Luxury estate on a private 1.7 acre lot with gentle upslope drive and serene views from walls of windows. Extraordinary swimming pool with rock outcropping waterfall! Located in the gated Governors Club, home to the 27-hole Jack Nicklaus Signature golf course. Be amazed at the craftsmanship in this estate from built-in bookcases, floor to ceiling windows to the rich hardwood floors that grace most of the main level. The spacious chef's kitchen features a stone fireplace, top-of-the-line appliances, stone countertops, and dual dishwashers. Potential TWO BEDROOMS on Main! (Currently one is used as a family room). Primary suite on the main with two dressing rooms/closets. Upstairs w/additional bedrooms and two full baths. Bedrooms offer flexibility for you to customize to your needs. Step outside to your 4-star resort! And entertain on the huge patio. Enjoy this PRIVATE resort backyard with pool, pergola, and outdoor kitchenette. Grill your favorites. True luxury living! Close to UNC, Duke, Airport, Chatham and Research Triangle Park, great medical. Sealed crawl space and meticulous construction.
For sale
$1,999,500
12723 Morehead, Chapel Hill, NC 27517
5beds
5,211sqft
Single Family Residence, Residential
Built in 1990
1.7 Acres Lot
$1,867,400 Zestimate®
$384/sqft
$330/mo HOA
What's special
Stone fireplaceGentle upslope driveFloor to ceiling windowsHuge patioBuilt-in bookcasesTop-of-the-line appliancesDual dishwashers
- 18 hours |
- 247 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Jill Ehrenfeld 919-260-6968,
Governors Club Realty
Source: Doorify MLS,MLS#: 10172359
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Fireplace(s), Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Oven
- Laundry: Main Level
Features
- Bookcases, Built-in Features, Ceiling Fan(s), Dual Closets, Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Master Downstairs, Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: Insulated Windows
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,211
- Total interior livable area: 5,211 sqft
- Finished area above ground: 5,211
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Fenced Yard, Outdoor Grill, Private Yard
- Pool features: Fenced, In Ground, Outdoor Pool
- Fencing: Back Yard
- Has view: Yes
Lot
- Size: 1.7 Acres
- Features: Back Yard
Details
- Additional structures: Pergola
- Parcel number: 0066825
- Zoning: res
- Special conditions: Seller Licensed Real Estate Professional
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary, Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Stone, Synthetic Stucco
- Foundation: See Remarks
- Roof: Shingle
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Gated, Sidewalks, Street Lights
- Subdivision: Governors Club
HOA
- Has HOA: Yes
- Amenities included: Gated, Park
- Services included: Road Maintenance, Storm Water Maintenance
- HOA fee: $3,957 annually
Location
- Region: Chapel Hill
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $1,537,952
- Annual tax amount: $10,953
- Date on market: 6/6/2026
- Road surface type: Concrete
Estimated market value
$1,867,400
$1.77M - $1.96M
$6,547/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Listed for sale | $1,999,500$384/sqft |
Source:  Doorify MLS #10172359 Report a problem | ||
| 5/5/2026 | Listing removed | $1,999,500$384/sqft |
Source: Doorify MLS #10154390 Report a problem | ||
| 3/20/2026 | Listed for sale | $1,999,500+25%$384/sqft |
Source: Doorify MLS #10154390 Report a problem | ||
| 6/20/2024 | Sold | $1,600,000-11.1%$307/sqft |
Source: Doorify MLS #10023270 Report a problem | ||
| 5/6/2024 | Contingent | $1,800,000$345/sqft |
Source: Doorify MLS #10023270 Report a problem | ||
| 4/16/2024 | Listed for sale | $1,800,000+50%$345/sqft |
Source: Doorify MLS #10023270 Report a problem | ||
| 7/8/2009 | Sold | $1,200,000$230/sqft |
Source: Doorify MLS #1656454 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,953 +32.5% | $1,537,952 +61.4% |
| 2024 | $8,267 +6.7% | $953,140 |
| 2023 | $7,749 +3.8% | $953,140 |
| 2022 | $7,463 +1.3% | $953,140 |
| 2021 | $7,368 -9.9% | $953,140 -9.3% |
| 2020 | $8,180 | $1,051,409 |
| 2019 | -- | $1,051,409 |
| 2017 | $7,778 | $1,051,409 -8.9% |
| 2016 | $7,778 -9.5% | $1,153,526 |
| 2015 | $8,590 +3.7% | $1,153,526 |
| 2014 | $8,280 | $1,153,526 |
| 2013 | $8,280 | $1,153,526 |
| 2012 | -- | $1,153,526 |
| 2011 | -- | $1,153,526 |
| 2010 | -- | $1,153,526 |
| 2009 | -- | $1,153,526 -4.1% |
| 2008 | -- | $1,203,252 |
| 2007 | $8,500 +7.5% | $1,203,252 |
| 2005 | $7,905 | $1,203,252 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Governors Club
Nearby schools
GreatSchools rating
- 9/10North Chatham ElementaryGrades: PK-5Distance: 1.5 mi
- 4/10Margaret B. Pollard Middle SchoolGrades: 6-8Distance: 4.1 mi
- 5/10Seaforth HighGrades: 9-12Distance: 7.6 mi
Schools provided by the listing agent
- Elementary: Chatham - North Chatham Elementary
- Middle: Chatham - Margaret B Pollard Middle School
- High: Chatham - Seaforth High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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