Bungalow A Sideload and Three-Car - 247 Ivy Ridge Road, Chapel Hill, NC 27516, Chapel Hill
IMG_1338 - 247 Ivy Ridge Road, Chapel Hill, NC 27516, Chapel Hill
IMG_1339 - 247 Ivy Ridge Road, Chapel Hill, NC 27516, Chapel Hill
IMG_3304 - 247 Ivy Ridge Road, Chapel Hill, NC 27516, Chapel Hill
IMG_3305 - 247 Ivy Ridge Road, Chapel Hill, NC 27516, Chapel Hill
Spec Whitman Floor 1 IFP - 247 Ivy Ridge Road, Chapel Hill, NC 27516, Chapel Hill
Spec Whitman Floor 2 IFP - 247 Ivy Ridge Road, Chapel Hill, NC 27516, Chapel Hill
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12 photos

$1,059,990

247 Ivy Ridge Road, Chapel Hill, NC 27516
Chapel Hill, NC 27516
Listed by Gwenn Clarke · HHHUNT HOMES RALEIGH DURHAM LLC
Bedrooms
4
Bathrooms
3.5
Living area
N/A
Year built
2026

About this home

MOVE-IN THIS YEAR! Introducing the Whitman, a BRAND-NEW showstopping designer home that perfectly combines luxury and practicality and situated on a beautiful 1.2 acre homesite. Each room in this home has been expertly and thoughtfully designed with model level design finishes including hardwood flooring throughout and ceramic tile flooring in all bathrooms. You'll love the main living area in this home where the spacious family room flows seamlessly into the chef's kitchen and dining nook. The kitchen boasts a large center island, sleek quartz counters, oversized walk-in pantry and gas cooking. The first-floor Primary Suite is a true retreat, with an expansive walk-in closet and ensuite bath with freestanding tub and walk-in tile shower. A private study (great option for home office or formal dining space), two additional bedrooms (both with walk-in closets) and laundry room complete the first floor. Upstairs you'll find a wonderful loft area to use however best fits your lifestyle and fourth bedroom with closet and full bath. Are you looking for a brand-new home in Chatham County, just 13 minutes from downtown Chapel Hill, NC? Welcome to The Summit at Morgan Ridge, where you'll discover luxurious homes on large private homesites. Situated in the highly regarded Northwood High School District and convenient location to the Raleigh-Durham-Chapel Hill Triangle, The Summit at Morgan Ridge homeowners will enjoy the exciting dining and incredible shopping offered in and around Chapel Hill, NC. (Home is under construction - Photos are from builder's library and shown as an example only).

Highlights

FireplaceNew construction

Property details

MLS #
10180993
Property type
Single Family Residence
Subdivision
Morgan Ridge
Status
Active
Days on market
84
On market date
July 17, 2026
Stories
N/A
Total bathrooms
3.5
Garage spaces
3
Parking spaces
5
Lot size
1.215 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
Perry W Harrison Elementary
3.56 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
225
Student:teacher ratio
11.8:1
District
Chatham County Schools
Middle
Margaret B. Pollard Middle
3.66 mi away · Grades 6-8
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
775
Student:teacher ratio
17.6:1
District
Chatham County Schools
High
Northwood High
7.21 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
1,124
Student:teacher ratio
15.8:1
District
Chatham 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).

15
Very car-dependent
out of 100
EPA National Walkability Index
4.2 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

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

On the market 84 days -- 42 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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Est. monthly payment
$6,533/mo
$211,998 down
$847,992 loan
Principal & interest$5,500
Property tax (est.)$883
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 1, 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.