Colony Lake Real Estate

Located in Chapel Hill, Colony Lake has been developed since the 1980s through the early 90s. This charming subdivision full of beautiful trees is a mixture of townhomes, single-family homes, and duplexes. Colony Lake homes for sale are pet-friendly and come with amenities that include a central private lake, playgrounds, tennis courts and lush greenspaces. Colony Lake homes for sale are just as beautiful as this neighborhood is convenient. With easy access to major thoroughfares, Chapel Hill’s free bus service, and close proximity to UNC or Duke University, Colony Lake is a great place to start your home buying journey.

Learn more about how you can make Colony Lake real estate your new home, or begin your search for homes for sale directly below.

Discover Colony Lake Real Estate in Chapel Hill, NC

All Listings $100,000 - $200,000 $300,000 - $400,000
$600,000 - $700,000
228 St Andrews Lane, Chapel Hill
  • Residential
  • 2 Beds
  • 2 Baths
  • 1,136 SqFt

228 St Andrews Lane, Chapel Hill

$185,000
307 Colony Woods Drive, Chapel Hill
  • Residential
  • 4 Beds
  • 3 Baths
  • 2,155 SqFt

307 Colony Woods Drive, Chapel Hill

$389,900
1937 Fireside Drive, Durham
  • Residential
  • 4 Beds
  • 4 Baths
  • 2,201 SqFt

1937 Fireside Drive, Durham

$625,000 ↑ $25,000

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Explore Colony Lake Homes For Sale

Colony Lake homes for sale are an excellent option for anyone looking for a starter home or an affordable and mature neighborhood. If a white house with Colonial shutter windows and a red door speaks to you, you’ve come to the right place since many of the homes found in this quaint neighborhood are reminiscent of this iconic Americana style.

Since Colony Lake real estate is mature, so too are the elegant trees that outline the lots and dot the neighborhood streets. Though this is a close-knit neighborhood, the lots are still big enough for home owners to have a moderate sized garden.

Colony Lake single-family homes for sale range from one-level rancher styles to traditional two-story floor plans. These homes come with 3-4 bedrooms and bathrooms. Larger homes have lovely sundecks and porches. Some homes have screened-in porches for those hotter North Carolinian months. Depending on which part of the neighborhood you find your new home in, some properties have direct access to the private lake where you can enjoy a nice walk-about your neighborhood.

Colony Lake duplexes are well-kept and have come with one car garages, 2 to 3 bedrooms and 2 bathrooms, updated kitchens with new appliances, freshly painted interiors, hardwood floors, and screened porches. Town homes have plenty of space boasting 9-foot ceilings. The neighborhood also has private tennis courts for residents.

Since these homes range from the low $100,000s to $300,000s, these properties are great starter homes. In fact, some graduates from UNC and Duke University end up buying their first home in this neighborhood. Colony Lake real estate is also a great place to find an income generator, as plenty of mature students would benefit from being so close to campus. UNC and Duke University are located 10 minutes down the road from your Colony Lake doorstep.

Life in Colony Lake

Life in Colony Lake Colony Lake is a well-planned neighborhood in a peaceful setting next to a private lake. For anyone commuting, one of the best aspects of investing here is not only the lovely homes but also having access to the Chapel Hill bus line. Getting to places could never be easier or more affordable!

Situated a few blocks away from the main thorough-fair Durham-Chapel Hill Boulevard and easy access to the i-40 allows for residents to find all of their shopping and dining needs. Lowe’s Home Improvement, Walmart SuperCenter, Best Buy, The Home Depot and Trader Joe’s can be found moments away from home. More shopping is located in the center of Chapel Hill at various malls like University Place, Meadowmont Village, Eastgate Crossing, and Glen Lennox Shopping Center.

Colony Lake is also close to Research Triangle Park (RTP), the No.1 largest research park in the country. It’s a profound place where research communities come together and invent the future, providing meaningful jobs and quality education. Some amazing innovation has come out of here and is home to top employers like Lenovo, IBM Corporation, and Credit Suisse.

Chapel Hill Aquatic Center and Chapel Hill-Carrboro YMCA can be found 15 minutes away from home. Private tennis courts and parks can be found at Colony Lake.

Schools Near Colony Lake real estate

  • Chapel Hill Carrboro City School District
  • Ephesus Roal Elementary
  • Montessori Day School
  • Artgarden Montessori School
  • Estes Hills Elementary School
  • The University of North Carolina at Chapel Hill
  • Duke University

Does living in the beautiful neighborhood of Colony Lake interest you? If so, be sure to get in touch with our group of professionals! Our team is dedicated to finding you the best options!

© 2019 Triangle MLS, Inc. of North Carolina. All rights reserved.

Triangle MLS LogoThe data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Coldwell Banker Advantage are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnail logo (the TMLS logo) and detailed information about them includes the name of the listing firms.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.

Listing information last updated on April 22nd, 2019 at 6:54am EDT.