Colony Woods Homes under $500,000

Colony Woods Homes under $500,000

Welcome to Colony Woods, a charming subdivision nestled in the heart of North Carolina, where community spirit meets modern living. This delightful neighborhood is an ideal haven for families, professionals, and retirees alike, offering a perfect blend of comfort, convenience, and affordability.

Colony Woods boasts a variety of beautiful homes, many of which are priced under $500,000, making it an attractive option for first-time homebuyers and those looking to downsize without sacrificing quality. Each residence is thoughtfully designed, featuring spacious layouts, contemporary finishes, and lush outdoor spaces that invite relaxation and enjoyment. Whether you’re seeking a cozy single-family home or a stylish townhome, Colony Woods has something to suit every lifestyle.

The subdivision is conveniently located near key amenities, including shopping centers, schools, and recreational facilities. Residents enjoy easy access to local parks, perfect for weekend picnics or evening strolls. The sense of community is palpable, with friendly neighbors and regular neighborhood events that foster connections and create lasting memories.

For those who appreciate the charm of North Carolina living, Colony Woods offers a peaceful retreat without compromising on convenience. With its affordable housing options, vibrant community atmosphere, and proximity to urban conveniences, it’s no wonder that Colony Woods is becoming one of the most sought-after neighborhoods in the area. Come explore this hidden gem and discover the perfect place to call home!

Newest Colony Woods Homes under $500,000

1904 Overland Dr, Chapel Hill
$495,000
4 Beds ⋅ 2 Baths ⋅ 10196301 MLS
Do you know that feeling when you walk into a home and instantly get the sense that it has been well cared for, maintained, and loved? Welcome to 1904 Overland. An abundance of natural lighting greet you right upon entry via skylights and large picture windows. The updated kitchen and lofted ceiling in the living room are right there to further impress. Search far and wide throughout the Triangle--you will find no neighborhood like Colony Woods/Ridgefield/Briarcliff, a charming community with no HOA. From the full growth trees to the large lots void of cookie-cutter homes, you need to visit to understand! From Overland, your crew can easily bike, wheel, or scooter to the local elementary school and two parks. Just down the street is Ridgewood Pool which is a neighborhood summer favorite. The Blue Hill District is less than a mile away and includes multiple grocery stores (Whole Foods, Trader Joes, Aldi, and more!), luxury movie theatre, shopping, dining, and University Place (including Chick-Fil-A, Bartaco, and Jeni's Ice Cream!). And of course, your commute to UNC, Duke, or I-40 Plum takes mere minutes. For the family that needs an abundance of spaces in an accessible location, this Colony Woods home cannot be beat. More info at www.1904overland.com. Highlight Overview: 4 bedrooms, 2 full bathrooms, updated kitchen, family and living rooms, lofted ceiling in living room, walk-out lower level, 0.8 miles to assigned Ephesus Elementary

1904 Overland Dr, Chapel Hill

1926 Overland Dr, Chapel Hill
$450,000
5 Beds ⋅ 3 Baths ⋅ 10194236 MLS
ONLINE AUCTION - CHAPEL HILL, NC | BIDDING CLOSES OCTOBER 2 List price is for MLS purposes only. Actual price will be determined by online auction. Opportunity awaits in desirable Colony Woods! Located at 1926 Overland Drive in Chapel Hill, this spacious five-bedroom, three-bath home offers the opportunity to acquire a property in an established neighborhood and make it your own. Situated on approximately 0.29 acres, the home features approximately 2,412 square feet with a flexible floor plan offering generous living space and room for a variety of needs. The property is conveniently located near UNC-Chapel Hill, Duke University, downtown Chapel Hill, Durham, shopping, dining, parks, and major transportation routes. Whether you're looking for a primary residence, investment property, or renovation opportunity, this property offers excellent potential in a sought-after Chapel Hill location. ONLINE AUCTION: Bidding closes October 20, 2026. A 10% Buyer's Premium will be added to the winning bid to determine the total contract purchase price. Property is being offered AS-IS and is subject to the auction terms and conditions. Buyers are encouraged to conduct their own due diligence and inspections prior to bidding. Don't miss this opportunity to purchase a five-bedroom Chapel Hill property through the auction process. Review the auction terms, complete your due diligence, and place your bid before bidding closes October 20!

1926 Overland Dr, Chapel Hill

1547 Ephesus Church Rd, Chapel Hill
$320,000
3 Beds ⋅ 2 Baths ⋅ 10188799 MLS
Light-filled, nature-connected and wonderfully located, this 3-bedroom, 2-full-bath ranch offers a fresh, contemporary feel in an established Chapel Hill setting. Originally built in 1966, the home features an open main living area with a distinctive peaked ceiling and skylight, complemented by floor-to-ceiling sliding glass doors that open the living spaces to the surrounding trees and decks. The recent remodel includes new kitchen cabinetry, a new range and refrigerator, site-finished white oak hardwood flooring throughout, and new bathroom vanities and ceramic tile flooring. Both bathrooms feature tiled tub/shower surrounds. A recent renovation added a practical entryway, laundry and mudroom. Updated vinyl windows add to the home's comfort and appeal. Enjoy the outdoors from the spacious front deck or large rear deck, surrounded by mature trees and a low-maintenance natural landscape—no grass to mow, with the trees providing a steady supply of pine straw. The property is located within a designated flood plain, and the price reflects this condition. A stream crosses the lot from the back left corner toward the front right. During the Chantal storm, creek waters rose to floor level and the home subsequently underwent professional remediation by Carolina Restoration. Electrical and plumbing systems have since been repaired and permitted. Buyers are encouraged to conduct their own due diligence regarding flood risk, insurance requirements and future use. The location is a standout: walk to Ephesus Elementary, Ephesus Park, Trader Joe's and nearby shopping and restaurants, including Guglhupf. Convenient bus access provides an easy connection to downtown Chapel Hill and UNC-Chapel Hill. The home is in the East Chapel Hill High School district and offers convenient access to UNC, Durham, Duke and Research Triangle Park. Previously owner-occupied and rented, the property also offers potential appeal for investors. Rental records are available to interested buyers. A remodeled Chapel Hill ranch with abundant natural light, generous outdoor living, a low-maintenance wooded lot and an exceptionally convenient location.

1547 Ephesus Church Rd, 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 .

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