Waterstone Homes under $500,000

Welcome to Waterstone, a picturesque subdivision nestled in the charming town of Hillsborough, North Carolina. Known for its stunning natural beauty and close-knit community, Waterstone offers a serene escape while still providing easy access to the vibrant amenities of the Triangle area. With its rolling landscapes and lush greenery, this neighborhood embodies the perfect blend of tranquility and modern living.

Waterstone is an ideal choice for families, first-time homebuyers, and anyone seeking a peaceful retreat without breaking the bank. Here, you’ll find an impressive selection of homes priced under $500,000, making it an accessible option for a wide range of buyers. These thoughtfully designed residences feature open floor plans, modern finishes, and spacious backyards, perfect for entertaining or enjoying a quiet evening under the stars.

The community is not just about beautiful homes; it also boasts an array of amenities that enhance the quality of life for its residents. Enjoy leisurely strolls along tree-lined sidewalks, or take advantage of the nearby parks and recreational facilities that encourage an active lifestyle. Families will appreciate the top-rated schools in the area, ensuring a quality education for children of all ages.

Embrace the opportunity to become a part of Waterstone’s welcoming community, where neighbors become friends and memories are made. With its affordable housing options and idyllic setting, Waterstone is more than just a place to live—it’s a place to call home. Come explore the possibilities and discover your dream home in this enchanting subdivision today!

Newest Waterstone Homes under $500,000

$435,000

3 Beds ⋅ 3 Baths ⋅ 10195918 MLS ⋅ ACTIVE Status

You could be in your new home by the holidays! Once you see this gem, loaded with upgrades, everything else will fade away. The privacy offered by this end unit is nearly unmatched, thanks to its prime location within the neighborhood and serene screened-in porch. An additional custom patio and fenced yard make the space exceptionally functional (and dog-friendly!) for relaxing and enjoying the outdoors. Inside, the open floor plan, oversized kitchen island, gas fireplace, and built-in cabinetry create an entertainer's dream. Incredible kitchen storage means you'll finally have a place for all your gadgets while still enjoying plenty of quartz countertop space for prep and gourmet cooking. Upstairs, alongside the bedrooms, you'll find a versatile loft and the laundry room, eliminating the need to carry heavy baskets up and down the stairs. The spacious primary suite and beautiful ensuite bath make every night feel like a getaway. With abundant storage in the large walk-in closet, there's no need to worry about downsizing your wardrobe. The final touch is a coveted two-car garage! And don't forget the neighborhood amenities: a beautiful pool, playground, walking and fitness trail, and picnic pavilion. When you venture beyond the neighborhood, charming downtown Hillsborough is just minutes away, and I-40 provides easy access to Durham, Raleigh, and points west for work and play. Best of all, there's still time to be settled in and making holiday memories in a home you'll love for years to come. Stop by and discover that your search finally ends here. This is a home worth waiting for.

429 Great Eno Path, Hillsborough

$410,000

3 Beds ⋅ 3 Baths ⋅ 10193526 MLS ⋅ ACTIVE Status

Room to spread out, places to come together and the woods as your backdrop—505 Great Eno Path makes townhome living feel anything but confined. The open main level centers on a modern kitchen with an oversized island, abundant cabinetry and a walk-in pantry, creating an easy flow for cooking, entertaining or simply settling in at the end of the day. A screened porch and adjoining patio carry daily life outdoors, while the wooded setting brings welcome privacy. Upstairs, the spacious primary suite is joined by two additional bedrooms and a bonus loft ready to become an office, media room, play space or quiet retreat. Updates include paint throughout the first and second floors, carpet, lighting, ceiling fans and a new washer, while generous closets and custom shelves in the two-car garage keep everything organized. Enjoy the community pool, playground and sidewalks, then head into downtown Hillsborough for its shops, restaurants and parks. The Riverwalk and other nearby hiking and mountain bike trails offer plenty of adventure. Small-town charm, everyday convenience and a chance to make your own history in Hillsborough!

505 Great Eno Path, Hillsborough

$319,000

3 Beds ⋅ 3 Baths ⋅ 10192400 MLS ⋅ ACTIVE Status

Appealing Townhome in one of the best neighborhoods in the Triangle. Open floorplan concept with lots of natural light. Interior features include quart countertops, stainless steel appliances, smooth high ceilings, recessed lighting, center island with bar counter space, gas range, luxury vinyl flooring on first floor, large kitchen pantry, large primary suite with tiled walk in shower, double vanity, and walk in closet. Open floor plan with spacious dining area, screened in porch overlooking wooded area. Rear yard can be fenced with HOA required fencing type. ( see HOA documents) Other features include, front entry with covered front porch. Single car garage and gas log fireplace. Quiet, prime location. Community pool, clubhouse, playground, and sidewalks . Less than 2 minute drive to downtown Hillsborough. This home is one of the most popular neighborhoods in Hillsborough with convenient location to everywhere in the Triad. 2 minute drive to Historic Hillsborough. Less than 10 minutes to both Chapel Hill and Durham City limits. 15 minutes to Duke and 20 to UNC . 20 minutes to RDU. Day before notice required to show this home.

