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68 Willow Way, Chapel Hill, NC, 27516

4beds
2baths
1,356sqft
$465,000
$343price/sqft
$2,974/moest. monthly cost
$118,960/yrincome needed

About This Home

Beautifully updated 4-bedroom, 2-bath home in the highly sought-after Chatham development, set on a private 0.47-acre wooded lot. This move-in ready property features a functional split floor plan with two bedrooms on the main level and two upstairs, a spacious family room with a cozy wood-burning fireplace, and bright, modern finishes throughout. Located in a peaceful neighborhood close to shopping, dining, major routes, and top-rated schools, this home offers the perfect blend of comfort and convenience -- with golf and everyday amenities just minutes away. Best of all, this property is an active, income-producing Airbnb, making it a fantastic investment opportunity or primary residence with built-in rental potential. Don't miss this rare chance to own in one of the area's most desirable communities!

Getting Around

4
WalkingCar-Dependent
0
TransitNo Nearby Transit
13
BikeSomewhat Bikeable

Schools

4/10
Chatham Grove ElementaryGrades PK-52.0 mi
8/10
Northwood HighGrades 9-126.5 mi

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Wood Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,356

Heating & Cooling

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

Interior Area

  • Total structure area: 1,356
  • Total interior livable area: 1,356 sqft

Property

Details

  • Parcel number: 0002260
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 1
  • Has view: Yes

Lot

  • Lot size: 0.47 Acres

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

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

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Hurricane
Heat Wave
Inland Flooding
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 $2,351$28,212
Home Insurance *$128$1,536
Property Taxes $295$3,540
Electricity $200$2,405
Total$2,974$35,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,965/yr
40% on housing$89,220/yr
45% on housing$79,306/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: 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

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 27516$292
Chatham County$289

vs Homes Sold Last Month

Median $/sqft

ZIP 27516$266
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
2026-03-26Price change$465,000
2026-03-10Price change$490,000
2026-03-04Price change$549,000
2026-02-22Listed for sale$595,000
2026-01-08Listing removed$3,900
2025-12-08Price change$3,900
2025-11-15Price change$3,000
2025-11-09Price change$3,900
2025-08-22Listed for rent$4,500
2025-05-11Listing removed$3,800
2025-04-23Listed for rent$3,800
2024-05-27Listing removed--
2024-04-05Price change$3,200
2024-04-03Listed for rent$3,500
2023-07-23Listing removed--
2023-06-07Listed for rent$3,200
2023-05-11Sold$300,000
2023-04-14Pending sale$250,000
2023-04-13Contingent$250,000
2023-04-11Listed for sale$250,000

For Sale by Agent

AgentNadia Mansar
BrokerageFathom Realty NC, LLC

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