506 Gray Ave, Durham, NC 27701
Property image
Property image
OFF MARKET

506 Gray Ave
Durham, NC 27701

Cleveland-Holloway
  • 4 Beds
  • 3.5 Baths
  • 2,614 sqft

$890,500

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $5,081/mo*
Refinance Your Home

$890,500

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $5,081/mo*
Refinance Your Home
4 Beds
3.5 Baths
2,614 sqft

Local Information

  • Map ViewExplore the area around 506 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

URBAN SOPHISTICATION Meets IN-TOWN COOL! Timeless Finishes & Thoughtful Builder Upgrades Really Punch Up This Impeccable Property And Are Sure To Surprise & Delight You At Every Turn. The Floorplan Gives New Meaning To The Phrase ''Great Flow''. Solidly Built, This Spacious Home Offers THRILLING Legacy Quality Finishes Including 10 Foot Ceilings on the 1st Floor and 9 Foot Ceilings on the 2nd Floor, Built-in Bookcases & Gleaming, Site Finished Hardwood Flooring On Both Floors, And That Extremely Hard to Find ''Garage, Downtown'' Puts The Cherry On Top! Abundant Natural Daylight Pours Thru the Pella Windows, Highlighting the Standout Stainless Bosch Appliances, Custom KraftMaid, Shaker Style Cabinetry & Smooth As Silk Quartz Countertops, A Stainless Farm-House Sink with Kohler Fixtures, And A Walk-in Pantry Create A Kitchen Worthy Of A Magazine Cover! Entertain A Crowd In The Dining Room With The Adjacent Wet Bar, Beverage Cooler & 2nd Sink, Or Gather Around The Masonry Wood Burning Fireplace In The Family Room, Flanked By Built-in Bookcases, with Hidden Pre-Wires & Built In Audio For Your Streaming ''Must-Haves''. The Serene & Restful 1st Floor Primary Suite Also Provides 2 Nicely Finished Walk-In Closets Offering Ample Storage Options & Solutions, PLUS A Sparkling, White Marble, Primary Bathroom Featuring A Double Width Shower with Frameless Glass Enclosure & Built-in Seating, Dual Vanities, Linen Closet, and a Deep Tub Invite You To Luxuriously Soak Away ALL Your Cares. Take The Extra Wide, Open Staircase To The 2nd Floor Where You Will Find A Wonderful & FLEXIBLE, Light Filled Loft Space, Complete With Built-in Bookcases & Hidden Pre-Wires. 3 Additional, Good-Sized, Secondary Bedrooms, 2 More Bathrooms (1 En-Suite, 1 Jack & Jill), & A Laundry Area Designed To Be Big Enough For Side By Side Appliances, And Yes, A Second Linen Closet Thoughtfully Located Nearby! The Screened-In Porch Overlooks A ''Just The Right Size'' Totally Fenced, Rear Yard With Bermuda Sod, PLUS A Hardscaped Patio & Built-In Firepit Setting The Tone to Entertain Family & Friends Outside, As Well. Very Well Indeed. This Gray Avenue, Site-Built Home With Attached Garage Is Centrally Located on a Desirable Kid, Bike, & Pooch Friendly, Side-Street In Durham's Diverse, Historic Area. Smartly Tucked Away Just Several Blocks North of the Historic Cleveland Holloway N'hood & Just A Few Blocks South of the Historic Old North Durham N'hood & Right Off Elizabeth Street, Gray Avenue Is A Very Convenient & Quiet, Low Traffic Side-Street With Off The Charts Walkability & Bikeability Scores!
506 Gray Ave, Durham, NC 27701 is a 4 bedroom, 4 bathroom, 2,614 sqft single-family home in Cleveland-Holloway, built in 2024. It last sold for $917,000 on Jan 28, 2025 (1% below the $929,000 asking price). It is currently off market. The Trulia Estimate is $890,500, with a rent estimate of $3,538/month.

Home Highlights

Parking
1 Car Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 506 Gray Ave

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 9Wet Bar
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2614 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground UtilitiesAppliances: Bar Fridge, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Wine RefrigeratorLaundry: Electric Dryer Hookup,In Hall,Laundry Closet,Upper Level,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Central, Forced Air, Natural GasHas CoolingAir Conditioning: Ceiling Fan(s), Central Air, Dual, Electric, ENERGY STAR Qualified EquipmentHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Masonry, Wood BurningSpa: NoneHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Double Pane Windows, ENERGY STAR Qualified Windows, Wood FramesFlooring: Hardwood, Marble, Other
Levels, Entrance, & Accessibility
Stories: 2Levels: Bi-Level, TwoFloors: Hardwood, Marble, Other
View
Has a ViewView: City, Downtown

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Front Porch, Rear Porch, ScreenedFencing: Back Yard, Fenced, Perimeter, WoodExterior: Fenced Yard, Fire Pit, Private Yard, Rain GuttersFoundation: Block, Brick/Mortar, CombinationNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Concrete,Covered,Driveway,Garage,Garage Door Opener,Garage Faces Front,Inside Entrance,Off Street,On Street,Parking Pad,Private
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses
Finished Area
Finished Area (above surface): 2614 Square Feet

