The property 1645 Colvard Farms Rd is a house located in Durham, North Carolina, 27713.

Is this property for sale now?

Active Listing: 1645 Colvard Farms Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $22,151 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1645 Colvard Farms Rd has 5 bedrooms and 5 full and 3 half bathrooms.

What is the square footage of this property?

The property 1645 Colvard Farms Rd is 8,639 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1645 Colvard Farms Rd is 2002.
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Rocket Homes›North Carolina›Durham County›Durham›27713›1645 Colvard Farms Rd

This home is located at 1645 Colvard Farms Rd in Durham, NC and zip code 27713 in the Colvard Farms neighborhood. This 8,639 square foot home, which was built in 2002, sits on a 20.75 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $7,500,000.

Durham, NC housing market in October 2024 saw over 50 listings sold above listed price, more than 61 sold at listed price and over 125 sold below. In October 2024 in Durham, NC there were 2.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 35 days, the median list price was $424,728.

From Rocket Homes Real Estate and based on county public records data.

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