Chapel Hill mid-century modern ‘masterpiece’ for sale. Take a look inside the house.
A mid-century “masterpiece” has been renovated at 2312 Honeysuckle Court in Chapel Hill.
It’s now newly listed and, judging by the hundreds of views and saves on Zillow (and updated pending status), it’s a “catch-it-before-you-missed-it” kind of listing.
“Words simply can’t do this home justice,” agent Jaye Kreller said in the listing.
Built in 1969, the 3,281-square-foot two-story home is in Chapel Hill’s historic Lake Forest neighborhood.
Designed by Chapel Hill-based mid-century modern architects Sumner Winn and Jon Condoret, it’s nestled in the woods. Also known as the Hal and Jo Fallon residence, it sits on 1.1 acres at the end of a cul-de-sac.
From the street, it’s almost indiscernible: a mix of red brick and thin-line plywood siding, freshly painted Sherwin Williams-Riverway green, that slips into the surrounding foliage. A wrap-around porch gives the illusion of being suspended in the trees.
But inside, past the shock-red front door, it’s an ode to mid-century modern living: a split-level entry, cathedral ceilings, exposed beams, a wall of glass windows.
Though it’s been overhauled with the latest appliances and finishes, its “architectural vision” remains completely intact, said Kreller, a Realtor with Carrboro-based Inhabit Real Estate.
Even the brand-new geometric wallpaper in the living room is a nod to its past.
But it doesn’t come cheap. The five-bedroom and three-and-a-half bathroom is listed for $1.2 million, or about $366 per square foot. Homeowners’ association fees are around $540 annually.
It last sold in 2009 for $420,000, records show.
“Some folks get to live in a beautiful home, and some folks get to live in a work of art,” said Kreller.
An additional perk: its stellar location.
The neighborhood is situated around Eastwood Lake and walking trails. It’s about a seven-minute drive to Village Plaza (Whole Foods, CAVA), and Eastgate shopping center (Trader Joe’s, Starbucks, Bruegger’s Bagels, The Loop) and the Chapel Hill Public Library.
Many homes in the neighborhood, built in the 1950s, have had updates and additions. Several have been demolished and rebuilt. Lots vary from 0.3 to 1.7 acres. Homes typically sell from the mid $400,000s to upwards of $800,000. Eastwood Lake privileges are included with an annual fee.
Only serious buyers need apply. The listing came with a hard deadline: Offers had to be submitted by May 27 at 11 a.m.
Less than 11 days on the market, the home is listed as “pending.” Not bad in a sluggish market where homes stay on the market for longer amid high mortgage rates.
In April, the median price (mid-way point) for a single-family home in Chapel Hill home stood at $548,000, according to Redfin. That’s down 24.4% year-over-year.
On average, homes in Chapel Hill sell after 11 days on the market compared to 34 days last year.
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This story was originally published June 4, 2024 at 8:37 AM.
