549B Cedar Lake Rd, Chapel Hill, NC 27516
Property image
Property image
OFF MARKET

$224,700

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 875 sqft

549B Cedar Lake Rd, Chapel Hill, NC 27516

Est. Refi. Payment $1,379/mo*
Refinance Your Home

Home Value

Trulia Estimate
$225K
Since last month
Increased$29K (+14.9%)
Since last year
Increased$7K (+3.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +128% in the last 10 years
MonthEstimated value
2026
August 2026$225K
August 2026$225K
July 2026$196K
June 2026$215K
May 2026$213K
April 2026$212K
March 2026$201K
February 2026$191K
January 2026$190K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
280B Cedar Lake Rd, Chapel Hill, NC
0.20
Townhouse
$225,000
02/04/26
2
1
900
285C Plaza Dr, Chapel Hill, NC
0.61
Townhouse
$289,500
10/21/25
2
3
1,466
245 Plaza Dr #E, Chapel Hill, NC
0.65
Townhouse
$305,000
07/01/26
2
2.5
1,385
285 Plaza Dr #C, Chapel Hill, NC
0.67
Townhouse
$289,500
10/21/25
2
2.5
1,483
245 Plaza Dr, Chapel Hill, NC
0.66
Townhouse
$305,000
07/01/26
3
2.5
1,386
111 Hidden Valley Dr, Chapel Hill, NC
1.44
Townhouse
$265,000
07/21/26
2
1.5
1,253
103 Hidden Valley Dr, Chapel Hill, NC
1.51
Townhouse
$260,000
06/01/26
2
2
1,211
100 Hidden Valley Dr, Chapel Hill, NC
1.54
Townhouse
$225,000
03/02/26
2
1.5
1,210
158 Poplar St #A, Chapel Hill, NC
1.70
Townhouse
$260,000
02/09/26
3
1.5
968
44 Owen Towne Rd, Chapel Hill, NC
1.88
Townhouse
$365,000
07/29/26
2
2.5
1,520

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
348-360 Cedar Lake Rd #&-B, Chapel Hill, NC 27516
0.06
$1,250,000
12
6
4,416
For Sale
348-360 Cedar Lake Rd #A & B, Chapel Hill, NC 27516
0.10
$1,250,000
8
6
4,416
For Sale
543-549 Cedar Lake Rd, Chapel Hill, NC 27516
0.10
$1,295,000
12
6
5,301
For Sale
415 Cedar Lake Road, Chapel Hill, NC 27516
0.08
$192,600
2
1
851
Off Market
292 Cedar Lake Rd #A, Chapel Hill, NC 27516
0.15
$190,600
2
1
843
Off Market
51 Cedar Court, Chapel Hill, NC 27516
0.31
$303,100
4
2
1,852
Off Market
327 Woodbridge Dr, Chapel Hill, NC 27516
0.33
$417,500
4
2
1,921
Off Market
500 Marvin Edwards Ln, Chapel Hill, NC 27517
0.36
$400,000
2
1
1,218
Recently Sold
47 Bell Cir #A, Chapel Hill, NC 27516
0.36
-
4
2
-
Off Market
174 Craig Hill Ln, Chapel Hill, NC 27516
0.37
$963,500
5
4
4,060
Off Market
79 Cedar Ter #A & B, Chapel Hill, NC 27516
0.37
$344,600
4
2
-
Off Market
152 A&b Cedar Ter, Chapel Hill, NC 27516
0.38
$356,800
4
2
1,791
Off Market

Local Information

  • Map ViewExplore the area around 549B Cedar Lake Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 1960
875 sqft
$257/sqft

About this House

Charming 2 bedroom, 1 bath duplex for sublet across from Cole Park Plaza in Chapel Hill.Sublet runs from now until August 30 with an option to renew directly with the landlord at the end of the term. Or you can sign a lease directly with the landlord starting now and ending August 30 2016. Whichever you prefer.- 1 Bedroom with double closets, 1 with Washer/dryer hookup and large closet- 1 Full Bathroom- Ample parking- Stove/Oven- Dishwasher- Refrigerator- Double stainless steel Sink- Low maintenance laminate flooring throughout living room and bedrooms- Close To Free Bus (UNC Park & Ride) - 8 minutes to downtown Chapel Hill/Carrboro- Close To Shopping- Restaurants- Dog Park- Gas Station- Pharmacy- Grocery Stores- New hot water heaterOwner to pay water, tenant to pay all other expenses
549B Cedar Lake Rd, Chapel Hill, NC 27516 is a 2 bedroom, 1 bathroom, 875 sqft townhouse built in 1960. More recently, it was listed as a rental in February 2015 with an asking price of $725 per month. That rental listing was removed on February 26, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $224,700, with a rent estimate of $1,307/month.

