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$1,350,000

Beds
4
Baths
3.5
sq ft
4,168

500 Walnut Hill Drive, Hillsborough, NC 27278

500 Walnut Hill Drive

Hillsborough, NC 27278

  • 2 days on market
Beautiful hilltop home nestled on over 11 acres, with fabulous views and amazing sunsets. This custom 4 bed and 3.5 bath home was built to capture ambient light from both the east and west. The home is a private retreat, with ample one floor living, great flow and a fantastic in-ground pool and deck area for entertaining small or large parties. The 576 sq ft horse barn (2021) with a tack room, one stall and two run-ins, complete with automatic non-electric horse waterers (2022), and 3 acres of fenced pasture will accommodate a horse enthusiast who wants their prized possessions close by. The property has so much to offer : space for gardening, chickens, hiking in the woods or walking along the private asphalt drive that winds its way throughout the community. The oversized garage with high ceilings can easily accommodate a hobbyist wood worker or a car enthusiast. The second floor has a one bedroom suite, a large bonus room and walk in storage with over 200 sq ft of space. Lumos high speed fiber connects the home to the internet, so that work from home and heavy streaming content users can coexist. peacefully. Located just 5.4 miles from downtown historic Hillsborough and convenient to Durham, Chapel Hill and RTP, homes with this acreage and amenities are getting very hard to find. The views are amazing and transformative from within the home and outside the home. The sunsets are majestic and tranquil, while viewing from the fire pit on the hill or from your gracious front porch. The home improvements include a new roof in 2024, complete interior paint in 2025, new carpet in 2025, recent HVAC systems (3) are all under 5 years in age, new pool equipment in 2023, Reverse osmosis and water treatment in 2013, fencing and more. All appliances will convey. The home is ready for the next owner to enjoy - a must see.

Details

Property type

Single Family Residence

Est. home value

$1,289,465

Lot size

11.11 acres

Price per sq ft

$324

Year built

2004

Annual property taxes

$7,627.72

Price History

04/04/2025
TriangleMLS

TriangleMLS #10086928

Listed
$1,350,000
+88.81%
07/03/2013
TriangleMLS

TriangleMLS #1874191

Sold
$715,000
-4.67%
07/28/2009
TriangleMLS

TriangleMLS #1642461

Sold
$750,000
-16.2%

Schools & Community

Elementary school: 

Orange - River Park

Middle school: 

Orange - Orange

High school: 

Orange - Orange

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

Embrace Home Loans Inc

Loan start date

September 2020

Original loan amount

$445,000

Est. remaining balance

$328,129

Interest rate

2.44%

Loan type

New Conventional, 15 year

Seller

Paul Gerard Mathews and Charity Ann Mathews

Lender

Union Home Mortgage Corp

Loan start date

July 2013

Original loan amount

$417,000

Est. remaining balance

$302,871

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Paul Gerard Mathews and Charity Ann Mathews

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: 04/06/2025 at 3:30 AM

Listing updated: 04/04/2025 at 8:11 PM

Listed by: Frank Casadonte, Hillsborough Real Estate Group Phone #: (919) 590-8059

MLS: TriangleMLS #10086928

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