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Pending
    • Price cut: $5K (7/19)
    $644,000

    306 Papyrus Pl, Hillsborough, NC 27278

    5beds
    3,180sqft
    : 
    $4,050/mo
    Get pre-qualified
    Single Family Residence
    Built in 2017
    8,712 Square Feet Lot
    $633,300 Zestimate®
    $203/sqft
    $104/mo HOA

    What's special

    Tray ceilingAdjoining deckSeparate tiled showerScreened porchTwo walk-in closetsDual-sink vanityGarden tub
    Welcome to this exceptional home in the highly sought-after Waterstone community of Hillsborough! Meticulously maintained and thoughtfully designed, this spacious residence offers an open-concept main level that seamlessly connects the kitchen, dining, and family rooms—perfect for everyday living and effortless entertaining. Large windows fill the home with natural light and open to a screened porch and adjoining deck overlooking a private, fenced backyard with peaceful wooded views. The modern kitchen is a chef's delight, featuring a center island with granite countertops, stainless steel appliances, and a classic subway tile backsplash. Just off the foyer, a dedicated home office with French doors provides the ideal space for working remotely or quiet study. Upstairs, you'll find three secondary bedrooms, a convenient laundry room, and a luxurious owner's suite complete with a tray ceiling, dual-sink vanity, garden tub, separate tiled shower, and two walk-in closets. The versatile third floor offers the perfect flex space for a bonus room, media room, playroom, or fifth bedroom. The finished basement expands the living space even further with an additional bedroom, bonus room, full bathroom, and abundant storage. Residents of Waterstone enjoy outstanding community amenities, including a swimming pool, playground, and picnic area, along with convenient access to I-40/I-85, shopping, dining, and all that Hillsborough has to offer. Don't miss the opportunity to own this beautifully appointed home in one of Hillsborough's most desirable neighborhoods!
    133 days
    97
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Lange 919-601-2012,

    Coldwell Banker HPW,

    Hank Rather 919-740-9457,

    Coldwell Banker HPW

    Source: Doorify MLS,MLS#: 10163776MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 223.48 Square Feet
      • Dimensions: 15.1 x 14.8
      Bedroom 2
      • Level: Second
      • Area: 153.12 Square Feet
      • Dimensions: 11.6 x 13.2
      Bedroom 3
      • Level: Second
      • Area: 178.71 Square Feet
      • Dimensions: 11.1 x 16.1
      Bedroom 4
      • Level: Basement
      • Area: 98.09 Square Feet
      • Dimensions: 12.11 x 8.1
      Bedroom 5
      • Level: Third
      • Area: 291.81 Square Feet
      • Dimensions: 21.3 x 13.7
      Dining room
      • Level: Main
      • Area: 144.96 Square Feet
      • Dimensions: 15.1 x 9.6
      Family room
      • Level: Main
      • Area: 236.82 Square Feet
      • Dimensions: 16.11 x 14.7
      Kitchen
      • Level: Main
      • Area: 170.63 Square Feet
      • Dimensions: 15.1 x 11.3
      Laundry
      • Level: Second
      • Area: 42.66 Square Feet
      • Dimensions: 5.4 x 7.9
      Living room
      • Level: Main
      • Area: 99.19 Square Feet
      • Dimensions: 9.1 x 10.9
      Recreation room
      • Level: Basement
      • Area: 307.53 Square Feet
      • Dimensions: 15.3 x 20.1
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Dual
      Appliances
      • Included: Dishwasher, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator
      • Laundry: Laundry Room, Upper Level
      Features
      • Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Storage, Tray Ceiling(s), Walk-In Closet(s), Kitchen/Dining Room Combination, Separate Shower, Smooth Ceilings
      • Flooring: Carpet, Hardwood, Tile
      • Basement: Exterior Entry,Finished,Storage Space,Heated
      Interior area
      • Total structure area: 3,180
      • Total interior livable area: 3,180 sqft
      • Finished area above ground: 2,474
      • Finished area below ground: 706

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: Tri-Level
      • Stories: 2
      • Patio & porch: Deck, Screened
      Lot
      • Size: 8,712 Square Feet
      • Features: Landscaped
      Details
      • Parcel number: 9873362611
      • Zoning: ESU
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Transitional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Waterstone
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Park, Playground, Pool
      • Services included: Maintenance Grounds
      • HOA fee: $623 semi-annually
      • HOA name: Waterstone Residential Neighborhood
      • HOA phone: 919-233-7660
      Location
      • Region: Hillsborough

      Financial & listing details

      • Price per square foot: $203/sqft
      • Tax assessed value: $669,600
      • Annual tax amount: $7,709
      • Date on market: 4/30/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $633,300

        $602,000 - $665,000

        $2,756/mo

        Price history

        DateEventPrice
        8/11/2026Pending sale$644,000$203/sqft
        Source: Doorify MLS #10163776 Report a problem
        7/19/2026Price change$644,000-0.8%$203/sqft
        Source: Doorify MLS #10163776 Report a problem
        6/27/2026Price change$649,000-3.9%$204/sqft
        Source: Doorify MLS #10163776 Report a problem
        6/3/2026Price change$675,000-0.7%$212/sqft
        Source: Doorify MLS #10163776 Report a problem
        4/30/2026Listed for sale$680,000+5.1%$214/sqft
        Source: Doorify MLS #10163776 Report a problem
        6/2/2023Sold$647,000-1.8%$203/sqft
        Source: Doorify MLS #2504111 Report a problem
        4/28/2023Contingent$659,000$207/sqft
        Source: Doorify MLS #2504111 Report a problem
        4/13/2023Listed for sale$659,000+71.4%$207/sqft
        Source: Doorify MLS #2504111 Report a problem
        2/12/2018Sold$384,500$121/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,952 +22.1%$669,600 +56.6%
        2024$6,512 +5.8%$427,500 +2.4%
        2023$6,157 +0.3%$417,600
        2022$6,139 +0.9%$417,600
        2021$6,087 +0.2%$417,600 +6%
        2020$6,078 $393,900 +46.8%
        2018$6,078 +51.1%$268,400 +312.9%
        2017$4,022 $65,000
        2016-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 27278

        Getting around

        9 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Orange - New Hope Elementary
        • Middle: Orange - A L Stanback Middle
        • High: Orange - Cedar Ridge High

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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