Absolutely stunning to view and lightly lived in home minutes from Duke and the RTP! Bright open concept lower level complete with a bedroom and full bath. Stainless appliances, solid surface counters with an open view to the family room which includes a gas fireplace. Three full bedrooms upstairs making a total of four bedrooms in this beautiful home. Very easy to show!
Pending
Price cut: $20K (7/31)
$555,000
505 Kings Lake Way, Durham, NC 27703
4beds
3,291sqft
Single Family Residence
Built in 2022
5,662 Square Feet Lot
$547,300 Zestimate®
$169/sqft
$75/mo HOA
What's special
Gas fireplaceThree full bedrooms upstairsSolid surface countersStainless appliances
- 98 days
- 408
- 32
Zillow last checked:
Listing updated:
Listed by:
Warren Adamson 919-260-2260,
Keller Williams Elite Realty
Source: Doorify MLS,MLS#: 10171903
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Second
- Area: 523.24 Square Feet
- Dimensions: 25.4 x 20.6
Bedroom 2
- Level: Second
- Area: 171.6 Square Feet
- Dimensions: 15.6 x 11.0
Bedroom 3
- Level: Second
- Area: 125.4 Square Feet
- Dimensions: 11.4 x 11.0
Bedroom 4
- Level: Main
- Area: 136 Square Feet
- Dimensions: 13.6 x 10.0
Breakfast room
- Level: Main
- Area: 172.96 Square Feet
- Dimensions: 18.8 x 9.2
Dining room
- Level: Main
- Area: 112.8 Square Feet
- Dimensions: 12.0 x 9.4
Other
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16.0 x 10.0
Family room
- Level: Main
- Area: 268.25 Square Feet
- Dimensions: 18.5 x 14.5
Kitchen
- Level: Main
- Area: 199.39 Square Feet
- Dimensions: 15.7 x 12.7
Laundry
- Level: Second
- Area: 102.2 Square Feet
- Dimensions: 14.0 x 7.3
Living room
- Level: Main
- Area: 134.4 Square Feet
- Dimensions: 12.0 x 11.2
Other
- Description: Garage
- Level: Main
- Area: 412 Square Feet
- Dimensions: 20.6 x 20.0
Heating
- Central, Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator
Features
- Entrance Foyer
- Flooring: Carpet, Hardwood
- Number of fireplaces: 1
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,291
- Total interior livable area: 3,291 sqft
- Finished area above ground: 3,291
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Screened
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 232642
- Zoning: PDR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Farmhouse,Transitional
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Stone
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ashton Crossing
HOA
- Has HOA: Yes
- Services included: Unknown
- HOA fee: $75 monthly
- HOA name: Professional Association Mgmt
- HOA phone: 910-973-1427
Location
- Region: Durham
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $604,149
- Annual tax amount: $6,489
- Date on market: 6/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$547,300
$520,000 - $575,000
$2,940/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Pending sale | $555,000$169/sqft |
Source: | ||
| 7/31/2026 | Price change | $555,000-3.5%$169/sqft |
Source: | ||
| 7/8/2026 | Price change | $575,000-4%$175/sqft |
Source: | ||
| 6/18/2026 | Price change | $599,000-3.4%$182/sqft |
Source: | ||
| 6/4/2026 | Listed for sale | $620,000-0.8%$188/sqft |
Source: | ||
| 5/12/2023 | Sold | $625,000+0.8%$190/sqft |
Source: | ||
| 4/24/2023 | Pending sale | $620,000$188/sqft |
Source: | ||
| 4/24/2023 | Contingent | $620,000$188/sqft |
Source: | ||
| 4/20/2023 | Listed for sale | $620,000-3.1%$188/sqft |
Source: | ||
| 1/23/2023 | Listing removed | -- |
Source: | ||
| 9/16/2022 | Listed for sale | $640,000$194/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,775 +9% | $604,149 +53.8% |
| 2024 | $5,297 +6.3% | $392,905 |
| 2023 | $4,984 | $392,905 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27703
Nearby schools
Schools provided by the listing agent
- Elementary: Durham - Spring Valley Elementary School
- Middle: Durham - Neal Middle
- High: Durham - Southern School of Energy and Sustainability
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






