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For sale
  • $1,025,000

    3108 Gait Way, Chapel Hill, NC 27516

    4beds
    3,141sqft
    : 
    $6,182/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2004
    10.01 Acres Lot
    $939,500 Zestimate®
    $326/sqft
    $42/mo HOA

    What's special

    Experience the quintessential charm of North Carolina living with this expansive estate, offering an unmatched combination of space, privacy, and exceptional convenience. Nestled on a sprawling 10-acre lot, this property stands as one of the largest homes with acreage available in the highly sought-after Chapel Hill area. From the moment you arrive, the soothing crunch of the gravel road welcomes you home. A classic rocking chair front porch spans the front of the residence, providing the perfect venue to sip morning coffee, unwind in the evenings, and comfortably greet visiting guests. Cherished by only one family since its construction, this grand home boasts a generous layout designed for seamless everyday living and effortless entertaining. While the property exhibits some imperfections reflecting its rich history of family life, the sellers are transparent about its condition, offering a rare opportunity for a buyer looking to personalize a significant estate. To ensure a seamless transaction, the sellers have intentionally positioned this property to sell as-is and are providing a home warranty for added peace of mind. A professional listing inspection has already been completed, and the sellers are fully prepared to share the report with serious buyers. This structure provides complete clarity up front, allowing you to appreciate the absolute peace and tranquility of a 10-acre retreat without sacrificing proximity to modern conveniences. This estate is exceptionally well-located, keeping you just minutes away from everything the Chapel Hill area has to offer, including premier dining, shopping, cultural attractions, and top-tier schools.
    7 days
    |
    519
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Martin 910-691-4216,

    Redfin Corporation

    Source: Doorify MLS,MLS#: 10182318MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Baseboard, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker, Range Hood, Oven, Water Heater
      • Laundry: Laundry Closet, Main Level
      Features
      • Bathtub Only, Bookcases, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Master Downstairs, Recessed Lighting, Separate Shower, Shower Only, Smooth Ceilings, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
      • Flooring: Carpet, Ceramic Tile, Hardwood
      • Number of fireplaces: 1
      • Fireplace features: Family Room
      Interior area
      • Total structure area: 3,141
      • Total interior livable area: 3,141 sqft
      • Finished area above ground: 3,141
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Circular Driveway, Driveway, Garage Faces Side, Gravel, Paved, Storage
      • Attached garage spaces: 2
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Deck, Front Porch, Patio, Wrap Around
      • Exterior features: Fenced Yard, Private Yard, Storage
      • Fencing: Back Yard, Fenced
      • Has view: Yes
      Lot
      • Size: 10.01 Acres
      • Features: Level, Wooded
      Details
      • Additional structures: Shed(s)
      • Parcel number: 9749666965
      • Zoning: R1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Masonite
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well

      Community & HOA

      Community
      • Subdivision: Covered Bridge
      HOA
      • Has HOA: Yes
      • Services included: None
      • HOA fee: $500 annually
      Location
      • Region: Chapel Hill

      Financial & listing details

      • Price per square foot: $326/sqft
      • Tax assessed value: $782,300
      • Annual tax amount: $5,541
      • Date on market: 7/31/2026

        Estimated market value

        $939,500

        $846,000 - $1.03M

        $3,498/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$1,025,000+1165.4%$326/sqft
        Source: Doorify MLS #10182318 Report a problem
        3/5/2004Sold$81,000$26/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,679 +5.4%$782,300 +40.9%
        2024$5,389 +2.8%$555,300
        2023$5,240 +1.5%$555,300
        2022$5,161 +2.5%$555,300
        2021$5,036 +5.2%$555,300 +11.9%
        2020$4,788 $496,400
        2018$4,788 +2.1%$496,400
        2017$4,691 -5.8%$496,400 -3.4%
        2016$4,980 $513,981
        2015$4,980 +1.5%$513,981
        2014$4,908 $513,981
        2013-- $513,981
        2012-- $513,981
        2011-- $513,981
        2010-- $513,981
        2009-- $513,981 +26.8%
        2008$4,009 +5%$405,312
        2007$3,818 +7.4%$405,312
        2006$3,555 $405,312
        2005$3,555 $405,312
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27516

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Orange County Schools
        • Middle: Orange County Schools
        • High: Orange County Schools

        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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