Home Details for 549B Cedar Lake Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Additional StorageTypes of Rooms: Breakfast NookStorageCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Townhouse

Exterior Features

Exterior Home Features
LawnPatio
Parking & Garage
Parking: Off Street

Price and Tax history

DateEventPrice
Feb 26, 2015
Source: Agent Provided
ListingRemoved
$725
Feb 20, 2015
Source: Agent Provided
Listed For Rent
$725

Market trends in Chapel Hill

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$671K
$16.17KMoM
Sale-to-List Price
99.6%
0.1%MoM
Price per sq ft
$286
$7MoM
Available listings
489
5MoM

Around this home

What Locals Say about Chapel Hill

At least 388 Trulia users voted on each feature.

  • 93 % Say it's dog friendly

  • 80 % Say car is needed

  • 74 % Say it's quiet

  • 73 % Say parking is easy

  • 73 % Say there's holiday spirit

  • 73 % Say people would walk alone at night

  • 69 % Say kids play outside

  • 67 % Say there's wildlife

  • 66 % Say there are sidewalks

  • 65 % Say yards are well-kept

  • 58 % Say streets are well-lit

  • 56 % Say neighbors are friendly

  • 52 % Say they plan to stay for at least 5 years

  • 51 % Say it's walkable to restaurants

  • 43 % Say it's walkable to grocery stores

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lorraine.francioni
    "There are dog stations all over the neighborhood for bags and disposal; plus many neighbors leave fresh water bowls outside for pets. "
    0
    Flag
  • Amitywhalen
    "We have 2 dogs in Governors Club. Some streets are nice to walk dogs on and some too busy. There is a dog park though. "
    0
    Flag
  • Ann
    "There is tons of traffic during normal rush hours. Then during off hours it’s just generally busy. Many of the roadways are too narrow for the amount of cars utilizing them. "
    0
    Flag
  • Ahcorbet
    "Swimming pool, food trucks, fitness room, yard sale, concerts, lots of trails, bike races, pickle ball"
    3
    Flag
  • Trulia User
    "I’ve lived here for 4 years and can’t imagine a better neighborhood or better neighbors. People are kind, generous and look out for one another. "
    3
    Flag
  • Trulia User
    "Yes it is really quite nice with full tree cover and shade in summer. Yes indeed it is — no kidding that is truly and fully the honest to goodness truth. "
    0
    Flag
  • Klbrewer
    "Friendly, relaxing, safe, well-maintained where people talk to each other, do activities together and do favors for each other "
    0
    Flag
  • Emysue
    "No events really. But lots to do in surrounding places. FranklinStreet, Carrboro, parks, etc etc etc"
    0
    Flag
  • Curtis P.
    "The Chapel-Hill Carrboro school district is one of the best in the state of North Carolina. Most of the older established neighborhoods are in close proximity to amenities and freeway access."
    1
    Flag
  • Areleyy13
    "Halloween on franklin st. Christmas parade UNC games School events are amazing and family friendly "
    0
    Flag
  • Thompsoneve
    "The convenient location & the abundance of beautiful trails are my favorite part of the neighborhood. "
    1
    Flag
  • Esther
    "The Chapel Hill public schools are truly exceptional. The diversity inherent in local demographics is reflected in the teachers and staff that Chapel Hill public schools draw. "
    1
    Flag
  • Pointyhooves
    "Neighborhood is very kid friendly. Great for walking and most houses are set back from the road. ———-"
    4
    Flag
  • Pointyhooves
    "Good neighborhood for walking, lots of other dogs, some people have dogs off leash but rare. Quiet neighborhood. "
    3
    Flag
  • Elizabethatroutman
    "Two very busy dog parks; streets are dog friendly and many folks walk in the early morning and evening "
    0
    Flag
  • TScott
    "Good commute and access to public transit. Live in Chapel Hill (Orange County) with access for amenities such as health center, grocery store, dry cleaners all within walking distance."
    0
    Flag
  • Lynsey B.
    "College basketball and football games. Go UNC Tarheels. Close and easy to get to. We love Chapel Hill. "
    0
    Flag
  • Lynsey B.
    "The dog park is nice and big! I would like more doggy stations throughout the neighborhood with dog bags. "
    0
    Flag
  • Alexis800
    "I lived here for a year and a half and so far so good there are some areas along the highway that need traffic light for students who cross it to take public transit to get around"
    11
    Flag
  • Randal J.
    "There great schoolsin Chapel Hill but they are shockingly competitive and extremely driven parents. "
