Nestled within the spectacular gated Governors Club community, home to a renowned 27-hole Jack Nicklaus Signature golf course, this exceptional lakefront residence offers an extraordinary blend of luxury, comfort, and natural beauty. Perfectly positioned overlooking Lake Morehead, the home captures breathtaking water views and vibrant seasonal foliage, creating a private retreat just minutes from UNC, Duke, world-class healthcare, shopping, dining, and countless local amenities. Meticulously maintained and thoughtfully updated, this 4-bedroom, 3.5-bath home offers 3,827 square feet of beautifully designed living space with an open floor plan ideal for both everyday living and elegant entertaining. A welcoming front porch and gracious foyer set the tone for the warm and inviting interiors beyond. The main level features updated flooring throughout, soaring cathedral ceilings in the family room, and a gas log fireplace that serves as a stunning focal point. Walls of windows frame picturesque lake views while filling the home with natural light. The spacious kitchen is designed for gathering, offering granite countertops, a center island, breakfast bar, and seamless flow to the living and dining areas. Framed by sweeping views of Lake Morehead, the enclosed sunroom is a standout feature of the home, offering an exceptional vantage point to enjoy the tranquil waterfront setting throughout the year. The main-level primary suite is thoughtfully designed for comfort and privacy, featuring updated carpeting, dual closets, and a spa-inspired bath with dual vanities, a whirlpool tub, walk-in shower, and private water closet. Outdoor living is equally impressive. Beautifully landscaped grounds include a walkway leading to the rear of the home, updated exterior and landscape lighting, and a covered stone patio where you can relax for hours while enjoying stunning lake views and observing cranes, turtles, and other wildlife in their natural habitat. Upstairs, spacious secondary bedrooms are complemented by a versatile loft ideal for a home office, study area, reading nook, or creative space. Exceptional storage includes a cedar closet and two walk-in attic spaces. Additional updates and features include an epoxy-coated garage floor, updated garage door, tankless water heater, updated heating and air systems on the main and upper levels, and exterior paint completed within the past three years. This is a rare opportunity to enjoy lakefront living within one of the Triangle's most sought-after private golf communities, where luxury, convenience, and breathtaking natural surroundings come together beautifully.
For sale
Price cut: $64K (7/14)
$1,025,000
81006 Alexander, Chapel Hill, NC 27517
4beds
3,827sqft
Single Family Residence, Residential
Built in 1995
9,583 Square Feet Lot
$998,400 Zestimate®
$268/sqft
$330/mo HOA
What's special
Natural lightBeautifully landscaped groundsBreakfast barWelcoming front porchLakefront residenceWalk-in showerCenter island
- 85 days
- 1,595
- 59
Zillow last checked:
Listing updated:
Listed by:
Jennifer Guyer Stenner 919-636-0999,
Coldwell Banker HPW Pittsboro,
Rachael Elliott 919-616-4141,
Coldwell Banker - HPW
Source: Doorify MLS,MLS#: 10172586
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric, Natural Gas
Cooling
- Central Air, Electric, Gas, Zoned
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer
- Laundry: Laundry Room, Main Level, Sink
Features
- Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Cedar Closet(s), Ceiling Fan(s), Chandelier, Double Vanity, Dual Closets, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Master Downstairs, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet, Whirlpool Tub
- Flooring: Carpet, Hardwood, Tile
- Basement: Daylight, Exterior Entry, Finished, Heated, Interior Entry, Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas Log
Interior area
- Total structure area: 3,827
- Total interior livable area: 3,827 sqft
- Finished area above ground: 3,098
- Finished area below ground: 729
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Garage Door Opener, Garage Faces Front
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Front Porch, Patio
- Exterior features: Lighting, Smart Irrigation
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Front, Lake Privileges, Waterfront
- Body of water: Lake Morehead
Lot
- Size: 9,583 Square Feet
- Dimensions: 114 x 84 x 95 x 79
- Features: Hardwood Trees, Landscaped, Sprinklers In Front
Details
- Parcel number: 0067458
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Brick, HardiPlank Type
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Governors Club
HOA
- Has HOA: Yes
- Amenities included: Dog Park, Gated, Pond Year Round, Trail(s)
- Services included: Road Maintenance
- HOA fee: $3,955 annually
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $786,527
- Annual tax amount: $5,521
- Date on market: 6/8/2026
- Road surface type: Concrete
Estimated market value
$998,400
$948,000 - $1.05M
$4,587/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $1,025,000-5.9%$268/sqft |
Source: | ||
| 6/8/2026 | Listed for sale | $1,089,000+96.2%$285/sqft |
Source: | ||
| 7/31/2020 | Sold | $555,000-3.5%$145/sqft |
Source: | ||
| 6/17/2020 | Pending sale | $575,000$150/sqft |
Source: Howard Perry & Walston Realtor #2277100 Report a problem | ||
| 5/8/2020 | Price change | $575,000-2.5%$150/sqft |
Source: Coldwell Banker Howard Perry and Walston #2277100 Report a problem | ||
| 9/7/2019 | Price change | $590,000-6.3%$154/sqft |
Source: Coldwell Banker Howard Perry and Walston #2277100 Report a problem | ||
| 3/10/2019 | Listed for sale | $630,000+10.5%$165/sqft |
Source: Accord Realty Group #2241252 Report a problem | ||
| 11/1/2011 | Sold | $570,000$149/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,678 +20.1% | $786,527 +46.1% |
| 2024 | $4,729 +8.1% | $538,298 |
| 2023 | $4,376 +5.8% | $538,298 +1.9% |
| 2022 | $4,135 +2.5% | $528,109 +1.2% |
| 2021 | $4,035 +5.7% | $521,947 +6.4% |
| 2020 | $3,817 +5.7% | $490,665 |
| 2019 | $3,612 -1.8% | $490,665 |
| 2017 | $3,678 | $490,665 -15% |
| 2016 | $3,678 -15.3% | $577,254 |
| 2015 | $4,344 | $577,254 |
| 2014 | -- | $577,254 |
| 2013 | -- | $577,254 |
| 2012 | -- | $577,254 |
| 2011 | -- | $577,254 |
| 2010 | -- | $577,254 |
| 2009 | -- | $577,254 +15.6% |
| 2008 | -- | $499,235 |
| 2007 | $3,527 +7.5% | $499,235 |
| 2005 | $3,280 | $499,235 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Governors Club
Nearby schools
Schools provided by the listing agent
- Elementary: Chatham - North Chatham Elementary
- Middle: Chatham - Margaret B Pollard Middle School
- High: Chatham - Seaforth 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.








