Back 115 Gristmill Lane
Off Market

115 Gristmill Lane

Chapel Hill NC 27514

2
2
2
1187 sq. ft.
1742.4 sq. ft.
Townhouse
Last sold for $370,000
Joel SivertsenJoel Sivertsen, last sold this property on 29 June 2026 after 87 days on market.

Overview

Tucked into the desirable Summerfield community, this beautifully updated one-story townhome offers the perfect blend of comfort, convenience, and low-maintenance living. Featuring 2 spacious bedrooms and 2 full bathrooms, the thoughtfully designed layout includes an open-concept family and dining area anchored by a cozy wood-burning fireplace--ideal for both relaxing evenings and entertaining guests. Recent upgrades include durable luxury vinyl plank flooring and energy-efficient windows, bringing a fresh, modern feel throughout the home. The HVAC system, approximately 5 years old, adds peace of mind for years to come. Step outside to a private, wooded backyard--your own quiet retreat for morning coffee or unwinding after a long day. With easy, single-level living and minimal upkeep, this home is perfect for a variety of lifestyles. Located just minutes from downtown Chapel Hill, UNC, top-rated medical facilities, shopping, and dining, this move-in ready home offers unbeatable convenience in a serene setting. A rare find you won't want to miss!

Features

2 bedrooms
2 bathrooms
2 carspaces
1187 sq. ft. floor area
1742.4 sq. ft. lot size
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Chapel Hill over the last 12 months, the estimated median property value of 115 Gristmill Lane is $285.25k.

Median value
$285.25k
Estimated value range
$260k - $1.3m
Median days on market
36
Estimated value trend
-25%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chapel Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 115 Gristmill Lane

2026
Sold
$370,000
29 Jun 2026 by Joel Sivertsen, of NorthGroup Real Estate, Inc.
2026
Sold
$260,000
06 Feb 2026 by Melissa White, of Keller Williams Central
2003
Sold
$132,500
19 May 2003 by Bob Vermilya, of COLDWELL BANKER REAL

Happy sellers in Chapel Hill

100%
100% of sellers in Chapel Hill reported that their sale price either exceeded or met their price expectations.

Chapel Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chapel Hill over the last 12 months.

Local market activity for 2 bedroom townhouses in Chapel Hill

In the last 12 months, 7 two-bedroom townhouses similar to 115 Gristmill Lane, have been sold.

This represents a 28% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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