Colony Lake Homes with Chapel Hill Carrboro - Ephesus Road Elementary School

Welcome to Colony Lake, a serene and inviting subdivision nestled in the heart of Chapel Hill, North Carolina. Known for its picturesque landscapes and vibrant community, Colony Lake offers a perfect blend of tranquility and convenience, making it an ideal place for families, professionals, and retirees alike.

The homes in Colony Lake are designed with comfort and style in mind, featuring spacious layouts, modern amenities, and beautiful outdoor spaces. Many residences boast stunning views of the nearby lake, providing a peaceful backdrop for everyday living. With a variety of architectural styles, there’s something to suit every taste, whether you prefer a cozy cottage or a contemporary family home.

One of the standout features of this community is its proximity to top-rated schools, including the esteemed Chapel Hill Carrboro - Ephesus Road Elementary School. Families residing in Colony Lake can take pride in knowing their children have access to an exceptional education, fostering a strong foundation for lifelong learning. The school’s commitment to academic excellence and a nurturing environment makes it a sought-after choice for parents.

In addition to the educational opportunities, Colony Lake is conveniently located near a variety of shopping, dining, and recreational options. Enjoy leisurely strolls along scenic trails, or spend weekends exploring the vibrant local culture that Chapel Hill has to offer. With easy access to major highways and public transportation, commuting to nearby cities is a breeze.

Discover the charm and community spirit of Colony Lake, where your dream home awaits amidst the beauty of Chapel Hill!

Newest Colony Lake Homes with Chapel Hill Carrboro - Ephesus Road Elementary School

$295,000

2 Beds ⋅ 3 Baths ⋅ 10191874 MLS ⋅ ACTIVE Status

Charming end unit townhome in sought after Colony Lake! This 2BR/2.5BA home is filled with natural light thanks to extra end unit windows, and features LVP flooring throughout for easy, low maintenance living. Upstairs, each bedroom enjoys its own private full bath, plus a convenient half bath on the main level. Colony Lake offers a private community lake, tennis courts, and two playgrounds, all set on tree lined streets with an easy going, small town feel. Enjoy quick access to Wegmans, Chapel Hill Transit's free bus routes, Franklin Street, and both UNC and Duke — a prime location for hospital and campus commuters alike. Currently leased through 7/31/27, making this a turnkey investment with immediate, established income. Don't miss this low maintenance opportunity in one of Chapel Hill's most beloved neighborhoods!

200 Standish Dr, Chapel Hill

$350,000

3 Beds ⋅ 2 Baths ⋅ 10190086 MLS ⋅ ACTIVE Status

Meet Sir Richard: Charming, Turn-Key Living in the Heart of Colony Lake! Welcome to 212 Sir Richard Drive, a beautifully updated ranch home in the highly desirable Colony Lake neighborhood. No carpet, no projects, no waiting, just move-in-ready living! With a new roof, HVAC system, and heat pump installed in 2025, the major updates are already done for you. Step inside to discover a bright, open floor plan with 9-foot ceilings and an inviting flow between the living spaces. The gorgeous updated kitchen is a true highlight, featuring high-end stainless steel appliances and plenty of space for cooking, gathering, and entertaining. Thoughtful updates throughout the home create a fresh, modern feel while maintaining the warmth and charm that makes this home so inviting. Step outside and prepare to smile. The fenced backyard is one of the nicest in the neighborhood, offering a private retreat for relaxing, gardening, playing, or entertaining. The rear patio provides the perfect spot for morning coffee or evening gatherings with friends and family. Colony Lake offers an exceptional combination of convenience and lifestyle, with a community lake and tennis courts right in the neighborhood. And for everyday convenience, you can walk to Wegmans! Located near excellent schools, shopping, restaurants, parks, and the free Chapel Hill Transit bus route, this home puts the best of Chapel Hill living right at your fingertips. Turn-key, low-maintenance, beautifully updated, and wonderfully located, Sir Richard is ready to welcome you home.

212 Sir Richard Ln, Chapel Hill

$289,900

2 Beds ⋅ 1 Baths ⋅ 10181612 MLS ⋅ ACTIVE Status

Rare Colony Lake find with an unmatched green-space view! This light-filled, one-level end-unit townhome offers vaulted ceilings, an open-concept living/dining area, and a cozy wood-burning fireplace. Enjoy your private patio overlooking peaceful green space — no rear neighbors! Pride of ownership shows throughout; all major systems serviced, including a tankless water heater. Minutes to UNC & Duke, quick access to I-40, shopping, dining, and the bus line. Comfort, convenience, and location — all in one!

156 St Andrews Ln, Chapel Hill

$299,900

2 Beds ⋅ 3 Baths ⋅ 10180389 MLS ⋅ ACTIVE Status

Enjoy low maintenance living at 104 Sir Richard Lane, where thoughtful updates and a convenient Chapel Hill location come together. One of the home's standout features is the brand new windows, intalled in the last year. Inside, you'll find two spacious bedrooms, 2.5 bathrooms. The generous primary suite includes a walk in closet and a private bathroom with a tiled shower, creating a comfortable space to unwind. The main level offers a functional layout for everyday living, with easy access to the private rear patio and backyard, ideal for relaxing outdoors or entertaining friends and family. Located near shopping, restaurants, parks, and the free Chapel Hill Transit bus route, this home makes it easy to enjoy everything the area has to offer. If you're looking for an updated, move in ready townhouse in a convenient location, 104 Sir Richard Lane is one you won't want to miss.

104 Sir Richard Ln, Chapel Hill

$323,000

2 Beds ⋅ 2 Baths ⋅ 10179388 MLS ⋅ ACTIVE Status

One story living in Colony Lake, end unit townhome with an open floor plan, hardwood floors in the dining room/family room areas, vaulted ceilings, and a sunroom addition on an oversized double lot. The owner's suite features a walk in closet, double sink and a walk in tub conversion with shower. The interior has been freshly painted and the HVAC has been updated in 2021. Fridge, washer/dryer convey. Minutes to Wegmans Food Market and Whole Foods.

101 Standish Dr, Chapel Hill

$454,900

3 Beds ⋅ 2 Baths ⋅ 10177898 MLS ⋅ ACTIVE Status

Price adjusted. Sellers now offering a $5000 allowance with an acceptable offer. Nestled among mature trees with peaceful views of the neighborhood lake, this beautifully maintained one-level home offers the perfect balance of privacy, comfort, and convenience in desirable Colony Lake. Featuring 3 bedrooms, 2 bathrooms, and 1,700 square feet, the thoughtfully designed floor plan provides comfortable everyday living with inviting spaces for gathering and entertaining. Large windows, abundant natural light, and hardwood floors create a bright, welcoming feel throughout. A cozy family room with a fireplace opens to a spacious dining and gathering space that serves as the heart of the home. The kitchen features stainless steel appliances, a gas range, generous counter space, and a skylight that fills the room with natural light. Just beyond the kitchen, the rear entry with laundry offers additional flexible space for a breakfast nook, coffee bar, or drop zone. The private primary suite offers direct access to the rear deck and includes a spacious bath with dual vanities, a soaking tub, and a separate shower. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. Recent improvements provide added value and peace of mind, including a new roof, siding, and water heater (2021), plus HVAC replacement (2019). Step outside to the expansive rear deck overlooking mature trees and the neighborhood lake, creating a peaceful setting for morning coffee, outdoor dining, or relaxing at the end of the day. Ideally located just minutes from UNC, Duke, shopping, dining, parks, and major commuting routes, Colony Lake residents also enjoy neighborhood tennis and basketball courts for added recreation. This move-in ready home combines thoughtful updates, tranquil outdoor living, and an exceptional Chapel Hill location. Some photos have been virtually staged to illustrate the home's potential.

107 Bay Colony Ct, Chapel Hill

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .