See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

23101 Umstead, Chapel Hill, NC, 27517

5beds
6baths
7,500sqft
$4,880,000
$651price/sqft
$29,331/moest. monthly cost
$1,173,240/yrincome needed

About This Home

To Be Built | Custom Estate by BOLD Construction. Rare opportunity to build a fully custom executive estate on one of the last premier, level 1-acre homesites in Governors Club, home to the Jack Nicklaus 27-hole Signature Golf Course. Proposed 7,500+ SF luxury residence, fully customizable. Buyer guides architectural style and selections. Concept plan includes owner's wing, multiple main-level bedrooms, expansive kitchen, 4-car garage, theatre, fitness center, elevator, golf/sports simulator, pool, spa, pool bath, outdoor living, and so much more. Minutes to UNC, Duke, RTP, RDU, Chatham Park and great medical. Plans and photos represent EXAMPLES of prior builds. Final pricing subject to plan, selections, and site conditions

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

9/10
North Chatham ElementaryGrades PK-51.4 mi
5/10
Seaforth HighGrades 9-107.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2028

Materials

  • Foundation: See Remarks
  • Roof: Other
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2028

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod, Contemporary, Craftsman, Farmhouse, Modern, Ranch, Traditional, Transitional
  • Property subType: Single Family Residence,Residential

Interior

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • See Remarks
  • Flooring: Wood,See Remarks
  • Finished area below ground: 2,500
  • Finished area above ground: 5,000
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 7,500
  • Total interior livable area: 7,500 sqft

Property

Details

  • Parcel number: 0065593
  • Zoning: R-1
  • Special condition: Seller Licensed Real Estate Professional

Features

  • Levels: Three Or More, Two
  • Has view: Yes

Lot

  • Lot size: 1.15 Acres
  • Features: Wooded

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Chatham 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 $24,675$296,100
Home Insurance *$1,437$17,244
Property Taxes $2,521$30,252
Electricity $698$8,382
Total$29,331$351,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,005,634/yr
40% on housing$879,930/yr
45% on housing$782,160/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.4%
3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$651This listing

vs Other Active Listings

Avg $/sqft

ZIP 27517$258
Chatham County$286

vs Homes Sold Last Month

Median $/sqft

ZIP 27517$250
Chatham County$256

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
2026-03-07Listed for sale$4,880,000

New Construction

AgentJill Ehrenfeld
BrokerageGovernors Club Realty

Similar Homes