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1404 Gearwood Ave, Durham, NC, 27701

4beds
3baths
2,140sqft
$685,000
$320price/sqft
$4,490/moest. monthly cost
$179,600/yrincome needed

About This Home

Experience modern downtown Durham living in this stunning new construction home designed with style, comfort, and flexibility in mind. Featuring beautiful hardwood floors throughout and an open, airy layout, this home offers the perfect flow for both everyday living and entertaining. The chef's kitchen is the heart of the home, complete with quartz countertops, a large island, and plenty of space to gather. Enjoy seamless indoor-outdoor living with not only a screened-in porch and deck - ideal for relaxing mornings or evenings with friends - but also a fully fenced yard. The spacious primary suite is a true retreat, highlighted by a custom two-person rainfall shower and an additional bonus room perfect for a California-style closet, private office, nursery, or fitness space. Two additional bedrooms, along with a first-floor bedroom featuring its own full bathroom, provide incredible flexibility for guests, an in-law suite, multigenerational living, or work-from-home needs. A full laundry room adds everyday convenience and functionality. Designed with versatility in mind, this home offers endless options to fit your lifestyle while still delivering the comfort and style of modern living. All of this is located right in the heart of downtown Durham, with quick access to Central Park, Hutchins Garage, Motorco, Little Bull, and some of the city's best dining, entertainment, and nightlife. Modern luxury, thoughtful design, and unbeatable location come together in this exceptional home.

Getting Around

58
WalkingSomewhat Walkable
41
TransitSome Transit
51
BikeBikeable

Schools

3/10
Eastway ElementaryGrades PK-50.7 mi
5/10
Brogden MiddleGrades 6-82.0 mi
3/10
Riverside High SchoolGrades 9-125.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Board & Batten Siding,Fiber Cement

Notable Dates

  • Major remodel year: 2026

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Microwave,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bathtub/Shower Combination,Built-in Features,Ceiling Fan(s),Chandelier,Double Vanity,High Ceilings,Kitchen Island,Pantry,Quartz Counters,Smooth Ceilings,Walk-In Closet(s),Walk-In Shower
  • Window features: Double Pane Windows
  • Flooring: Carpet,Hardwood,Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,140

Heating & Cooling

  • Heating features: None
  • Cooling features: Ceiling Fan(s),Central Air,Heat Pump

Interior Area

  • Total structure area: 2,140
  • Total interior livable area: 2,140 sqft

Property

Details

  • Parcel number: 110745
  • Zoning: R-3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch,Porch,Screened
  • Exterior features: Fenced Yard,Private Yard,Rain Gutters
  • Fencing: Back Yard, Fenced
  • Has view: Yes
  • View description: Downtown

Lot

  • Lot size: 4,791 sqft
  • Features: Back Yard,City Lot

Parking

  • Total spaces: 3
  • Parking features: Attached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

No climate risk data available.

How This Home’s Risks Compare

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 $3,463$41,556
Home Insurance *$273$3,276
Property Taxes $554$6,648
Electricity $200$2,405
Total$4,490$53,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,942/yr
40% on housing$134,700/yr
45% on housing$119,733/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

$320This listing

vs Other Active Listings

Avg $/sqft

ZIP 27701$244
Durham County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 27701$312
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
2026-08-05Price change$670,000
2026-06-20Listed for sale$685,000
2025-06-06Sold$247,000
2025-05-20Pending sale$265,000
2025-04-10Price change$265,000
2025-02-18Listed for sale$285,000
2024-11-13Listing removed$295,000
2024-11-13Listed for sale$295,000
2024-10-23Pending sale$295,000
2024-06-04Listed for sale$295,000
2024-05-29Pending sale$295,000
2024-05-09Price change$295,000
2024-04-10Listed for sale$319,000
2023-12-02Listing removed--
2023-11-10Price change$325,000
2023-11-03Listed for sale$350,000
2023-05-08Sold$247,500
2023-01-12Sold$80,000

New Construction

AgentDave Wylie
BrokerageCompass -- Chapel Hill - Durham

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