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10341 - 503 N Estes Drive, Chapel Hill, NC 27514
27 photos

$699,000

503 N Estes Drive, Chapel Hill, NC 27514
Chapel Hill, NC 27514
Listed by Yang Yuan · CHK Realty
Bedrooms
5
Bathrooms
4
Living area
N/A
Year built
1966

About this home

Fantastic opportunity in the highly desirable Estes Hills neighborhood! This classic, solid all-brick home sits on a beautiful 0.42 acre lot and offers an exceptional combination of space, convenience, and potential. Featuring three bedrooms on the main level, the home offers a functional layout, hardwood floors, smooth ceilings and abundant natural light throughout. The spacious unfinished walk out basement offers exceptional storage and workshop space, with plenty of potential for future expansion, recreation, or additional living space. Step outside from the screened porch to enjoy the large, level, fenced backyard, featuring a brand new fence, an ideal setting for outdoor entertaining, gardening, pets, or simply relaxing. Conveniently located across from Estes Hills Elementary and Guy B. Phillips Middle School, with easy access to Whole Foods Market, Chapel Hill Public Library, restaurants, shopping, and nearby walking trails. On the Chapel Hill Transit bus line to UNC-Chapel Hill campus and just a short walk to the new UNC Carolina North development. A rare opportunity to own a spacious all brick home on a generous lot in one of Chapel Hill's most convenient and established neighborhoods—ready for the next owner to make it their own.

Highlights

Fireplace

Property details

MLS
Doorify MLS
MLS #
10197146
Property type
Single Family Residence
Subdivision
Estes Hills
Status
Active
Days on market
18
On market date
October 7, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.42 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Estes Hills Elementary
0.09 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
356
Student:teacher ratio
11.1:1
District
Chapel Hill-Carrboro City Schools
Middle
Phillips Middle
0.18 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
665
Student:teacher ratio
12.1:1
District
Chapel Hill-Carrboro City Schools
High
East Chapel Hill High
1.98 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
1,475
Student:teacher ratio
16.4:1
District
Chapel Hill-Carrboro City Schools

Walkability

Blended score for Chapel Hill's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

70
Walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks10
Schools11
Transit stops20
Pharmacies3

Market position

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

On the market 18 days -- 88 fewer days than Chapel Hill's current average of 106 days.
For reference, the median list price across 657 active listings in Chapel Hill right now is $525,000.

Mortgage calculator

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Est. monthly payment
$4,359/mo
$139,800 down
$559,200 loan
Principal & interest$3,627
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 3 days ago.

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.