Parkwood Homes under $400,000

Welcome to Parkwood, a vibrant and welcoming subdivision nestled in the heart of Durham, North Carolina. Known for its picturesque tree-lined streets and a strong sense of community, Parkwood offers a perfect blend of suburban tranquility and urban convenience. With its prime location just minutes from Downtown Durham, residents enjoy easy access to a variety of dining, shopping, and entertainment options, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of Parkwood is its diverse range of charming homes, many of which are priced under $400,000. This makes it an attractive option for first-time homebuyers and those looking to invest in a growing area. The homes in Parkwood showcase a variety of architectural styles, from classic ranches to modern two-story designs, ensuring there’s something to suit every taste and lifestyle. Many properties boast spacious yards, perfect for outdoor gatherings, gardening, or simply enjoying the beautiful North Carolina weather.

In addition to the appealing homes, Parkwood is surrounded by lush green spaces and parks, providing ample opportunities for outdoor activities and recreation. Families can take advantage of nearby playgrounds, walking trails, and sports facilities, fostering a healthy and active lifestyle.

With its affordable housing options, strong community spirit, and convenient location, Parkwood is more than just a place to live; it’s a place to call home. Discover the charm of this delightful subdivision and see for yourself why so many are choosing to make Parkwood their forever home!

Newest Parkwood Homes under $400,000

$400,000

4 Beds ⋅ 2 Baths ⋅ 10196246 MLS ⋅ ACTIVE Status

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

$289,000

3 Beds ⋅ 1 Baths ⋅ 10194603 MLS ⋅ ACTIVE Status

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

$369,000

3 Beds ⋅ 2 Baths ⋅ 10193187 MLS ⋅ ACTIVE Status

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

$365,000

3 Beds ⋅ 2 Baths ⋅ 10189535 MLS ⋅ ACTIVE Status

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

$358,900

3 Beds ⋅ 2 Baths ⋅ 10189468 MLS ⋅ ACTIVE Status

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

$399,000

3 Beds ⋅ 2 Baths ⋅ 10167127 MLS ⋅ ACTIVE Status

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

Start Your Search

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .