721 Jones Ferry Rd, Chapel Hill, NC, 27516
About This Home
This gem is back on market due to buyer circumstances shifting! Appraisal and inspection were just fine - available upon request. 721 Jones Ferry Road is a one-of-a-kind modern masterpiece, designed by award-winning local architect Philip Szostak. This NC modernist featured home is on 4 acres, 5 minutes from UNC & every inch boasts innovative design. High ceilings, skylights, and ribbon windows allow natural light and generous views of University Lake. Sleek modernism retains functionality with hidden pantries and bookcase doors, refrigerated and charging drawers, secret drawers in nearly every room, a bonus hidden laundry room, and an art-screened jewelry rack. Enjoy the height of luxury with heated floors, a recessed airbath tub & heated back, hot tool bins, voice automated luxor shades, illuminated mirrors, and smart audio. Nearly 600square feet of pre-plumbed and heated space exist downstairs to make your own!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Foundation: Other
- Roof: Flat
- Construction materials: Brick,Glass
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary, Modern
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Bar Fridge,Built-In Range,Built-In Refrigerator,Cooktop,Dishwasher,Dryer,Exhaust Fan,Induction Cooktop,Microwave,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Oven,Washer,Wine Refrigerator
- Laundry features: Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Daylight, Exterior Entry, Heated, Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Pantry,Granite Counters,High Ceilings,Open Floorplan,Walk-In Shower,Wet Bar
- Flooring: Hardwood,Tile
- Number of fireplaces: 2
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 34
- Finished area above ground: 3,379
Heating & Cooling
- Heating features: Central,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total structure area: 3,413
- Total interior livable area: 3,413 sqft
Property
Details
- Parcel number: 9778232662
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Private Yard
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Lot size: 4.05 Acres
Parking
- Total spaces: 5
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 3
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
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,135 | $145,620 |
| Home Insurance * | $664 | $7,968 |
| Property Taxes | $2,040 | $24,480 |
| Electricity | $317 | $3,814 |
| Total | $15,156 | $181,872 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-31 | Listed for sale | $2,500,000 |
| 2025-09-25 | Pending sale | $2,500,000 |
| 2025-03-22 | Listed for sale | $2,500,000 |
| 2025-01-22 | Listing removed | $2,600,000 |
| 2024-03-14 | Listed for sale | $2,600,000 |
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