Ranch, Waterfront, Open Concept, Renovated, Minutes to UNC A Hidden Chapel Hill Ranch Some homes you have to see to believe. Hidden in the trees along Morgan Creek, this reimagined Chapel Hill ranch is one of them. From the street you'd never guess what waits inside, a private, wooded escape just minutes from UNC, downtown, and Franklin Street, where designer style meets the kind of quiet you thought you'd have to leave town to find. At the heart of this home are five designer-styled fireplaces, each one thoughtfully finished to flow with the home's aesthetic and set a mood in every space. Imagine ending your day in the primary suite, unwinding by your own private fire. Picture the four seasons room, fully heated and cooled, where a second fireplace makes it a year-round retreat to relax and take in the beauty surrounding you. Sunlight pours through this home, filling every room with warmth and highlighting the craftsmanship at every turn. The chef's kitchen pairs crisp cabinetry with warm gold fixtures and a clean quartz island built for gathering. Spa-inspired baths feature natural marble, a sculptural soaking tub, and elevated modern fixtures. Outdoor living is just as intentional. Step onto the back porch and take in your private view of the Morgan Creek stream, the perfect place to slow down and reconnect with nature. Out front, a private patio designed for entertaining welcomes friends and easy evenings. This is single-level ranch living without compromise: modern farmhouse style, five fireplaces, abundant natural light, and true indoor-outdoor living in one of the Triangle's most coveted communities, all a short drive from campus, medical facilities, shopping, and dining. Homes like this, in a setting like this, do not come up for rent often.
Sold for $400,000
$400,000
518 Morgan Creek Rd, Chapel Hill, NC 27517
3beds
2,565sqft
SingleFamily
Built in 1962
-- sqft lot
$902,400 Zestimate®
$156/sqft
$4,135 Estimated rent
Home value
$902,400
$857,000 - $948,000
$4,135/mo
Zestimate® history
Owner options
List your home for rent
$4,135/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,135/mo
Rent Zestimate®
Refinance and save
$2,522/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,522/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Elevated modern fixturesAbundant natural lightSpa-inspired bathsWarm gold fixturesNatural marbleSculptural soaking tubCrisp cabinetry
Zillow last checked:
Listing updated:
Source: Doorify MLS,MLS#: 10194043
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Ductless, Fireplace, Heat Pump
Cooling
- Air Conditioner, Central Air, Ductless, Electric, Heat Pump, Wall Unit
Appliances
- Included: Dishwasher, Energy Star Qualified Appliances, Energy Star Qualified Dishwasher, Energy Star Qualified Refrigerator, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Range, Gas Range, Gas Water Heater, Ice Maker, Microwave Oven, Range, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Electric Dryer Hookup, Hookups, Inside, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Bathtub/Shower Combination, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Ceiling Fan(s), Crown Molding, Double Vanity, Exhaust Fan, High Ceilings, Kitchen Island, Master Downstairs, Natural Woodwork, Open Floorplan, Quartz Counters, Recessed Lighting, Separate Shower, Smooth Ceilings, Soaking Tub, Stone Counters, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
- Flooring: Hardwood, Marble, Tile, Wood
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,565 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Covered, Detached, Driveway, Open, Private
- Has carport: Yes
- Has uncovered spaces: Yes
- Details: Contact manager
Features
- Stories: 1
- Patio & porch: Covered
- Exterior features: Bathtub/Shower Combination, Flood Plains, Lighting, Private Entrance, Private Yard, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Shower
- Has view: Yes
- View description: Creek/Stream, Forest, Trees/Woods
- Has water view: Yes
- Water view: Waterfront
Lot
- Features: Back Yard, Many Trees, Sloped, Sloped Down, Waterfront
Details
- Parcel number: 9787584641
Construction
Type & style
- Home type: SingleFamily
- Property subtype: SingleFamily
Condition
- Year built: 1962
Community & HOA
Community
- Deposit fee: $4,400
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $932,400
- Annual tax amount: $12,770
- Date on market: 9/21/2026
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listing removed | $4,400$2/sqft |
Source: Doorify MLS #10194043 Report a problem | ||
