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$735,000
4 Beds 2 Baths 2527697 MLS CLOSED Status
The historic Patterson family home is just two blocks from the UNC campus and the center of downtown Chapel Hill. Walk to campus, UNC football and basketball games and other athletic events, as well as the Ackland Art Museum and performances at Memorial Hall and other campus locations. Freshly painted exterior and partial interior (July 2023). All appliances convey. Other areas above grade are the front porch (224 sf) and back porch (56 sf). Currently an investment property, it has a solid rental history with tenants passing it along each year. It is currently rented for $4000 per month through May 2024. It could easily be rented for $4600-4800 per month, given its stellar location or converted back to single family occupancy. Collect rent while planning updates or renovations, then move in next spring! Tenant occupied; 24 hour notice required (some exceptions may be possible)

302 Henderson St, Chapel Hill

$418,000
2 Beds 2 Baths 10099541 MLS CLOSED Status
Looking for a rare Chapel Hill find, look no further than this pristinely maintained and updated condo in the prestigious Gables condo complex. Located in the heart of Chapel Hill, this 2 bed/2 bath condo offers you the very best of Chapel Hill at your door step. Step through the front door and enter into your paradise as you are greeted by an open living space featuring a large custom built book shelf with built in lighting. The ambiance created in the main living space is only the beginning of what this unit has to offer. An updated kitchen with new appliances sits beside a dining area that allows ample space to make your own. A large primary suite adjoins the living area. Within this suite you will find a bay window that allows the sunlight to greet you. Custom shelving in the primary closet as well as a large primary bathroom give you flexibility to create a home within a home. The secondary bedroom and bath offer ample size and space as well. A private, covered balcony allow you the opportunity to enjoy the serenity Chapel Hill offers whether it's starting out your day or winding down in the evening. From the balcony you can see the gorgeous foliage that surrounds the whole building giving you that privacy you deserve. This third floor unit is easily accessible from main door of condo building as the third level is also the main entry way. The unit also comes with one covered parking space in the parking garage and lots of guest parking spaces out front. Do not miss your opportunity to call this rare property your new home.

620 Martin Luther King Jr Blvd Unit 302, Chapel Hill

$451,000
2 Beds 2 Baths 10091245 MLS CLOSED Status
Welcome to your dream condo at 708 Copperline Dr, Unit 101 located in desirable Southern Village in Chapel Hill, NC. You won't find these first-floor, zero-stairs condos coming up often, so seize the day! This one is well-maintained, quiet, and has a lot of natural light! You're a stone's throw away from Weaver St Market, fantastic restaurants, medical facilities, Cafe Dulce Vita, the Lumina theater, and more. Minutes from UNC's campus, this hot spot is all the rage and hard to get into. What do you get with this Copperline Classic? Two spacious bedrooms and two full bathrooms provide ample space for relaxation and privacy. The open-concept layout seamlessly connects the living areas, creating an ideal environment for both entertaining and everyday living. HARDWOOD FLOORS add class and style. With its desirable location and thoughtful design, 708 Copperline Dr is more than just a place to live—it's a place to call home. Don't miss the opportunity to make this exceptional condo yours today!

708 Copperline Dr Unit 101, Chapel Hill

$606,000
3 Beds 2 Baths 10163772 MLS CLOSED Status
WELCOME to your next home in highly desirable Briar Chapel! This better-than-new, gently lived-in 3-bedroom, 2.5-bath home with a spacious loft, screened porch, and walk-in storage offers the perfect blend of comfort, style, and privacy. All bedrooms are conveniently located on the main floor, making everyday living easy and accessible. Situated on one of the BEST and most private lots in the community, this home provides a peaceful retreat with room to relax and entertain. The bright, expansive kitchen is truly a Chef's dream, featuring granite countertops, stainless steel appliances, a gas cooktop, and double ovens. A large center island offers additional seating, along with ample space for a dining table - perfect for anything from casual meals to more formal gatherings. You decide! The generous Primary Suite is filled with natural light and showcases a tray ceiling, mounted TV, an oversized walk-in closet, and a luxurious en-suite bath complete with a walk-in shower and private water closet. Enjoy low-maintenance living with HOA dues that include landscaping (lawn care, trimming, mulch, and sprinkler system), trash service, and access to exceptional amenities - fitness center, pool, tennis courts, scenic trails, and a community garden. Briar Chapel's amenities truly are second to none! This is the lifestyle you've been waiting for - don't miss it!

