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$580,000
4 Days On Site

507 Phar Lap Lane
Bahama, NC 27503

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
2,968
SqFt
$195
/SqFt
1987
Built
Subdivision:
Black Horse Run
County:
Durham

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507 Phar Lap Lane507 Phar Lap Lane507 Phar Lap Lane507 Phar Lap Lane
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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

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Listing Snapshot
Price 
$580,000
Days On Site 
4 Days
Bedrooms 
4
Inside Area (SqFt) 
2,968 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.92 Acres
Year Built 
1987
MLS® Number 
10173935
Status 
Active
Property Tax 
$3,205.87
HOA/Condo/Coop Fees 
$80.67 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
8 hours agoPrice changed to $580,000
5 days agoListing first seen on site
General Features
Acres 
0.92
Attached Garage 
Yes
Foundation 
Block
Garage 
Yes
Garage Spaces 
2
Levels 
Multi/Split
Parking 
GarageAttached
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
2129
SqFt Below 
839
SqFt Total 
2968
Style 
Ranch
Water Source 
PrivateWell
Interior Features
Appliances 
Built-In Electric RangeDishwasherMicrowaveRange HoodStainless Steel Appliance(s)
Basement 
FinishedWalk-Out Access
Cooling 
Central AirElectric
Fireplace 
Yes
Fireplace Features 
StoneWood Burning
Flooring 
CarpetHardwoodTileVinylWood
Heating 
Heat Pump
Interior 
Breakfast BarCeiling Fan(s)Kitchen IslandStone Counters
Laundry Features 
Main Level
Bedroom 2 
Dimensions - 11.6 x 11.5Level - Second
Bedroom 3 
Dimensions - 11.6 x 9.11Level - Second
Bedroom 4 
Dimensions - 11.11 x 11.9Level - Basement
Dining Room 
Dimensions - 13.1 x 12.5Level - Main
Family Room 
Dimensions - 18.0 x 11.5Level - Main
Kitchen 
Dimensions - 20.0 x 12.8Level - Main
Living Room 
Dimensions - 20.11 x 13.1Level - Main
Master Bedroom 
Dimensions - 16.6 x 12.9Level - Second
Recreation Room 
Dimensions - 22.8 x 16.1Level - Basement
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Exterior Features
Construction Details 
StoneWood Siding
Exterior 
GardenStorage
Lot Features 
GardenWooded
Other Structures 
Shed(s)Storage
Patio And Porch 
CoveredDeckPatioRear Porch
Roof 
Shingle
View 
Trees/Woods
Waterview 
Trees/Woods
Community Features
Association Dues 
968
Community Features 
ClubhousePoolTennis Court(s)
Financing Terms Available 
CashConventionalFHAVA Loan
HOA Fee Frequency 
Annually
Horse Allowed 
Yes
Horse Property 
ArenaBarnBoarding FacilitiesPaddocksPastureRiding Trail
School District 
https://maps.durhamnc.gov/address/?page=schools&ad
Schools
School District
https://maps.durhamnc.gov/address/?page=schools&ad
Elementary School
Durham - Mangum Elementary
Middle School
Durham - Lucas Middle School
High School
Durham - Northern High
Listing courtesy of Jennifer Edwards of Choice Residential Real Estate



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-06-18 09:38 AM UTC

Neighborhood & Commute
Source: Walkscore
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