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507 Phar Lap Lane, 
Bahama, NC 27503

$575,000


4

Beds


4

Baths


2,968

Sq Ft


Single Family

Active

Listed by

Jennifer Edwards

Choice Residential Real Estate

919-720-4991

Last updated:

June 29, 2026, 01:16 AM

MLS#

10173935

Source:

NC BAAR

About This Home

507 Phar Lap Lane

Split-level beauty with almost 3,000 sq ft of finished space in Black Horse Run - the sought after community offering horse facilities, pool with clubhouse and tennis courts. Incredible views and thoughtful updates make this property a rare find. Step inside to beautiful oak floors and a recently renovated kitchen featuring a butcher block island, quartz countertops, farmhouse sink, and the modern finishes today's buyers love. The keeping room just off the kitchen invites you to gather around the stone fireplace while enjoying views of the private backyard and surrounding nature. Upstairs, the spacious primary suite offers a step-in shower and built-in vanity. Two additional bedrooms are located across the hall from a well-designed bath with a separate bathing area for added privacy and convenience. The finished basement provides exceptional flexibility with a bedroom or office, full bath, multiple storage closets, and a large bonus room. With its own walk-out access, this space could easily be adapted for multi-generational living or guest accommodations. Outside, you'll find a peaceful backyard framed by mature hardwoods and beautiful views. Flowering shrubs, fruit trees, and raised garden beds create a gardener's dream, while clear nights bring stunning star-filled skies. This is a home where thoughtful updates, natural beauty, and flexible living spaces come together perfectly. *Lot next door (1 acre) is owned by family of sellers and can be purchased together - MLS#10173948

Home Facts

Single Family

4 Baths

4 Bedrooms

Built in 1987

Price Summary

575,000

$193 per Sq. Ft.

MLS #:

10173935

Last Updated:

June 29, 2026, 01:16 AM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

2,968 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,968 Sq. Ft.

Year Built:

1987


Finances & Disclosures

Finances

Price:

$575,000

Price per Sq. Ft:

$193 per Sq. Ft.

Source:NC BAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.