1702 Ferrell Rd, Chapel Hill, NC 27517

*Seller is willing to offer a concession toward an interest rate buydown to help reduce the buyer's mortgage payments.* Move-in ready 5 bedroom 3 bath renovated home. Thoughtful updates, versatile living spaces, and close proximity to the UNC-Chapel Hill campus await in Chapel Hill's desirable Colony Woods neighborhood! This inviting split-level home features a bright living and dining area with beautifully refinished hardwood floors. The updated main kitchen showcases new appliances, quartz countertops, freshly painted cabinetry, and updated hardware. Upstairs, three bedrooms are complemented by two refreshed bathrooms featuring new quartz countertops, fixtures, lighting, and mirrors. The finished lower level offers additional rooms, a masonry fireplace, a kitchenette, and a separate entrance through the screened porch, providing flexibility for guests, a home office, hobbies, or extended living arrangements. Major improvements include a roof and HVAC replaced in 2023, a former carport converted to a one-car garage with a garage door opener, and a resurfaced driveway and sidewalk. Screened porch and patio improvements, enhanced landscaping, and shed repairs add to the home's appeal. Enjoy an established neighborhood setting with convenient access to Trader Joe's, Whole Foods Market, and the University of North Carolina at Chapel Hill! With nearby parks, shopping, dining, and everyday amenities, this location offers a wonderful balance of neighborhood charm and convenience. A welcoming home with fresh finishes, flexible living spaces, and room to make it your own!