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For sale
    • $1,175,000

    490 Bear Tree Crk, Chapel Hill, NC 27517

    5beds
    4,916sqft
    : 
    $6,958/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2005
    0.43 Acres Lot
    $1,133,300 Zestimate®
    $239/sqft
    $67/mo HOA

    What's special

    Fully finished lower levelDedicated workshopLoft-style office areaGourmet kitchenVersatile bonus roomSerene settingSpacious three-car garage
    Motivated seller. We welcome all offers! Life grows beautifully at 490 Bear Tree, where timeless elegance meets modern comfort in one of the area's most desirable golf course communities. Perfectly positioned along the 5th tee of a prestigious Davis Love III signature course, this exceptional custom home offers refined living with picturesque views and a serene setting. Just moments from Jordan Lake, you'll enjoy convenient access to scenic trails, boating, fishing, and the natural beauty of the outdoors. Designed with both luxury and functionality in mind, the home features a rare first-floor primary suite along with an additional guest bedroom, ideal for multi-generational living or hosting visitors. The gourmet kitchen is a chef's dream, showcasing a stainless steel Viking range, granite countertops, and rich cherry cabinetry. The main level also offers a traditional formal dining room, thoughtfully flexible for today's lifestyle and easily suited as a home office or music room, while an open dining area connects seamlessly with the kitchen and living room, easily accommodating a large dining table, perfect for gatherings both intimate and grand. Upstairs, you'll find two spacious bedrooms, a loft-style office area, and a versatile bonus room that can easily serve as an additional bedroom, gym, or private workspace. The fully finished lower level is truly exceptional, offering a grand family room, a full bedroom suite, an entertainment bar, and a hidden wine cellar, along with a dedicated workshop, perfect for hobbies or additional storage. Outdoor living is just as impressive, with a large screened porch and deck overlooking the beautifully landscaped, fenced backyard, professionally designed for both relaxation and entertaining, ideal for pets, play, or added privacy. Additional highlights include a spacious three-car garage and ample driveway parking. Thoughtfully designed to balance openness with cozy, intimate spaces, this home provides flexibility for every lifestyle. Whether hosting gatherings or enjoying quiet evenings, the versatile floor plan makes everyday living effortless. Conveniently located near shopping, dining, and major commuting routes to Chapel Hill and RTP, this home offers the perfect blend of luxury, comfort, and accessibility.
    131 days
    |
    336
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ying Zhu 917-880-7587,

    Mill House Properties

    Source: Doorify MLS,MLS#: 10154099MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Fireplace Insert, Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Exhaust Fan, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Washer/Dryer, Water Heater
      • Laundry: Main Level
      Features
      • Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, In-Law Floorplan, Kitchen/Dining Room Combination, Living/Dining Room Combination, Pantry, Master Downstairs, Separate Shower, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Whirlpool Tub, Wired for Data
      • Flooring: Carpet, Tile, Wood
      • Basement: Daylight, Finished, Full, Heated, Storage Space, Crawl Space, Walk-Out Access, Workshop
      Interior area
      • Total structure area: 4,916
      • Total interior livable area: 4,916 sqft
      • Finished area above ground: 2,917
      • Finished area below ground: 1,999
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Garage, Oversized
      • Attached garage spaces: 3
      Features
      • Levels: Tri-Level
      • Stories: 1
      • Patio & porch: Deck, Front Porch, Patio, Porch, Screened
      • Exterior features: Fenced Yard, Garden, Private Entrance, Private Yard, Rain Gutters, Storage
      • Pool features: Community
      • Has view: Yes
      Lot
      • Size: 0.43 Acres
      • Features: Back Yard, Front Yard, Hardwood Trees, Landscaped, On Golf Course, Private, Wooded
      Details
      • Additional structures: Shed(s), Storage
      • Parcel number: 0077349
      • Zoning: R-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Transitional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Fiber Cement, Stone
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Clubhouse, Pool, Sidewalks, Street Lights, Tennis Court(s)
      • Subdivision: The Preserve at Jordan Lake
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Maintenance Grounds, Playground, Pool, Tennis Court(s)
      • Services included: Maintenance Grounds
      • HOA fee: $800 annually
      Location
      • Region: Chapel Hill

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $961,868
      • Annual tax amount: $6,752
      • Date on market: 3/20/2026
      • Road surface type: Asphalt

        Estimated market value

        $1,133,300

        $1.08M - $1.19M

        $5,258/mo

        Price history

        DateEventPrice
        3/20/2026Listed for sale$1,175,000+74.1%$239/sqft
        Source: Doorify MLS #10154099 Report a problem
        3/31/2025Listing removed$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        10/4/2024Listed for rent$3,500-2.8%$1/sqft
        Source: Zillow Rentals Report a problem
        7/30/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/9/2024Listed for rent$3,600+20.2%$1/sqft
        Source: Zillow Rentals Report a problem
        6/27/2020Listing removed$2,995$1/sqft
        Source: Real Estate Experts #2321754 Report a problem
        5/29/2020Listed for rent$2,995$1/sqft
        Source: Real Estate Experts #2321754 Report a problem
        7/8/2017Listing removed$2,995$1/sqft
        Source: Real Estate Experts #2134941 Report a problem
        6/17/2017Listed for rent$2,995$1/sqft
        Source: Real Estate Experts #2134941 Report a problem
        12/14/2015Listing removed$2,995$1/sqft
        Source: Visual Tour #2038884 Report a problem
        11/14/2015Listed for rent$2,995$1/sqft
        Source: Real Estate Experts #2038884 Report a problem
        4/27/2015Listing removed$2,995$1/sqft
        Source: Visual Tour #1993124 Report a problem
        3/5/2015Listed for rent$2,995+3.5%$1/sqft
        Source: Real Estate Experts #1993124 Report a problem
        1/5/2015Listing removed$2,895$1/sqft
        Source: Visual Tour #1930418 Report a problem
        9/30/2014Listed for rent$2,895$1/sqft
        Source: Visual Tour #1930418 Report a problem
        4/8/2014Listing removed$2,895$1/sqft
        Source: Visual Tour #1930418 Report a problem
        2/7/2014Listed for rent$2,895$1/sqft
        Source: Team Jodi Realty Inc. #1930418 Report a problem
        6/28/2006Sold$675,000$137/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,909 +16.8%$961,868 +42%
        2024$5,915 +7.4%$677,415
        2023$5,507 +3.8%$677,415
        2022$5,304 -3.7%$677,415 -4.9%
        2021$5,508 +11.8%$712,519 +12.6%
        2020$4,924 +5.7%$632,946
        2019$4,659 -1.3%$632,946
        2017$4,718 $632,946
        2016$4,718 -0.8%$632,946
        2015$4,755 +3%$632,946
        2014$4,618 $632,946
        2013$4,618 $632,946
        2012-- $632,946
        2011-- $632,946
        2010-- $632,946
        2009-- $632,946 +8.8%
        2008-- $581,820
        2007$4,110 $581,820
        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.
        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.
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        Climate risks

        Neighborhood: 27517

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Chatham - North Chatham Elementary
        • Middle: Chatham - Margaret B Pollard Middle School
        • High: Chatham - Northwood 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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