115 Heatherwood Dr, Chapel Hill

$639,000
2 Beds 2 Baths 10122849 MLS CLOSED Status
Welcome to 212 Old Barn Lane in Meadowmont! This delightful home offers convenient one-level living with cathedral ceilings and charming plantation shutters in the living areas and master bedroom, creating an inviting atmosphere. The kitchen, dining, and living rooms are all open, complimented by a cozy gas fireplace. The second bedroom includes additional space—ideal for an office or flex area. Enjoy the beautiful open view from the rocking chair front porch and unwind in the bright sunroom at the back, perfect for relaxation. Minutes to the UNC Wellness Center, grocery store, Starbucks, YMCA pool, playgrounds, walking trails, Rashkis Elementary School, and Meadowmont Village with restaurants and shops. This amazing location offers easy access to UNC, Duke, hospitals, and Universities. Don't miss out on this gem! ***Fresh interior paint

212 Old Barn Ln, Chapel Hill

$449,000
3 Beds 2 Baths 10164985 MLS PENDING Status
Set on an exceptionally large lot in a unique and character filled community, this fully permitted renovation blends mid century modern inspired design with thoughtful updates, offering a rare combination of style, space, and privacy that is increasingly hard to find. From the moment you arrive, the setting stands out, delivering a more relaxed, tucked away feel while still being conveniently connected to everyday essentials. Inside, the home has been completely reimagined with a focus on clean lines, natural textures, and quality craftsmanship. Wide plank flooring flows throughout, creating a seamless and modern foundation. The kitchen is a true centerpiece, featuring frameless walnut oak cabinetry, sleek quartz countertops, and stainless steel appliances, all complemented by updated lighting that enhances both form and function. Bathrooms have been fully updated with new tile, vanities, and fixtures, continuing the home's cohesive and modern aesthetic. Every space reflects a thoughtful renovation completed by licensed professionals, offering both style and peace of mind. Major system upgrades add significant value, including a brand new HVAC system and brand new water heater, along with updated plumbing. Step outside and you'll immediately appreciate the scale of the lot, offering endless possibilities for outdoor living, expansion, or even gardening. The yard has been freshly hydroseeded & new green grass will be sprouting soon for you to enjoy. The surrounding neighborhood adds to the charm, with a relaxed, almost rural feel that makes it stand out from more traditional communities. Ideally located near local parks and just minutes from the popular Southern Village area, you'll enjoy easy access to walking trails, green spaces, dining, and everyday conveniences. With convenient access to Interstate 40 and US-70, commuting to surrounding areas is simple. This is a rare opportunity to own a thoughtfully renovated home on a oversized lot with distinctive design and a setting that's hard to replicate. Schedule your showing today!

27 S Circle Dr, Chapel Hill

$481,000
3 Beds 2 Baths 10023782 MLS CLOSED Status
Are you dreaming of an escape from city life without sacrificing convenience? Sitting on over 1 acre of wooded oasis this updated ranch provides the perfect escape from the hustle and bustle, yet you are just minutes from downtown Chapel Hill. Updates include:new roof, new floors through much of the house, new light fixtures inside and out, new exterior paint, bathrooms remodeled, many windows & doors replaced, new decking and a brand new shed. The open floor plan offers ample natural light thanks to picture frame windows, skylights and sliding glass doors which open up to your large deck overlooking your picturesque backyard setting. Walk down to the partially fenced in backyard with a firepit area which is ideal for entertaining.. Behind the home you have your very own brand new shed ideal for an art/yoga studio or whatever hobby suits you. While you will feel like you're miles away, downtown Carrboro is less than a 10 minute drive. Be at UNC hospital or Franklin street in less than 15 minutes. Tea & ice cream await only 5 minutes to Honeysuckle Tea House and 8 minutes to Mapleview Farm. Low county taxes with Orange County schools. This charmer is ready for its finishing touches to make this a true dream.

