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811 Oxbow Crossing Road
Chapel Hill, NC 27516
Masha Halpern with Keller Williams Elite Realty, original listing - (984) 244-5830
$1,750,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
5048.5 Square Feet
Property Description
Nestled on five acres embraced by Morgan Creek & Oxbow Trail, this stunning 5-bedroom, 3.5-bath 5049 Htsqft home offers an exceptional living experience surrounded by wooded vistas and thoughtfully curated landscaping featuring Japanese maples, cherry blossoms, and native perennial beds. What creates the heart in this home is how its grand spaces intermingle naturally and bring light in from all angles to create a symbiotic flow, and this begins with it's meandering driveway leading you to this beautiful repose. A Slate walkway leading to a large covered front porch reminiscent of days past offering Doric columns that add sophistication and depth to the home's style. A Richly-stained bead-board ceiling adds the perfect touch of Southern panache & sets the tone for what's next! The foyer will leave you with a taste for Wanting More! The Family room offers a sumptuous stained built-in raised hearth fireplace that anchors the room and a wall of windows featuring tree-lined views. Adjacent are two flex rooms perfectly designed for an office, playspace or a reading retreat! Open-concept living spaces seamlessly blend together. A dramatic two-story dining area shows off the home's architecturally designed windows and acts as a frame, allowing the art of nature in. A masterfully designed kitchen offers a large walk-in pantry, cabinetry in rich espresso tones, expansive granite counters, and premium stainless-steel appliances, including two Fisher & Paykel dual drawer dishwashers, LG refrigerator anchored by an overhead Miele Vent draft and 5 burner Miele Gas stove & warming Oven. All are designed to create the perfect milieu for your most cherished gatherings. Roof, French White Oak Floors & many windows replaced 2019. 3 AC units 2015,2023. Refrig/Dishwashers 1-2yrs new. Retreat to the primary suite,a true sanctuary w/ vaulted ceiling,skylights for stargazing,cozy sitting area & a spa-like ensuite w/ Steamist shower,an Aquatic jetted tub & dedicated space to prepare for the day. Four more well-appointed bedrooms an expansive wall of built-in shelves is a great place to host cherished books, family photos and mementos. You'll find access to the veranda, a cozy spot for bird-watching! There is also a versatile bonus room that offers private stairs to the kitchen, a perfect place to host a sleep-over or watch movies away from the hustle of the home. It also features super storage. The second floor is also where you will find entry to the unfinished third-floor attic- This is a gift from the home to you... an offering to stay and grow as life changes! 3rd Fl. Attic fully plumbed. The lower level of this home has a finished family room with floor-to-ceiling windows and French Doors and a potential in-law suite with access to the grounds. There is also an exciting opportunity for a workshop or dedicated exercise area with additional roughed-in plumbing and electrical already in place.The home offers a three-car garage plus additional dedicated side parking for two more vehicles! Step through one of several sets of glass doors to the deck, which sweeps around the home, providing tree-lined vistas - It's an ideal setting for outdoor entertaining for the whole family or a quiet retreat. SOLO pet door leads to dog run area. The possibilities for an enjoyable life are only limited by your imagination. What dreams are on your bucket list? With five acres, there is endless space for children. A croquet set or pollinator garden with bee hives? Pets will find The perfect spot to bask in the sun's warmth! We invite you to enjoy life at 811 Oxbow Crossing. Explore trails nearby and walk quietly along the wide cul de sac neighborhood streets. You're part of Chapel Hill Schools, Honeysuckle Tea House, Maple View Farm, Blackwood Lake & more! A remarkable property thoughtfully curated for modern living with a gentle footprint. Experience the perfect blend of sophisticated design and revel in the gentle beauty of nature.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2000
MLS Number
--
Location
Address
811 Oxbow Crossing Road
City
Chapel Hill
State
NC
Zip Code
27516
County
ORANGE
Listing
Provider
Keller Williams Elite Realty, original listing
Name
Phone
(919) 414-0337
Office Name
Office Phone
(984) 244-5830
Agent Name
Masha Halpern
Agency Phone
(984) 244-5830

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.