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DX3A2846 - edited - 703 Timber Terrace Drive, Durham
32 photos

$374,990

Bedrooms
4
Bathrooms
3
Living area
N/A
Year built
2026
703 Timber Terrace Drive
Durham, NC 27704
Listed by Pulte Home Company LLC

Highlights

Property type
Single Family Residence
Lot size
0.11 acres
Garage
2 spaces
On market
1 day
  • New construction

About this home

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.

Property details

MLS
Doorify MLS
MLS #
10202592
Property type
Single Family Residence
Subdivision
Carpenter Falls
Status
Active
Days on market
1
On market date
November 9, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
2
Lot size
0.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Holt Elementary
5.4 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
645
Student:teacher ratio
11.1:1
District
Durham Public Schools
Middle
Neal Middle
4.01 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
820
Student:teacher ratio
13.2:1
District
Durham Public Schools
High
City of Medicine Academy
4.91 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
352
Student:teacher ratio
14.1:1
District
Durham Public Schools

Walkability

Blended score for Durham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
4.8 / 20 -- Least walkable
Google Places amenity density
15 / 100
Restaurants & cafes2
Grocery stores0
Parks0
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Durham, from live MLS data.

On the market 1 days -- 81 fewer days than Durham's current average of 82 days.
For reference, the median list price across 1,757 active listings in Durham right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$2,408/mo
$74,998 down
$299,992 loan
Principal & interest$1,946
Property tax (est.)$312
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS. Last updated 15 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.