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408 Sparella St, Durham, NC, 27703

3beds
3baths
1,972sqft
$409,500
$208price/sqft
$2,674/moest. monthly cost
$106,960/yrincome needed

About This Home

Stunning new construction modern farmhouse in one of Durham's hidden gems of a neighborhood! Welcome home to this brand-new modern farmhouse that perfectly blends timeless charm with today's open-concept living. Tucked in a small, quiet, tree-lined neighborhood that is a well-kept secret away from the hustle & bustle, but minutes to downtown, this home offers the best of both worlds: peaceful suburban living just minutes from downtown Durham and with easy access straight to RTP and Raleigh. Step inside and fall in love with the flow: • Dramatic open first floor with two separate living areas plus a dedicated office or playroom--plenty of room for everyone to spread out, work, play, or entertain. • The huge chef's kitchen is the heart of the home, featuring a massive island perfect for family breakfasts, homework sessions, or hosting big gatherings. • Walk right out the kitchen door to a rear deck--ideal for morning coffee, evening grilling, or enjoying the yard. • Luxurious primary suite with a spa-like dual vanity bathroom, walk in tile shower, and two oversized walk-in closets--your personal sanctuary. • 2nd and 3rd large bedrooms with generous closets • Convenient spacious 2nd-floor laundry room with plenty of space This thoughtfully designed 3-bedroom home is brand new construction, so you get modern efficiencies, high-end finishes, and zero maintenance for years to come. The neighborhood itself is a true standout--its own impressive city park is just a block away, complete with brand new playgrounds, full basketball courts, walking trails, and open green space feels like a private park for this neighborhood Location highlights: • Minutes to downtown Durham's vibrant restaurants, breweries, and the American Tobacco Campus • Quick highway access toward Raleigh, RDU Airport, and Research Triangle Park • Minutes to Durham's new Publix. Whether you're looking for a move-in-ready family home or an entertainer's dream, this modern farmhouse checks every box. Whether you're seeking a move-in-ready home for everyday living or a fantastic space for entertaining, this modern farmhouse checks every box. Property line runs down the middle of the shared wall, giving each owner full individual ownership of their lot and structure (similar to a townhouse). No HOA. Enjoy the benefits of new construction on a decent sized, more traditional-looking lot that gives you actual roomy outdoor space, rare in some of today's tighter Durham builds. Schedule your showing today and make it yours!

Getting Around

21
WalkingCar-Dependent
30
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

4/10
Y E Smith ElementaryGrades PK-51.0 mi
5/10
Brogden MiddleGrades 6-84.4 mi
3/10
Riverside High SchoolGrades 9-127.9 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Board & Batten Siding,Fiber Cement,HardiPlank Type,Lap Siding,Radiant Barrier

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman, Farmhouse
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Plumbed For Ice Maker
  • Laundry features: Upper Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Breakfast Bar,Ceiling Fan(s),Crown Molding,Double Vanity,Dual Closets,Eat-in Kitchen,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Separate Shower,Walk-In Closet(s),Walk-In Shower,Water Closet,Wired for Data
  • Window features: ENERGY STAR Qualified Windows
  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,972
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air,Electric,Heat Pump,Multi Units

Interior Area

  • Total structure area: 1,972
  • Total interior livable area: 1,972 sqft

Property

Details

  • Parcel number: 243535
  • Attached to another structure: Yes
  • Special condition: Seller Licensed Real Estate Professional

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Rain Gutters
  • Has view: Yes

Lot

  • Lot size: 6,098 sqft
  • Features: Back Yard,Cul-De-Sac

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Tornado
Hail
Hurricane
Inland Flooding
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Durham County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,070$24,840
Home Insurance *$128$1,536
Property Taxes $276$3,312
Electricity $200$2,405
Total$2,674$32,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,680/yr
40% on housing$80,220/yr
45% on housing$71,306/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 27703$183
Durham County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 27703$205
Durham County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-27Listed for sale$419,500

New Construction

AgentSteve A Frasher
BrokerageFrasher Whaley Realty Group

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