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121 Freedom Trl, Chapel Hill, NC, 27516

3beds
3baths
2,944sqft
$760,000
$258price/sqft
$4,774/moest. monthly cost
$190,960/yrincome needed

About This Home

Tucked away on nearly 4 private acres in the highly sought-after Chapel Hill area, this custom-built 2016 ranch home is truly something special. This beautifully crafted 1.5-story brick home, accented with stone and board-and-batten details, welcomes you with a charming covered front porch and a peaceful screened-in porch out back--perfect spots to relax and take in the serene surroundings. Inside, you'll love the thoughtful, easy-flow layout. The spacious primary suite is conveniently located on the main level, along with two additional bedrooms, a private front office, and elegant formal entry, dining, and living spaces--ideal for both everyday living and entertaining. Coming in from the garage, you're greeted by a practical drop zone and utility area with a sink, plus rear stairs leading to an expansive bonus/media room. Whether you envision movie nights, hobbies, a playroom, or your own personal retreat, this flexible space is ready to fit your lifestyle. Stroll up the charming garden path to the front entrance and step into refined interior details throughout--heavy trim accents, handsome window casements, a stunning 12-foot coffered ceiling in the great room, and a striking stone fireplace that anchors the space with warmth and character. This home blends comfort, craftsmanship, and privacy in a truly beautiful setting. Located just minutes from shopping, dining, and major conveniences, 121 Freedom Trail offers the lifestyle buyers are searching for in Chapel Hill.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
12
BikeSomewhat Bikeable

Schools

8/10
New Hope ElementaryGrades PK-52.5 mi
3/10
A L Stanback MiddleGrades 6-82.8 mi
6/10
Cedar Ridge HighGrades 9-124.5 mi

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Permanent
  • Roof: Shingle, Other
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Hardwood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 2,944

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,944
  • Total interior livable area: 2,944 sqft

Property

Details

  • Parcel number: 9861863450
  • Zoning: RB
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Has view: Yes

Lot

  • Lot size: 3.72 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • 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

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Lightning
Strong Wind
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 $3,842$46,104
Home Insurance *$210$2,520
Property Taxes $448$5,376
Electricity $274$3,290
Total$4,774$57,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,680/yr
40% on housing$143,220/yr
45% on housing$127,306/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

$258This 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
2026-05-05Price change$775,000
2026-03-12Price change$790,000
2026-02-28Listed for sale$800,000
2024-08-19Sold$760,000
2024-08-03Pending sale$775,000
2024-08-01Price change$775,000
2024-06-28Price change$780,000
2024-06-13Listed for sale$795,000
2015-01-23Sold$55,000
2011-01-31Sold$63,000
2006-01-18Sold$70,000

For Sale by Agent

AgentCayla Sienna Nicol Morris
BrokerageCompass -- Raleigh

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