561 Summit Trail Dr, Hillsborough

$425,000

3 Beds ⋅ 3 Baths ⋅ 10192368 MLS ⋅ ACTIVE Status

Lovely, light-filled, end-unit townhome in historic Hillsborough, NC. Located in the Harmony neighborhood of Waterstone subdivision, this townhome gives you a private screened porch, a two-story living room, great flow and best of all, low maintenance living! Main level primary bedroom has a very nice spa-like bathroom and walk-in closet. Upstairs are two more bedrooms, one with a vestibule, joined by a Jack & Jill bathroom. The bonus room will accommodate big furniture, big TVs or a plethora of cats trees. You decide! ;)

152 Walking Path Pl, Hillsborough

$449,900

3 Beds ⋅ 3 Baths ⋅ 10192241 MLS ⋅ ACTIVE Status

Before you decide....Give this exceptional home a look! Situated directly across the street from UNC Hospital is a beautifully planned neighborhood, in which this stunning townhome is perfectly positioned at the very heart of Harmony at Waterstone. Large back & side yard bordered by natural area with home's front facing the placid pond. Privacy is enhanced by having only one shared wall with benefits of townhome living. Stunning interior features kitchen w/Electrolux appliances, quartz counters, glass tile backsplash, breakfast bar, spacious pantry all overlooking expansive dining & living w/gas fireplace & soaring ceiling. 2 story foyer, roomy laundry & powder room on main. Well appointed serene primary suite on main level w/bath offering tiled floors & shower, massive WIC. Upstairs expansive loft with tall ceilings, two large bedrooms & huge bathroom ensure comfort for everyone. All bedrooms have very large WICs. Both full baths have linen closet and vanities. Generous storage throughout. Plus: attic with pull down stairs & garage for vehicle & more storage! Private screened porch is perfect for an afternoon snooze, a cup of morning tea or a little unwinding at the end of the day. The neighborhood has sidewalks meandering along the tree-lined streets or leading to the sparkling pool, well equipped playground or exercise/recreation area. Something for everyone! Don't miss out on this opportunity for a gracious, nearly effortless lifestyle.

521 Historic Dr, Hillsborough

$400,000

3 Beds ⋅ 3 Baths ⋅ 10189515 MLS ⋅ ACTIVE Status

This charming, moveinready townhome in Waterstone offers an openconcept main level featuring durable LVP flooring, quartz countertops, stainless steel appliances, a pantry, and stylish, energyefficient honeycomb window treatments throughout. Upstairs, the spacious primary suite boasts a large walkin closet, double vanity, and a beautifully tiled shower, plus two additional bedrooms and a flexible loft perfect for a home office, playroom, or study space. Enjoy peaceful mornings and relaxing evenings on the screened porch overlooking a generous backyard. Located minutes from I40/85, UNC Hillsborough Campus, Duke, shopping, dining, and toprated schools, this home delivers convenience and lifestyle in one of Hillsborough’s most desirable communities. All appliances convey. Community amenities include a pool, playground, and walking trails—everything you need for lowmaintenance living at its best.

409 Great Eno Path, Hillsborough

$400,000

3 Beds ⋅ 3 Baths ⋅ 10189511 MLS ⋅ ACTIVE Status

his charming, move in ready townhome in Waterstone offers an open concept main level featuring durable LVP flooring, quartz countertops, stainless steel appliances, a pantry, and stylish, energy efficient honeycomb window treatments throughout. Upstairs, the spacious primary suite boasts a large walk in closet, double vanity, and a beautifully tiled shower, plus two additional bedrooms and a flexible loft perfect for a home office, playroom, or study space. Enjoy peaceful mornings and relaxing evenings on the screened porch overlooking a generous backyard. Located minutes from I 40/85, UNC Hillsborough Campus, Duke, shopping, dining, and top rated schools, this home delivers convenience and lifestyle in one of Hillsborough's most desirable communities. All appliances convey. Community amenities include a pool, playground, and walking trails—everything you need for low maintenance living at its best.

409 Great Eno Path, Hillsborough

$415,000

3 Beds ⋅ 3 Baths ⋅ 10189169 MLS ⋅ ACTIVE Status

A warm blend of modern comfort and natural serenity, this end unit 3-bedroom 2.5 bath townhome offers the kind of everyday ease you are looking for! Nestled in one of Hillsborough's most inviting communities. The home offers bright, open living areas — perfect for relaxing evenings or hosting friends. A modern kitchen with clean lines, ample storage, and a seamless flow into the dining space. Private backyard retreat — ideal for gardening, play, or quiet morning coffee. This home delivers a peaceful, tree lined setting while keeping you close to the charm of downtown, the Eno River, and quick access to Durham, Chapel Hill, Raleigh and RDU Airport. Convenient to I-85 and I-40. Bike or walk to UNC Health's Hillsborough Campus.

728 Great Eno Path, Hillsborough

$337,000

3 Beds ⋅ 3 Baths ⋅ 10185808 MLS ⋅ ACTIVE Status

Location, lifestyle, and convenience come together in this desirable Waterstone townhome! Offering 1,700+ sq ft with 3 bedrooms, 2.5 baths, and a 1-car garage, this beautiful home features one of the community's most sought-after floorplans and is ideally positioned for easy access to Historic Downtown Hillsborough, UNC, Duke, and destinations throughout the Triangle. Step inside to a bright, open floorplan featuring hardwood floors throughout the main level and fresh interior paint throughout the majority of the home. The spacious kitchen offers granite countertops, a convenient breakfast bar, and stainless steel appliances, while the inviting living room is anchored by a cozy gas fireplace. A washer and dryer are also included for added convenience. Upstairs, you'll find three comfortable bedrooms and two full baths, offering plenty of flexibility for everyday living, guests, or a home office. A private 1-car garage plus additional off-street parking add even more appeal. And just in time for summer—enjoy the Waterstone clubhouse and community pool! Grab your swimsuit and make the most of one of the neighborhood's favorite amenities. Fantastic location, spacious and inviting floorplan, great community amenities, and easy access to everything you need—this Waterstone townhome truly checks all the boxes!

506 Aronia Dr, Hillsborough

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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 .