Back 306 Papyrus Place
Off Market

306 Papyrus Place

Hillsborough NC 27278

5
4
2
3180 sq. ft.
8712 sq. ft.
Single-Family
Last sold for $630,000
Jennifer LangeJennifer Lange, last sold this property on 18 September 2026 after 140 days on market.

Overview

Welcome to this exceptional home in the highly sought-after Waterstone community of Hillsborough! Meticulously maintained and thoughtfully designed, this spacious residence offers an open-concept main level that seamlessly connects the kitchen, dining, and family rooms—perfect for everyday living and effortless entertaining. Large windows fill the home with natural light and open to a screened porch and adjoining deck overlooking a private, fenced backyard with peaceful wooded views. The modern kitchen is a chef's delight, featuring a center island with granite countertops, stainless steel appliances, and a classic subway tile backsplash. Just off the foyer, a dedicated home office with French doors provides the ideal space for working remotely or quiet study. Upstairs, you'll find three secondary bedrooms, a convenient laundry room, and a luxurious owner's suite complete with a tray ceiling, dual-sink vanity, garden tub, separate tiled shower, and two walk-in closets. The versatile third floor offers the perfect flex space for a bonus room, media room, playroom, or fifth bedroom. The finished basement expands the living space even further with an additional bedroom, bonus room, full bathroom, and abundant storage. Residents of Waterstone enjoy outstanding community amenities, including a swimming pool, playground, and picnic area, along with convenient access to I-40/I-85, shopping, dining, and all that Hillsborough has to offer. Don't miss the opportunity to own this beautifully appointed home in one of Hillsborough's most desirable neighborhoods!

Features

5 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3180 sq. ft. floor area
8712 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Hillsborough over the last 12 months, the estimated median property value of 306 Papyrus Place is $815k.

Median value
$815k
Estimated value range
$468.99k - $2.4m
Median days on market
30
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hillsborough. 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 306 Papyrus Place

2026
Sold
$630,000
18 Sep 2026 by Jennifer Lange, of Howard Perry & Walston Realtor
2023
Sold
$647,000
02 Jun 2023 by Doreen Hostetler, of Doreen Hostetler

Happy sellers in Hillsborough

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We have insufficient information to provide an overview of customer satisfaction for Hillsborough. Viewing the agent profiles, reviews and sales for Hillsborough can provide insights for this location.

Local market activity for 5 bedroom single-family properties in Hillsborough

In the last 12 months, 36 five-bedroom single-family properties similar to 306 Papyrus Place, have been sold.

This represents a 29% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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