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123 Larkin Ln, Chapel Hill, NC, 27516

5beds
5baths
4,411sqft
$1,149,890
$261price/sqft
$7,835/moest. monthly cost
$313,400/yrincome needed

About This Home

Saussy Burbank craftsmanship shines in this special home offering 4400 square feet across three levels of spacious living. The main level features rich hardwood flooring, heavy crown molding throughout, a formal dining room and a private home office. The chef's kitchen is beautifully appointed with a center island, abundant custom cabinetry, gorgeous granite countertops, and stylish pendant lighting. Just beyond a butler's pantry, breakfast nook, keeping room flow seamlessly into the family room highlighted by balanced built-ins and a fireplace with hand- finished mantel. Step outside to enjoy the covered porch and adjacent grilling, perfect for relaxing or entertaining. Upstairs, the primary suite offers plentiful closet space, a spa inspired sumptuous bath featuring an oversized shower, double vanity and a soaking tub designed for ultimate relaxation. Two bedrooms share a hybrid jack and jill bath with the third bedroom having a bath ensuite. The bonus room is well sized and provides flexible living space and connects a sauna or potential additional bedroom. The third level offers exceptional flexibility with a Harlequin Cascade latch lock flooring system, making it ideal for recreation, exercise or creative pursuits. The bedroom on this level features its own bath ensuite . Enjoy the neighborhood amenities with an easy walk to the pool, or explore Carolina North with the trailhead conveniently next to the Claremont South playground, the home is also within walking distance or a short bike ride to the elementary, middle or high schools, adding exceptional convenience to its already prime location; a rare combination of space, craftsmanship and location. Hard to beat perfection, this is the one!

Getting Around

9
WalkingCar-Dependent
18
TransitMinimal Transit
59
BikeBikeable

Schools

8/10
Mcdougle Middle SchoolGrades 6-80.9 mi
9/10
Chapel Hill High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 2017

Materials

  • Roof: Shingle
  • Construction materials: HardiPlank Type,Shake Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Transitional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Gas Water Heater,Microwave,Plumbed For Ice Maker,Range Hood,Stainless Steel Appliance(s),Tankless Water Heater,Vented Exhaust Fan,Oven,Water Heater
  • Laundry features: Electric Dryer Hookup,Inside,Laundry Room,Upper Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Bookcases,Built-in Features,Pantry,Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Entrance Foyer,Granite Counters,High Ceilings,Kitchen Island,Open Floorplan,Quartz Counters,Recessed Lighting,Separate Shower,Smart Thermostat,Smooth Ceilings,Soaking Tub,Walk-In Closet(s),Walk-In Shower
  • Flooring: Carpet,Hardwood,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,411

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,411
  • Total interior livable area: 4,411 sqft

Property

Details

  • Parcel number: 9779374270
  • Zoning: PUD
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: Association,Community
  • Patio & porch: Deck,Front Porch,Patio,Rear Porch
  • Exterior features: Fenced Yard,Rain Gutters
  • Fencing: Back Yard, Fenced, Full, Other
  • Has view: Yes

Lot

  • Lot size: 7,840 sqft
  • Features: Back Yard,Front Yard,Landscaped

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Front,Inside Entrance
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Orange County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,814$69,768
Home Insurance *$318$3,816
Property Taxes $1,293$15,516
Electricity $410$4,930
Total$7,835$94,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$268,628/yr
40% on housing$235,050/yr
45% on housing$208,933/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$261This listing

vs Other Active Listings

Avg $/sqft

ZIP 27516$292
Orange County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 27516$266
Orange County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Price change$1,149,890
2026-03-06Listed for sale$1,185,000
2017-09-29Sold$702,000

For Sale by Agent

AgentJay Kennihan
BrokerageChapel Hill Realty Group, Inc.

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