Second star to the right and straight on 'til Tinkerbell! This magical Colony Woods home offers the space, flexibility, and a backyard that will make you think you are dreaming. Inside, hardwood floors run throughout—no carpet anywhere—while large windows fill the home with natural light. The renovated kitchen features a generous island and beautiful backyard views, with two spacious living areas, a formal dining room, and a large laundry room completing the main level. Upstairs, four bedrooms provide room for everyone and everything, whether you need sleeping space, home offices, or a little hideaway of your own. The expansive screened porch is where the magic really begins, overlooking a peaceful, secluded, fully fenced backyard filled with mature trees, fruit trees, chicken coop, and storage sheds. There is room to garden, gather, play, explore, and let your imagination run wild. Colony Woods is one of Chapel Hill's most beloved neighborhoods, known for its mature trees, spacious lots, and walkable streets where neighbors stop to talk and often become friends. No HOA; so no chance Captain Hook will squash your plans for your house and yard! Walk to Ephesus Elementary and Ephesus Park for its fantastic playground and some of the best pickleball courts around. Voluntary membership is also available at the walkable Ridgewood Club, offering a pool, playground, sand volleyball, and neighborhood fun all summer long. All of this is tucked away in a wonderfully convenient location near UNC, Duke, I-40, Trader Joe's, Whole Foods, restaurants, trails, and just about everything else. Magical, practical, and ready for its next adventure - welcome to your own little corner of Neverland.
For sale
Price cut: $15K (9/24)
$610,000
721 Tinkerbell Rd, Chapel Hill, NC 27517
4beds
1,998sqft
Single Family Residence
Built in 1964
0.42 Acres Lot
$-- Zestimate®
$305/sqft
$-- HOA
What's special
Hardwood floors run throughoutFruit treesGenerous islandMature treesBeautiful backyard viewsLarge laundry roomChicken coop
- 76 days
- 1,355
- 79
Zillow last checked:
Listing updated:
Listed by:
Thomas Kortus 919-619-5007,
Nest Realty of the Triangle
Source: Doorify MLS,MLS#: 10180753
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 165.3 Square Feet
- Dimensions: 14.5 x 11.4
Bedroom 2
- Level: Second
- Area: 125.4 Square Feet
- Dimensions: 11.0 x 11.4
Bedroom 3
- Level: Second
- Area: 95.76 Square Feet
- Dimensions: 8.4 x 11.4
Bedroom 4
- Level: Second
- Area: 136.8 Square Feet
- Dimensions: 12.0 x 11.4
Dining room
- Level: Main
- Area: 118.56 Square Feet
- Dimensions: 11.4 x 10.4
Other
- Level: Main
- Area: 81.9 Square Feet
- Dimensions: 7.8 x 10.5
Family room
- Level: Main
- Area: 198.56 Square Feet
- Dimensions: 14.6 x 13.6
Kitchen
- Level: Main
- Area: 155.25 Square Feet
- Dimensions: 13.5 x 11.5
Laundry
- Level: Main
- Area: 82.65 Square Feet
- Dimensions: 14.5 x 5.7
Living room
- Level: Main
- Area: 267.6 Square Feet
- Dimensions: 12.0 x 22.3
Heating
- Central, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Range Hood, Washer/Dryer, Water Heater
- Laundry: Laundry Room, Main Level
Features
- Entrance Foyer, Kitchen Island, Recessed Lighting, Shower Only, Bathtub/Shower Combination, Smooth Ceilings
- Flooring: Tile, Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,998
- Total interior livable area: 1,998 sqft
- Finished area above ground: 1,998
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Gravel, No Garage, Off Street, On Street, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Porch, Rear Porch, Screened
- Exterior features: Lighting, Private Yard, Rain Gutters, Storage, Fenced Yard
- Fencing: Back Yard
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.42 Acres
- Features: Back Yard, Level, Private, Hardwood Trees
- Residential vegetation: Partially Wooded
Details
- Additional structures: Poultry Coop, Storage
- Parcel number: 9799626752
- Zoning: R-1
- Special conditions: Standard
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Transitional
- Property subtype: Single Family Residence
Materials
- Brick Veneer, HardiPlank Type
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Colony Woods
HOA
- Has HOA: No
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $526,800
- Annual tax amount: $7,034
- Date on market: 7/17/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Price change | $610,000-2.4%$305/sqft |
Source:  Doorify MLS #10180753 Report a problem | ||
| 8/6/2026 | Price change | $625,000-2.3%$313/sqft |
Source: Doorify MLS #10180753 Report a problem | ||
| 7/17/2026 | Listed for sale | $640,000+110.5%$320/sqft |
Source: Doorify MLS #10180753 Report a problem | ||
| 6/29/2007 | Sold | $304,000$152/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,035 +23.2% | $526,800 +59.3% |
| 2024 | $5,711 +2.8% | $330,800 |
| 2023 | $5,557 +4.3% | $330,800 |
| 2022 | $5,329 +1.3% | $330,800 |
| 2021 | $5,261 +3.5% | $330,800 +10.3% |
| 2020 | $5,085 | $299,800 |
| 2018 | $5,085 +2.4% | $299,800 |
| 2017 | $4,966 -0.3% | $299,800 +0.7% |
| 2016 | $4,981 | $297,763 |
| 2015 | $4,981 +0.9% | $297,763 |
| 2014 | $4,936 | $297,763 |
| 2013 | -- | $297,763 |
| 2012 | -- | $297,763 |
| 2011 | -- | $297,763 |
| 2010 | -- | $297,763 |
| 2009 | -- | $297,763 +36.3% |
| 2008 | -- | $218,473 |
| 2007 | $3,525 +4.2% | $218,473 |
| 2006 | $3,383 | $218,473 |
| 2005 | $3,383 +4.2% | $218,473 +11.4% |
| 2004 | $3,247 +3.6% | $196,190 |
| 2003 | $3,135 +1.5% | $196,190 |
| 2002 | $3,090 +4.2% | $196,190 |
| 2001 | $2,964 -2.8% | $196,190 +11.1% |
| 2000 | $3,050 | $176,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Colony Woods
Nearby schools
Schools provided by the listing agent
- Elementary: Chapel Hill Carrboro - Ephesus Road Elementary School
- Middle: Chapel Hill Carrboro - Guy B Phillips Middle School
- High: Chapel Hill Carrboro - East Chapel Hill High School
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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