Check Availability
$949,000
↓ $20K (2.1%)
● House - For Sale

8728 Drew Lane

Chapel Hill, NC 27516
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,770 Ft²
$5,132
Est. Monthly

About This Property

8728 Drew Lane has a NEW PRICE! Nestled on a serene cul-de-sac street just off Homestead Road, this gracious Chapel Hill home checks many boxes with its perfect blend of space, charm, and convenience--all within the coveted Chapel Hill-Carrboro City Schools district and with the added perk of Low County Taxes! Sitting on over an acre of land, this property is a peaceful retreat with plenty of room to live, play, and entertain.  Come on in and and discover a main-level bedroom, a cozy family room with a fireplace, a formal living room (or office) with a bay window perfect for birdwatching, and a dining room that flows seamlessly into a spacious kitchen and informal dining area opening onto the deck. Upstairs, you'll find the primary bedroom with a dream worthy soaking tub, two additional bedrooms, bonus room and a  third floor bonus ready to adapt to your lifestyle--think media room, playroom, or a home gym. The three-car garage and concrete driveway ensure ample parking and storage for all your needs.  Outdoors, this property shines. The fenced yard offers the perfect mix of open lawn and wooded privacy, while the basketball hoop promises endless fun for family and friends. Imagine a friendly game of hoops in the driveway or gathering in the large backyard--this home is made for making memories.  With smart updates including fresh interior and exterior paint, new carpet, updated lighting, encapsulated crawlspace and beautifully refreshed landscaping, this home is move-in ready and just waiting for you.  Located in the heart of Chapel Hill/Carrboro, you're just moments away from all the amenities and charm the area has to offer.   Come see why this home checks all the boxes--schedule your private tour today!
Unit Size
3,770 Ft²
Days on Market
153 days
Land Size
1.02 acres
Price per sqft
$252
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1988

Listed By

Patricia Owen
Compass -- Chapel Hill

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Last updated: 12 days ago (TMLS #10159409)

Price History

Date / Event Date Event Price
Oct 13, 2026 Price Decreased $949,000
↓ $20K (2.1%)
Price Decreased
Aug 9, 2026 Price Decreased $969,000
↓ $23K (2.3%)
Price Decreased
Jun 6, 2026 Relisted $992,000
Relisted
Apr 18, 2026 In contract -
In contract
Apr 11, 2026 Listed by Compass -- Chapel Hill - Durham $992,000
Listed by Compass -- Chapel Hill - Durham
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Concrete, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Kitchen Level, Lighted, Oversized
Garage Spaces: 3
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), Bathtub Only, Bathtub/Shower Combination, Separate Shower, Smooth Ceilings, Walk-In Shower
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer, Water Heater, Wall Oven
Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
Laundry Features: Laundry Room, Main Level
Rooms: 12
Has Fireplace
Fireplace Features: Family Room, Gas, Gas Log, Propane
Fireplaces: 1
Exterior Details
Square Footage: 3770
Architectural Style: Traditional
Year Built: 1988
Building Area Total: 3770
Levels: Three Or More
Window Features: Bay Window(s), Double Pane Windows, Screens
Construction Materials: Frame, Vinyl Siding
Patio and Porch Features: Deck, Porch
Lot Features: Back Yard, Front Yard, Landscaped, Rectangular Lot
Lot Size Area: 1.02
Lot Size Units: Acres
Lot Size Acres: 1.02
Lot Size Square Feet: 44431
Water Source: Well
Financial Details
Tax Assessed Value: $651,600
Tax Annual Amount: $5,655
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Heat Pump, Zoned
Heating Type: Heat Pump, Zoned
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 900
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 3,770
  • Gross Building Area: 7,512
  • Building Area: 3,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 3,770
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEAD HILLS
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • Legal Description 1: 4 PH 2 HOMESTEAD HILLS P46/167

Neighborhood

  • School District Name: Chapel Hill-Carrboro Schools
  • School Tax School District: CH-CARR SCHOOL
  • Census Tract: 011208

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: 6157/397
  • District: 7
  • Subdivision Phase Number: 2
  • Parcel: 9779-08-3785
  • Municipality: CHAPEL HILL
  • Latitude: 35.945
  • Longitude: -79.0999

    Address

  • Full Address: 8728 Drew Ln
  • Address - House Number: 8728
  • Address - Street Name: Drew
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Chapel Hill
  • Carrier Code: R037
  • 4-Digit Zip Code: 9426
  • Zip Code: 27516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,703
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CHSC,SOFR,

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 773,992
  • High Value: 898,876
  • Low Value: 649,109

    Market Valuation

  • Market Total Value: $479,900
  • Market Land Value: $150,000
  • Market Improvement Value: $329,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,900
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $329,900

    Sales

  • Current Sale Contract Date: Jul 13, 2016
  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20160715000149210
  • Previous Sale Recording Date: Sep 12, 2003
  • Previous Sale Contract Date: Aug 21, 2003
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Homestead Hills


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Frequently Asked Questions

When was property at 8728 Drew Lane built and last sold?
The property at 8728 Drew Lane was built in 1988 and last sold on Jul 13, 2016 for $455,000.
How much is this home worth?
The estimated value of the home located at 8728 Drew Lane is $958,489.
What are some comparable homes to 8728 Drew Lane?
There are currently no comparable homes to 8728 Drew Lane.