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$969,000

8728 Drew Lane, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Patricia Owen · Compass -- Chapel Hill - Durham
Bedrooms
4
Bathrooms
3
Living area
N/A
Year built
1988

About this home

Nestled on a serene cul-de-sac street just off Homestead Road, this gracious Chapel Hill home checks many boxes with its perfect blend of space, charm, and convenience--all within the coveted Chapel Hill-Carrboro City Schools district and with the added perk of Low County Taxes! Sitting on over an acre of land, this property is a peaceful retreat with plenty of room to live, play, and entertain. Come on in and and discover a main-level bedroom, a cozy family room with a fireplace, a formal living room (or office) with a bay window perfect for birdwatching, and a dining room that flows seamlessly into a spacious kitchen and informal dining area opening onto the deck. Upstairs, you'll find the primary bedroom with a dream worthy soaking tub, two additional bedrooms, bonus room and a third floor bonus ready to adapt to your lifestyle--think media room, playroom, or a home gym. The three-car garage and concrete driveway ensure ample parking and storage for all your needs. Outdoors, this property shines. The fenced yard offers the perfect mix of open lawn and wooded privacy, while the basketball hoop promises endless fun for family and friends. Imagine a friendly game of hoops in the driveway or gathering in the large backyard--this home is made for making memories. With smart updates including fresh interior and exterior paint, new carpet, updated lighting, encapsulated crawlspace and beautifully refreshed landscaping, this home is move-in ready and just waiting for you. Located in the heart of Chapel Hill/Carrboro, you're just moments away from all the amenities and charm the area has to offer. Come see why this home checks all the boxes--schedule your private tour today!

Highlights

Fireplace

Property details

MLS #
10159409
Property type
Single Family Residence
Subdivision
Homestead Hills
Status
Active
Days on market
125
On market date
June 6, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
3
Parking spaces
5
Lot size
1.02 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Carrboro Elementary
2.39 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
McDougle Middle
1.13 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
753
Student:teacher ratio
12.3:1
District
Chapel Hill-Carrboro City Schools
High
Chapel Hill High
1.1 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, 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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

33
Car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable

Market position

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

On the market 125 days -- 1 fewer days than Chapel Hill's current average of 126 days.
For reference, the median list price across 634 active listings in Chapel Hill right now is $532,000.

Mortgage calculator

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

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$5,985/mo
$193,800 down
$775,200 loan
Principal & interest$5,028
Property tax (est.)$808
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 24 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.