| 9/21/2026 | Listed for rent | $4,400+63%$2/sqft |
Source: Doorify MLS #10194043 Report a problem | ||
| 9/16/2026 | Listing removed | $934,900$364/sqft |
Source: | ||
| 9/1/2026 | Price change | $934,900-1.6%$364/sqft |
Source: | ||
| 8/17/2026 | Listed for sale | $949,900+137.5%$370/sqft |
Source: | ||
| 10/20/2025 | Sold | $400,000-61.7%$156/sqft |
Source: Public Record Report a problem | ||
| 6/5/2025 | Listing removed | $1,045,000$407/sqft |
Source: | ||
| 5/1/2025 | Price change | $1,045,000-4.9%$407/sqft |
Source: | ||
| 4/10/2025 | Listed for sale | $1,099,000+70.4%$428/sqft |
Source: | ||
| 6/19/2018 | Sold | $645,000+2.4%$251/sqft |
Source: Public Record Report a problem | ||
| 5/10/2018 | Pending sale | $630,000$246/sqft |
Source: Accord Realty Group #2189739 Report a problem | ||
| 5/5/2018 | Listed for sale | $630,000+71.2%$246/sqft |
Source: Accord Realty Group #2189739 Report a problem | ||
| 1/30/2015 | Sold | $368,000$143/sqft |
Source: Public Record Report a problem | ||
| 4/8/2014 | Listing removed | $2,700$1/sqft |
Source: Owner Report a problem | ||
| 3/15/2014 | Price change | $2,700-1.8%$1/sqft |
Source: Owner Report a problem | ||
| 3/6/2014 | Listed for rent | $2,750$1/sqft |
Source: Owner Report a problem | ||
| 8/14/2013 | Sold | $368,000-2.9%$143/sqft |
Source: Public Record Report a problem | ||
| 6/7/2013 | Listed for sale | $379,000+2.7%$148/sqft |
Source: Prudential York Simpson Underwood Realty #1894794 Report a problem | ||
| 7/13/2011 | Listing removed | $369,000$144/sqft |
Source: My Dog Tess, Inc. #1772875 Report a problem | ||
| 3/12/2011 | Listed for sale | $369,000$144/sqft |
Source: My Dog Tess, Inc. #1772875 Report a problem | ||
| 1/8/2011 | Listing removed | $369,000$144/sqft |
Source: My Dog Tess, Inc. #1724645 Report a problem | ||
| 12/4/2010 | Price change | $369,000-2.6%$144/sqft |
Source: My Dog Tess, Inc. #1724645 Report a problem | ||
| 10/16/2010 | Price change | $379,000-8.7%$148/sqft |
Source: My Dog Tess, Inc. #1724645 Report a problem | ||
| 6/11/2010 | Price change | $414,900-2.4%$162/sqft |
Source: My Dog Tess, Inc. #1724645 Report a problem | ||
| 5/29/2010 | Price change | $424,900-2.1%$166/sqft |
Source: My Dog Tess, Inc. #1724645 Report a problem | ||
| 5/8/2010 | Listed for sale | $434,000+10.7%$169/sqft |
Source: My Dog Tess, Inc. #1724645 Report a problem | ||
| 3/27/2007 | Sold | $392,000+35.2%$153/sqft |
Source: Public Record Report a problem | ||
| 9/22/2005 | Sold | $290,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $12,770 +0.6% | $932,400 -2.6% |
| 2025 | $12,694 +12.6% | $957,400 +44.8% |
| 2024 | $11,277 +6.7% | $661,200 +3.9% |
| 2023 | $10,566 +5.8% | $636,300 +1.4% |
| 2022 | $9,988 +1.3% | $627,300 |
| 2021 | $9,860 -1.5% | $627,300 +4.8% |
| 2020 | $10,007 | $598,300 +23.1% |
| 2018 | $10,007 +25% | $486,100 |
| 2017 | $8,006 +34.8% | $486,100 +37.9% |
| 2016 | $5,939 | $352,400 -20.7% |
| 2015 | $5,939 -19.4% | $444,268 |
| 2014 | $7,370 | $444,268 |
| 2013 | -- | $444,268 |
| 2012 | -- | $444,268 |
| 2011 | -- | $444,268 |
| 2010 | -- | $444,268 |
| 2009 | -- | $444,268 +21.9% |
| 2008 | -- | $364,402 |
| 2007 | $5,683 | $364,402 +12.9% |
| 2006 | -- | $322,638 |
| 2005 | $4,996 +12.7% | $322,638 +20.5% |
| 2004 | $4,432 +3.6% | $267,822 |
| 2003 | $4,280 +1.5% | $267,822 |
| 2002 | $4,218 +4.2% | $267,822 |
| 2001 | $4,047 -0.1% | $267,822 +14.2% |
| 2000 | $4,051 | $234,558 |
Find assessor info on the county website
Neighborhood: Morgan Creek
Nearby homes
- $877,1003 bd2 ba2.8k sqft329 Bayberry Dr, Chapel Hill, NC 27517Off Market
- $590,4004 bd2 ba1.7k sqft515 Morgan Creek Rd, Chapel Hill, NC 27517Off Market
- $921,1004 bd2 ba2.7k sqft327 Bayberry Dr, Chapel Hill, NC 27517Off Market
- $918,7004 bd3 ba3.4k sqft520 Morgan Creek Rd, Chapel Hill, NC 27517Off Market
- $843,4003 bd3 ba2.4k sqft513 Morgan Creek Rd, Chapel Hill, NC 27517Off Market
- $1,201,0004 bd3 ba3.2k sqft333 Bayberry Dr, Chapel Hill, NC 27517Sold
- $1,200,0005 bd3 ba2.7k sqft514 Morgan Creek Rd, Chapel Hill, NC 27517Sold
- $778,3004 bd2 ba2.4k sqft101 Morgan Bluff Ln, Chapel Hill, NC 27517Off Market
Nearby schools
GreatSchools rating
- 4/10Northside Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 6/10Grey Culbreth Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Carrboro High SchoolGrades: 9-12Distance: 2.1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$902,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$902,400
- North Carolina
- Orange County
- Chapel Hill
- 27517
- Morgan Creek
- 518 Morgan Creek Rd