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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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3108 Gait Way , Chapel Hill, NC 27516
$1,025,000
Est. Payment: $5,282.04/mo
4 Bed
3 Bath
3141 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Experience the quintessential charm of North Carolina living with this expansive estate, offering an unmatched combination of space, privacy, and exceptional convenience. Nestled on a sprawling 10-acre lot, this property stands as one of the largest homes with acreage available in the highly sought-after Chapel Hill area. From the moment you arrive, the soothing crunch of the gravel road welcomes you home. A classic rocking chair front porch spans the front of the residence, providing the perfect venue to sip morning coffee, unwind in the evenings, and comfortably greet visiting guests. Cherished by only one family since its construction, this grand home boasts a generous layout designed for seamless everyday living and effortless entertaining. While the property exhibits some imperfections reflecting its rich history of family life, the sellers are transparent about its condition, offering a rare opportunity for a buyer looking to personalize a significant estate. To ensure a seamless transaction, the sellers have intentionally positioned this property to sell as-is and are providing a home warranty for added peace of mind. A professional listing inspection has already been completed, and the sellers are fully prepared to share the report with serious buyers. This structure provides complete clarity up front, allowing you to appreciate the absolute peace and tranquility of a 10-acre retreat without sacrificing proximity to modern conveniences. This estate is exceptionally well-located, keeping you just minutes away from everything the Chapel Hill area has to offer, including premier dining, shopping, cultural attractions, and top-tier schools.

Highlights

Listed by Christine Martin , 910-691-4216 Redfin Corporation , 919-816-5981. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
10.01

HOA Fee

500 Annually

Year Built

2004

County

Orange

Neighborhood

Covered Bridge

Listing ID

10182318

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker, Range Hood, Oven, Water Heater
Air Cond:Central Air
Fireplaces:Family Room
Floor:Carpet,Ceramic Tile,Hardwood
Above Ground Sq Ft:3141
Below Ground Sq Ft:0
Other:Bathtub Only,Bookcases,Breakfast Bar,Cathedral Ceiling(s),Ceiling Fan(s),Chandelier,Crown Molding,Dining L,Double Vanity,Eat-in Kitchen,Entrance Foyer,Granite Counters,High Ceilings,Open Floorplan,Master Downstairs,Recessed Lighting,Separate Shower,Shower Only,Smooth Ceilings,Storage,Tray Ceiling(s),Walk-In Closet(s),Walk-In Shower
Other:Private,Well

Exterior Features

Lot:Level,Wooded
Zoning:R1
Roof:Shingle
Others:Fenced Yard,Private Yard,Storage,Deck,Front Porch,Patio,Wrap Around
Sewer:Septic Tank
Parking Features:Attached,Circular Driveway,Driveway,Garage Faces Side,Gravel,Paved,Storage
Principal Interest
$5,282
Taxes
$462
HOA
$500

Home Price

$1,025,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$205,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,282.04

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,282.04 $461.75 $500.00 $6,243.79
Yearly $63,384.43 $5,541.03 $6,000.00 $74,925.46
Total $1,901,532.96 $166,230.90 $180,000.00 $2,247,763.86

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

MLS Logo - Triangle MLS, Inc. of North Carolina