
507 Phar Lap LaneBahama, NC 27503
Listed by Choice Residential Real Estate**NEW PRICE** In Durham's most popular equestrian community, Black Horse Run! Don't miss this exceptionally updated home, known to the neighbors as the "house on the hill" - a 3989 square foot beauty, with 4BR/3.5BA (lives like a 5BR!) and multiple flex spaces, a welcoming kitchen, screen porch & spacious deck AND SO MUCH MORE. Details matter - like the screen porch swing bed, 2 wet bars and a doggy wash sink in the laundry room! You will feel at home immediately and will be captivated by all of the spacious possibilities. Attention Horse Lovers - This one-acre property is ready for you and your horse pal, with a paddock, run-in and storage bldg/tack room on site! For those that need even more space, the third floor walk-up attic is floored/wired and can easily be finished. 2018 Roof & 2015 Windows! Don't forget the very affordable HOA amenities including a pool, clubhouse & tennis courts! Come see 504 Appaloosa Trail - where there is room to breathe and to grow!
Property boundary from county GIS
Walk Score®, Bike Score® and Transit Score® provided by Walk Score.
Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 5, 2026 | Price Reduced | $775,000 → $765,000 | ▾ $10,000 (1.3%) |
| Aug 28, 2026 | Price Change | $790,000 | — |
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

Listed by Choice Residential Real Estate
Listed by Coldwell Banker Advantage
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