490 Bear Tree Crk, Chapel Hill, NC, 27517
About This Home
Life grows beautifully at 490 Bear Tree, where timeless elegance meets modern comfort in one of the area's most desirable golf course communities. Perfectly positioned along the 5th tee of a prestigious Davis Love III signature course, this exceptional custom home offers refined living with picturesque views and a serene setting. Just moments from Jordan Lake, you'll enjoy convenient access to scenic trails, boating, fishing, and the natural beauty of the outdoors. Designed with both luxury and functionality in mind, the home features a rare first-floor primary suite along with an additional guest bedroom, ideal for multi-generational living or hosting visitors. The gourmet kitchen is a chef's dream, showcasing a stainless steel Viking range, granite countertops, and rich cherry cabinetry. The main level also offers a traditional formal dining room, thoughtfully flexible for today's lifestyle and easily suited as a home office or music room, while an open dining area connects seamlessly with the kitchen and living room, easily accommodating a large dining table, perfect for gatherings both intimate and grand. Upstairs, you'll find two spacious bedrooms, a loft-style office area, and a versatile bonus room that can easily serve as an additional bedroom, gym, or private workspace. The fully finished lower level is truly exceptional, offering a grand family room, a full bedroom suite, an entertainment bar, and a hidden wine cellar, along with a dedicated workshop, perfect for hobbies or additional storage. Outdoor living is just as impressive, with a large screened porch and deck overlooking the beautifully landscaped, fenced backyard, professionally designed for both relaxation and entertaining, ideal for pets, play, or added privacy. Additional highlights include a spacious three-car garage and ample driveway parking. Thoughtfully designed to balance openness with cozy, intimate spaces, this home provides flexibility for every lifestyle. Whether hosting gatherings or enjoying quiet evenings, the versatile floor plan makes everyday living effortless. Conveniently located near shopping, dining, and major commuting routes to Chapel Hill and RTP, this home offers the perfect blend of luxury, comfort, and accessibility.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2005
Materials
- Roof: Shingle
- Construction materials: Fiber Cement,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Exhaust Fan,Gas Oven,Gas Range,Microwave,Plumbed For Ice Maker,Washer/Dryer,Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Daylight, Finished, Full, Heated, Storage Space, Crawl Space, Walk-Out Access, Workshop
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Ceiling Fan(s),Entrance Foyer,Granite Counters,High Ceilings,In-Law Floorplan,Kitchen/Dining Room Combination,Living/Dining Room Combination,Pantry,Master Downstairs,Separate Shower,Storage,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar,Whirlpool Tub,Wired for Data
- Flooring: Carpet,Tile,Wood
- Finished area below ground: 1,999
- Finished area above ground: 2,917
Heating & Cooling
- Heating features: Fireplace Insert,Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 4,916
- Total interior livable area: 4,916 sqft
Property
Details
- Parcel number: 0077349
- Zoning: R-1
- Special condition: Standard
Features
- Levels: Tri-Level
- Stories: 1
- Pool features: Community
- Patio & porch: Deck,Front Porch,Patio,Porch,Screened
- Exterior features: Fenced Yard,Garden,Private Entrance,Private Yard,Rain Gutters,Storage
- Has view: Yes
Lot
- Lot size: 0.43 Acres
- Features: Back Yard,Front Yard,Hardwood Trees,Landscaped,On Golf Course,Private,Wooded
Parking
- Total spaces: 3
- Parking features: Driveway,Garage,Oversized
- Has garage: Yes
- Attached garage spaces: 3
- Covered 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
- Tornado
- Cold Wave
- Hail
- Hurricane
- Heat Wave
- Ice Storm
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Chatham 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 | $5,941 | $71,292 |
| Home Insurance * | $346 | $4,152 |
| Property Taxes | $704 | $8,448 |
| Electricity | $457 | $5,494 |
| Total | $7,448 | $89,376 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-20 | Listed for sale | $1,175,000 |
| 2025-03-31 | Listing removed | $3,500 |
| 2024-10-04 | Listed for rent | $3,500 |
| 2024-07-30 | Listing removed | -- |
| 2024-07-09 | Listed for rent | $3,600 |
| 2020-06-27 | Listing removed | $2,995 |
| 2020-05-29 | Listed for rent | $2,995 |
| 2017-07-08 | Listing removed | $2,995 |
| 2017-06-17 | Listed for rent | $2,995 |
| 2015-12-14 | Listing removed | $2,995 |
| 2015-11-14 | Listed for rent | $2,995 |
| 2015-04-27 | Listing removed | $2,995 |
| 2015-03-05 | Listed for rent | $2,995 |
| 2015-01-05 | Listing removed | $2,895 |
| 2014-09-30 | Listed for rent | $2,895 |
| 2014-04-08 | Listing removed | $2,895 |
| 2014-02-07 | Listed for rent | $2,895 |
| 2006-06-28 | Sold | $675,000 |
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