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Chic - 4004 Phelps Lake Drive, Durham, NC 27703, Durham
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Avalon Place Sitemap NoBranding - 4004 Phelps Lake Drive, Durham, NC 27703, Durham
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35 photos

$300,600

4004 Phelps Lake Drive, Durham, NC 27703
Durham, NC 27703
Listed by La Sonda Stasinopoulos · Meritage Homes of the Carolina
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
2026

About this home

Just 15 minutes from Downtown Durham, Avalon Place offers a slice of nature in the heart of the Triangle. Ready Nov 2026, there's ample space to entertain in the open-concept living space of this Amber plan. Enjoy weeknight cooking in the chef-inspired kitchen, loaded with stainless-steel appliances, premium quartz counters and an oversized kitchen island. Upstairs, a dedicated laundry room sits just off the loft, enabling easy access for all three bedrooms. The primary suite features luxurious finishes throughout, like a tiled walk-in shower and massive walk-in closet to make busy mornings a breeze. Linen cabinets, marble-look white quartz countertops, light brown EVP flooring with beige carpet in our Chic package. Conveniently located in East Durham, Avalon Place offers easy access to both I-885 and US-70, enabling quick connections to RTP, RDU, and the rest of the Triangle. Residents will enjoy a host of planned amenities, including a pool, clubhouse, pickleball courts and more. And with Downtown Durham just 15 minutes away, there's loads more to explore just minutes from home!

Highlights

New construction

Property details

MLS #
10189259
Property type
Townhouse
Subdivision
Avalon Place
Status
Active
Days on market
28
On market date
September 11, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
1
Parking spaces
2
Lot size
0.04 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
5.73 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
3.09 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
5.11 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 28 days -- 82 fewer days than Durham's current average of 110 days.
For reference, the median list price across 1,678 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
$1,960/mo
$60,120 down
$240,480 loan
Principal & interest$1,560
Property tax (est.)$251
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 24 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.