Colony Lake Homes with Chapel Hill Carrboro - Ephesus Road Elementary School

Welcome to Colony Lake, a picturesque subdivision nestled in the heart of Chapel Hill, North Carolina. This charming community offers a perfect blend of tranquility and convenience, making it an ideal choice for families, professionals, and retirees alike. With its beautiful homes, serene surroundings, and proximity to essential amenities, Colony Lake truly embodies the best of Southern living.

The homes in Colony Lake are designed with modern aesthetics and functionality in mind, featuring spacious layouts, contemporary finishes, and lush landscaping. Many properties boast stunning views of the serene lake, creating a peaceful backdrop for everyday life. Whether you’re looking for a cozy single-family home or a more expansive residence, Colony Lake has something to suit every taste and lifestyle.

One of the standout features of this community is its commitment to education. Residents of Colony Lake are served by the highly regarded Chapel Hill Carrboro School District, with Ephesus Road Elementary School just a stone's throw away. This school is known for its dedicated staff and nurturing environment, making it an excellent choice for families with young children. The emphasis on quality education in the area adds immense value to the community, ensuring that your little ones receive the best possible start in their academic journey.

In addition to its educational offerings, Colony Lake is conveniently located near shopping, dining, and recreational opportunities. With easy access to major highways and public transportation, residents can enjoy all that Chapel Hill and the surrounding areas have to offer. Experience the charm of Colony Lake—where community, comfort, and convenience come together in perfect harmony.

Newest Colony Lake Homes with Chapel Hill Carrboro - Ephesus Road Elementary School

$289,900

2 Beds ⋅ 1 Baths ⋅ 10181612 MLS ⋅ ACTIVE Status

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 ⋅ ACTIVE Status

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 ⋅ ACTIVE Status

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

$454,900

3 Beds ⋅ 2 Baths ⋅ 10177898 MLS ⋅ ACTIVE Status

Price adjusted. Sellers now offering a $5000 allowance with an acceptable offer. 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 .