Off Market Apr 2023 for $510K

$539,189

Est. refi paymentEst. refi $3,039/mo

•

2,302

sq ft

1005 Wave Rd, Chapel Hill, NC 27517

About this home

Perched among the trees, on a serene, private street, sits the perfect home for every season. This remarkable treehouse near the Obie Creek offers panoramic nature views from the beautifully appointed 300 square-foot sunroom with vaulted ceilings and the family room with several generously-sized windows. Light dances through the many skylights and solar tubes, glistening on the maple wood cabinets custom-designed by the owner, a master cabinetmaker. Avid gardeners will excitedly flex their green thumbs on the hills and walkways, where over 60 splendorous white, pink and red Azaleas and Rhododendrons bloom during the spring and early summer. The finished walk-out basement offers 784 square feet of opportunities for various hobbies and lifestyles, including a home office, recreational room, storage or workshop. Wave Road is superbly located! This property is across from gorgeous Southern Village, offering restaurants, markets, stores and community events; 10 minutes from downtown Carrboro-Chapel Hill; and 25 minutes from Research Triangle Park and RDU International. Enjoy Chapel Hill Schools & Orange County taxes!

Single-familyProperty Type

1972Year Built

0.47 acresLot Size

$234Est. Price/Sq.Ft.

1 car garageParking

Listed by Aileen Stapleton & Giselle Feiger, Brokers Stapleton • Hodge&KittrellSothebysIntlRlty

Listed by Giselle Feiger • Hodge&KittrellSothebysIntlRlty

Bought with Ryan Cassidy • Mallard Realty Group

Redfin checked: 2 minutes ago

•Source:TMLS #2501892

Redfin Estimate

$539,189

$29K since sold in April 2023$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.6% lower than the average sale price ($571K) of 6 comparable homes.

SOLD JUL 16, 2026
$465,000
A
4 beds2.5 baths2,030 sq ft
15 Abbey Rd, Chapel Hill, NC 27516
SOLD AUG 7, 2026
$560,000
B
4 beds3 baths2,014 sq ft
304 Brandywine Rd, Chapel Hill, NC 27516
SOLD AUG 26, 2026
$680,000
C
3 beds3 baths2,244 sq ft
108 Eastgreen Dr, Chapel Hill, NC 27516
SOLD FEB 25, 2026
$535,000
D
4 beds2.5 baths2,127 sq ft
313 Yorktown Dr, Chapel Hill, NC 27516
SOLD AUG 31, 2026
$587,500
E
5 beds3 baths2,323 sq ft
508 Yorktown Dr, Chapel Hill, NC 27516
SOLD MAY 8, 2026
$600,000
F
4 beds3 baths2,697 sq ft
321 Brandywine Rd, Chapel Hill, NC 27516

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Earn from this home

Sell

$124,155

Est. take-home

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Refinance

Est. cash available

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Rent

$3,117/mo

Redfin rental estimate

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Market trends in 27517, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

0.0% MoM

Median sale price

$710K

$5K MoM

Avg. days on market

33d

8 days MoM

Recently sold homes

153

2 MoM

New listings for sale

NEW 1 HR AGO
$945,000
5 beds3 baths3,342 sq ft
811 Kings Mill Rd, Chapel Hill, NC 27517
EARLY ACCESS
$495,000
2 beds2 baths1,148 sq ft
2311 Environ Way, Chapel Hill, NC 27517
NEW 25 HRS AGO
$989,000
4 beds3.5 baths3,516 sq ft
27425 Walker, Chapel Hill, NC 27517
NEW 31 HRS AGO
$775,000
5 beds3 baths3,551 sq ft
508 Hawthorne Ln, Chapel Hill, NC 27517
OPEN SAT, 12PM TO 2PM
$540,000
3 beds2 baths1,409 sq ft
9 Edgestone Pl, Chapel Hill, NC 27517
COMING SOON
$1,789,000
3 beds2.5 baths3,299 sq ft
112 Black Oak Pl, Chapel Hill, NC 27517
$2,400,000
5 beds5.5 baths5,450 sq ft
12906 Morehead, Chapel Hill, NC 27517
COMING SOON
$895,000
5 beds3 baths3,418 sq ft
14003 Reynolds Ct, Chapel Hill, NC 27517
$1,550,000
5 beds6 baths5,931 sq ft
113 Hayworth Dr, Chapel Hill, NC 27517
3D WALKTHROUGH
$615,000
3 beds2.5 baths1,905 sq ft
240 Mcgregor Woods Rd, Chapel Hill, NC 27517
See all

