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University Lakes Homes for Sale

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  • /57

    $839,000 Open Sun 2PM - 4PM

    • 3 Beds
    • 3 Baths
    • 2,575 Sq Ft

    3100 Mel Oaks Trail, Chapel Hill, NC 27516

    This modernist home sits on a .93-acre cul-de-sac lot in the highly rated Chapel Hill School District and combines modern design, thoughtful upgrades, and low county taxes. Built just two years ago, it has been beautifully enhanced inside and out, offering both comfort and long-term value. The home features high-end Aqua Pro Bradford Oak 12 mm waterproof laminate flooring throughout all three

    Agent Photo

    Jodi Bakst

    Real Estate Experts

    (984) 468-8256

    3100 Mel Oaks Trail, Chapel Hill, NC 27516
  • /66

    $3,200,000

    • 3 Beds
    • 5 Baths
    • 4,912 Sq Ft

    711 Berryhill Dr, Chapel Hill, NC 27516

    Designed with modern luxury and livability in mind, this striking 3-bedroom, 5-bath residence offers four levels of contemporary elegance. Barely lived in, this mindful retreat is set on more than two wooded acres just minutes from Chapel Hill and Carrboro. A dramatic mahogany pivot door opens to a gallery-like reception hall with lounge seating and a fully appointed catering kitchen, perfect for

    Agent Photo

    Rhonda Szostak

    Berkshire Hathaway HomeService

    (984) 265-8574

    711 Berryhill Dr, Chapel Hill, NC 27516
  • /43

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,721 Sq Ft

    641 Ethel Christine Way, Chapel Hill, NC 27516

    Cute as a Button Ranch on over an acre on wooded lot! This 3 bed plus office features a custom kitchen with shaker cabinets, glass tile backsplash, granite countertops and Stainless Steel appliances. Wide plank laminate through living areas and PLUSH carpet in bedrooms. Bright open floorplan! Convenient to UNC University & hospital and everything Chapel Hill has to offer. Move in and Enjoy!

    Agent Photo

    Stephanie Anson

    Northside Realty Inc.

    (984) 265-8300

    641 Ethel Christine Way, Chapel Hill, NC 27516
  • /64

    $850,000 Open Sun 1PM - 3PM

    • 4 Beds
    • 2.5 Baths
    • 2,370 Sq Ft

    455 Damascus Church Rd, Chapel Hill, NC 27516

    Nestled in the heart of Chapel Hill within the sought-after Chapel Hill/Carrboro school district, this one-of-a-kind hobby farm offers the perfect blend of modern comfort and rural charm. Set on nearly 6 acres, this thoughtfully designed property features 4 bedrooms and 2.5 bathrooms, built in 2018 with spacious, flexible living in mind. Inside, you'll find a large primary suite, two inviting

    Agent Photo

    Dana Wicker Cantrell

    Coldwell Banker - HPW

    (984) 600-6141

    455 Damascus Church Rd, Chapel Hill, NC 27516
  • /80

    $1,550,000

    • 4 Beds
    • 5 Baths
    • 4,865 Sq Ft

    131 Lavinia Ln, Chapel Hill, NC 27516

    Welcome to an unparalleled custom-built masterpiece, gracefully situated on 3.25 serene acres within The Shire, an exclusive enclave of only nine homesites spanning over 90 wooded acres. Enjoy the tranquility of a private estate, mere minutes - just four miles - from the vibrant heart of Downtown Chapel Hill, UNC Hospital, and Carrboro. Step inside and be captivated by a residence that has been

    Graham Terhune Hodge&KittrellSothebysIntlRlty

    131 Lavinia Ln, Chapel Hill, NC 27516
  • /67

    $1,250,000

    • 4 Beds
    • 5 Baths
    • 4,532 Sq Ft

    603 Booth Rd, Chapel Hill, NC 27516

    Luxury Log Cabin Estate on 2.6 Acres in Chapel Hill! Award winning Chapel Hill Schools! An extraordinary opportunity to own a log cabin estate nestled on 2.6 acres in Chapel Hill-offering the feeling of a private mountain resort but just minutes to UNC!This remarkable home showcases the warmth and craftsmanship of authentic log construction with 4 bedrooms and 5 baths. The dramatic living room

    Jill Ehrenfeld Bold Real Estate

    603 Booth Rd, Chapel Hill, NC 27516
  • /59

    $1,899,000

    • 5 Beds
    • 5.5 Baths
    • 4,174 Sq Ft

    110 Rosemont Ln, Chapel Hill, NC 27516

    Experience this warm and inviting luxury estate set on 51⁄2 acres, just five minutes from town. This grand five-bedroom, five-and-a-half-bath residence is thoughtfully designed for beauty, comfort, and functionality. Graciously proportioned living spaces are ideal for both intimate family gatherings and grand-scale entertaining. A spectacular kitchen and great room take full advantage of sweeping

    David Wilson Carolina's Choice Real Estate

    110 Rosemont Ln, Chapel Hill, NC 27516
  • /8

    $450,000

    • Land
    • 5.5 Acres
    • $81,818 per Acre

    246-Ut Rockford Ln, Chapel Hill, NC 27516

    Design/Build your dream home with Hearthstone Luxury Homes on this stunning, wooded homesite in the exclusive Rockford Community. Rockford is a short drive to downtown Chapel Hill, Carrboro, and UNC's academic and medical campuses. The Rockford community was once a working farm but is now a unique luxury home community. Over 40 acres will remain as undisturbed open space for residents to enjoy

    Jeff Logsdon Skyview Realty, Inc.

