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48 photos

$1,025,000

3108 Gait Way, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Christine Martin · Redfin Corporation
Bedrooms
4
Bathrooms
2.5
Living area
N/A
Year built
2004

About this home

Experience the quintessential charm of North Carolina living with this expansive estate, offering an unmatched combination of space, privacy, and exceptional convenience. Nestled on a sprawling 10-acre lot, this property stands as one of the largest homes with acreage available in the highly sought-after Chapel Hill area. From the moment you arrive, the soothing crunch of the gravel road welcomes you home. A classic rocking chair front porch spans the front of the residence, providing the perfect venue to sip morning coffee, unwind in the evenings, and comfortably greet visiting guests. Cherished by only one family since its construction, this grand home boasts a generous layout designed for seamless everyday living and effortless entertaining. While the property exhibits some imperfections reflecting its rich history of family life, the sellers are transparent about its condition, offering a rare opportunity for a buyer looking to personalize a significant estate. To ensure a seamless transaction, the sellers have intentionally positioned this property to sell as-is and are providing a home warranty for added peace of mind. A professional listing inspection has already been completed, and the sellers are fully prepared to share the report with serious buyers. This structure provides complete clarity up front, allowing you to appreciate the absolute peace and tranquility of a 10-acre retreat without sacrificing proximity to modern conveniences. This estate is exceptionally well-located, keeping you just minutes away from everything the Chapel Hill area has to offer, including premier dining, shopping, cultural attractions, and top-tier schools.

Highlights

Fireplace

Property details

MLS #
10182318
Property type
Single Family Residence
Subdivision
Covered Bridge
Status
Active
Days on market
70
On market date
July 31, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
N/A
Lot size
10.01 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
Grady Brown Elementary
8.29 mi away · Grades -1-5
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
400
Student:teacher ratio
12.1:1
District
Orange County Schools
Middle
A L Stanback Middle
8.32 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
636
Student:teacher ratio
13.5:1
District
Orange County Schools
High
Cedar Ridge High
8.45 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,039
Student:teacher ratio
15.7:1
District
Orange County 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).

13
Very car-dependent
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 70 days -- 56 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

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Est. monthly payment
$6,323/mo
$205,000 down
$820,000 loan
Principal & interest$5,319
Property tax (est.)$854
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 31, 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.