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$235,000

500 Umstead Dr Unit D308 Chapel Hill, NC 27516

3 beds
2 full
1,147 sqft
$205 / sqft
Condo

Property details

About 500 Umstead Dr Unit D308

Renovated Top-Floor Condo in Prime Chapel Hill Location!Don't miss this beautifully updated condo nestled in one of Chapel Hill's most desirable locations! Tucked away at the rear of the complex, this top-floor unit offers peaceful forest views and quiet living--just minutes from everything.Enjoy access to top-rated schools, including Seawell Elementary, Smith Middle, and Chapel Hill High. The community features a seasonal pool, and the HOA fee covers water and exterior maintenance--including a brand new roof installed in 2025.Conveniently located on the UNC bus line and within biking distance to campus, great for students, professionals, or anyone who wants easy access to downtown Chapel Hill. Just down the road, you'll find Umstead Park, with stunning wooded trails, beach volleyball, basketball courts, a playground, and even a nearby swim club.This is a rare opportunity for affordable living in a vibrant, walkable, and nature-filled setting. Whether you're looking to move in or invest, this condo offers value, comfort, and unbeatable location.

Highlights

Home typeCondominium
HeatingHeat Pump, Hot Water
StatusActive
CoolingCentral Air
Size1,147 sqft
Year built1972
ParkingAsphalt, Parking Lot, Assigned
MLS #100515585

Summary

  • Full Bathrooms: 2
  • Interior: Pantry
  • Fireplace: None
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Asphalt, Parking Lot, Assigned
  • Heating: Heat Pump, Hot Water
  • Cooling: Central Air
  • List Price: $235,000
  • Price/SqFt: $204
  • HOA Amount: $234
  • Directions: From downtown Chapel Hill, head north on Martin Luther King Jr Blvd, turn left onto Umstead Drive, and continue straight to reach 500 Umstead Dr.
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,147 SqFt
  • MLS Number: 100515585
  • Office Name: Beycome Brokerage Realty LLC

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Northside Elementary School

Public District KG-5

0.4 mi

350 Caldwell Ext

4

Carrboro Elementary School

Public District KG-5

0.9 mi

400 Shelton St

7

Seawell Elementary School

Public District KG-5

1.4 mi

9115 Seawell School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,720. Typical income of Chapel Hill, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
35%
35k-100k
20%
100k-200k
13%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
10%
Single, with Kids
23%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Yoga/pilatesYoga/pilates
  • SoccerSoccer

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • H&MH&M
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Dominos PizzaDominos Pizza
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • AudiAudi
  • LexusLexus

What do the neighbors listen to?

  • RockRock
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 500 Umstead Dr Unit D308

The listing price of 500 Umstead Dr Unit D308 property is $235,000.

The property 500 Umstead Dr Unit D308 is a condo located in Chapel Hill, North Carolina, 27516.

Active Listing: 500 Umstead Dr Unit D308 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 500 Umstead Dr Unit D308 are: Northside Elementary School (GreatSchools Rating 4/10), Carrboro Elementary School (GreatSchools Rating 4/10), Seawell Elementary School (GreatSchools Rating 7/10), Guy B. Phillips Middle School (GreatSchools Rating 7/10), Smith Middle School (GreatSchools Rating 5/10), C&L McDougle Middle School (GreatSchools Rating 5/10), Phoenix Academy High School (GreatSchools Rating 2/10), Chapel Hill High School (GreatSchools Rating 8/10), Carrboro High School (GreatSchools Rating 8/10).

The property at 500 Umstead Dr Unit D308 has 3 bedrooms and 2 bathrooms.

The property 500 Umstead Dr Unit D308 is 1,147 SqFt (source: MLS/tax record).

The year of construction for 500 Umstead Dr Unit D308 is 1972.

This home is located at 500 Umstead Dr Unit D308 in Chapel Hill, NC and zip code 27516. This 1,147 square foot home was built in 1972. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $235,000.

Chapel Hill, NC housing market in June 2025 saw over 43 listings sold above listed price, more than 30 sold at listed price and over 48 sold below. In June 2025 in Chapel Hill, NC there were 0.3% less homes for sale than in May. While the average time on the market in June 2025 was 24 days, the median list price was $660,000.

From Rocket Homes Real Estate and based on county public records data.

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