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Pending
$545,000 Est. $3,762/mo — Get pre-qualified
4beds 3.5baths 2,968sq ft 0.92acres

507 Phar Lap Lane · Bahama, NC 27503

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Property is under contract but sellers will allow showings and back-up offers. 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

Features & Amenities

Living Area2,968 Sq.Ft.
Bedrooms4
Baths3.5
HeatingHeat Pump
CoolingCentral Air, Electric
FlooringCarpet, Hardwood, Tile, Vinyl, Wood
FireplaceStone,Wood Burning
AppliancesBuilt-In Electric Range, Dishwasher, Microwave, Range Hood, Stainless Steel Appliance(s)
Interior FeaturesBreakfast Bar, Ceiling Fan(s), Kitchen Island, Stone Counters
LaundryMain Level
Exterior FeaturesGarden, Storage
StyleRanch
Year Built1987
ConstructionStone, Wood Siding
RoofArchitectural Shingle
FoundationBlock
ParkingGarage
StatusPending
Lot Size0.92 Acres
Lot FeaturesGarden, Wooded
SubdivisionBlack Horse Run
CountyDurham
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedSep 12, 2026
SewerSeptic Tank
Water SourceWell
HOAYes — $81 / year
Community FeaturesClubhouse, Pool, Tennis Court(s)
ElementaryDurham - Mangum Elementary Elementary School
MiddleDurham - Lucas Middle School Middle School
HighDurham - Northern High High School
Presented By: Choice Residential Real Estate; brian@choiceresidential.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

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.

Pricing History

DateEventPriceChange
Sep 12, 2026 Price Reduced $550,000 → $545,000 ▾ $5,000 (0.9%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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