500 Umstead Drive
Chapel Hill, NC 27516Welcome to this beautiful and cozy 2 bedroom, 1.5 bath condo.Nestled in one of Chapel Hill's most convenient locations, this delightful house blends comfort, functionality, and unbeatable access to local amenities. Just a short 7 minute stroll to Umstead Park with basketball and volleyball courts, trails, and picnic spaces—plus walking distance to a community pool and only a 5-minute drive to UNC. Inside, you'll find a bright and welcoming layout with large picture windows that fill the home with natural light. The first-floor private patio is perfect for sipping your morning coffee or tending to your own garden. The kitchen is thoughtfully designed, featuring ample cabinet storage, sleek countertops, and modern appliances—ideal for daily meals or entertaining guests. This home features 2 generously sized bedrooms, each offering excellent light and a smart layout. The unit also includes two reserved parking spots and access to a range of community utilities including a pool, basketball and tennis courts, and on-site laundry. Note: a temporary special assessment of $138.50/month began in February 2024 for roof replacement and will continue for 18 months in addition to monthly HOA dues. Whether you're a first-time buyer, student, or professors, this move-in ready home is a fantastic opportunity to live in the heart of Chapel Hill with comfort and convenience at your doorstep!
$196,000
2 bedrooms
1 full, 1 half bathrooms
955 square feet
$205 per square foot
Additional Property Information
- TypeCondominium
- Built1972
- NeighborhoodBolinwood Condominiums
- CountyOrange
- AreaChapel Hill
- Elementary SchoolCH/Carrboro - Seawell
- Middle SchoolCH/Carrboro - Smith
- High SchoolCH/Carrboro - Chapel Hill
Listing courtesy of HHome Realty LLC. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Property location
Schedule a Tour
Ready for a tour of this house? You can either schedule an in-person walkthrough, or one of our agents can take you on a virtual tour via video call.
Monthly payment calculator
Find your amount- Exterior Features
- Interior Features
- Property Features
- Common Walls 2+ Common Walls
- Construction Materials Concrete, Brick
- Exterior Features Balcony
- Fencing Wood
- Parking Features Common, Concrete
- Patio And Porch Features Patio, Porch
- Pool Features Association
- Above Grade Finished Area 955
- Appliances Electric Oven, Electric Range, Dishwasher, Refrigerator, Microwave
- Cooling Electric, Central Air
- Cooling Y/N Yes
- Flooring Vinyl
- Heating Electric, Central
- Heating Y/N Yes
- Laundry Features Common Area
- Rooms Total 5
- Association Amenities Coin Laundry, Basketball Court, Clubhouse, Maintenance Grounds, Pool, Trail(s), Park, Tennis Court(s), Parking, Landscaping
- Association Fee Frequency Monthly
- Association Fee Includes Trash, Water, Sewer
- Association Y/N Yes
- Community Features Pool, Sidewalks, Clubhouse
- Tax Annual Amount 1719.68
- Water Source Public
- Year Built 1972
Similar Properties
©2025 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-05-08T23:11:29.000Z.