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
7K5A3653 - 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
11
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 · public school directory data (NCES)

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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 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
Nearby-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 11 days -- 85 fewer days than Durham's current average of 96 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 11 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.