About 507 Phar Lap Lane
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
Features of 507 Phar Lap Lane
| MLS® # | 10173935 |
|---|---|
| Price | $545,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 2,968 |
| Acres | 0.92 |
| Year Built | 1987 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Pending |
Community Information
| Address | 507 Phar Lap Lane |
|---|---|
| Subdivision | Black Horse Run |
| City | Bahama |
| County | Durham |
| State | NC |
| Zip Code | 27503 |
Amenities
| Amenities | Clubhouse, Pool, Trail(s) |
|---|---|
| Parking | Garage |
| # of Garages | 2 |
| View | Trees/Woods |
| Has Pool | No |
Interior
| Interior Features | Breakfast Bar, Ceiling Fan(s), Kitchen Island, Stone Counters |
|---|---|
| Appliances | Built-In Electric Range, Dishwasher, Microwave, Range Hood, Stainless Steel Appliance(s) |
| Heating | Heat Pump |
| Cooling | Central Air, Electric |
| Fireplace | Yes |
| Fireplaces | Stone, Wood Burning |
| Stories | Multi/Split |
| Has Basement | Yes |
| Basement | Finished, Walk-Out Access |
Exterior
| Exterior Features | Garden, Storage |
|---|---|
| Lot Description | Garden, Wooded |
| Roof | Architectural Shingle |
| Construction | Stone, Wood Siding |
| Foundation | Block |
School Information
| Elementary | Durham - Mangum Elementary |
|---|---|
| Middle | Durham - Lucas Middle School |
| High | Durham - Northern High |
Additional Information
| Date Listed | June 13th, 2026 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 968 |
| HOA Fees Freq. | Annually |
Listing Details
| Office | Choice Residential Real Estate |
|---|