    1
    Flag
  • Nicole M.
    "Parks are awesome. A little bit of everything right at the tips of your fingers. Malls about 20-30 minutes away. Movie theaters about 10-30 minutes away. Bowling alley about 30 minutes away"
    0
    Flag
  • Wpb143
    " great food expansive choices in type of cuisine wide variety of music venues and free hus services with multiple park anb rides"
    0
    Flag
  • Jason J.
    "Lots of sidewalks and trails that are great for walking or running. There are a lot of people that walk their dogs off leash which causes problems at times. "
    5
    Flag
  • Mai2nss
    "my neighborhood is safe, can see a lot of trees, dufferent kinds of flowers with many different colors at all seasons. we can take a walk nearby our neighborhood. "
    0
    Flag
  • Gracie H
    "Close knit group of young professionals and grad students to retired residents. Everyone friendly and glad To lend a helping hand. "
    0
    Flag
  • Mai2nss
    "Quiet and safe neighborhood! Far from busy traffic but not from highway and shopping centers, hospitals, restaurants and schools."
    0
    Flag
  • Rachel J.
    "College basketball rivalry between UNC and Duke University. Special speakers at the colleges. Beautiful botanical gardens."
    0
    Flag
  • Amandasholliday
    "Fourth of July parade, farmers market, great parks, sense of community and free public transportation. "
    2
    Flag
  • Rachel J.
    "East Chapel Hill High School is an academically challenging school. There are plenty of AP classes. Highly recommend homes in their district. Neighbors are very friendly and kind to newcomers. The city of Chapel Hill workers are competent, efficient and take pride in their work. Lots of our roads have recently been repaved."
    0
    Flag
  • Dona L. S.
    "I stay at SECU Family House, when seeing doctors. A beautiful area, well maintained, community spirit."
    0
    Flag
  • Julialeelemon
    "Your days will be less difficult if you’re at all able to avoid the rush hour windows of 6:30-9:30am, lunch hours, and 3-7pm. The congestion is ridiculously thick, and at this point of heavy convergence: Fordham/15-501, Hwy 54E&W/Raleigh Rd, and an on/off ramp for I-40 less than 2 miles away, the roads are absolutely overwhelming now. Do expect traffic to quadruple (at the VERY least) as soon as just a handful of new developments reach completion. UGH!!"
    0
    Flag
  • Allison Scott
    "Downing Creek Chapel Hill NC Best neighborhood in region Safe, well maintained, pool, tennis course, beautiful and heavily tree lined streets "
    0
    Flag
  • Renee Blake
    "I nanny in the area, my two kids have lots of playdates and my neighbors are pretty awesome. The area is residential, no college students really, and a short 20-30 min walk to whole foods, traders Joe's or Harris teeter. There's also University Mall, and a movie theater so lots to do on a pretty day. I've lived in this area for 12 years. Raising a family here and I love it."
    2
    Flag
  • Anthony P.
    "there's a big dog park and poopbags available around the neighborhood. There are alot of dog owners in the neighborhood."
    0
    Flag
  • Lemo2121
    "I do not live here just visiting for a week. But it’s a lovely place. Great weather today. Enjoy the area and shopping. "
    0
    Flag
  • Robertsondesigns
    "They would fit right in with all the other dog owners. I’m not one though. Some yards need fences. Dogs are a lot of work, and sometimes your friends won’t want them coming along for dinner as part of the social contract. In short, I don’t want a dog, but lots of others around here do."
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 549B Cedar Lake Rd

  • What is 549B Cedar Lake Rd estimated to be worth?
    Trulia's estimated value for 549B Cedar Lake Rd in Chapel Hill, NC is $224,700.
  • Is Chapel Hill a buyer's or seller's market?
    Chapel Hill is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Chapel Hill?
    The median sale price in Chapel Hill is $671K. That is up $16.17K from the prior month.
  • What do residents say about Chapel Hill?
    Residents describe Chapel Hill, NC as dog-friendly, quiet, and easy to park in. Most residents say you need a car. See recently sold homes in Chapel Hill, NC.
  • Does 549B Cedar Lake Rd have air conditioning?
    Yes, 549B Cedar Lake Rd in Chapel Hill, NC has air conditioning.
  • Does 549B Cedar Lake Rd have parking?
    Yes, 549B Cedar Lake Rd in Chapel Hill, NC has on-site parking.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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