Chapel Hill, NC is a town built around the University of North Carolina, the oldest state-supported university in the United States. It has a reputation for being a paradise for foodies, a haven for entrepreneurs, and just overall “cool.” Homeowners are drawn to Chapel because of its reputation for excellent public schools, the University and UNC Hospitals, and closeness to Research Triangle Park.
If you’re looking for a luxury home in Chapel Hill, you’re in luck. Between the neighborhoods that grew up around the University, historic districts, and new construction in recent years, there are choices for luxury homes ranging from around $700k to multi-million dollar properties. You can choose modern, traditional, immense square-footage, or large, sprawling custom country estates. What I like about Chapel Hill is that the luxury homes can be found all over the town, not just in remote suburbs. One-of-a-kind custom homes are peppered throughout quiet streets just outside Chapel Hill.
In new construction, options range from master-planned communities with town centers, a range of home types and active resident organizations, to large and private wooded estate homes where the nearest neighbor is nowhere in sight. Your choice! The good news is that Chapel Hill is not too spread-out so you can always quickly take advantage of all it has to offer no matter which end of town you call home.
Chapel Hill’s exciting downtown area includes Franklin Street, the hub for restaurants, gift stores, art galleries, and more. Other attractions include the Morehead Planetarium, the North Carolina Botanical Garden, and the Coker Arboretum.
Some new construction communities to consider are:
Private wooded homesites built by Robuck Homes, prices start in the $900s, located a mile west of Hwy 15-501 off Manns Chapel Road. With lot sizes from just under 1 acre to 2+, the community features state-of-the-art kitchen options, in-law suites to support multi-generational living, multi-room owner’s retreats, and flex space to modify to your specifications.
Bonterra bills itself as “natural beauty paired with next-level living.” Square footage on these homes starts at 3,500 and goes up, across 4+ bedrooms.
A gated community south of downtown Chapel Hill, Governors Club features homes and homesites surrounded by old-growth woods and lakes. Governors Club is home to more than 900 families and attracts people from all over the U.S, and the world. It is a mix of young couples with children to working professionals and retirees. It features a country club and golf course with year-round activities available to residents.
There are a few homes around $700k, but most are above $800k and easily into the $1.5-2 million dollar range. A grand estate at the Governors Club might feature 8,000 square feet on 3 acres.
This new community is set among rolling hills just south of Chapel Hill and Governors Club, just north of Jordan Lake. Nestled in the trees, Westfall features 113 ½-acre homesites from $700s to 1.3 million+. Tours are available through finished homes now with pre-sale lots available.
This is an interesting community for two reasons: 1) it consists only of modern homes, and 2) there are only five lots in the community. Built by Bold Construction, a local award-winning firm, these 2-3 acre wooded homesites are just 10-minutes from downtown Chapel Hill. It also features Chatham County taxes with a Chapel Hill address and easy access to 15-501. Lot prices are over $200k with finished houses around $1.5 million.
A green-built community from Newland Communities, Briar Chapel is 10 miles from downtown Chapel Hill on 15-501. 50 percent (900 acres) has been set aside for open spaces within the community, allowing for miles of walking trails and enjoying the outdoors. Briar Chapel has also been voted “Best Neighborhood in Chapel Hill,” due in part to its resort-style amenities, community events, and a sense of connection and neighborhood living.
Although this is an established community, there is new construction (Homes by Dickerson) within the neighborhood with about half of the floor plans starting around $900k.
If you’re interested in older homes, Chapel Hill has three historic districts where you can find one-of-a-kind luxury homes. The oldest is Franklin-Rosemary which dates back to 1922. It generally has the highest prices of the historic areas, with houses starting in the $800s and up.
Chapel Hill has three historic areas Franklin-Rosemary, Gimghoul, and Cameron-McCauley.
Franklin Street generally has the highest-priced homes in the historic areas ranging from the $800,000’s and up. On these tree-lined streets, you will find a variety of architectural styles: Federal, Greek Revival, Gothic Revival, and Colonial Revival mixed with some farmhouses and bungalow-style houses.
Many of these historic homes are within easy walking distance of campus and of Franklin Street, where you can enjoy fine dining, shopping, arts, and live music.
The Cameron-McCauley Historic district is west of the UNC campus, but still provides easy access to campus and Franklin Street. A mix of 20th-century architectural styles including Colonial Revival and Craftsman, the homes in this area have smaller lots but feature lush greenery, gravel paths, and low stone walls. Most homes in this area have been updated to include modern conveniences of air conditioning and high-speed Internet while still maintaining the charms of a distant and serene past.
The third historic district is Gimghoul Neighborhood Historic District, which was a development of 37 houses built in the 1920 and 30s as faculty housing but is best known as being the product of the secret Order of the Gimghouls, a fraternal organization of UNC undergraduates, faculty, and alumni. Most homes here are Colonial Revival and have not changed much since the 1930s. And there’s a castle, a French-style chateau that sits at the top of Gimghoul Road and comes complete with ghost stories.
Other subdivisions with new construction luxury homes include Rockford, Creek Wood, Westfall, and The Woodlands of Chapel Hill. There is also some new construction - not in a subdivision - of luxury homes off Carmel Church Road, with addresses on Falls Creek Road.
Older most established neighborhoods with luxury homes include The Oaks, Meadowmont, Chesley, Silver Creek, Greenwood, and Westwood.
So yes, there is a wide range of options for luxury homes in the Chapel Hill area. Start by browsing our listings below to find the perfect home for you.
Own this incredible office suite in one of the most centrally located, modern, Green, energy efficient buildings in all of Chapel Hill & Carrboro. The office is lights &...
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2023 Triangle MLS, Inc. of North Carolina. Data last updated .