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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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303 E Rosemary St , Chapel Hill, NC 27514
$1,400,000
Est. Payment: $7,214.49/mo
4 Bed
2 Bath
2152 Sqft
Status: active | Days on site: 37
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

RARE OPPORTUNITY to own the historic Gabriel Utley House (c. 1849), a landmark residence and Contributing Building within the Chapel Hill Historic District, ideally located at 303 E. Rosemary Street, Chapel Hill, NC, near downtown Chapel Hill and the University of North Carolina. Believed to date to approximately 1849, this remarkable home blends more than 175 years of Chapel Hill history with thoughtful modern updates. Architectural historians have identified the property as a Greek Revival-style residence, and historic records indicate it stands on land that was part of Chapel Hill's original town lots established in 1793. Preservation research suggests portions of an earlier structure may be incorporated within the home, reflecting multiple generations of growth and stewardship. Expanded during the mid-19th century and later enhanced in the early 20th century, the property remains an important part of Chapel Hill's architectural heritage and historic streetscape. Over the years, the home has been associated with generations of residents connected to the University of North Carolina and the Chapel Hill community, contributing to its enduring place in local history. Inside, original hardwood floors, historic millwork, decorative fireplaces, high ceilings, beadboard ceilings, and period architectural details showcase the home's rich heritage. The renovated kitchen offers the perfect blend of historic character and modern convenience, featuring the home's original brick flooring, granite countertops, subway tile backsplash, updated cabinetry, and stainless steel appliances. The home offers multiple spacious bedrooms, updated bathrooms, generous common spaces, pantry storage, and flexible-use rooms suitable for a variety of residential and investment uses. Outside, a welcoming full-width covered front porch overlooks a beautifully landscaped corner lot shaded by mature trees. A substantial gravel parking area comfortably accommodates 9+ vehicles, an exceptionally rare amenity for a property in this location. Situated on a quiet residential street, the property offers convenient access to downtown Chapel Hill, UNC, restaurants, shopping, entertainment, and cultural destinations. East Franklin Street is located approximately 0.3 miles from the property, while UNC's iconic Old Well and historic campus core are approximately 0.6 miles away. The property's central location provides convenient access to academic buildings, libraries, museums, athletic facilities, and many of Chapel Hill's most recognizable destinations. Historic character, modern updates, exceptional parking, and an outstanding location combine to create one of Chapel Hill's most unique offerings. ------ PROPERTY FEATURES Historic & Architectural • Gabriel Utley House (c. 1849) • Contributing Building within the Chapel Hill Historic District • Greek Revival architectural influences • Expanded and enhanced through multiple historic periods • Original hardwood floors throughout • Original brick kitchen floor • Decorative fireplaces • High ceilings • Full-width covered front porch • Mature trees and landscaped grounds • Prominent corner lot Kitchen • Granite countertops • Subway tile backsplash • Updated cabinetry • Stainless steel appliances • Original brick flooring retained in kitchen Interior • Multiple spacious bedrooms • Updated bathrooms • Large common living areas • Pantry/storage room Exterior • Large gravel parking area accommodating 9+ vehicles • Quiet residential setting • Mature shade trees • Corner lot • Rare downtown parking capacity LOCATION HIGHLIGHTS • Approximately 0.3 miles to East Franklin Street • Approximately 0.6 miles to UNC's Old Well and historic campus core • Convenient access to downtown Chapel Hill restaurants, cafés, shopping, and entertainment • Near UNC academic buildings, libraries, museums, and athletic facilities

Highlights

Listed by Tracy Dowling , 888-400-2513 Homecoin.com , 888-400-2513. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.3

Year Built

1849

County

Orange

Neighborhood

Central Park(Chapel Hill)

Listing ID

10176255

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
Air Cond:Heat Pump,Window Unit(s)
Fireplaces:
Floor:Brick,Hardwood,Tile
Above Ground Sq Ft:2152
Below Ground Sq Ft:0
Other:Bathtub/Shower Combination,Beamed Ceilings,Built-in Features,Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Entrance Foyer,Granite Counters,High Ceilings,Natural Woodwork,Pantry,Recessed Lighting,Separate Shower,Storage
Other:Public

Exterior Features

Lot:City Lot,Corner Lot,Landscaped,Level,Many Trees
Zoning:R-6
Roof:Metal,Shingle
Others:Garden,Lighting,Private Yard,Rain Gutters,Smart Camera(s)/Recording,Smart Lock(s),Covered,Front Porch,Patio,Porch,Rear Porch,Screened
Sewer:Public Sewer
Parking Features:Gravel,Off Street,Open,Parking Lot,Private
Principal Interest
$7,214
Taxes
$1,168

Home Price

$1,400,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$280,000
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Monthly Price:
$7,214.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,214.49 $1,167.98 $0.00 $8,382.46
Yearly $86,573.86 $14,015.72 $0.00 $100,589.58
Total $2,597,215.76 $420,471.60 $0.00 $3,017,687.36

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Chapel Hill, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-01T21:24:16.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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