    246-Ut Rockford Ln, Chapel Hill, NC 27516
  • /81

    $825,000

    • 4 Beds
    • 4.5 Baths
    • 3,861 Sq Ft

    206 Wild Turkey Trail, Chapel Hill, NC 27516

    A setting like this is hard to find! More than 3 acres of wooded bliss just 15 minutes from the hustle and bustle of UNC's campus. Nestled in the equestrian neighborhood of Stoneybrook, this home provides generous living spaces, a flexible floorplan and ample opportunity for expansion. The primary suite, large laundry room and a second bedroom or office space are all conveniently located on the

    Amy McLeod Clark Berkshire Hathaway HomeService

    206 Wild Turkey Trail, Chapel Hill, NC 27516
  • /57

    $400,000

    • 4 Beds
    • 2 Baths
    • 1,787 Sq Ft

    103 Yorktown Dr, Chapel Hill, NC 27516

    Spacious and full of potential, this classic brick four-bedroom home offers the perfect blend of comfort, convenience, and opportunity. Nestled on a large rectangular lot in an established neighborhood, the property provides room to spread out - both inside and out. Step inside to find generous living areas anchored by a cozy fireplace, ideal for gathering on cool evenings. With four well-sized

    Eric Andrews Realty World Carolina Prop

    103 Yorktown Dr, Chapel Hill, NC 27516
  • /43

    $2,500,000

    • 3 Beds
    • 3.5 Baths
    • 3,413 Sq Ft

    721 Jones Ferry Rd, Chapel Hill, NC 27516

    This gem is back on market due to buyer circumstances shifting! Appraisal and inspection were just fine - available upon request. 721 Jones Ferry Road is a one-of-a-kind modern masterpiece, designed by award-winning local architect Philip Szostak. This NC modernist featured home is on 4 acres, 5 minutes from UNC & every inch boasts innovative design. High ceilings, skylights, and ribbon windows

    Peggy Jennings Compass -- Chapel Hill - Durham

    721 Jones Ferry Rd, Chapel Hill, NC 27516
  • /22

    $250,000

    • Land
    • 4.05 Acres
    • $61,728 per Acre

    0 Neville Rd Unit 10098491, Chapel Hill, NC 27516

    4.05 Serene Acres in the Heart of Chapel Hill Discover a rare opportunity to own 4.05 acres of peaceful, wooded land in the heart of Chapel Hill. This private parcel features mature hardwoods and the gentle sounds of Phil's Creek running through the property, offering a tranquil setting just minutes from downtown, the University of North Carolina, and the vibrant Franklin Street corridor. It's

    Felicia Hatcher eXp Realty, LLC - C

    0 Neville Rd Unit 10098491, Chapel Hill, NC 27516
  • /33

    $629,000

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft

    1208 Hatch Rd, Chapel Hill, NC 27516

    Nice large brick ranch with a finished basement, 2 car garage, fireplace with woodstove insert in family room and basement. New paint and new laminated wood floor in the main level. New roof. Multi level deck. Master bed room has double doors open into a sunroom. 2 acre lot with pond (possibility of building another unit). The home is located in the Chapel Hill/Carrboro school district with the

    Edward Huang Evergreen Realty, Inc.

    1208 Hatch Rd, Chapel Hill, NC 27516

Why Live in University Lakes

University Lakes, located just outside Chapel Hill city limits, is a serene neighborhood characterized by tall trees and large lots. Residents enjoy the quiet seclusion while still having quick access to downtown Chapel Hill and the surrounding Triangle area, including Durham and Raleigh. The area is known for its privacy, where long gravel driveways lead to homes hidden behind trees. Home styles include Cape Cods and split-levels, as well as larger Colonial Revivals and contemporary builds. University Lakes is part of the highly-rated Chapel Hill-Carrboro City Schools district, with students typically attending Chapel Hill High School. The University of North Carolina at Chapel Hill is also nearby, offering top-tier education and successful sports teams. The neighborhood may have a rural feel, but it's easy to commute into downtown, which is just a short drive away. The Research Triangle Park in Durham is about 20 minutes away by car. Chapel Hill features a diverse range of restaurants, such as Buns, Momo's Master and the Carolina Brewery. Grocery shopping is convenient with Food Lion in Carrboro, the Carrboro Farmers Market and the Weaver Street Market.

Frequently Asked Questions

Is University Lakes a good place to live?
University Lakes is a good place to live. University Lakes is considered very car-dependent and somewhat bikeable with minimal transit options. A local real estate agent serving University Lakes can help you decide if this neighborhood is the right one for you. Learn more on our University Lakes neighborhood guide.
How much do you need to make to afford a house in University Lakes?
The median home price in University Lakes is $839,000. If you put a 20% down payment of $167,800 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $4,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $178K a year to afford the median home price in University Lakes. Learn how much home you can afford with our Home Affordability Calculator.
What are the best public schools in University Lakes?
The best public schools that serve University Lakes are:
  • Chapel Hill High School has an A+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.7.
  • Carrboro High School has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 3.9.
  • McDougle Middle School has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 3.1.
What are the best private schools in University Lakes?
The best private schools that serve University Lakes are:
What are the most popular zip codes in University Lakes, Chapel Hill, NC?
The most popular zip codes in University Lakes, Chapel Hill, NC include 27516, 27510, 27517, 27312 and 27514.
What are the most popular neighborhoods near University Lakes, Chapel Hill, NC?
The most popular neighborhoods near University Lakes, Chapel Hill, NC are Southern Village, West Chapel Hill Historic District, Downtown Chapel Hill, Mount Carmel and Governors Club.

Home Trends in University Lakes, NC

Housing Trends

Median Sale Price
$785,000
Median Single Family Sale Price
$785,000
Average Price Per Sq Ft
$307
Number of Homes for Sale
10
Last 12 months Home Sales
29
Months of Supply
4.10
Median List Price
$839,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
24%
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