97603 Franklin Rdg, Chapel Hill, NC 27517
What's special
Nestled within the premier, secure gates of Governors Club, this custom-built luxury estate perfectly blends sophisticated open-concept living with the serene ambiance of a mountain resort. From the moment you step through the front door, you are greeted by a dramatic, sun-drenched two-story entry foyer and a spectacular living room, anchored by a towering, stone fireplace that serves as the heart of the home. Designed for effortless modern living, the main level features a fluid, open floor plan that effortlessly connects the main living space to the chef's kitchen and formal dining areas. To the left of the entrance, a charming, casual seating room offers the perfect quiet sanctuary for your morning coffee or an afternoon curled up with a good book. The spectacular primary retreat is a masterclass in luxury, providing a sprawling layout with generous space for a king-sized bed and lounge area. The primary suite connects to an oversized, spa-like bathroom where the true focal point is a beautiful, free-standing soaking tub positioned to face out towards the exceptionally private side yard. The main level also features an additional, spacious guest bedroom, ideal for visitors. Head upstairs to find two more beautifully appointed, bright bedrooms sharing a cleanly designed, connected bathroom. This level also features a flex room, ideal for a private executive home office or a vibrant media/bonus room. The lower level is where this property elevates to unmatched functionality. Perfectly designed for entertainment and lifestyle versatility, it currently functions as a massive recreation space with ample room for an entertaining area and an additional home office workspace. Looking for an independent living solution? With a minor upfit, this entire lower level can effortlessly transform into a fully independent in-law, au pair, personal care assistant suite, as it already boasts a private bedroom, a large living area, and a full bathroom—it simply awaits your choice of a kitchenette! Tucked away on this level is also a vast storage room and a walk-in wine cellar.
- 79 days |
- 516 |
- 33 |
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Amanda R Baker 919-475-4514,
Howard Hanna Allen Tate Durham
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 297.96 Square Feet
- Dimensions: 15.6 x 19.1
Bedroom 2
- Level: Main
- Area: 217 Square Feet
- Dimensions: 14.0 x 15.5
Bedroom 3
- Level: Second
- Area: 169.23 Square Feet
- Dimensions: 11.2 x 15.11
Bedroom 4
- Level: Second
- Area: 342.86 Square Feet
- Dimensions: 21.7 x 15.8
Primary bathroom
- Description: Water Closet 3.10x6.4
- Level: Main
- Area: 235.56 Square Feet
- Dimensions: 15.6 x 15.1
Bathroom 2
- Level: Main
- Area: 59.94 Square Feet
- Dimensions: 5.4 x 11.1
Bathroom 3
- Description: Half Bath
- Level: Main
- Area: 36 Square Feet
- Dimensions: 4.8 x 7.5
Bathroom 4
- Description: Vanity Areas: - 4.1x4.10 - 5.11x3.7
- Level: Second
- Area: 36.9 Square Feet
- Dimensions: 9.0 x 4.1
Bonus room
- Level: Second
- Area: 286.2 Square Feet
- Dimensions: 13.5 x 21.2
Breakfast room
- Level: Main
- Area: 185.25 Square Feet
- Dimensions: 9.5 x 19.5
Dining room
- Level: Main
- Area: 283.41 Square Feet
- Dimensions: 14.1 x 20.1
Other
- Level: Main
- Area: 156.4 Square Feet
- Dimensions: 13.6 x 11.5
Family room
- Level: Main
- Area: 564.54 Square Feet
- Dimensions: 29.1 x 19.4
Kitchen
- Level: Main
- Area: 273.88 Square Feet
- Dimensions: 16.4 x 16.7
Laundry
- Level: Main
- Area: 73.83 Square Feet
- Dimensions: 6.9 x 10.7
Living room
- Level: Main
- Area: 175.5 Square Feet
- Dimensions: 13.5 x 13.0
Office
- Level: Basement
- Area: 309.42 Square Feet
- Dimensions: 19.1 x 16.2
Other
- Description: Storage
- Level: Basement
- Area: 55.08 Square Feet
- Dimensions: 6.8 x 8.1
Other
- Description: Storage
- Level: Basement
- Area: 276.8 Square Feet
- Dimensions: 16.0 x 17.3
Recreation room
- Level: Basement
- Area: 269.97 Square Feet
- Dimensions: 24.3 x 11.11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Microwave
- Laundry: Laundry Room
Features
- Flooring: Carpet, Hardwood, Tile
- Basement: Partially Finished
- Fireplace features: Living Room
Interior area
- Total structure area: 5,089
- Total interior livable area: 5,089 sqft
- Finished area above ground: 3,940
- Finished area below ground: 1,149
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 1.08 Acres
Details
- Parcel number: 0068178
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence
Materials
- Stone, Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Community Sewer
- Water: Community Water
Community & HOA
Community
- Subdivision: Governors Club
HOA
- Has HOA: Yes
- Services included: None
- HOA fee: $3,957 annually
- HOA name: CAS NC
- HOA phone: 919-942-0500
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $1,012,524
- Annual tax amount: $7,107
- Date on market: 7/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listed for sale | $1,450,000+20.8%$285/sqft |
Source:  Doorify MLS #10180158 | ||
| 12/14/2023 | Sold | $1,200,000-4%$236/sqft |
Source: Doorify MLS #2518728 | ||
| 12/1/2023 | Pending sale | $1,250,000$246/sqft |
Source: BURMLS #2518728 | ||
| 11/13/2023 | Contingent | $1,250,000$246/sqft |
Source: Doorify MLS #2518728 | ||
| 10/30/2023 | Price change | $1,250,000-7.4%$246/sqft |
Source: Doorify MLS #2518728 | ||
| 9/28/2023 | Price change | $1,350,000-6.9%$265/sqft |
Source: Doorify MLS #2518728 | ||
| 8/31/2023 | Price change | $1,450,000-3.3%$285/sqft |
Source: Doorify MLS #2518728 | ||
| 7/1/2023 | Listed for sale | $1,500,000+89.9%$295/sqft |
Source: Doorify MLS #2518728 | ||
| 9/24/2021 | Sold | $790,000-7.1%$155/sqft |
Source: Public Record | ||
| 11/16/2009 | Sold | $850,000+19.7%$167/sqft |
Source: Public Record | ||
| 12/7/2006 | Sold | $710,000$140/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,265 +27.7% | $1,012,524 +55.6% |
| 2024 | $5,689 +7.5% | $650,836 |
| 2023 | $5,291 +3.8% | $650,836 |
| 2022 | $5,096 +1.3% | $650,836 |
| 2021 | $5,031 -14.3% | $650,836 -13.8% |
| 2020 | $5,873 +5.7% | $754,941 |
| 2019 | $5,557 -0.9% | $754,941 |
| 2017 | $5,610 | $754,941 -9% |
| 2016 | $5,610 -9.6% | $829,606 |
| 2015 | $6,204 +3.7% | $829,606 |
| 2014 | $5,980 | $829,606 |
| 2013 | $5,980 | $829,606 -1.8% |
| 2012 | -- | $844,606 |
| 2011 | -- | $844,606 |
| 2010 | -- | $844,606 |
| 2009 | -- | $844,606 +22.4% |
| 2008 | -- | $689,807 |
| 2007 | $4,873 -1.3% | $689,807 -8.2% |
| 2005 | $4,935 | $751,144 |
Find assessor info on the county website
Monthly payment
Estimated market value
$1,388,300
$1.32M - $1.46M
$6,491/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.