1-0 BUYDOWN OR 1% OF LOAN AMOUNT TOWARD CLOSING COSTS (UP TO $5K) WITH USE OF PREFERRED LENDER! Discover the perfect combination of modern updates, effortless one-level living, and an exceptional South Durham location at 5701 Lake Elton Road in the established Penrith community! Situated on a private, fenced 0.28-acre homesite, this beautifully refreshed 3-bedroom, 2-bath home offers approximately 1,466 square feet and a bright, inviting floor plan designed for both entertaining and comfortable everyday living. Step inside to a fresh, move-in-ready interior featuring new carpet, new paint, luxury vinyl plank flooring, smooth ceilings, vaulted ceilings, and a cozy fireplace that creates the perfect focal point for relaxing evenings at home. The beautifully appointed kitchen features granite countertops, crisp white cabinetry, and an adjoining breakfast area, providing an easy flow for everyday meals and gatherings with family and friends. The private primary suite offers a walk-in closet, while two additional bedrooms provide plenty of flexibility for family, overnight guests, or a dedicated home office. Additional highlights include main-level laundry, natural gas heating, a tankless water heater, mature hardwood trees, and NO HOA! Step outside to the impressive 15' x 22' rear deck overlooking the fenced backyard, creating your own outdoor oasis for grilling, entertaining, gardening, pets, or simply enjoying peaceful evenings at home. Best of all, the location is hard to beat—just minutes from I-40, The Streets at Southpoint, Research Triangle Park, RDU International Airport, shopping, dining, and everything Durham and the Triangle have to offer. With fresh updates, one-level living, fantastic outdoor space, no HOA, and an unbeatable location, this move-in-ready home delivers the lifestyle today's buyers are searching for—an opportunity you won't want to miss!
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
5701 Lake Elton Rd · $415,000
DAYS ON MARKET
1 days
The average home goes pending in 40 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
LIST PRICE
$415,000
Median sale price in this area is $463,480. (12% higher than this home)
PRICE DROP
0 price drops
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
Ceiling fan(s)
Entrance foyer
Granite counters
High ceilings
Has basement (crawl space)
Bedrooms
3 bedrooms (all on the main level)
Bathrooms
2 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Electric range
Free‑standing range
Refrigerator
Granite counters
Laundry & utility
Laundry closet on the main level
Gas water heater
Tankless water heater
Flooring
Carpet
Luxury vinyl
Heating & cooling
Forced air heating (natural gas)
Electric cooling
Exterior features
Deck
Front porch
Fenced backyard
Back yard fencing
Home design
One level
House
R-10 zoning
Parking
Open parking
2 open parking spaces
Asphalt parking
Construction
Block foundation
Block and wood siding construction
Shingle roof
Utilities
Public water
Public sewer
HOA & community
No association
Financial info
Annual property tax available
Other
Lot size 0.28 acres
Publicly maintained road access
Latitude 35.920303, Longitude -78.897524
Postal code 27713
Electricity and solar
View estimated energy costs and solar savings for this home
Beautiful Modern home located on a large fenced . 28 acre lot. 1484 SF – 3BR & 2 Bath. The kitchen features granite countertops & white painted cabinets. Fresh paint throughout, popcorn ceilings new smooth, new luxury vinyl plank flooring in the dining room, kitchen, breakfast area, foyer & living room. New Carpet in bedrooms. Updated natural gas HVAC & tankless water heater. 15.3’ x 22’ rear deck overlooks a private fenced yard.
Public Records
Aug 1, 2007
Sold
$164,000
$112/sq ft
TMLS #930814
Aug 31, 2007
Sold
$163,900
$112/sq ft
May 11, 2007
Listing Removed
—
May 9, 2007
Listed
$163,900
$112/sq ft
Great curb appeal! Huge volume ceiling in living room right off kitchen. Large deck and fenced in yard. Pergo floors in all spaces except carpet in bedrooms. This home just 'lives nice. ' Quiet neighborhood close to the lake and easy comute to RTP, RDU, Southpointe Mall and Duke University.
Public Records
Dec 2, 2004
Sold
$144,000
$98/sq ft
TMLS #763578
Dec 2, 2004
Sold
$143,620
$98/sq ft
Oct 25, 2004
Listing Removed
—
Sep 8, 2004
Listed
$146,600
$100/sq ft
Public Records
Oct 15, 1999
Sold
$130,000
$89/sq ft
Public Records
May 31, 1994
Sold
$98,000
$67/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,490 (+29.0%)
$96,384 + $255,715
$352,099
2024
$2,705 (+6.5%)
$96,384 + $255,715
$352,099
2023
$2,540 (+2.3%)
$48,075 + $145,868
$193,943
2022
$2,482 (+0.5%)
$48,075 + $145,868
$193,943
2021
$2,471 (+2.4%)
$48,075 + $145,868
$193,943
2020
$2,412
$48,075 + $145,868
$193,943
2019
$2,412 (+15.4%)
$48,075 + $145,868
$193,943
2018
$2,091 (+0.7%)
$32,050 + $122,118
$154,168
2017
$2,076 (+3.5%)
$32,050 + $122,118
$154,168
2016
$2,005 (−15.3%)
$32,050 + $122,118
$154,168
2014
$2,367 (+3.1%)
$27,966 + $143,084
$171,050
2013
$2,295 (+2.3%)
$27,966 + $143,084
$171,050
2012
$2,244 (+0.7%)
$27,966 + $143,084
$171,050
2011
$2,229
$27,966 + $143,084
$171,050
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
—
Finished Sq. Ft.
1,452
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,452
Year built
1982
Style
Single Family Residential
County
Durham County
APN
155043
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 1, 2026.
RS-10
Residential Suburban Districts
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, 15 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
73
82
67
81
62
72
51
66
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5701 Lake Elton Rd
$415,312
$312 over list price of $415K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $350K to $447K.