Open House LogoIn-Person: 08/22 2:00 PM - 4:00 PM
$300,000
 $1,610 est/mo Sourced by Back At You

381 Summerwalk Circle,Chapel Hill, NC 27517

Chapel Hill, NC 27517

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Description

*HUGE PRICE DROP! Rare opportunity to own a spacious 3-bedroom, 2.5-bath condo in highly desirable Finley Forest! This two-story home offers an ideal blend of comfort, convenience to UNC bus system, and investment potential. Enter through your private patio into an inviting living room featuring a cozy wood-burning fireplace flanked by custom built-in bookcases. The adjacent dining area provides plenty of space for entertaining and flows seamlessly into the functional kitchen BRAND NEW STOVE. A main-level laundry room offers added convenience and valuable storage space. Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite with dual mirrored closets and a private en-suite bath featuring a jetted tub/shower combination. Two additional bedrooms and a second full bath complete the upper level. Fresh paint throughout makes this home move-in ready, and the HVAC has been consistently maintained through a home warranty program. New bedroom windows coming! Enjoy the community amenities including a swimming pool, playground, dog run, and scenic walking trails. Ideally located near the UNC Friday Center, Meadowmont, shopping, dining, and major commuter routes, this home offers exceptional convenience. Investor-friendly and ready for immediate occupancy, this property presents an outstanding opportunity for both homeowners and investors alike. Potential rental income available upon request.

Details

MLS #10173513
Listing TypeFor Sale
StyleCondominium
HOA Dues$318
Sub-TypeResale
StatusActive
Year1989
Days On Site69
Listing Provided ByColdwell Banker HPW | Kate Mazza

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,373
Story(s)2

Interior

Interior FeaturesCeiling Fan(s), Kitchen Island, Pantry
Heating Yes / NoNo
Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Air
Fireplace FeaturesWood Burning
Fireplaces Total1
Fireplace Yes / NoYes
Laundry FeaturesLaundry Room, Lower Level
Rooms Total6

Exterior

RoofAsphalt, Shingle
Foundation DetailsSlab
Community FeaturesClubhouse, Playground, Pool
Construction MaterialsVinyl Siding
Door FeaturesSliding Doors
Patio And Porch FeaturesCovered, Patio

Parking

Garage Yes / NoNo
Other Parking1 Reserved Spot & 1 Flex Spot

Location

Association AmenitiesClubhouse, Landscaping, Maintenance Grounds, Playground, Pool, Trash
Community FeaturesClubhouse, Playground, Pool

Utilities

UtilitiesSeptic Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Assessed Value316993
Tax Legal DescriptionFinley Forest Condos/Ph 5 6/Ut#381 Model-Dunbarton Pl:Cd0004-000199
Tax Year2026

Area Information

StateNC
CountyDurham
CityChapel Hill
Zip Code27517
AreaDurham
Community NameFinley Forest Condos
School DistrictDurham - Charles E Jordan Sr Hig
Elementary SchoolDurham - Creekside Elementary
High SchoolDurham - Charles E Jordan Sr Hig
Listing VS Median (in Finley Forest Condos)
Price:
$300,000
low | high
Med:
$257,000
64.333333333333% of Average
sqft:
1,373
low | high
Med:
970
79.388201019665% of Average
$ / sqft:
$218
low | high
Med:
$265
28.656893785883% of Average
On site:
69
low | high
Med:
249
27.710843373494% of Average
Sourced by Back At You

Market Activity 27517

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Learn More About This Property

Open House
In-Person
08/22 2:00 PM - 4:00 PM
StateNC
CountyDurham
CityChapel Hill
Zip Code27517
AreaDurham
Community NameFinley Forest Condos
School DistrictDurham - Charles E Jordan Sr Hig
Elementary SchoolDurham - Creekside Elementary
High SchoolDurham - Charles E Jordan Sr Hig
Listing VS Median (in Finley Forest Condos)
Price:
$300,000
low | high
Med:
$257,000
64.333333333333% of Average
sqft:
1,373
low | high
Med:
970
79.388201019665% of Average
$ / sqft:
$218
low | high
Med:
$265
28.656893785883% of Average
On site:
69
low | high
Med:
249
27.710843373494% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $225K - $375K
sqft: 1,000 - 1,500
Listing Updated: August 19, 2026 at 8:37:25 AM PDT