Colony Woods Homes with Basement

Welcome to Colony Woods, a charming subdivision nestled in the heart of Chapel Hill, North Carolina. This picturesque community is renowned for its serene surroundings, friendly atmosphere, and prime location, making it an ideal place for families, professionals, and retirees alike.

Colony Woods is characterized by its beautiful homes, many of which feature spacious basements that provide ample room for storage, recreation, or even a personal gym. These versatile basements can be transformed into whatever your heart desires, from a cozy family room to a vibrant play area for children. The homes in this subdivision reflect a blend of classic and contemporary styles, ensuring there’s something to suit every taste.

Living in Colony Woods means enjoying the best of both worlds. Residents benefit from the tranquility of suburban life while being just a stone’s throw away from the vibrant culture and amenities of Chapel Hill. The area boasts top-rated schools, a plethora of parks, and easy access to shopping and dining options. Nature enthusiasts will appreciate the nearby trails and outdoor spaces, perfect for hiking, biking, or simply unwinding in the fresh air.

With its inviting community spirit and the allure of homes with basements, Colony Woods is not just a place to live; it’s a place to thrive. Whether you’re looking to settle down or invest in a property, this subdivision offers a unique opportunity to embrace the Chapel Hill lifestyle. Come and discover the charm of Colony Woods—your dream home awaits!

Newest Colony Woods Homes with Basement

$525,000

5 Beds ⋅ 3 Baths ⋅ 10198278 MLS ⋅ ACTIVE Status

*Seller is willing to offer a concession toward an interest rate buydown to help reduce the buyer's mortgage payments.* Move-in ready 5 bedroom 3 bath renovated home. Thoughtful updates, versatile living spaces, and close proximity to the UNC-Chapel Hill campus await in Chapel Hill's desirable Colony Woods neighborhood! This inviting split-level home features a bright living and dining area with beautifully refinished hardwood floors. The updated main kitchen showcases new appliances, quartz countertops, freshly painted cabinetry, and updated hardware. Upstairs, three bedrooms are complemented by two refreshed bathrooms featuring new quartz countertops, fixtures, lighting, and mirrors. The finished lower level offers additional rooms, a masonry fireplace, a kitchenette, and a separate entrance through the screened porch, providing flexibility for guests, a home office, hobbies, or extended living arrangements. Major improvements include a roof and HVAC replaced in 2023, a former carport converted to a one-car garage with a garage door opener, and a resurfaced driveway and sidewalk. Screened porch and patio improvements, enhanced landscaping, and shed repairs add to the home's appeal. Enjoy an established neighborhood setting with convenient access to Trader Joe's, Whole Foods Market, and the University of North Carolina at Chapel Hill! With nearby parks, shopping, dining, and everyday amenities, this location offers a wonderful balance of neighborhood charm and convenience. A welcoming home with fresh finishes, flexible living spaces, and room to make it your own!

1702 Ferrell Rd, Chapel Hill

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .