71
Map
$1,750,000
●
House -
In Contract
3007 Surrey Road
Durham, NC 27707
3 Beds
3 Baths,
1
Half Bath
3,099 Ft²
$10,001
Est. Monthly
About This Property
Experience luxury living at its finest in historic Hope Valley.
Perfectly positioned on the #1 fairway and green, this 1931 estate
was completely transformed in 2015 into a modern architectural
masterpiece. The main floor offers a seamless, open layout with
high-end architectural details and flexible spaces tailored for
work or relaxation. The heart of the home is a chef's dream
kitchen, showcasing a Dacor gas cooktop, double ovens, and
extensive custom cabinetry.
Upstairs, each of the 3 bedrooms serves as a private enclave with its own dedicated bath. The primary suite boasts a massive, walk-in closet and a bathroom complete with a frameless glass shower and a classic soaking tub. Outside, mature, strategically designed landscaping offers total privacy from the street, opening up into a serene backyard oasis where you can grill, dine al fresco, and unwind to the soothing sound of flowing water from your private koi pond. Modern design meets timeless golf community living.
Upstairs, each of the 3 bedrooms serves as a private enclave with its own dedicated bath. The primary suite boasts a massive, walk-in closet and a bathroom complete with a frameless glass shower and a classic soaking tub. Outside, mature, strategically designed landscaping offers total privacy from the street, opening up into a serene backyard oasis where you can grill, dine al fresco, and unwind to the soothing sound of flowing water from your private koi pond. Modern design meets timeless golf community living.
Unit Size
3,099 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$565
Property Type
House
Property Taxes
$1,407
HOA Dues
-
Year Built
1931
Listed By
Amanda Baker
Allen Tate / Durham
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 13 days ago (TMLS #10194503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed by Howard Hanna Allen Tate Durham | $1,750,000 | |
| Listed by Howard Hanna Allen Tate Durham | |||
| Sep 13, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Inhabit Real Estate | $1,600,000 | |
| Listed by Inhabit Real Estate | |||
| | |||
|
Built in 1931 next to the first green of Hope Valley Country Club's Donald Ross Golf Course, the John and Elizabeth Lanning House was transformed into an architectural work of art in 2015. Now an Energy Star Certified home, every detail has been carefully curated to bring the outside in and create a sense of tranquility and calm. Whether you are seeking an elegant entertaining setting or an inviting space to work from home, 3007 Surrey has been designed to meet the needs of any owner. Each bedroom is a private retreat, equipped with en-suite bathroom, walk-in closet and seating space. The kitchen and baths are as functional as they are beautiful with top of the line appliances and luxury fixtures. With panoramic views of the 1st and 18th holes throughout the home and patio, golf, tennis, swimming, and dining are just a short golf cart ride away. Outside, there is something for everyone to enjoy: mature gardens, a backyard kitchen, two covered patios, serenity pond and waterfalls. Don't miss this modern masterpiece in one of Durham's most prestigious neighborhoods.
| |||
| May 7, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Carport
Has Open Parking
Parking Features: Covered, Detached Carport, Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Flooring Type: Ceramic Tile, Hardwood
Rooms: 15
Has Fireplace
Fireplace Features: Bedroom, Family Room
Fireplaces: 2
Basement: Finished, Interior Entry, Storage Space
Exterior Details
Square Footage: 3099
Architectural Style: Modern
Year Built: 1931
Building Area Total: 3099
Levels: Multi/Split
Construction Materials: Brick, HardiPlank Type
Lot Size Area: 0.6
Lot Size Units: Acres
Lot Size Acres: 0.6
Lot Size Square Feet: 26136
Lot Size Dimensions: 123x227
Water Source: Public
Financial Details
Tax Assessed Value: $1,661,723
Tax Annual Amount: $16,888
Utilities Details
Cooling Type: Central Air, Wall Unit(s)
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hope Valley
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Listed by: Amanda R Baker, Howard Hanna Allen Tate Durham
Last Updated: 13 days ago
Data Source: TMLS, MLS# 10194503
Last Updated: 13 days ago
Data Source: TMLS, MLS# 10194503
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