10 Ellen Place Chapel Hill, NC 27514

Charming Lake Ellen Retreat with Incredible Multigenerational Potential. Tucked among mature trees on beautiful Lake Ellen, this distinctive 1980 home offers a rare combination of privacy, natural beauty, and convenience to Chapel Hill's best amenities. With its unique architecture, peaceful wooded setting, and direct access to the lake, this is a home that feels like a private retreat while being just 2.7 miles from UNC Chapel Hill and approximately 2 miles from I-40. The main level welcomes you with a newly renovated kitchen, spacious living room overlooking the lake and wooded backyard, and a dedicated dining room—creating a comfortable and inviting space for everyday living and entertaining. The generous owner's suite offers a peaceful retreat of its own, complete with a renovated private bath and large walk-in closet. Upstairs, a private bedroom suite with a full bath and large walk-in closet provides additional flexibility for family, guests, or a home office. The lower level takes the possibilities to another level. With two bedrooms, a full kitchen, living room, dining area, full bath, and beautiful views of the lake and wooded backyard, this space could serve as an exceptional in-law suite, multigenerational living area, guest quarters, or potential rental opportunity. Outside, enjoy the serenity of Lake Ellen from your own wooded surroundings, with a private dock providing easy access for launching a kayak, canoe, or paddleboard and enjoying the lake at your leisure. Paths and mature landscaping create a wonderfully private setting while keeping you close to everything Chapel Hill has to offer. Chapel Hill changed the address number last year from 1208 Ellen Place to 10 Ellen Place. Whether you're looking for a peaceful full-time residence, a home designed for multigenerational living, or a property with potential for additional rental income, this one offers remarkable flexibility. Private, peaceful, and surrounded by nature—yet minutes from UNC, I-40, shopping, dining, and all the amenities of Chapel Hill. A truly special opportunity on Lake Ellen.