Provided by Redfin

Sale history for 1005 Wave Rd

Date

Event

Price

TMLS #2501892

Apr 28, 2023

Sold

$510,000

$222/sq ft

Apr 28, 2023

Sold

$510,000

$222/sq ft

Mar 31, 2023

Pending

—

Mar 29, 2023

Listed

$448,000

$195/sq ft

Mar 27, 2023

Coming Soon

$448,000

$195/sq ft

Mar 27, 2023

Listed

$448,000

$195/sq ft

TMLS #2471205

Dec 2, 2022

Pending

—

Dec 2, 2022

Pending

—

Nov 23, 2022

Pending

—

Nov 23, 2022

Listing Removed

—

Oct 14, 2022

Price Changed

$478,000

$208/sq ft

Sep 22, 2022

Relisted

—

Sep 15, 2022

Contingent

—

Sep 1, 2022

Listed

$500,000

$217/sq ft

Aug 28, 2022

Coming Soon

Year

Property tax

Land + Additions

Assessment*

2025

$4,704 (+30.6%)

$175,000 + $339,100

$514,100

2024

$3,601 (+2.2%)

$85,000 + $206,300

$291,300

2023

$3,525 (+2.5%)

$85,000 + $206,300

$291,300

2022

$3,440 (+1.9%)

$85,000 + $206,300

$291,300

2021

$3,375 (+2.2%)

$85,000 + $206,300

$291,300

2020

$3,303

$75,000 + $193,400

$268,400

2019

$3,303 (+2.2%)

$75,000 + $193,400

$268,400

2018

$3,233 (+1.2%)

$75,000 + $193,400

$268,400

2017

$3,194 (−0.3%)

$75,000 + $193,400

$268,400

2016

$3,203

$75,000 + $193,400

$268,400

2015

$3,203 (+1.9%)

$74,419 + $185,948

$260,367

2014

$3,144 (+1.7%)

$74,419 + $185,948

$260,367

2013

$3,093 (+5.2%)

$74,419 + $185,948

$260,367

2011

$2,940 (+0.3%)

$74,419 + $185,948

$260,367

2010

$2,930

$74,419 + $185,948

$260,367

Tax history for 1005 Wave Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,704 (+30.6%)

$175,000 + $339,100

$514,100

2024

$3,601 (+2.2%)

$85,000 + $206,300

$291,300

2023

$3,525 (+2.5%)

$85,000 + $206,300

$291,300

2022

$3,440 (+1.9%)

$85,000 + $206,300

$291,300

2021

$3,375 (+2.2%)

$85,000 + $206,300

$291,300

2020

$3,303

$75,000 + $193,400

$268,400

2019

$3,303 (+2.2%)

$75,000 + $193,400

$268,400

2018

$3,233 (+1.2%)

$75,000 + $193,400

$268,400

2017

$3,194 (−0.3%)

$75,000 + $193,400

$268,400

2016

$3,203

$75,000 + $193,400

$268,400

2015

$3,203 (+1.9%)

$74,419 + $185,948

$260,367

2014

$3,144 (+1.7%)

$74,419 + $185,948

$260,367

2013

$3,093 (+5.2%)

$74,419 + $185,948

$260,367

2011

$2,940 (+0.3%)

$74,419 + $185,948

$260,367

2010

$2,930

$74,419 + $185,948

$260,367

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.47 Acres

Year renovated

2002

Sq. Ft.

2,472

Year built

1972

Style

Single Family Residential

County

Orange County

APN

9787007880

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Property details

Parking

Parking Information
Garage: Yes
Garage Spaces: 1
Parking Features: Driveway, Garage, Garage Faces Rear, Gravel

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 3

Interior Features
Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
Window Features: Blinds, Insulated Windows, Skylight(s)
Laundry Features: Laundry Room
Interior Features: Bathtub Only, Bathtub/Shower Combination, Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Radon Mitigation, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Other
Flooring: Carpet, Concrete, Laminate, Tile, Wood

Room Information
Finished, Workshop

Exterior

Building Information
Construction Materials: Vinyl Siding
Building Area Total: 2302.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
Exterior Features: Rain Gutters

Property information
Above Grade Finished Area: 1552.0
Below Grade Finished Area: 750.0
Levels: Two
Ownership Type: Other

