Parkwood Homes under $400,000

Welcome to Parkwood, a charming subdivision nestled in the heart of North Carolina, where community spirit meets serene living. This delightful neighborhood is an ideal haven for families, young professionals, and retirees alike, offering a perfect blend of comfort, convenience, and affordability.

One of the standout features of Parkwood is its diverse selection of homes, with many options available for under $400,000. Whether you're looking for a cozy single-family home or a modern townhouse, Parkwood has something to suit every taste and budget. These well-maintained properties often boast spacious layouts, contemporary finishes, and beautiful outdoor spaces, making them perfect for entertaining or enjoying quiet evenings at home.

In addition to its attractive homes, Parkwood is conveniently located near a variety of amenities. Residents can take advantage of nearby shopping centers, parks, and recreational facilities, ensuring that everything you need is just a stone's throw away. The community is also served by highly-rated schools, making it an excellent choice for families with children.

Nature enthusiasts will appreciate the lush green spaces and walking trails that meander through the area, providing ample opportunities for outdoor activities and leisurely strolls. The friendly atmosphere of Parkwood fosters a sense of belonging, with neighborhood events and gatherings that encourage connection among residents.

If you're seeking a vibrant community with affordable housing options in North Carolina, look no further than Parkwood. Discover the charm of this delightful subdivision and make it your new home today!

Newest Parkwood Homes under $400,000

$400,000

4 Beds ⋅ 2 Baths ⋅ 10196246 MLS

Now back on the market with a fresh renovation and updated finishes throughout. This home has new luxury vinyl plank flooring throughout, new quartz countertops, and all-new stainless steel kitchen appliances, including a dishwasher, range, and microwave, updated vinyl windows throughout, and the HVAC system was replaced in 2015. The floor plan offers both a living room and a separate den, providing flexible space for everyday living. Situated on a 0.35-acre corner lot, the property features a large yard with room to enjoy the outdoors. With its recent renovations, functional layout, and generous lot, this home is ready for its next owner.

4916 Wineberry Dr, Durham

Seller Representative Pinnacle Realty

$289,000

3 Beds ⋅ 1 Baths ⋅ 10194603 MLS

Freshly repainted and move-in ready! Take advantage of this traditionally well-built home in one of Durham's most perfectly situated neighborhoods. This well-loved, lightly lived-in property offers easy one-level living, an updated kitchen with stainless-steel appliances, a gas range, granite countertops, and beautiful wood floors throughout. Enjoy abundant natural light in the den, plus a roof installed in (2018), new water heater (2026) and HVAC system (2022). Ideally located near Southpoint Mall, local restaurants, Duke, UNC, and I-40. Come see all this wonderful home has to offer!

4919 Brentwood Rd, Durham

Seller Representative Next Stage Realty

$369,000

3 Beds ⋅ 2 Baths ⋅ 10193187 MLS

This 3 bedroom/1.5 bath split-level in Parkwood has fresh interior paint and is move-in ready! This home features beautifully refinished hardwood floors in the living room and in all of the bedrooms. The large eat-in kitchen has new countertops, new luxury vinyl plank flooring, and freshly painted cabinets. There are large closets and lots of windows and natural light in all parts of this home. The spacious backyard is fenced and backs up to green space maintained by the Parkwood HOA. The Parkwood neighborhood offers walking trails, lakes and fishing ponds, playgrounds, the opportunity to join the neighborhood pool, and there's even an elementary school, all in a convenient location near I-40, Research Triangle Park, universities, shopping, and entertainment.

135 Emerald Cir, Durham

Seller Representative Raleigh Homes Realty

$314,900

3 Beds ⋅ 2 Baths ⋅ 4425204 MLS

VALUE-ADD OPPORTUNITY IN PARKWOOD! Bring your vision to this 3-bedroom, 2-bath, single-level ranch offering approximately 1,330 square feet on a spacious 0.31-acre lot. With its desirable layout, established neighborhood, and strong location, this property offers exciting potential for an investor, renovation buyer, or owner-occupant ready to create something special. Notable features include a roof replaced in 2024, granite countertops, HVAC and ductwork reportedly updated in 2018, and a detached Tuff Shed. The home requires repairs, painting, ceiling/drywall finish work, and cosmetic updating—an excellent opportunity to renovate, personalize, and unlock its full potential. Conveniently located near RTP, RDU International Airport, I-40, The Streets at Southpoint, shopping, dining, schools, and area parks. COMING SOON–NO SHOW. Seller welcomes sight-unseen offers and may accept an offer before the property becomes Active. Property is being conveyed as-is. Do not enter the property or disturb the occupant. Supporting reports and property documentation are available for review. Offers will be reviewed as received—don’t miss this opportunity!