Property Information

Year Built
Year Built: 2024Year Renovated: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: Site BuiltArchitecture: Craftsman, Traditional, Transitional
Building
Construction Materials: Fiber Cement, HardiPlank TypeIs a New Construction
Property Information
Parcel Number: 110627

Price & Status

Price
List Price: $929,000

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: DurhamCommunity: Not in a Subdivision
School Information
Elementary School: Durham - EastwayJr High / Middle School: Durham - LucasHigh School: Durham - Northern

Building

Building Details
Builder Name: SGS Contracting, LLC
Building Area
Building Area: 2614 Square Feet

Community

Community Features: Curbs, Historical Area, Street LightsNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 10056177Above Grade Unfinished Area: 2614

Additional Information

HOA Amenities: None
Last check for updates: about 17 hours ago
Listed by Tim Hock, (919) 801-5151
Tim Hock Properties
Bought with: Kenneth Martin Jackson, (828) 279-2198, Nest Realty of the Triangle
Source: Doorify MLS, MLS#10056177

Price History for 506 Gray Ave

DatePriceEventSource
01/28/2025$917,000Sold
Doorify MLS #10056177
01/07/2025$929,000PendingDoorify MLS #10056177
11/15/2024$929,000PriceChange
Doorify MLS #10056177
10/08/2024$979,000Listed For SaleDoorify MLS #10056177
12/13/2023$255,000Sold
N/A

Market trends in Durham

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$380K
$8.33KMoM
Sale-to-List Price
98.9%
0.5%MoM
Price per sq ft
$223
$2MoM
Available listings
1226
22MoM
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Property Tax and Assessment

Year2025
Tax$9,066
Assessment$914,591
Home facts updated by county records

Comparable Sales for 506 Gray Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
501 Mallard Ave, Durham, NC
0.18
Single-Family Home
$708,000
10/30/25
3
3
2,525
807 N Elizabeth St, Durham, NC
0.07
Single-Family Home
$662,500
06/26/26
3
2.5
1,678
314 Gray Ave, Durham, NC
0.17
Single-Family Home
$675,000
04/01/26
3
2.5
2,331
823 Glendale Ave, Durham, NC
0.46
Single-Family Home
$1,019,000
04/24/26
4
2.5
2,509
1206 N Roxboro St, Durham, NC
0.36
Single-Family Home
$855,000
10/08/25
3
2.5
2,232
510 Gray Ave, Durham, NC
0.02
Single-Family Home
$565,000
03/23/26
3
2
1,412
405 N Elizabeth St, Durham, NC
0.21
Single-Family Home
$550,000
01/30/26
5
2.5
2,091
603 Lee St, Durham, NC
0.22
Single-Family Home
$606,947
04/21/26
3
2.5
2,154
809 Drew St, Durham, NC
0.27
Single-Family Home
$525,000
05/20/26
3
2.5
2,192
219 Northwood Cir, Durham, NC
0.50
Single-Family Home
$800,000
07/31/25
4
2.5
2,439

Nearby homes

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Assigned Schools

These are the assigned schools for 506 Gray Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Cleveland-Holloway
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cleveland-Holloway

  • 77bluewater1
    "I've lived in this neighborhood for 5 years. Love living in this neighborhood and it is in the perfect location. Easily get Downtown, shopping and RTP. "
    4
    Flag
  • Heather Czechowski
    "I have lived in this neighborhood for 3 years. The townhome community is always quiet and neighbors are always friendly. It is centrally located, so it is an easy commute to places in Durham, but also Chapel Hill and Cary. There are plenty of shops and restaurants nearby. The HOA does a great job maintaining the grounds as well. It is a great place for young professionals and/or young families."
    101
    Flag
  • Maggie M.
    "Walkable to downtown and by car, Cleveland-Holloway is 25 minutes to UNC, 10 minutes to Duke, 10 minutes to NCCU, 15 to the airport and 45 to Raleigh."
    19
    Flag
  • Tim H. R. G.
    "Awesome Area Of Downtown Durham. Close to the action and places to go out, but still 'feels' like a real neighborhood."
    22
    Flag
  • Ashton R.
    "People drive really fast with zero concern that it’s a neighborhood bc it’s a shortcut to the highway from all the one way streets downtown"
    43
    Flag
  • Katherine L.
    "We look out for each other and we care about making our city better long term. More work needs to be done but I am proud to live here "
    0
    Flag
  • Katherine L.
    "people really try to take care of each other save the elitists with money. good things happen here as often as bad things just like anywhere. Infinite possibility means miracles happen on a regular basis. i feel supported by people showing out to tell each other we are here for one another. "
    0
    Flag
  • Susana D.
    "Why live in surburbia when I can walk to world-class entertainment and restaurants, visit the Durham Central Park Farmer's Market, be a 5-minute walk from the gym? This is GREAT urban living. I love Durham!"
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Homes for sale near 506 Gray Ave

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Off Market Homes Near 506 Gray Ave

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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.