9501 Greenfield Rd, Chapel Hill

$720,000
2 Beds 2 Baths 10086986 MLS CLOSED Status
Urban convenience and serene living await you. Seize the opportunity to own a luxurious condo situated at the vibrant crossroads of Chapel Hill and Carrboro. Fabulous 280 square foot exclusive private balcony, providing breathtaking views —a rare privilege enjoyed by only 1/3 of Greenbridge residences. Inside, discover two beautifully appointed bedrooms and bathrooms, each thoughtfully enhanced with ample storage space seamlessly integrated into the modern design, offering both sophistication and practicality. Motorized shades with remotes on every window. The stylish kitchen is elegant yet functional, perfect for hosting gatherings and creating memorable meals. Sellers added custom,integrated entryway closets and pantry closets off the kitchen along with pull out shelves in kitchen cabinets. BOSCH appliances. The convenience of nearby amenities means you can leave the car safely parked to pick up groceries, grab a coffee, or dine at your favorite local restaurant. Brandwein's Bagels is across the street. Head to Franklin Motors for Happy Hour on a sunny day. Lantern, Acme, Cham Thai, Venable, Glasshalfull, Napoli Pizza are just of few of the popular restaurants nearby. This condo represents a unique lifestyle opportunity, combining functionality with elegance in a prime location. Building amenities:assigned parking space, fitness center, 24 hour security, mailroom, secure elevator access, theater, Skylounge, rooftop deck,courtyard, concierge service. Don't miss out on making this exceptional property your own.

601 W Rosemary St Unit 418, Chapel Hill

$260,000
2 Beds 2 Baths 10081446 MLS CLOSED Status
Welcome to 106 Weatherstone Drive Unit B, a charming two-story townhouse-style condo nestled in the heart of Chapel Hill, NC. This delightful dwelling boasts two spacious bedrooms and 1.5 bathrooms. Recently updated with a fresh coat of paint and new hardware, this property combines modern aesthetics with a cozy, welcoming atmosphere. The open floor plan offers ample space for entertaining, or simply unwinding after a long day. The kitchen, equipped with all the essentials, is ready for your culinary adventures, while the living area is perfect for movie nights or quiet evenings in. Step outside and you'll find yourself in a vibrant community, conveniently located on a bus line for easy commuting. An array of shopping and dining options are just a stone's throw away, offering a variety of experiences to suit all tastes. This property is more than just a home, it's a lifestyle. It's about the joy of a quiet morning coffee on your own private deck, the convenience of local amenities at your doorstep, and the peace of mind that comes with a well-maintained, move-in ready home. At 106 Weatherstone Drive Unit B, you're not just buying a property, you're investing in a vibrant community and a lifestyle of convenience and comfort. Why wait? Your new home awaits!

