11483 Club Dr Chapel Hill, NC 27517
Governors Club NeighborhoodEstimated payment $5,596/month
Highlights
- On Golf Course
- Gated Community
- Cottage
- North Chatham Elementary School Rated A-
- Main Floor Primary Bedroom
- Wrap Around Porch
About This Home
Introducing the Sandhills Cottage at Governors Club—a distinctive 6-bedroom, 8-bathroom residence offering a unique investment opportunity. This property is HOA-approved for short-term rentals and has been thoughtfully renovated to function as a boutique-style inn. Each suite features private exterior access, a kitchenette, and an en-suite bath, providing guests with a hotel-like experience. The home boasts multiple common areas, including a spacious living room, dining area, and a fully equipped kitchen, making it ideal for gatherings or events. Situated on a prime lot with golf course views and just a short walk to the clubhouse and amenities, this home is perfect for investors seeking a turnkey STR property, a corporate retreat, graduate student housing or a luxurious primary residence. Proximity to UNC, RDU, RTP, and Duke enhances its appeal. Don't miss this unique blend of luxury and income potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,278
Year Built
- Built in 1996
Lot Details
- 0.29 Acre Lot
- On Golf Course
HOA Fees
Home Design
- Cottage
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 5,419 Sq Ft Home
- 2-Story Property
- Washer and Dryer
- Finished Basement
Kitchen
- Electric Oven
- Gas Cooktop
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
Parking
- 6 Parking Spaces
- 6 Open Parking Spaces
Outdoor Features
- Wrap Around Porch
Schools
- N Chatham Elementary School
- Margaret B Pollard Middle School
- Seaforth High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Court or third-party approval is required for the sale
- Assessor Parcel Number 0067844
Community Details
Overview
- Association fees include road maintenance
- Governors Club Poa, Phone Number (919) 953-7500
- Club Cottages HOA
- Governors Club Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,708 | $618,790 | $146,300 | $472,490 |
| 2023 | $2,708 | $618,790 | $146,300 | $472,490 |
| 2022 | $5,032 | $618,790 | $146,300 | $472,490 |
| 2021 | $4,972 | $618,790 | $146,300 | $472,490 |
| 2020 | $4,157 | $509,596 | $91,000 | $418,596 |
| 2019 | $4,090 | $509,596 | $91,000 | $418,596 |
| 2018 | $3,884 | $509,596 | $91,000 | $418,596 |
| 2017 | $3,817 | $509,596 | $91,000 | $418,596 |
| 2016 | $4,251 | $559,996 | $100,000 | $459,996 |
| 2015 | $4,184 | $559,996 | $100,000 | $459,996 |
| 2014 | $4,100 | $559,996 | $100,000 | $459,996 |
| 2013 | -- | $559,996 | $100,000 | $459,996 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Price Changed | $875,000 | -5.4% | $161 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $925,000 | +8.8% | $171 / Sq Ft |
| 01/17/2024 01/17/24 | Sold | $850,000 | 0.0% | $146 / Sq Ft |
| 01/11/2024 01/11/24 | Pending | -- | -- | -- |
| 01/11/2024 01/11/24 | For Sale | $850,000 | -- | $146 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,350,000 | None Listed On Document | |
| Warranty Deed | $2,350,000 | None Listed On Document | |
| Warranty Deed | $2,350,000 | None Listed On Document | |
| Warranty Deed | $400,000 | None Available | |
| Warranty Deed | $1,054,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,250,000 | Construction | |
| Closed | $2,250,000 | New Conventional | |
| Previous Owner | $399,750 | New Conventional | |
| Previous Owner | $285,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $175,000 | Purchase Money Mortgage |
Source: Doorify MLS
MLS Number: 10093674
APN: 67844
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