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    404 Phar Lap Ln Bahama, NC 27503

    Sponsored
    For Sale
    $80,000

    LAND - Bahama, NC

    Lot size:
    1.06 Acres
    Days on Market:
    101
    Last Refresh:
    Jan 6 at 9:06 pm

    Property Features for 404 Phar Lap Ln

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    RR
    APN
    0838-01-7750
    Lot size
    1.06 Acres

    LPT Realty, LLC (321) 252-7486 [email protected]

    Listing agent Jamyra Antionette Lashley (919) 521-2911

    Listing date Sep 28, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Equestrian Community

    This 1.06-acre lot presents an opportunity to build a custom home within an equestrian community. Located in Bahama, North Carolina, the property is zoned RR. The Black Horse Run community provides access to a pool, clubhouse, tennis courts, and riding trails. Subject to availability, residents have the option to board horses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Kitchen & Bath Daycare Center HVAC Service Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bahama
    County
    Durham
    State
    North Carolina
    Longitude
    -78.895792
    Latitude
    36.172483

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land in equestrian community with amenities for sale.
    Where is this residential land & home lot located?
    The property is located at 404 Phar Lap Ln Bahama, NC.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Opportunity to build a custom dream home.; - Located in an equestrian community.; - Riding trails available for horse enthusiasts.
    (919) 521-2911
    Request Owner's contact information
    404 Phar Lap Ln Bahama, NC 27503
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    Bahama, NC 27503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    404 Phar Lap Ln Bahama, NC 27503
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