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4020 Nottaway Rd, Durham, NC, 27707

4beds
4baths
4,012sqft
$1,649,500
$411price/sqft
$10,669/moest. monthly cost
$426,760/yrincome needed

About This Home

Welcome to an iconic Hope Valley residence - 4020 Nottaway Road. Originally envisioned for the late Dr. A. Douglas Rice and his wife, Ann, this home is a study in classic architecture, notable for its matching bowfront bay windows. The sprawling ranch design offers sweeping views of the expansive two-acre property, delivering privacy and ample room for future expansion. Built in 1964 by the esteemed George Birmingham, this home has stood the test of time in both quality and design. Much of the interior and exterior inspiration can be traced to the design mastery of Harvey Gunter of Harvey Gunter & Associates Interior Design. Mr. Gunter, a Parsons School of Design graduate, established a highly respected firm on Broad Street in Durham and left an enduring mark on this property. The layout divides into two wings joined by an impressive central living area. The family gathering spaces are on one side, while the bedrooms and a stunning wood paneled study occupy the other. The spacious kitchen features mid-century cabinetry, walk-in pantry, and a breakfast nook overlooking a charming courtyard. The hearth room centers on an impressive brick fireplace with built-ins, inviting you to curl up with a good book.For more entertaining options, the expansive living area connects to the two wings through a wall of windows and sliders, seamlessly linking the indoors to the serene terrace and private outdoor setting. The owner's suite was imagined as not just a bedroom but a retreat, with ample space for a sitting area, lots of closet storage and a spacious bath. In addition to the three main-floor bedrooms, the lower level includes another bedroom and sitting area with a private entrance--perfect for guests, an au pair, or a secluded retreat, highlighted by a charming spiral staircase. Originally platted as two lots, this property offers endless possibilities. Whether you seek nature appreciation, expansion, footprint reconfiguration, pool addition, or development, this home and land are poised to realize your vision. Truly a rare gem in one of Durham's most sought-after neighborhoods.

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
19
BikeSomewhat Bikeable

Schools

9/10
Southwest ElementaryGrades PK-51.9 mi
8/10
Sherwood Githens MiddleGrades 6-82.3 mi
4/10

Construction

Condition

  • Year built: 1964

Materials

  • Foundation: Block,Combination
  • Roof: Shingle
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Exterior Entry, Interior Entry, Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Finished area below ground: 681
  • Finished area above ground: 3,331

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas
  • Cooling features: Central Air,Wall Unit(s)

Interior Area

  • Total structure area: 4,012
  • Total interior livable area: 4,012 sqft

Property

Details

  • Parcel number: 136688
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Porch,Terrace
  • Exterior features: Courtyard,Private Entrance,Private Yard,Rain Gutters
  • Has view: Yes

Lot

  • Lot size: 2.05 Acres
  • Features: Hardwood Trees,Level,Near Golf Course,Wooded

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Circular Driveway,Garage,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Tornado

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 $8,340$100,080
Home Insurance *$620$7,440
Property Taxes $1,336$16,032
Electricity $373$4,484
Total$10,669$128,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$365,794/yr
40% on housing$320,070/yr
45% on housing$284,506/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

$411This listing

vs Other Active Listings

Avg $/sqft

ZIP 27707$213
Durham County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 27707$262
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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$1,649,500
2026-07-15Price change$1,649,500
2026-05-20Listed for sale$1,775,000
2006-09-01Sold$705,000

For Sale by Agent

AgentPeggy Harris
BrokerageNest Realty of the Triangle

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