Colony Lake Townhomes for Sale

Welcome to Colony Lake, a hidden gem nestled in the heart of Chapel Hill, North Carolina. This picturesque subdivision offers a perfect blend of tranquility and convenience, making it an ideal place for families, professionals, and retirees alike. With its serene lakeside views and lush green spaces, Colony Lake invites you to experience a lifestyle characterized by natural beauty and community spirit.

The townhomes for sale in Colony Lake are designed with modern living in mind, featuring spacious layouts, contemporary finishes, and abundant natural light. Each unit offers a unique charm, with options ranging from cozy two-bedroom homes to expansive three-bedroom residences. Whether you’re looking for a starter home or a place to downsize, Colony Lake has something to suit every taste and budget.

Residents of Colony Lake enjoy easy access to a variety of amenities, including shopping, dining, and recreational activities. The nearby parks and walking trails provide plenty of opportunities for outdoor adventures, while the vibrant downtown Chapel Hill area is just a short drive away, offering a rich cultural scene, top-rated schools, and a welcoming community atmosphere.

With its blend of comfort, convenience, and community, Colony Lake is more than just a place to live; it’s a lifestyle choice. Explore the townhomes for sale today and discover the perfect blend of suburban charm and urban accessibility that awaits you in this enchanting Chapel Hill neighborhood. Your dream home is just a visit away!

Newest Colony Lake Townhomes for Sale

$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

$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

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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 .