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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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247 Ivy Ridge Rd , Chapel Hill, NC 27516
$1,059,990
Est. Payment: $5,462.35/mo
4 Bed
4 Bath
3347 Sqft
Status: active | Days on site: 15
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

SPECIAL: Limited-time 4.99% fixed rate available on select move-in ready and to-be-built homes for qualifying conforming loans only (jumbo loans not eligible). Must use builder's preferred lender and meet qualification requirements. Rate subject to change prior to lock based on market conditions. Terms subject to change without notice. Contact onsite sales team for details. MOVE-IN THIS YEAR! Introducing the Whitman, a BRAND-NEW showstopping designer home that perfectly combines luxury and practicality and situated on a beautiful 1.2 acre homesite. Each room in this home has been expertly and thoughtfully designed with model level design finishes including hardwood flooring throughout and ceramic tile flooring in all bathrooms. You'll love the main living area in this home where the spacious family room flows seamlessly into the chef's kitchen and dining nook. The kitchen boasts a large center island, sleek quartz counters, oversized walk-in pantry and gas cooking. The first-floor Primary Suite is a true retreat, with an expansive walk-in closet and ensuite bath with freestanding tub and walk-in tile shower. A private study (great option for home office or formal dining space), two additional bedrooms (both with walk-in closets) and laundry room complete the first floor. Upstairs you'll find a wonderful loft area to use however best fits your lifestyle and fourth bedroom with closet and full bath. Are you looking for a brand-new home in Chatham County, just 13 minutes from downtown Chapel Hill, NC? Welcome to The Summit at Morgan Ridge, where you'll discover luxurious homes on large private homesites. Situated in the highly regarded Northwood High School District and convenient location to the Raleigh-Durham-Chapel Hill Triangle, The Summit at Morgan Ridge homeowners will enjoy the exciting dining and incredible shopping offered in and around Chapel Hill, NC. (Home is under construction - Photos are from builder's library and shown as an example only).

Highlights

Listed by Gwenn Clarke , and Kathy Young , 919-235-5880 HHHUNT HOMES RALEIGH DURHAM LLC , 984-244-7604. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
1.22

HOA Fee

130 Monthly

Year Built

2026

County

Chatham

Neighborhood

Morgan Ridge

Listing ID

10180993

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Appliances:Built-In Electric Oven, Dishwasher, Gas Cooktop, Microwave, Tankless Water Heater
Air Cond:Central Air
Fireplaces:Family Room,Gas
Floor:Ceramic Tile,Hardwood
Above Ground Sq Ft:3347
Below Ground Sq Ft:0
Other:Bathtub/Shower Combination,Double Vanity,Entrance Foyer,Kitchen Island,Kitchen/Dining Room Combination,Open Floorplan,Pantry,Master Downstairs,Quartz Counters,Separate Shower,Soaking Tub,Tray Ceiling(s),Walk-In Closet(s),Walk-In Shower,Water Closet,Office
Other:Shared Well

Exterior Features

Lot:Back Yard,Front Yard
Roof:Shingle
Others:Private Yard,Screened
Sewer:Septic Tank
Parking Features:Assigned,Concrete,Direct Access,Driveway,Garage Faces Side
Principal Interest
$5,462
Taxes
$530
HOA
$130

Home Price

$1,059,990

Loan Details

30 yrs
6.683%

Down Payment

20%
$211,998
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:
$5,462.35

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,462.35 $530.00 $130.00 $6,122.35
Yearly $65,548.16 $6,360.00 $1,560.00 $73,468.16
Total $1,966,444.81 $190,800.00 $46,800.00 $2,204,044.81

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: 2026-08-02T01:24:44.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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