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$975,000

Beds
4
Baths
3.5
sq ft
2,236

206 Spring Ln, Chapel Hill, NC 27514

206 Spring Ln

Chapel Hill, NC 27514

  • 29 days on market
    • Price drop $20,000↓
Just around the corner from UNC, top-tier dining, shopping, and entertainment on Franklin Street this stunning custom home offers the perfect blend of modern luxury, privacy, and character in an unbeatable location. The three-level residence features a beautifully expanded layout, including a thoughtfully designed 2022 second-floor primary suite with a spa-like bath—complete with a whirlpool tub, double shower, heated floors, and sleek trough sink. Reclaimed North Carolina heart pine floors add warmth throughout, while the main level offers additional bedrooms with private entrances, and light-filled living spaces that blend traditional charm with mid-century modern influences. A full basement with over 1350 of additional square footage provides incredible flexibility, featuring a cozy wood stove, private gym/workout space, two dehumidified zones and extensive lockable built-in storage. A natural meandering path from private parking leads to your covered front porch or side terrace and garden area, creating a serene retreat right in the heart of town. Outdoor living is a dream with three decks and a perm gas line for your grill. Major updates include a Hardiplank exterior (2022), two new HVAC systems (2020 & 2021), and a high-efficiency Takagi tankless water heater. This is truly a rare opportunity to own a hidden gem in the vibrant Chapel Hill downtown area! Make sure to see the 3D and video tours on Redfin. com!

Details

Property type

Condominium

Est. home value

$591,885

Lot size

Unknown

Price per sq ft

$437

Year built

1983

Annual property taxes

$6,322

Monthly HOA fee

$75

Price History

03/20/2025
TriangleMLS

TriangleMLS #10079896

Price change
$975,000
-2.01%
03/07/2025
TriangleMLS

TriangleMLS #10079896

Listed
$995,000
+150.59%
02/18/2011
TriangleMLS

TriangleMLS #1753007

Sold
$397,069

Schools & Community

Elementary school: 

CH/Carrboro - Glenwood

Middle school: 

CH/Carrboro - Grey Culbreth

High school: 

CH/Carrboro - East Chapel Hill

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Gateway Bank Mortgage Inc

Loan start date

September 2016

Original loan amount

$226,500

Est. remaining balance

$38,080

Interest rate

2.76%

Loan type

New Conventional, 10 year

Seller

Brent Blunden and Phoebe Dee

Lender

Suntrust Bank

Loan start date

June 2016

Original loan amount

$87,850

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Credit Line (Revolving), 30 year

Seller

Brent Blunden and Phoebe Dee

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 11:55 AM

Listing updated: 04/01/2025 at 12:16 AM

Listed by: Dennis de Jong, Redfin Corporation Phone #: (919) 816-5981

MLS: TriangleMLS #10079896

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