tomo logo

$950,000

Beds
3
Baths
4.0
sq ft
4,424

1208 Restoration Drive, Durham, NC 27703

1208 Restoration Drive

Durham, NC 27703

  • 25 days on market
    • Price drop $25,000↓
    • Open house Dec 22
Exquisite Custom Luxury Home nestled in the heart of a vibrant community, this home stands as a testament to refined living, where nearly every custom upgrade has been thoughtfully integrated to create a harmonious blend of style, sophistication, and functionality. This is not just a home; it is a sanctuary, meticulously curated and thoughtfully maintained by a former construction company manager who spared no expense in ensuring that every aspect of this residence meets the highest standards of excellence. Every element of the home has been thoughtfully designed and custom-crafted to create a living experience that is nothing short of extraordinary. The home boasts a striking blend of modern stone and wood exterior, creating a visually appealing and sophisticated façade. This combination of natural materials brings warmth and elegance to the design, while harmonizing with the surrounding landscape with a self-regulating automatic irrigation system . The clean, contemporary lines paired with the organic textures of stone and wood create a timeless aesthetic that perfectly complements the home's modern character. Step inside and the layout flows effortlessly with crown molding accentuating the expansive 10-Foot Ceilings & 9-Foot Doors that create an open, airy feel that invites light into every room enhancing the home's sophisticated atmosphere with Ethan Allen Custom White Sheer Draperies on every window of the main floor and Custom Soft-Tone Lighting: Remote-controlled, stylish accent lights from West Elm. Enjoy Upgraded Carpet that offers a plush feel underfoot in select areas, creating warmth and comfort. The gourmet kitchen, a true culinary masterpiece, features top-of-the-line finishes and modern appliances. Almost every custom feature by Epcon has been thoughtfully incorporated from elegant white-gray stone countertops, sleek white cabinetry with glass shelves and under-cabinet lighting, and a contemporary overhead kitchen grill make this space as functional as it is beautiful. The living room serves as a stunning focal point with a Contemporary White Stone Fireplace with remote-controlled gas logs. The private owner's suite and its exclusive patio provide an intimate escape—perfect for unwinding at the end of the day. The expansive, three distinct outdoor spaces, custom-designed including a stone patio, a built-in hot tub, natural gas grill hookup and private decks—offer an inviting backdrop for peaceful mornings, lively gatherings, or quiet evenings under the stars. The second floor features a loft and a studio with Soundproof Wood Paneling creating an ideal space for a media or music room, where comfort and quiet are paramount. A spacious 1,382 sq ft basement with a kitchenette adds flexibility, offering ample storage and endless possibilities for recreation or workspaces. Surrounded by lush, mature trees, you will feel completely immersed in nature, yet you are just minutes from the best shopping, dining, and entertainment that the area has to offer. The prime location provides easy access to everything you need. Just minutes away from Brier Creek, RDU International Airport, and major highways, you can enjoy the serenity of your private retreat while still being conveniently close to the city. Whether you're traveling for work or pleasure, or simply enjoying a day out, everything is within easy reach. The maintenance-free lifestyle offered by the homeowner's association ensures that you can fully enjoy the remarkable features of this home without the hassle of upkeep—no lawn mowing or mulching required. It's truly a place to relax, recharge, and enjoy life to its fullest.

Details

Property type

Single Family Residence

Est. home value

$1,044,859

Lot size

6,534 sq ft

Price per sq ft

$215

Year built

2020

Annual property taxes

$9,584

Monthly HOA fee

$240

Price History

12/11/2024
TriangleMLS

TriangleMLS #10065102

Price change
$950,000
-2.56%
11/26/2024
TriangleMLS

TriangleMLS #10065102

Listed
$975,000
+36.58%
12/21/2020
TriangleMLS

TriangleMLS #2359006

Sold
$713,888

Schools & Community

Elementary school: 

Durham - Spring Valley

Middle school: 

Durham - Neal

High school: 

Durham - Southern

Community features: 

Pool, Clubhouse, Sidewalks, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$409,505
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$464,495
Cash to seller
$409,505

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

December 2020

Original loan amount

$510,400

Est. remaining balance

$464,495

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Barbara Lowe and Timothy Sauve

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 6:25 AM

Listing updated: 12/22/2024 at 4:41 AM

Listed by: Rob Zelem, LPT Realty, LLC Phone #: (919) 376-7193

MLS: TriangleMLS #10065102

TriangleMLS logo

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