5154 Revere Road, Durham

Listing courtesy of EXP Realty LLC Ballantyne. 704-290-8350

$365,000

3 Beds ⋅ 2 Baths ⋅ 10189535 MLS

Remodeled ranch in Parkwood with a rare oversized heated and cooled workshop/flex space out back! This 3-bedroom updated home — a refreshed kitchen with granite counters, stainless gas range, SS appliances, gleaming hardwood floors. This house is move-in ready and easy to love. You will love the spacious front yard featuring a pollinator's garden and shaded backyard with mature oak trees. The .3 acres features a fully fenced backyard - that backs to a neighborhood-maintained common area, giving you privacy and green space. There are two easy to use compost bins. The standout is a 645 sq ft heated/cooled detached versatile bonus space that serves as a workshop, studio, gym, or flex space, adding tremendous value beyond the home's 1,282 sq ft. The neighborhood is a dream. There are wonderful walking trails, 143 acres of common area, a neighborhood lake for meeting up with neighbors, walking, fishing or bird watching and a pool that is available to join. Welcome Home!

111 Emerald Cir, Durham

Seller Representative Choice Residential Real Estate

$358,800

3 Beds ⋅ 2 Baths ⋅ 10189468 MLS

Freshly updated ranch home with beautifully refinished hardwood floors throughout the entire home. The kitchen features new shaker cabinets, quartz countertops, a stylish tile backsplash, and stainless steel appliances. Bathrooms have been fully updated with custom tile showers, tile flooring, and new custom quartz vanities. Fresh interior and exterior paint and smooth ceilings throughout. The fenced-in backyard provides a great space for relaxing, entertaining, or pets, and includes a storage shed for added convenience.

4610 Revere Rd, Durham

Seller Representative Grow Local Realty, LLC

$300,000

3 Beds ⋅ 2 Baths ⋅ 4409843 MLS

9606 Walkers Ferry Road, Charlotte

Listing courtesy of Real Broker, LLC. andrew.mcclure12@joinreal.com

$399,000

3 Beds ⋅ 2 Baths ⋅ 10167127 MLS

Back on the market with garage repairs completed and a new price of $399,000, this distinctive Parkwood property is ready for its next chapter. Set in one of Durham's established neighborhoods, where tree-lined streets and nearby Parkwood Lake evoke the feel of simpler times, this classic brick-front Colonial offers something increasingly hard to find: character, versatility, outdoor space, and plenty of room for imagination. Inside, a parquet-style entry introduces a home that favors timeless character over fleeting trends. The traditional floor plan provides separate spaces for different moments of the day—a welcoming Living Room for conversation and gatherings and a comfortable Family Room for quieter evenings at home. The Kitchen features stainless steel appliances, including a gas range, with an adjacent Dining Area for everyday meals. A combination Utility and Laundry Room adds practical convenience, while fresh interior paint and new carpet provide a clean, refreshed foundation. Upstairs are all three Bedrooms and a Full Bath, with a Half Bath conveniently located on the main level. Step outside, and the personality of this property really begins to unfold. Two decks create multiple places to enjoy the outdoors, including one with a pergola for entertaining and another with a gas grill hookup. The large, fenced backyard has the makings of a gardener's oasis, complete with a picturesque swing surrounded by flowers, an open garden shed, and even a treehouse. Clever storage is tucked beneath the main deck behind discreet doors, providing even more space for tools, equipment, and outdoor necessities. Perhaps the property's most unusual feature is the detached two-car garage—a rarity in Parkwood—with workshop possibilities, cabinetry, additional rear storage, and an unfinished upper level with its own separate entrance. Imagine a home office, art or music studio, hobby room, creative retreat, or simply exceptional additional storage. It is a space waiting for the next owner to decide what it can become. This is not a cookie-cutter house—and that is precisely its charm. It can be enjoyed as it is today or reimagined over time by a buyer who recognizes the possibilities and appreciates a home with a little personality. Parkwood Lake is just a short walk away, while neighborhood parks, playgrounds and walking trails encourage time outdoors. Swim memberships are also available through Parkwood Swim Club. And when it is time to venture farther, The Streets at Southpoint, RTP, Chapel Hill, shopping, dining and major highways are all within convenient reach. For the buyer who values character over conformity and possibility over predictability, this may be the home worth discovering.

1321 Clermont Rd, Durham

Seller Representative Howard Hanna Allen Tate Durham

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