617 Park Place

Chapel Hill, NC
$ 485,000 Beds 1 Baths 1 Sq 638
Monthly Estimate* How much can I afford?

Hit the jackpot at 617 PARK PLACE—with FREE PARKING and all! (Sorry, Monopoly money not accepted!) This may be one of the coolest opportunities in DOWNTOWN CHAPEL HILL, practically on the UNC CAMPUS! Quaint, cool, private, and packed with possibilities, this one-level bungalow could be an ideal fit for students, faculty, investors, a weekend getaway, Tar Heel tailgating headquarters, long-term rental, or short-term rental potential—subject to applicable regulations. And don't let the bungalow fool you—this one LIVES LARGE! The open floorplan, high ceilings, great natural light, and extra storage maximize the space, while a private deck overlooking wooded views creates a surprisingly peaceful escape right in the middle of it all. For investors, it's all about LOCATION + FLEXIBILITY + OPPORTUNITY—and 617 Park Place delivers. Whether you're looking for rental potential, a Chapel Hill home base, a place for your UNC student, or simply a unique property in an incredibly hard-to-replicate location, this one deserves a look. Walk to the action. Come home to the quiet. Own your own PARK PLACE in Chapel Hill!

Active

  • Price
  • $ 485,000
  • City
  • Chapel Hill
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • Orange
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.05 Acres
  • Zip
  • 27514
  • Sqr Footage
  • 638
  • Year Built
  • 1932
  • Style
  • Bungalow, Ranch, Rustic
  • MLS#
  • 10192211
Listed By: Long & Foster Real Estate INC;
Data Source: Triangle MLS (TMLS)

Features

General

Sewer Public Sewer
Heating Central,Fireplace(s),None
Cooling Ceiling Fan(s),Central Air
Roof Shingle
Appliances Built-In Gas Range,Built-In Range,Dishwasher,Dryer,Free-Standing Refrigerator,Gas Range,Ice Maker,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Washer/Dryer Stacked
Zoning R-2
Patio/Porch Features Deck
Architectural Style Bungalow,Ranch,Rustic
Construction Materials Wood Siding
Year Built 1932
View Trees/Woods
Stories Count 1
Levels One,One and One Half
Property Subtype Single Family Residence
Accessibility Central Living Area,Level Flooring
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Garage Y/N false
Total Rooms 4
Full Baths 1
Status Active
Directions While downtown Chapel Hill, take E. Franklin Street past Morehead Planetarium, turn right onto S. Boundary Street, turn left onto Park Place, turn left into the driveway just past the parking lot.
High School Chapel Hill Carrboro - East Chapel Hill High School
City Chapel Hill
Senior Community Y/N false
Open Parking Spaces 12
Lot Size Units Acres
Lot Size Square Feet 2178
Elementary School Chapel Hill Carrboro - Glenwood Elementary School
Tax Annual Amount 3323.54
Middle/Junior High School Chapel Hill Carrboro - Grey Culbreth Middle School
Structure Type House,Site Built
Standard Status Active

Interior Features

Interior Amenities Breakfast Bar,Ceiling Fan(s),High Speed Internet,Open Floorplan,Pantry,Primary Downstairs,Recessed Lighting,Tile Counters,Track Lighting
Flooring Carpet,Hardwood,Tile,Wood
Total Fireplaces 1
Fireplace Features Living Room,Raised Hearth
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N true
Above Grade Finished Area 638
Laundry Features Inside,Laundry Closet,Main Level
Total Bedrooms 1
Above Grade Finished Area Source Appraiser
Total Baths 1

Exterior Features

Exterior Amenities Rain Gutters
Fencing None
Parking Features Gravel,Off Street,Other,See Remarks
Lot Features Level,Native Plants,Partially Cleared,Wooded
Water Source Public
Lot Size Area 0.05
Foundation Details Combination
Building Area Total 638
Lot Dimensions 35x61x16x28x78
Lot Size Acres 0.05
Road Surface Type Gravel
Door Features French Doors
Horse Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the DURHAM, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Chapel Hill Carrboro - Glenwood Elementary School Elementary School
Middle School Chapel Hill Carrboro - Grey Culbreth Middle School Middle School
High School Chapel Hill Carrboro - East Chapel Hill High School High School

Price History

9/11/2026 Listed $485,000

Property vs Zip Code Average in 27514

Price
AVG $970K
$490K
Year Built
AVG 1978
1932

Areas That We Cover

617 Park Place Chapel Hill, NC is a Single Family Home for sale at $485000 with 638 sqft and a lot size of 0.05 Acres Acre(s). 617 Park Place Chapel Hill has 1 bedrooms, 1 baths and was built in 1932. The property's zip code is 27514 which is in Chapel Hill, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.