Raven TD104 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
CPF Design Selections Lot #94 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
7K5A3642 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
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CF - Raven gathering and kitchen - 702 Timber Terrace Drive, Durham, NC 27704, Durham
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DJI_0172 - Edited - 702 Timber Terrace Drive, Durham, NC 27704, Durham
DJI_0177 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
DJI_0187 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
DJI_0192 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
DX3A2816 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
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DX3A2841 - 702 Timber Terrace Drive, Durham, NC 27704, Durham
DX3A2846 - Edited - 702 Timber Terrace Drive, Durham, NC 27704, Durham
33 photos

$406,940

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

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.

Highlights

New construction

Property details

MLS #
10192503
Property type
Single Family Residence
Subdivision
Carpenter Falls
Status
Active
Days on market
17
On market date
September 13, 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Holt Elementary
5.42 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
3.98 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
4.93 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 17 days -- 85 fewer days than Durham's current average of 102 days.
For reference, the median list price across 1,672 active listings in Durham right now is $375,000.

Mortgage calculator

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

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Est. monthly payment
$2,601/mo
$81,388 down
$325,552 loan
Principal & interest$2,112
Property tax (est.)$339
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 18 days 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.