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$1,250,000

Beds
5
Baths
4.5
sq ft
3,823

81002 Alexander, Chapel Hill, NC 27517

81002 Alexander

Chapel Hill, NC 27517

  • 48 days on market
The Governors Club neighborhood welcomes you home to this one-of-a-kind property located on the edge of Lake Morehead, with breathtaking views from nearly every window of the house. Step inside your new retreat, offering a quiet and tranquil atmosphere with few neighbors at the end of a cul-de-sac. Wake up to spectacular lake views every morning, visible through your primary suite's deck access, where white egrets grace you with their presence on the water's edge to catch their morning breakfast. Panoramic scenes that unfold can be experienced from multiple rooms throughout this spacious home, offering 5 bedrooms and 4.5 bathrooms. This open concept floor plan provides ample options with a Primary Suite Downstairs and a Primary Suite Upstairs, each with inviting views of the water. Both secondary bedrooms upstairs each have their own en-suite bathroom for convenience. The property boasts new cherry hardwood floors, a brand new roof with upgrades galore in 2023, walk in attic storage, large skylights, a long deck with screened-in gazebo, and offers easy street level access. A 5th Bedroom offers flex space as a nursery or office with built in bookshelves for anyone needing to work from home. Enjoy brunch in your screened-in gazebo or sip coffee on your expansive deck facing the serene waters. When it's time to get your hands dirty, the garage has an oversized workshop perfect for the hobby enthusiast. And the property boasts 3 separate spaces for storage, including walk-in attic space. In addition, discover the new lifestyle that awaits you in the nationally recognized golf community offering two gated entrances that are monitored 24/7 by Security Personnel for your utmost safety and security. The optional Club Membership offers a prestigious 27-Hole Jack Nicklaus Signature Golf Course, an exquisite Clubhouse containing 400+ Social events throughout the year, Fine Dining at the 2 Restaurants on site, plus an Outdoor Terrace, Summer Grill, and Full-Service Bar. The Wellness Center, just a 2 minute drive, contains a myriad of options for those wanting to stay fit! The Aquatic Center has an outdoor Olympic sized pool with an expansive patio, plus a kids splash zone, and a year around Indoor Heated Lap Pool that offers Aerobics classes. Adjacent the pools, you will find a state-of-the art Cardio Center, options for physical therapy, fitness classes, strength training, personal training, and yoga classes. The neighborhood also offers 8 lighted Tennis Courts, plus 4 lighted Pickleball Courts for the racquet enthusiast. For the kids, youth summer camps are offered as well as junior tennis and golf clinics, family nights, and social events throughout the year. There is also a large playground near the lighted courts, a splash zone, and water slide. And bonus, Governors Club also just hired a youth Director for future growth and opportunities for children. Not to mention, this property is perfectly located within a short drive to so many places, including just 15 mins to UNC Chapel Hill, 20 mins to the Streets at Southpoint, 30 mins to RDU Airport and RTP, and 35 mins to DT Durham. If you love outdoor recreation, it is just a few miles from Jordan Lake with recreation for swimming, boating, fishing, hiking, biking, or camping. This isn't just a house, it's a once in a lifetime opportunity to exhibit the lifestyle you've always dreamed of.

Details

Property type

Single Family Residence

Est. home value

$1,018,504

Lot size

0.28 acres

Price per sq ft

$327

Year built

1993

Annual property taxes

$5,763.42

Monthly HOA fee

$318.33

Price History

02/21/2025
TriangleMLS

TriangleMLS #10069317

Listed
$1,250,000
02/16/2025
TriangleMLS

TriangleMLS #10069317

Pending
$1,250,000
01/05/2025
TriangleMLS

TriangleMLS #10069317

Listed
$1,250,000
+119.3%

Schools & Community

Elementary school: 

Chatham - N Chatham

Middle school: 

Chatham - Margaret B Pollard

High school: 

Chatham - Seaforth

Community features: 

Pool, Clubhouse, Fishing, Fitness Center, Gated, Golf, Lake, Playground, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

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

Countrywide Home Loans Inc

Loan start date

June 2005

Original loan amount

$430,000

Est. remaining balance

Not provided

Interest rate

1.37%

Loan type

Assumption, 30 year

Seller

Jay Jones and Desiree Patno

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?

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Status: Active

Tomo last checked: 02/23/2025 at 6:20 AM

Listing updated: 02/22/2025 at 9:10 PM

Listed by: Mikaela Rojas, EXIT REALTY PREFERRED Phone #: (919) 706-7778

MLS: TriangleMLS #10069317

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