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12044 Iredell, Chapel Hill, NC, 27517

5beds
6baths
7,389sqft
$2,600,000
$352price/sqft
$16,144/moest. monthly cost
$645,760/yrincome needed

About This Home

Discover a true architectural masterpiece set on a sprawling, level estate lot within the prestigious Governors Club—an exclusive, gated community anchored by a 27 hole Jack Nicklaus Signature Golf Course. This extraordinary residence blends modern elegance with breathtaking natural surroundings, framed by expansive windows that invite the outdoors in. Inside, every detail is a statement. Vaulted and floating ceilings and seamless indoor-outdoor transitions create a living experience that is both sophisticated and serene. Major rooms are intentionally positioned to capture tranquil views, offering comfort, style, and a constant connection to nature. Step outside to your private resort. Enjoy a firepit lounge with outdoor TV, a stunning swimming pool with swim up bar, spa, putting green, and a four-season garden—all overlooking the 7th fairway yet at the perfect amount of distance to ensure privacy. The home's quiet cul-de-sac setting is flat, a rarity within the Club and allows for easy walking to all the country club amenities. The home borders more than 38,000 acres of protected land, delivering unmatched privacy while still embracing the warmth of the Governors Club community. Extensively renovated inside and out to create a hard to beat living experience. New modern front and back doors installed, extensive landscaping, white oak floors installed where there was carpet and refinished all of the wood floors throughout the entire home to their natural state, we ripped out some of the cabinetry that dated the home and put in floating shelves in the kitchen and scullery, had a mudroom installed, refinished office including ceiling, cabinet tops and floors, ripped out the units in the primary bedroom and put in hardwood floors, finished the lower level creating a spa room, sauna, golf simulator / gym room that has a bar area w/sink, fridge and dishwasher it overlooks the pool, wine cellar 2023. New whole house water filtering system just installed. The generator was replaced in 2024, The architectural roof and 13 skylights were installed in the Fall of 2021, the pool/spa/firepit area was installed and ready for use in the Summer of 2022 - The boys wanted to keep carpet in their bedrooms so we put new carpet in and let them design their rooms, The garage holds 3 vehicles and is accessible through two doors. Located minutes from UNC, Duke, RDU Airport, RTP, restaurants, and shopping, giving it the perfect blend of luxury, privacy, and convenience. Due to water restrictions, funds towards seeding the grass will be provided.

Getting Around

1
WalkingCar-Dependent
0
TransitNo Nearby Transit
22
BikeSomewhat Bikeable

Schools

9/10
North Chatham ElementaryGrades PK-51.5 mi
6/10
Seaforth HighGrades 9-127.8 mi

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stone,Stucco,Synthetic Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Built-In Gas Oven,Built-In Range,Built-In Refrigerator,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Gas Cooktop,Gas Oven,Ice Maker,Microwave,Oven,Range,Refrigerator,Stainless Steel Appliance(s),Warming Drawer,Washer,Water Purifier,Wine Cooler
  • Laundry features: Laundry Chute,Laundry Room,Sink

Basement

  • Has basement: Yes
  • Basement: Crawl Space, Daylight, Finished, Heated, Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Built-in Features,Ceiling Fan(s),Chandelier,Kitchen Island,Pantry,Quartz Counters,Recessed Lighting,Sauna,Soaking Tub,Stone Counters,Walk-In Closet(s),Walk-In Shower
  • Window features: Skylight(s)
  • Flooring: Carpet,Hardwood,Tile,Wood
  • Number of fireplaces: 3
  • Fireplace features: Basement,Dining Room,Family Room,Fire Pit,Great Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 1,702
  • Finished area above ground: 5,687
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Heat Pump,Humidity Control

Interior Area

  • Total structure area: 7,389
  • Total interior livable area: 7,389 sqft

Property

Accessibility

  • Accessibility features: Accessible Central Living Area,Accessible Entrance

Details

  • Parcel number: 0065875
  • Zoning: R-1
  • Special condition: Seller Licensed Real Estate Professional

Features

  • Levels: Tri-Level
  • Stories: 1
  • Private pool: Yes
  • Pool features: Fenced,Heated,In Ground,Outdoor Pool,Pool/Spa Combo,Private,Salt Water,Community
  • Patio & porch: Deck,Patio,Screened,Terrace
  • Exterior features: Balcony,Barbecue,Fenced Yard,Fire Pit,Garden,Lighting,Private Yard
  • Has spa: Yes
  • Spa features: Heated,In Ground,Private
  • Fencing: Back Yard, Fenced
  • Has view: Yes
  • View description: Golf Course,Trees/Woods

Lot

  • Lot size: 1.19 Acres
  • Features: Back Yard,Cul-De-Sac,Gentle Sloping,Landscaped,On Golf Course

Parking

  • Total spaces: 4
  • Parking features: Circular Driveway,Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered 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
  • 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 $13,147$157,764
Home Insurance *$765$9,180
Property Taxes $1,544$18,528
Electricity $688$8,258
Total$16,144$193,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$553,508/yr
40% on housing$484,320/yr
45% on housing$430,506/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

$352This listing

vs Other Active Listings

Avg $/sqft

ZIP 27517$263
Chatham County$288

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
2026-07-24Listed for sale$2,600,000
2025-07-16Listing removed$2,800,000
2025-06-05Price change$2,800,000
2025-01-29Listed for sale$2,900,000
2024-11-04Listing removed$2,900,000
2024-10-27Listed for sale$2,900,000
2017-11-15Sold$830,000
2017-09-29Pending sale$845,000
2017-09-20Price change$845,000
2017-04-27Listed for sale$995,000
2017-03-10Listing removed$1,125,000
2017-01-06Price change$1,125,000
2016-05-17Listed for sale$1,188,000

For Sale by Agent

AgentKimberly Lovegrove
BrokerageGovernors Club Realty

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