Check Availability
$2,950,000
↓ $500K (14.5%)
● House - For Sale

223 Hillcrest Circle

Chapel Hill, NC 27514
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,534 Ft²
$15,799
Est. Monthly

About This Property

Tucked quietly just off Franklin Street, 223 Hillcrest Circle offers a rare opportunity to own one of Chapel Hill's most enchanting and private settings--1.37 acres that feel more like a curated botanical garden than a residential homesite. Tulip trees, dogwoods, magnolias, crepe myrtles, and azaleas create a layered landscape of color and texture, while a charming rose garden adds to the storybook feel. With the neighborhood backing to university-owned land within Battle Forest, the property enjoys a sense of permanence and natural beauty that is nearly impossible to replicate. The home itself is a classic, mostly brick two-story with timeless appeal, offering 4 bedrooms, 3 full baths, and 1 half bath across approximately 3,500 square feet. Inside, the spaces are warm and inviting, anchored by three fireplaces that bring character and comfort to the living room, family room, and primary suite. A sunroom with ceilings crafted from reclaimed wood from an eastern North Carolina tobacco barn provides a soulful connection to the home's surroundings--an ideal place to begin the day with coffee or unwind in the afternoon light. The breakfast room is wrapped in floor-to-ceiling windows, allowing natural light to pour in while framing views of the grounds, and features a wet bar for easy entertaining. A rear deck extends the living space outdoors, offering a peaceful vantage point to enjoy the serene, park-like setting. Adding to the property's uniqueness is a detached 820-square-foot building, currently used as a light-filled art studio complete with a full bath. Whether envisioned as a creative retreat, guest space, office or future pool house, it offers incredible flexibility. Just a short walk to the University of North Carolina campus and moments from the energy of Franklin Street, this location is as special as the property itself. With its unreplicated setting and timeless structure, 223 Hillcrest Circle presents a rare canvas--move in and enjoy as is, or bring your architect to reimagine and expand into a truly extraordinary estate.
Unit Size
3,534 Ft²
Days on Market
202 days
Land Size
1.37 acres
Price per sqft
$835
Property Type
House
Property Taxes
$1,314
HOA Dues
-
Year Built
1940

Listed By

Mollie Owen
Hodge & Kittrell Sotheby's Int
Haley Sims
Hodge & Kittrell Sotheby's Int

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Last updated: 2 months ago (TMLS #10158212)

Price History

Date / Event Date Event Price
Sep 10, 2026 Price Decreased $2,950,000
↓ $500K (14.5%)
Price Decreased
Jul 17, 2026 Price Decreased $3,450,000
↓ $250K (6.8%)
Price Decreased
Apr 8, 2026 Listed by Hodge & Kittrell Sotheby's Int $3,700,000
Listed by Hodge & Kittrell Sotheby's Int
Mar 18, 1994 Sold
Sold

Property Highlights

Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Bookcases, Built-in Features, Crown Molding, Double Vanity, Granite Counters, Pantry, Recessed Lighting, Wet Bar, Bathtub/Shower Combination, Smooth Ceilings
Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Water Heater, Wall Oven
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: In Basement, Laundry Closet
Rooms: 19
Has Fireplace
Fireplace Features: Family Room, Gas Log, Living Room, Bedroom, Wood Burning
Fireplaces: 3
Basement: Partially Finished
Exterior Details
Square Footage: 3534
Security Features: Security System
Architectural Style: Traditional
Year Built: 1940
Building Area Total: 3534
Levels: Three Or More
Construction Materials: Brick, HardiPlank Type, Masonite, Wood Siding
Patio and Porch Features: Deck, Patio
Lot Features: Back Yard, Front Yard
Lot Size Area: 1.37
Lot Size Units: Acres
Lot Size Acres: 1.37
Lot Size Square Feet: 59677
Water Source: Public
Financial Details
Tax Map Number: 4
Tax Assessed Value: $1,166,400
Tax Annual Amount: $15,762
Utilities Details
Cooling Type: Other, Gas Pack
Heating Type: Other, Gas Pack
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1985
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 15
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 2,966
  • Gross Building Area: 3,367
  • Building Area: 2,966
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,966
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST
  • Land Acres: 0000001370
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: #4 HILLCREST P2/38 AKA STROWD PROP

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011500

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 1226/475
  • District: 7
  • Parcel: 9789-90-9028
  • Municipality: CHAPEL HILL
  • Latitude: 35.9212
  • Longitude: -79.0338

    Address

  • Full Address: 223 Hillcrest Cir
  • Legal Unit: 4
  • Address - House Number: 223
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: C040
  • 4-Digit Zip Code: 5930
  • Zip Code: 27514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,170,862
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,ORAG,

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 80
  • Final Value: 1,026,870
  • High Value: 1,186,419
  • Low Value: 867,321

    Market Valuation

  • Market Total Value: $703,100
  • Market Land Value: $300,000
  • Market Improvement Value: $403,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $703,100
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $403,100

    Sales

  • Current Sale Contract Date: Mar 18, 1994
  • Current Sale Recording Date: Mar 18, 1994
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hillcrest


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Frequently Asked Questions

When was property at 223 Hillcrest Circle built and last sold?
The property at 223 Hillcrest Circle was built in 1940 and last sold on Mar 18, 1994 for $190,400.
How much is this home worth?
The estimated value of the home located at 223 Hillcrest Circle is $2,979,500.
What are some comparable homes to 223 Hillcrest Circle?
There are currently no comparable homes to 223 Hillcrest Circle.

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