508 Colony Woods Drive
Chapel Hill, NC 27517
- 5 beds
- 4 baths
- 2,241 sqft
- 12,632 sqft lot
- $253 per sqft
- 1973 build
- – on site
Cozy Chapel Hill cottage meets spacious 2 level on the edge of Durham. Truly a blend of both worlds in this charmer and the perfect location! Tucked into the quiet tree-lined streets of sweet, sweet Colony Woods! Down the street from Trader Joe's, Wegmans, Whole Foods, shops & restaurants. 3 Miles to UNC and 6 to Duke. Only a skip to I-40, RTP and RDU! And the home has so much to offer! 5 bedrooms total with the main level a modernized 3 bed & 2 bath ranch, updated to an open floor plan, added skylights, stylish finishes and just refinished hardwood floors. But there is SO MUCH more! The lower level expands and just keeps on going! An in-law or teen dream, there are 2 bedrooms, 2 baths, 2 living areas one with bar (formerly a full kitchenette and could be again), AND 2 HUGE storage areas. All high-quality vintage construction, made with solid lumber, solid surfaces and to last the ages! Updated to be light and airy, connected but with enough room for everyone to have their own space to retreat. Yard and lot also a great combo, beautiful hardwoods and a big fig tree out front, established shrubs and open yard to play. One side is town greenspace for privacy but no maintenance. Hard to find home with so much charm and flexibility, inside & out and location is unbeatable! Get anywhere in the Triangle fast! Come stroll the quaint neighborhood streets by day, take five to go out on the town at night and return home for a star gaze off the big back deck. All the reasons we love it here and more!
Last checked:
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Last updated Apr 25, 2025
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MLS# 10091795 —
The Building
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Year Built:1973
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Year Built Effective:1973
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New Construction:false
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Construction Materials:Brick Veneer
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Architectural Style:Ranch
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Structure Type:House
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Roof:Shingle
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Foundation Details:Block
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Stories:2
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Levels:Two
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Basement:true
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Basement:Daylight
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Common Walls:No Common Walls
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Patio And Porch Features:Deck
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Accessibility Features:Accessible Bedroom
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Building Area Total:2241
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Building Area Units:Square Feet
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Above Grade Finished Area:1342
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area:899
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:1
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Interior Features:Breakfast Bar
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Flooring:Hardwood
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Laundry Features:Laundry Room
Room Dimensions
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Living Area:2241
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Living Area Units:Square Feet
Location
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Directions:Ephesus Church Road to Colony Woods Drive.
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Latitude:35.932609
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Longitude:-79.002371
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Coordinates:-79.002371, 35.932609
The Property
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Property Type:Residential
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Lot Features:Back Yard
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Property Subtype:Single Family Residence
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Parcel Number:9799943306
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Lot Size Acres:0.29
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Lot Size Area:12632.4
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Lot Size SqFt:12632.4
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Lot Size Units:Square Feet
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Exterior Features:Garden
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Other Structures:Shed(s)
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Fencing:Privacy
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 428-3160
- Office phone:
- (919) 942-4149
Taxes
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Tax Annual Amount:3512
Beds
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Bedrooms Total:5
Baths
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Total Baths:4
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Tour URL Unbranded:https://tours.visualproperties.net/cp/508_colony_woods/
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Durham - Creekside
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Middle Or Junior School:Durham - Githens
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High School:Durham - Jordan
The Community
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Subdivision Name:Colony Woods
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Community Features:Park
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Association Amenities:None
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Association:false
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Concrete
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Open Parking:true
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Open Parking Spaces:3
Monthly cost estimate
Asking price
$569,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,046
|
| Taxes | $292 |
| Insurance | $156 |
| Utilities | $196 See report |
| Total | $3,690/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/25/25
Apr 25, 2025
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Listed / Active | DMLS | $569,000 |
39% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $16k above asking price on average, but some went as high as $76k over asking price.