106 Weatherstone Dr Unit Unit B, Chapel Hill

$550,000
3 Beds 2 Baths 10056618 MLS CLOSED Status
Do you want to live close to the UNC campus or own an investment property in a prime location? This captivating home, PLUS back studio/ADU, makes this renovated 1950s ranch the ultimate blend of charm and investment gold! The front house features 3 bedrooms, 1 bath with W/D, a sleek kitchen, and a huge living room with a wood-burning stove. It rented for $2,400/month, with a $100 discount to offset back studio utilities. The back studio, a perfect retreat with its own kitchenette, bath, and laundry, rented for $700/month with utilities included. With a total rental income of $3,000/month that hasn't increased in years. No matter what time of year, this seller has never had more than 2 months vacancy since purchasing in 2005. This property is a cash flow machine! Recent upgrades elevate this home to modern standards: a sleek metal roof, new hot water heater, dishwasher, washer, and dryer, updated plumbing, a dual HVAC system, and a gas stove. The 3 skylights flood the space with natural light in the kitchen, bathroom, and the living room. The updated kitchen boasts a contemporary IKEA design and a butcher block island. Enjoy the cozy ambiance of the wood-burning stove in the living area and the refinished hardwood floors throughout the main house. The electrical system has been checked, and a vapor barrier has been installed for added efficiency. The back studio features its own split HVAC unit, ensuring year-round comfort. The large front porch is perfect for sipping morning coffee or unwinding in the evening. The private fenced backyard offers a serene oasis, ideal for gardening, entertaining, or simply relaxing. Parking for 4 cars is available in the driveway. This property is just a few blocks to UNC campus, Franklin St, and Downtown. It's also just one block from the free bus line. It's a location that offers the best of Chapel Hill living. Don't miss out on this rare opportunity to own a piece of prime real estate with incredible income potential. Whether you're seeking a stylish abode or a lucrative investment, this property ticks all the boxes. **Offers received, deadline Monday, 10/7 at noon.**

709 N Columbia St, Chapel Hill

$482,500
3 Beds 2 Baths 10022126 MLS CLOSED Status
Welcome to this charming 1964 brick ranch home in Heritage Hills! Featuring 3 bedrooms and 1.5 bathrooms, this home seamlessly blends vintage charm with modern updates. Enjoy a renovated open concept kitchen and dining with granite countertops and hardwood floors throughout. Relax in the four-season sunroom with a cozy woodstove, and entertain on the deck overlooking the private backyard. Plus, access the nearby community recreation club with swimming pool and tennis courts. With no HOA fees, county taxes, and Chapel Hill/Carrboro Schools, and community features, this home is easy to love. Located in one of Chapel Hill's most established neighborhoods, with just a 10-minute drive to Downtown Carrboro/Chapel Hill, it's the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to make this your new home sweet home!

203 Bennington Dr, Chapel Hill

$596,000
3 Beds 2 Baths 10070176 MLS CLOSED Status
A gorgeous, fully renovated one story home! You'll love the classic contemporary lines of this JP Goforth ranch. Soaring vaulted ceilings, abundant windows, and open flowing rooms that flow effortlessly are yours. Kitchen artfully remodeled in 2017 with all the fixings: granite, subway tile, stainless appliances, and big farmhouse sink. Plus new refrigerator, dishwasher and range hood in 2023, and oven in 2021. Baths beautifully renovated 2021 from top to bottom: Vanities, counters, lighting, fixtures, tile work, more. The heavy lifting has been done for you as well: New furnace 2023, new roof 2016, new skylights 2021 and new water heater 2022. Plentiful additional updates in 2023 include featured electrical, many windows, expanded pantry, new porch screening, new lighting, new window treatments, new gutter guards, gas line additions and more! Please see the full updates list. The house lives large and boasts gorgeous site lines to the lush .38 acre lot. You'll relish the wooded surround from your expansive screened porch, extended front porch, and charming pebbled patio. Walk to the community pond, pool and tennis (with voluntary membership), and be just moments from UNC and RTP. A rare opportunity for a ready-to-go one-level home in the perfect location.

