A mid-century “masterpiece” has been renovated at 2312 Honeysuckle Court in Chapel Hill.
It’s now newly listed and, judging by the hundreds of views and saves on Zillow (and updated pending status), this is a “grab it before you miss it” type listing .
“Words simply cannot do this home justice,” agent Jaye Kreller said in the listing.
Built in 1969, the 3,281-square-foot, two-story home is in Chapel Hill’s historic Lake Forest neighborhood.
From the street, it’s almost indistinguishable: a mix of red brick and thin plywood siding, freshly painted Sherwin Williams-Riverway green, to blend in with the surrounding foliage. A wraparound porch gives the illusion of hanging in the trees.
But step inside, past the shock-red front door, it’s an ode to mid-century modern living: a split-level entry, cathedral ceilings, exposed beams, a wall of glass windows.
Although it has been renovated with the latest appliances and finishes, its “architectural vision” remains completely intact,” said Kreller, a real estate agent with Carrboro-based Inhabit Real Estate.
Even the living room’s brand new geometric wallpaper is a nod to its past.
But it’s not cheap. The five bedrooms and three and a half bathrooms cost $1.2 million, or about $366 per square foot. Homeowners association fees are approximately $540 per year.
It last sold in 2009 for $420,000, records show.
“Some people live in a beautiful house, and some people live in a work of art,” Kreller said.
An additional advantage: its exceptional location.
The neighborhood is located around Eastwood Lake and walking trails. It’s about a seven-minute drive to Village Plaza (Whole Foods, Jersey Mike’s, PTA Thrift Shop) and Eastgate Shopping Center (Trader Joe’s, Starbucks, Bruegger’s Bagels, The Loop) and the Chapel Hill Public Library.
Many of the neighborhood’s homes, built in the 1950s, have been modernized and expanded. Many have been demolished and rebuilt. Lots range from 0.3 to 1.7 acres. Homes typically sell for between $400,000 and over $800,000. Eastwood Lake privileges are included in the annual fee.
Only serious buyers should apply. The announcement was subject to a strict deadline: offers had to be submitted before Monday, May 27 at 11 a.m.
Less than 11 days on the market, home is listed as “pending”. Not bad in a sluggish market where homes are staying on the market longer amid high mortgage rates.
In April, the median (mid-point) price of a single-family home in Chapel Hill was $548,000, according to Redfin. This represents a drop of 24.4% year-on-year.
On average, Chapel Hill homes sell after 11 days on the market, compared to 34 days last year.
The News & Observer’s Inside Look takes readers behind the scenes to shine a light on the people and places in our community.
yahoo
