IMG_7333 - 500 Umstead Drive 106-c, Chapel Hill, NC 27516, Chapel Hill
IMG_7316 - 500 Umstead Drive 106-c, Chapel Hill, NC 27516, Chapel Hill
IMG_7317 - 500 Umstead Drive 106-c, Chapel Hill, NC 27516, Chapel Hill
IMG_7320 - 500 Umstead Drive 106-c, Chapel Hill, NC 27516, Chapel Hill
IMG_7322 - 500 Umstead Drive 106-c, Chapel Hill, NC 27516, Chapel Hill
IMG_7324 (1) - 500 Umstead Drive 106-c, Chapel Hill, NC 27516, Chapel Hill
6 photos

$184,900

500 Umstead Drive 106-c, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Robert Flinn · Keller Williams Elite Realty
Bedrooms
2
Bathrooms
1.5
Living area
N/A
Year built
1972

About this home

Charming and thoroughly updated, this 2-bedroom, 1.5-bath condominium in Chapel Hill's sought-after Bolinwood Condominiums community is truly move-in ready. Tucked along Bolin Creek and just minutes from downtown Chapel Hill and the historic UNC campus, this ground-floor unit offers the perfect blend of location, convenience, and comfort. Step inside to find fresh paint throughout and brand-new flooring in every room, creating a bright, cohesive feel from the entryway to each bedroom. The kitchen has been fully refreshed with a new electric range. Updated electrical outlets and switches, new ceiling fans, and modern lighting fixtures throughout add both style and peace of mind. Both bathrooms have been tastefully renovated in 2019 with new vanities, mirrors, fixtures, and lighting, while the primary bedroom offers a private en-suite half bath and generous closet space. Enjoy your morning coffee or evening unwind on the outside patio. Additional highlights include a hallway coat closet, assigned parking, and access to community amenities including a nearby pool and on-site laundry facilities. With its prime location near Umstead Park, major highways, and everything Chapel Hill has to offer, this beautifully updated condo is an excellent opportunity for a first-time buyer, downsizer, or investor alike. Schedule your showing today!

Property details

MLS #
10182620
Property type
Condominium
Subdivision
Bolinwood Condominiums
Status
Active
Days on market
59
On market date
July 27, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
2
Lot size
N/A
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Carrboro Elementary
0.97 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
529
Student:teacher ratio
12.3:1
District
Chapel Hill-Carrboro City Schools
Middle
Smith Middle
1.47 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
716
Student:teacher ratio
13.8:1
District
Chapel Hill-Carrboro City Schools
High
Chapel Hill High
1.77 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
1,505
Student:teacher ratio
15.5:1
District
Chapel Hill-Carrboro City Schools

Walkability

Blended score for Chapel Hill's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

63
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Nearby-amenity density
75 / 100
Restaurants & cafes10
Grocery stores0
Parks4
Schools7
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Chapel Hill, from live MLS data.

On the market 59 days -- 52 fewer days than Chapel Hill's current average of 111 days.
For reference, the median list price across 625 active listings in Chapel Hill right now is $529,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,263/mo
$36,980 down
$147,920 loan
Principal & interest$959
Property tax (est.)$154
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated August 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.