6620 Falconbridge Rd, Chapel Hill

$465,000
3 Beds 2 Baths 10021048 MLS CLOSED Status
A well-known Interior designer re-designed this home to create an exceptional one level 3 BR,2BA GEM. Private cul-de-sac setting in highly sought after Kirkwood. Vaulted ceilings, updated lighting and Hardwoods throughout. Soaring windows with beautiful views of natural areas. Quality kitchen appliances; farm-style sink, elegant custom cabinets w/pull out shelving, interior lighting, even designed to conceal the dishwasher! Built-in extra cabinet storage. Granite counters include large counter seating/eating area for the kitchen. The kitchen is open to a separate dining area surrounded by windows and leading to a private deck and outdoor living space and storage closet. Beautiful electric fireplace; mantle; soaring mirror above. The private 2nd bedroom has corner windows and next to the second bath. The 3rd BR or office has an elegant custom wall of shelves and corner windows overlooking the entrance. Laundry room is charmingly separated (currently) w/stacked W&D & desk & chair. Master BR is private and has large wall of windows. The master closet has a walk-in closet with all built in, custom shelving. The master bath has a huge walk-in tiled shower, custom cabinetry & storage. The attic is floored and has built in shelving, hanging space; and separate storage area. Access to the attic is with upgraded attic stairs & an attic tent at the top of the stairs insulates & seals. Tankless hot water heater. Installation of new roofing on all Kirkwood homes is in progress. Beautifully landscaped neighborhood w/benches thru-out frequently used for neighbors to gather. PLUS, a community pool, active pickle ball courts, and walking trails surround. LOCATION, location; minutes to I-40, UNC, Duke, Shopping & Restaurants galore, East CHHS, and is located on the free CH bus line.

108 Elmwood Cir, Chapel Hill

$489,900
3 Beds 2 Baths 10141923 MLS ACTIVE Status Unknown BLDG.
July, 2026 NEW 30-YEAR SHINGLES INSTALLED! 2026 NEW WELL pump, piping and holding tank. 2001 rancher home with with spacious-floored attic, cinder-block masonry walk-in crawlspace; vinyl siding; covered rocking-chair front porch; deck off family room; New Leaf Filler Gutter Guards with transferrable warranty; one heat pump, smooth-top electric range; electric fireplace in family room; laminate, vinyl and carpet floors; private well is 125' deep; 80-gallon hot water tank; two 2-bay carports; 3-bay equipment shed; 40 x 20 RV shed; workshop with concrete flooring and power; hay shed, horse stalls with water and electrical power; round riding ring; horse pasture; pond; ADT combo security system; circle drive; Lovely setting overlooking Pond stocked with Bass, Brim and Bluegill fish; Minutes to Carrboro and Chapel Hill. A bonus comes with this farm! Horses welcome!

4701 Old Greensboro Rd, Chapel Hill

$424,000
3 Beds 2 Baths 10048365 MLS CLOSED Status
*OPEN HOUSE ON 8/25 HAS BEEN CANCELED. WE WILL BE CUTTING OFF OFFERS AT 6:00PM SATURDAY 8/24* Charming home on close to 1 acre in Orange County. Country living, with the convenience of being only minutes from downtown Chapel Hill! 3 Bedrooms, 2 Full baths. PRIMARY BEDROOM ON MAIN! Bright and airy open living & dining room with cathedral ceiling. Kitchen and both bathrooms have been fully remodeled with high-end upgrades such as quartz countertops and marble & ceramic tile showers and floors. (Full list of upgrades available under Documents.) Enjoy the peace and serenity of the outdoors on the large screened in porch. Beautiful private lot! A nature lovers dream - Grounds feature bee & bird friendly yard with excellent and amended soils, hundreds of native plants (including trees, shrubs, & perennials), a 2 wall lean-to shed, and a wooded, private pump track and walking trail! Other home features include new windows and an Aquasana whole house water filtration system. LOCATION! You are minutes away from UNC Campus & Downtown Chapel Hill, UNC Hospital, Downtown Carrboro, & Downtown Saxapahaw.

