Colony Lake Real Estate

Welcome to Colony Lake, a serene and picturesque subdivision nestled in the heart of Chapel Hill, North Carolina. Known for its stunning natural beauty and vibrant community spirit, Colony Lake offers an idyllic setting for families, professionals, and retirees alike.

As you enter this charming neighborhood, you are greeted by beautifully landscaped streets lined with mature trees and well-maintained homes that exude warmth and character. The centerpiece of Colony Lake is its namesake lake, which provides residents with opportunities for leisurely strolls along the water's edge, picnicking on sunny afternoons, and enjoying tranquil moments of reflection.

Colony Lake is not just a place to live; it’s a community that fosters connections among its residents. With a variety of community events throughout the year, including seasonal festivals and outdoor movie nights, there are endless opportunities to meet your neighbors and create lasting friendships. Families will appreciate the proximity to top-rated schools, parks, and recreational facilities that cater to all ages.

For those who enjoy the outdoors, the nearby trails and green spaces offer a perfect escape for hiking, biking, and exploring the stunning landscapes that North Carolina is known for. Additionally, with Chapel Hill’s vibrant downtown just a short drive away, residents can easily access an array of dining, shopping, and cultural experiences.

Discover the charm of Colony Lake, where community, nature, and convenience come together to create a truly enchanting living experience in Chapel Hill, NC. Your dream home awaits in this delightful subdivision!

Newest Listings in Colony Lake

$289,900

2 Beds ⋅ 1 Baths ⋅ 10181612 MLS

Enjoy easy, low-maintenance living in a light-filled end-unit townhome in highly desirable Colony Lake, ideally located just 15 to 20 minutes from both the UNC and Duke campuses. This beautifully maintained one-level townhome offers an open-concept living and dining area with vaulted ceilings, and a cozy wood-burning fireplace. Pride of ownership shows throughout, with all major systems regularly serviced, including a tankless water heater. Relax on the private patio overlooking peaceful neighborhood green space. With quick access to I-40, shopping, dining, the bus line, and all the Triangle has to offer, this townhome combines comfort, convenience, and an unbeatable location.

156 St Andrews Ln, Chapel Hill

$299,900

2 Beds ⋅ 3 Baths ⋅ 10180389 MLS

Enjoy low maintenance living at 104 Sir Richard Lane, where thoughtful updates and a convenient Chapel Hill location come together. One of the home's standout features is the brand new windows, intalled in the last year. Inside, you'll find two spacious bedrooms, 2.5 bathrooms. The generous primary suite includes a walk in closet and a private bathroom with a tiled shower, creating a comfortable space to unwind. The main level offers a functional layout for everyday living, with easy access to the private rear patio and backyard, ideal for relaxing outdoors or entertaining friends and family. Located near shopping, restaurants, parks, and the free Chapel Hill Transit bus route, this home makes it easy to enjoy everything the area has to offer. If you're looking for an updated, move in ready townhouse in a convenient location, 104 Sir Richard Lane is one you won't want to miss.

104 Sir Richard Ln, Chapel Hill

$323,000

2 Beds ⋅ 2 Baths ⋅ 10179388 MLS

One story living in Colony Lake, end unit townhome with an open floor plan, hardwood floors in the dining room/family room areas, vaulted ceilings, and a sunroom addition on an oversized double lot. The owner's suite features a walk in closet, double sink and a walk in tub conversion with shower. The interior has been freshly painted and the HVAC has been updated in 2021. Fridge, washer/dryer convey. Minutes to Wegmans Food Market and Whole Foods.

101 Standish Dr, Chapel Hill

$459,900

3 Beds ⋅ 2 Baths ⋅ 10177898 MLS

Nestled among mature trees with peaceful views of the neighborhood lake, this beautifully maintained one-level home offers the perfect balance of privacy, comfort, and convenience in desirable Colony Lake. Featuring 3 bedrooms, 2 bathrooms, and 1,700 square feet, the thoughtfully designed floor plan provides comfortable everyday living with inviting spaces for gathering and entertaining. Large windows, abundant natural light, and hardwood floors create a bright, welcoming feel throughout. A cozy family room with a fireplace opens to a spacious dining and gathering space that serves as the heart of the home. The kitchen features stainless steel appliances, a gas range, generous counter space, and a skylight that fills the room with natural light. Just beyond the kitchen, the rear entry with laundry offers additional flexible space for a breakfast nook, coffee bar, or drop zone. The private primary suite offers direct access to the rear deck and includes a spacious bath with dual vanities, a soaking tub, and a separate shower. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. Recent improvements provide added value and peace of mind, including a new roof, siding, and water heater (2021), plus HVAC replacement (2019). Step outside to the expansive rear deck overlooking mature trees and the neighborhood lake, creating a peaceful setting for morning coffee, outdoor dining, or relaxing at the end of the day. Ideally located just minutes from UNC, Duke, shopping, dining, parks, and major commuting routes, Colony Lake residents also enjoy neighborhood tennis and basketball courts for added recreation. This move-in ready home combines thoughtful updates, tranquil outdoor living, and an exceptional Chapel Hill location. Some photos have been virtually staged to illustrate the home's potential.

107 Bay Colony Ct, Chapel Hill

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .