new - 4 days on rocket

540 Patterson Dr, Chapel Hill, NC, 27516

$960,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,600 SqFt
$369/SqFt
House

Location

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540 Patterson Dr, Chapel Hill$960,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Parking Pad, Private, Unpaved
Year Built1990
HeatingHeat Pump, Hot Water, Wood Stove
CoolingCentral Air, Heat Pump, Other
FireplaceLiving Room, Wood Burning Stove, See Remarks
ViewTrees/Woods
MLS #10068914
Lot Size16.00 Acres
StatusActive

About 540 Patterson Dr

Discover unparalleled serenity and elegance with this private Cape Cod-style home, nestled on 5.4 meticulously maintained acres and flanked by two additional wooded lots (8 and 9), offering 16+- acres (property surveyed in 2022. All Lots (parcels 00064534, 00064535(Property tax $888.85), 00064536 (property tax $903.46) all are identified), of breathtaking natural beauty. Located adjacent to the prestigious Briar Chapel community in Chatham County, NC. This property combines seclusion, peace and quiet, with proximity to luxury and convenience. SOLD AS-IS. The home features 3 spacious bedrooms, 2 full baths, and a cozy wood stove to keep you warm during the winter months. Obtain your wood from your own lot. Upstairs provide an office for working from home and area to exercise at your convenience. A whole-house filtration system ensures pristine water quality, while recent upgrades include new siding, energy saver windows, doors, gutters (installed 2021). and a chimney cap (installed 2024) for added peace of mind. Step outside to a haven of horticultural artistry, where unique species of perennials adorn the landscape, creating a lush and vibrant environment year-round. Meander through wooded trails, explore your expansive land, streams or simply soak in the tranquility of your surroundings. Whether you're seeking a peaceful home to raise your family, retirement home, retreat or an adventure-filled homestead, this property offers endless possibilities. Don't miss the chance to make this stunning, one-of-a-kind estate your forever home. Highlights: 3 Bedrooms, 2 Full Baths. Whole-house water filtration and RO systems. Two outside water faucets to water your flowers, and an outside water faucet to wash your vehicles. Water filtration system, RO and checking the well has been maintained quarterly by the company who did the instillation (2022). New siding, windows, (energy efficient), doors, gutters and chimney cap. All come with warranty from the builder or installer, that transfers to the new owner. Large crawl space to store belongings and other items. Space under deck to store belongings. Cozy wood stove for winter warmth that can also be used to cook or heat water. Chimney inspection performed in 2022. 16 +- acres of wooded privacy with trails, streams and landscaped yard. Unique perennial species, meticulously curated, which provide long term beauty. Watch deer's roam, and enjoy numerous birds in their natural habitat. HVAC system has been maintained biannually. Termite and pest control inspection obtained yearly. Septic system cleaned in 2022 and risers installed. New hot water heater and water tank installed in 2022. Crawl space is insulated and has vapor barrier installation. Three (3) lights for easy visual access. Close to UNC Hospital and numerous other medical facilities. Close to mixture of grocery stores and restaurants. Property surveyed in 2022. All Lots (7, 8 & 9, parcels 00064534, 00064535, 00064536) all are identified. Covenants, easement and road maintenance agreements are available upon request. Home is move in ready. Schedule your private tour today and experience the charm and elegance of this exceptional property!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Farm House
  • Year Built: 1990
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: TD Realty
  • Office Phone: (919) 201-3074
  • Listing Agent: LaTanya D Davis

Interior Features

Interior Information:

  • Appliances: Exhaust Fan, Electric Range, Plumbed For Ice Maker, Water Purifier
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood, See Remarks
  • Interior: Bookcases, Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Recessed Lighting, Separate Shower, Storage, Tile Counters, Walk-In Closet(s), Walk-In Shower, Water Closet, Wired for Data, Other
  • Fireplace: Living Room, Wood Burning Stove, See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Deck, Porch Front, Porch Side, Garden, Lighting, Private Yard, Gutters, Storage

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Parking Pad, Private, Unpaved

Lot Features

Lot Information:

  • Lot: Agricultural, Back Yard, Cleared, Corners Marked, Flag Lot, Front Yard, Gentle Sloping, Trees, Landscaped, Many Trees, Native Plants, Private, Secluded, Sloped, Subdivision, Views, Wooded, See Remarks
  • Lot Size: 16.00 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Hot Water, Wood Stove
  • Cooling: Central Air, Heat Pump, Other

Other

Directions Information:

  • Directions: From 15-501, turn on Manns Chapel Road. Then travel 7/10th of a mile. Turn left on Patterson Drive (white fence with Carolina Blue end caps located at the gravel driveway). Follow the for sale signs to the end of the gravel road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $960,000
  • Price Per SqFt: $369/SqFt
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Housing Market Comparison

See how this home compares to others in Chapel Hill, NC.

Med. Sold Price

$679.8K

Med. Price/SqFt

$278

Avg. Days On Market

46

# of Sold Homes

70

540 Patterson Dr vs Chapel Hill

4 DAYS ON ROCKET

-42 Days

$960,000

+$280.1K More

$369/SqFt

+$90 More

KEY TAKEAWAY

This property is $280.1K more than the Median Sold Price and $90/SqFt more than other homes in Chapel Hill, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10068914

Listing Office:

  • Office Name: TD Realty
  • Office Phone: (919) 201-3074
  • Listing Agent: LaTanya D Davis

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 7:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-669625
7
/10
  • Scroggs Elementary School

  • 501 Kildaire Rd

  • 3.46 miles

  • Public District Grades KG-5

school-card-donut-669626
9
/10
  • Perry W Harrison Elementary School

  • 2655 Hamlets Chapel Rd

  • 3.70 miles

  • Public District Grades PK-5

school-card-donut-669627
7
/10
  • North Chatham Elementary School

  • 3380 Lystra Rd

  • 3.94 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,975. The most common annual income of people living in Chapel Hill, NC is between $100k-200k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 Patterson Dr

What is the listing price of this property?

The listing price of 540 Patterson Dr property is $960,000.

What type of property is this?

The property 540 Patterson Dr is a house located in Chapel Hill, North Carolina, 27516.

Is this property for sale now?

Active Listing: 540 Patterson Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 540 Patterson Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 540 Patterson Dr is 2,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Patterson Dr is 1990.

Rocket Homes›North Carolina›Orange County›Chapel Hill›27516›540 Patterson Dr

This home is located at 540 Patterson Dr in Chapel Hill, NC and zip code 27516. This 2,600 square foot home, which was built in 1990, sits on a 16.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $960,000.

While more than 15 listings in Chapel Hill, NC in December 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 42 were sold below. In December 2024 in Chapel Hill, NC there were 15.8% less homes for sale than in November 2024. Listings spent 46 days on the market in December 2024, and had a median list price of $679,833 during the same period.

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

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