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213 E Franklin St Unit 400, Chapel Hill, NC, 27514

3beds
4baths
2,455sqft
$1,999,000
$814price/sqft
$13,026/moest. monthly cost
$521,040/yrincome needed

About This Home

Experience the Pinnacle of Chapel Hill Living — The Penthouse at 213 E Franklin Street Perched atop one of the most coveted addresses in downtown Chapel Hill, this extraordinary one-level penthouse residence offers a rare opportunity to own a true architectural gem on Franklin Street. With private elevator accessdirectly to your top-floor one-level suite, enjoy complete privacy and convenience in the heart of town. Bathed in natural light from banks of East- and West-facing windows, the home showcases stunning views — including four landmark steeples and breathtaking skies from dawn to dusk. Inside, timeless hardwood floors flow throughout the open-concept living spaces, anchored by a sophisticated fireplace that invites both relaxation and refined entertaining. The top-tier kitchen features Carrara marble countertops, classic marble tile, and professional-grade Viking stainless appliances — a perfect blend of elegance and performance. With three spacious bedrooms, each with its own en-suite bathroom, plus a stylish powder room, the layout is ideal for hosting guests or accommodating family in complete comfort. The luxurious primary suite is a sanctuary unto itself, featuring dual vanities, a walk-in shower, a separate soaking tub, and charming black-and-white tile that evokes timeless hotel luxury. Additional amenities include secure 2 private garages and seperate storage — rare and valuable in a downtown setting. Step outside your door and into the cultural heartbeat of Chapel Hill — stroll to Tar Heel games, local cafés, fine dining, and everything this vibrant downtown has to offer.

Getting Around

70
WalkingVery Walkable
60
TransitGood Transit
71
BikeVery Bikeable

Schools

3/10
8/10
9/10

Construction

Condition

  • Year built: 1937

Materials

  • Foundation: Block
  • Roof: Flat, Membrane, Shingle
  • Construction materials: Block,Brick,HardiPlank Type

Type & Style

  • Home type: Condo
  • Architectural style: Local Historic Designation, Traditional
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Built-In Refrigerator,Dishwasher,Disposal,Double Oven,Gas Cooktop,Ice Maker,Range Hood,Refrigerator,Self Cleaning Oven,Stainless Steel Appliance(s),Oven,Washer,Washer/Dryer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Full, Interior Entry, Storage Space, Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Chandelier,Dual Closets,Elevator,Entrance Foyer,Granite Counters,High Speed Internet,Open Floorplan,Pantry,Master Downstairs,Walk-In Shower
  • Window features: Blinds,Double Pane Windows,Insulated Windows
  • Flooring: Ceramic Tile,Hardwood,Marble
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,455
  • Common walls with other units/homes: No Common Walls, No One Above

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,455
  • Total interior livable area: 2,455 sqft

Property

Details

  • Parcel number: 9788474898.008
  • Special condition: Trust

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Storage
  • Fencing: None
  • Has view: Yes
  • View description: Downtown

Parking

  • Total spaces: 2
  • Parking features: Assigned
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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 FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Tornado
Winter Weather
Hail
Heat Wave
Ice Storm
Strong Wind

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 $10,108$121,296
Home Insurance *$563$6,756
Property Taxes $2,127$25,524
Electricity $228$2,743
Total$13,026$156,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$446,605/yr
40% on housing$390,780/yr
45% on housing$347,360/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

$814This listing

vs Other Active Listings

Avg $/sqft

ZIP 27514$278
Orange County$271

vs Homes Sold Last Month

Median $/sqft

ZIP 27514$311
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
2026-02-16Listed for sale$1,999,000
2025-12-08Listing removed$2,195,000
2025-08-31Listed for sale$2,195,000
2018-10-25Sold$1,195,000

For Sale by Agent

AgentRebecca D Paul
BrokerageBerkshire Hathaway HomeService

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