Opportunity is knocking in the Penrith neighborhood of South Durham. This spacious 4-bedroom, 2.5-bath home sits on a generous 0.33-acre corner lot and offers ample living space -- including a formal living room, separate dining room, family room, first-floor bedroom with half bath, and three additional bedrooms upstairs. Convenient to I-40, RTP, Southpoint Mall, and Downtown Durham with no HOA. Property is being sold as-is. With the right updates, this home has strong upside potential in a neighborhood where demand remains steady. Come see it for yourself.
Single-familyProperty Type
1987Year Built
0.37 acresLot Size
$155Price/Sq.Ft.
Listed by Tiffany McLaurin• The McLaurin Realty Group
South Durham, located between Downtown Durham and Research Triangle Park, is a suburban and commercial Durham neighborhood with wooded greenways and shopping corridors. The neighborhood’s character concentrates around the Fayetteville Rd and NC-54 crossroads, where patios, coffee counters, and local storefronts line the parking-lot promenades. Beer Study Durham, Guglhupf Bakery, Cafe & Biergarten, and The Streets at Southpoint act as familiar gathering places for a meal, a pint, or an afternoon errand run. Housing ranges from mid-century ranches to newer townhome clusters, often set back behind tall pines. The American Tobacco Trail and nearby creekside paths shape a walk-and-ride routine. Major arterials frame the area, giving it a spread-out, drive-oriented rhythm with pockets of trail-connected calm.
Provided by Walk Score and Local Logic
Market insights
403 Timbermill Ln · $330,000
DAYS ON MARKET
26 days
The average home goes pending in 40 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
LIST PRICE
$330,000
Median sale price in this area is $463,480. (40% higher than this home)
PRICE DROP
1 price drop
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Bathtub-only and separate shower
Breakfast bar
Ceiling fans
Entrance foyer
Pantry
Bedrooms
4 bedrooms total, including 1 bedroom on the main level
Bathrooms
2 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Electric oven
Range hood
Refrigerator
Laundry & utility
Electric water heater
Flooring
Carpet
Hardwood
Heating & cooling
No heating system specified
Central air conditioning
Exterior features
Deck
Porch
Public-maintained paved road access
Not waterfront
Home design
Site-built home
Two levels
Parking
Driveway
Construction
Vinyl siding
Shingle roof
Walk-in crawl space basement
Built from plans (above-grade finished area per plans)
Utilities
Public water
Public sewer
Electrical service (implied by electric appliances)
HOA & community
No homeowners association
Not a senior community
Other
Lot approximately 0.37 acres (zoned R-10)
Electricity and solar
View estimated energy costs and solar savings for this home
The RS Districts are established to provide for orderly suburban residential development and redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the suburban neighborhood. Multifamily development is permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Durham, NC • 27713
Average low and high temperatures (°F)
49
29
55
35
70
45
78
54
80
59
90
69
91
74
82
67
81
64
72
51
66
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 17% for direct sun exposure in Durham. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 403 Timbermill Ln
$319,804
$10K under list price of $330K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $375K to $510K.