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$600,000

1111 Masters Place Way, Durham, NC 27703

3beds
2,741sqft
Single Family Residence
Built in 2025
-- sqft lot
$598,300 Zestimate®
$219/sqft
$-- HOA

What's special

Cozy fireplaceSpacious floorplanStudy with glass doors
Welcome to The Thorpe, a thoughtfully designed single-family home that combines elegance, comfort, and functionality. Spanning approximately 2,741 square feet, this spacious floorplan offers 3 bedrooms and 3.5 baths, making it ideal for hosting guests or enjoying quiet family time. Upon entry, you'll find a private bedroom with its own full bath featuring a walk-in shower, perfect for visitors. Nearby, a study with glass doors creates a serene space for work or reading. The gourmet kitchen shines with a large island and walk-in pantry, seamlessly connecting to the dining area and family room. Additional windows flood the space with natural light, while a cozy fireplace adds warmth and charm. A sunroom extends the living area, offering a bright retreat for morning coffee or afternoon relaxation. Step outside to a covered patio, ideal for outdoor dining or unwinding under the stars. The primary suite serves as a private escape with a generous walk-in closet and a spa-inspired bath featuring dual vanities. The third bedroom, located just beyond the garage, includes its own en suite bath for added convenience. Thoughtful touches like a mudroom with a built-in bench and a laundry room with a soaking tub make everyday living easier and more organized. Falls Village is a vibrant 55+ golf-course community in Durham, NC, where comfort meets convenience. Just minutes from downtown, you'll enjoy easy access to dining, shopping, and entertainment, plus outdoor adventures at nearby Fal
18 days
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Zillow last checked: 10 hours ago

Listing updated: 10 hours ago

Listed by:

Stanley Martin Homes

Source: Stanley Martin HomesMLS Logo
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Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
Interior area
  • Total interior livable area: 2,741 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Garage
  • Garage spaces: 2
Details
  • Parcel number: 232922

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Condition
  • New Construction
  • New construction: Yes
  • Year built: 2025
Details
  • Builder name: Stanley Martin Homes

Community & HOA

Community
  • Subdivision: Falls Village
Location
  • Region: Durham

Financial & listing details

  • Price per square foot: $219/sqft
  • Tax assessed value: $108,900
  • Annual tax amount: $1,080
  • Date on market: 11/24/2025

About the community

Your next chapter starts here at Falls Village, a new golf-course community of 55+ single-family homes by Stanley Martin in Durham, NC. Close to everywhere you want to be, Falls Village is convenient to downtown Durham - a hub for restaurants, breweries, shops, sports, and entertainment. Convenience is key as you'll find several shopping centers such as Brier Creek Commons and Ravenstone Commons, Research Triangle Park, the airport, and hospitals all just a short drive from home. If you enjoy the outdoors, Falls Lake is just minutes away and provides plenty of activities like boating, fishing, and swimming to get connected to nature. When you're not out and about, there are lots to love just outside your front door. Meet neighbors and friends at the onsite golf club, challenge your spouse to a pickleball match, or bring the grandkids for a day at the cabana and pool. Explore the Mountains-to-Sea Trail, popular for birding, hiking, and biking with direct access from the community. Ready to leave the upkeep to someone else? A Stanley Martin home at Falls Village comes with included lawn maintenance so you can spend more time playing a round of golf or enjoying all that this age-restricted community has to offer. Your oasis awaits. Schedule an appointment to learn more about this unique opportunity to own a new single-family home in Durham.
View community details
Community
134 Falls Village Drive, Durham, NC 27703

Source: Stanley Martin Homes

18 homes in this community

Available homes

ListingPriceBed / bathStatus
Current home:
1111 Masters Place Way
$600,0003 bed / 4 bathAvailable
3106 Kiawa Pointe Ln$415,0002 bed / 2 bathAvailable
500 Maumelle Way$425,0002 bed / 2 bathAvailable
500 Maumelle Way #201$425,0002 bed / 2 bathAvailable
506 Maumelle Way$450,0003 bed / 2 bathAvailable
506 Maumelle Way #204$450,0003 bed / 2 bathAvailable
505 Maumelle Way$465,0002 bed / 2 bathAvailable
505 Maumelle Way #209$465,0002 bed / 2 bathAvailable
509 Maumelle Way$475,0002 bed / 2 bathAvailable
507 Maumelle Way$495,0003 bed / 2 bathAvailable
1155 Masters Place Way$525,0003 bed / 2 bathAvailable
3108 Kiawa Pointe Ln$525,0003 bed / 3 bathAvailable
3108 Kiawa Pointe Ln #213$525,0003 bed / 3 bathAvailable
1163 Masters Place Way$635,0003 bed / 4 bathAvailable
1163 Masters Place Way #177$635,0003 bed / 4 bathAvailable
1153 Masters Place Way$660,1353 bed / 3 bathAvailable
1153 Masters Place Way #172$660,1353 bed / 3 bathAvailable
1159 Masters Place Way$566,3003 bed / 4 bathUnknown

Source: Stanley Martin Homes

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Estimated market value

$598,300

$568,000 - $628,000

Not available

Price history

DateEventPrice
11/26/2025Price change$600,000-3.9%$219/sqft
Source: Stanley Martin Homes
11/24/2025Listed for sale$624,400$228/sqft
Source: Stanley Martin Homes

Public tax history

YearProperty taxesTax assessment
2025$1,080 -38.1%$108,900 -12.9%
2024$1,744 +6.5%$125,000
2023$1,637 $125,000

Find assessor info on the county website

Monthly payment

Neighborhood: 27703

Nearby schools

GreatSchools rating

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