5423 Bobcat Rd, Chapel Hill

$350,000
2 Beds 2 Baths 10112831 MLS CLOSED Status
From my spot in the heart of Chapel Hill's Westwood community, I've welcomed residents who want to live close to everything UNC-Chapel Hill offers—without sacrificing privacy, charm, or quiet. Whether you're looking for a place to call home, a space for your college or grad student, or a solid investment in one of Chapel Hill's most sought-after neighborhoods, I offer that rare balance of lifestyle and location. Inside, I greet you with warm hardwood floors and soft neutral tones. My living area is bright and welcoming, with crown molding details that quietly elevate the space. A tucked-away powder room features beadboard trim and tile—refined and practical for guests. Meals and moments happen in my cozy dining nook, where natural light spills in from sliding glass doors that open onto a generous deck. It's a peaceful perch for morning coffee, study breaks, or winding down after a walk to Merritt's Grill. Just behind, my backyard greenspace adds a quiet buffer and view of the trees. My kitchen is compact but thoughtful—maple cabinetry, stainless steel appliances including a Bosch dishwasher, and room for a rolling island or coffee bar. Just steps away, a laundry closet with full-size stacked washer/dryer and extra shelving keeps daily tasks easy. Bonus storage under the stairs is ready for your gear, games, or seasonal supplies. Upstairs, two bedrooms provide restful retreats. The primary suite overlooks the trees behind and includes a full wall of closets. The second bedroom is just right for a study, guest room, or housemate—with a walk-in closet and cheerful front-facing windows. A retro-chic hall bath with granite-topped vanity and tiled tub/shower brings comfort and personality. Living here, your front yard is Classic Westwood and your backyard is a stone's throw from UNC campus. Stroll to class, the hospital, or Morgan Creek trails. Grab lunch at Merritt's or dinner downtown at 411 West, then catch a performance at Memorial Hall or Franklin Street's vibrant scene. Whether you're studying, teaching, investing, or visiting—it all starts here. I'm more than a condo. I'm a smart step toward campus living, investment growth, and the lifestyle that makes Chapel Hill feel like home.

409 Smith Ave Unit 103, Chapel Hill

$787,000
4 Beds 2 Baths 10023452 MLS CLOSED Status
Rare opportunity for lakefront living in the heart of Chapel Hill! Lovely home with 3 or 4 bedrooms, 2 baths, and lots of extra space to adapt to family needs over time. Architecturally interesting and well designed, the spacious living room has a vaulted ceiling and large sliding doors that bring light and nature inside. A woodburning stove keeps the house extra cozy in the winter, and built in shelving is ready for your treasures. Doors lead to an expansive deck with pergola that overlooks Lake Ellen and a pathway to the lake. Beautiful kitchen designed for ease of use and connection to the outdoors. Adjacent large pantry and laundry closet with storage. Main level has beautiful hardwood floors, tiled bathrooms and skylights. Primary bedroom has a generous walk-in closet and ceiling fan. Lower level has a fantastic family room, smaller office, or 4th bedroom, and tons of storage space. So many possibilities as game room, playroom, studio, gym, or office! Two easily accessible storage areas under the house and enough wood to get you through a couple of winters! .51 acre landscaped property with plenty of room for gardening, sports, and play. Planted extensively with perennials to delight you with the changing seasons. Enjoy sunset from the lakeside deck or while kayaking. Abundant wildlife, birds and fish! Plus Chapel Hill Schools!

228 Indian Trail Rd, Chapel Hill

$699,000
3 Beds 2 Baths 10145041 MLS ACTIVE Status
IMPROVED PRICING for this light and bright one story home with easy access to UNC and Duke along with quick access to I-40. Highly desirable location just blocks from the Booker Creek Trail to Trader Joe's, Whole Foods, bus line, and Eastgate. Large refinished two tier deck provides abundant options for outside entertaining on this spacious fully fenced lot. Flexible floor plan provides many options. New architectural shingle roof installed in 2023, Rinnai tankless water heater, decks refinished in 2026, windows replaced in 2018, many light fixtures replaced in 2024. Kitchen flooring replaced in 2026. Brand NEW Carrier AC just installed! COMING SOON: New Fridge and Range install in process. Excellent under house storage plus a work shop. Irrigation well. Beautiful Bubinga wood countertops and previously updated cabinets in kitchen. Easy biking to nearby top rated schools. Two fireplaces provide cozy living. Home has been virtually staged in several areas.