Green Features
Green Indoor Air Quality: Contaminant Control

Lot Information
Lot Size Acres: 0.47
Lot Size Area: 0.47
Lot Size Dimensions: 105x195x105x200
Lot Size Square Feet: 20473.2
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 3440.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Heating: Yes
Heating Information: Electric, Forced Air, Heat Pump
Cooling: Yes
Cooling Information: Central Air, Heat Pump

Location

HOA Information
Association: No
Association Amenities: Trail(s)
Association Fee: 0.0
Association Fee 2: 0.0

School Information
Elementary School: CH/Carrboro - Mary Scroggs
Middle Or Junior School: CH/Carrboro - Grey Culbreth
High School: CH/Carrboro - Carrboro

Location Information
County Or Parish: Orange
Directions: From Chapel Hill, take US-15 S/US-501 S/US Hwy 15 501 S, U-turn at Dixie Garden Drive, Right on Wave Road. Property is on the right.
Latitude: 35.868658
Longitude: -79.06525
Postal Code: 27517
Road Frontage Type: Other
Road Surface Type: Unimproved

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,472
Stories: 1.0
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 2002
County: Orange County
APN: 9787007880

Home facts updated by county records on Aug 26, 2026

Other

hidden custom fields
Laundry Room

Listing Date Information
Contract Status Change Date: 2023-04-28
Documents Change Timestamp: 2024-09-11T16:48:43Z
Photos Change Timestamp: 2023-09-15T19:00:44Z

Around this home

Schools

Mary Scroggs Elementary School

Public PreK-5 • Assigned • 0.7mi

6/10

Grey Culbreth Middle School

Public 6-8 • Assigned • 1.5mi

6/10

Carrboro High School

Public 9-12 • Assigned • 2.0mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Chapel Hill, NC • 27517

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$513,000 – $621,000

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Nearby similar homes

NEW 25 HRS AGO

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4 beds3.5 baths3,516 sq ft

27425 Walker, Chapel Hill, NC 27517

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3 beds2.5 baths2,790 sq ft

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3D WALKTHROUGH

$615,000

3 beds2.5 baths1,905 sq ft

240 Mcgregor Woods Rd, Chapel Hill, NC 27517

$1,150,000

4 beds5 baths4,714 sq ft

74309 Hasell, Chapel Hill, NC 27517

VIDEO TOUR

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3 beds2.5 baths2,040 sq ft

96 Summersweet Ln, Chapel Hill, NC 27516

New listings for sale in 27517

NEW 1 HR AGO

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811 Kings Mill Rd, Chapel Hill, NC 27517

EARLY ACCESSCOMPASS COMING SOON

$495,000

2 beds2 baths1,148 sq ft

2311 Environ Way, Chapel Hill, NC 27517

NEW 25 HRS AGO

$989,000

4 beds3.5 baths3,516 sq ft

27425 Walker, Chapel Hill, NC 27517

NEW 31 HRS AGO

$775,000

5 beds3 baths3,551 sq ft

508 Hawthorne Ln, Chapel Hill, NC 27517

OPEN SAT, 12PM TO 2PM

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9 Edgestone Pl, Chapel Hill, NC 27517

COMING SOON

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3 beds2.5 baths3,299 sq ft

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5 beds5.5 baths5,450 sq ft

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COMING SOON

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Home values near 1005 Wave Rd

Data from public records.

Address	Redfin Estimate
1007 Wave Rd Apt A, Chapel Hill, NC 4 Beds \| 2 Baths \| 1539 Sq. Ft.	$373,118
1017 Wave Rd, Chapel Hill, NC 3 Beds \| 2 Baths \| 1384 Sq. Ft.	$436,821

Address	Redfin Estimate
1002 Wave Rd, Chapel Hill, NC 2 Beds \| 1 Baths \| 410 Sq. Ft.	$309,765
1003 Wave Rd, Chapel Hill, NC 3 Beds \| 2 Baths \| 1342 Sq. Ft.	$486,690

Address	Redfin Estimate
7 Wave Rd, Chapel Hill, NC 2 Beds \| 1 Baths \| 697 Sq. Ft.	$293,453
1001 Wave Rd, Chapel Hill, NC 3 Beds \| 1.5 Baths \| 1144 Sq. Ft.	$403,525

Property information provided by TMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27517, NC

Sale history for 1005 Wave Rd

Tax history for 1005 Wave Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27517

Home values near 1005 Wave Rd

More real estate resources