2477 Foxwood Dr, Chapel Hill

$405,000
3 Beds 2 Baths 10082216 MLS CLOSED Status
Easy living in one of the most convenient areas in Chapel Hill. Situated between Duke and UNC with easy access to I-40. One level living in this 3 bedroom 2 bath townhouse. Each bedroom has a walk in closet. One back patio has been enclosed making the primary bedroom a more spacious room. This area could be used as a sitting room or office.Palladian window in the living room offering a natural light filled space. Kitchen and breakfast room basked in light. Primary bathroom has a tiled shower and a garden tub with dual sinks. Freshly painted and new carpet. Relax on the brick patio to start or end your day. Close proximity to Trader Joe's, shopping and restaurants. Enjoy the tennis courts/pickle ball courts, etc.

103 Kirkwood Dr, Chapel Hill

$288,000
2 Beds 2 Baths 10114669 MLS CLOSED Status
Welcome to Bradford Place Condos, nestled in the highly desirable Downing Creek Subdivision. This prime location offers easy access to UNC, RTP, Southpoint Mall, and a variety of other amenities. This unit features numerous upgrades, including laminate wood flooring, tiled bathrooms, and a gourmet kitchen equipped with granite countertops and stainless-steel appliances. The open floor plan includes a spacious family room with a fireplace, a dining area, two bedrooms, and two full baths. Additional highlights include walk-in closets, a laundry room, a screened porch, and a storage closet. The neighborhood boasts fantastic amenities, such as a clubhouse, pool, tennis courts (available with membership), a pond, a grilling area, and more! Come and explore this unit—it's ready for you!

1002 Kingswood Dr Unit H, Chapel Hill

$545,000
4 Beds 2 Baths 10084222 MLS CLOSED Status
High-Yield Investment Opportunity: Dual-Income Lakefront Property in Prime Chapel Hill Location! Rare investment opportunity in a highly desirable Chapel Hill location. This property features a fully renovated, turnkey 3-bedroom ranch with a separate, income-generating lower-level apartment, maximizing rental potential and long-term appreciation. Situated on a private .41-acre lakefront lot on Lake Ellen, this property offers immediate cash flow and significant upside in a market with consistently high demand. *Investment Highlights: Dual Income Stream: *Main level: A fully renovated 3-bedroom, 1-bathroom ranch, ideal for premium rental or owner occupancy. *Lower-level apartment: A completely separate, updated 1,002 sq ft unit with private access, perfect for Airbnb, long-term rental, or executive suite, generating substantial supplemental income. *Significant Value-Add: Recent renovations: New roof (2023), HVAC (2019), mini-splits (2019, 2023), luxury vinyl plank flooring, new kitchen and bath fixtures, and updated appliances, minimizing immediate capital expenditures. *Potential for increased rental income: The lower-level apartment's versatility offers flexible rental strategies to maximize returns. *Prime Location: Lakefront property on Lake Ellen: A highly sought-after location with limited availability, ensuring strong appreciation. *Chapel Hill School District *Proximity to amenities: Walking distance to bus lines, trails (Booker Creek Trail, Carolina North), and minutes from UNC Chapel Hill, enhancing tenant appeal. *Strong Market Fundamentals: Chapel Hill's rental market: Consistently strong demand due to the presence of UNC Chapel Hill and the area's robust economy. *Appreciation potential: Lakefront properties in prime locations like Chapel Hill consistently appreciate, offering significant long-term returns. *Outdoor Living and Amenities: Gorgeous flagstone patio, fire pit, established gardens, and private lake access with kayak storage, enhancing tenant appeal and potential rental premiums. New storage shed, and fenced in yard. *Financial Projections: Detailed rental income projections and potential ROI analysis are available upon request. The separate apartment provides a substantial opportunity to increase overall rental income. The improvements made to the property reduces future expenditures.

113 Ellen Pl, Chapel Hill

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 .