Colony Lake Homes for Sale

Welcome to Colony Lake, a picturesque subdivision nestled in the heart of Chapel Hill, North Carolina. Known for its serene landscapes and inviting community atmosphere, Colony Lake offers residents a perfect blend of tranquility and convenience. With its scenic views of the glistening lake and lush greenery, this charming neighborhood is an ideal retreat for families, professionals, and retirees alike.

Colony Lake boasts a diverse selection of homes for sale, catering to various tastes and lifestyles. From cozy single-family residences to spacious modern designs, each property is thoughtfully crafted to provide comfort and style. Many homes feature open floor plans, gourmet kitchens, and beautifully landscaped yards, making them perfect for both entertaining and everyday living. With an emphasis on community, residents often come together for neighborhood events, fostering strong connections and a welcoming spirit.

The location of Colony Lake is truly unbeatable. Situated just a stone's throw from downtown Chapel Hill, residents enjoy easy access to a variety of dining, shopping, and cultural attractions. The area is also known for its excellent schools and vibrant arts scene, making it a desirable place for families. Outdoor enthusiasts will appreciate the nearby parks and recreational facilities, perfect for hiking, biking, and enjoying nature.

If you're searching for a home that combines comfort, community, and convenience, Colony Lake is the perfect place to call home. Explore the available homes for sale today and discover your dream residence in this enchanting subdivision!

Newest Colony Lake Homes for Sale

$350,000

3 Beds ⋅ 2 Baths ⋅ 10190086 MLS ⋅ ACTIVE Status

Meet Sir Richard: Charming, Turn-Key Living in the Heart of Colony Lake! Welcome to 212 Sir Richard Drive, a beautifully updated ranch home in the highly desirable Colony Lake neighborhood. No carpet, no projects, no waiting, just move-in-ready living! With a new roof, HVAC system, and heat pump installed in 2025, the major updates are already done for you. Step inside to discover a bright, open floor plan with 9-foot ceilings and an inviting flow between the living spaces. The gorgeous updated kitchen is a true highlight, featuring high-end stainless steel appliances and plenty of space for cooking, gathering, and entertaining. Thoughtful updates throughout the home create a fresh, modern feel while maintaining the warmth and charm that makes this home so inviting. Step outside and prepare to smile. The fenced backyard is one of the nicest in the neighborhood, offering a private retreat for relaxing, gardening, playing, or entertaining. The rear patio provides the perfect spot for morning coffee or evening gatherings with friends and family. Colony Lake offers an exceptional combination of convenience and lifestyle, with a community lake and tennis courts right in the neighborhood. And for everyday convenience, you can walk to Wegmans! Located near excellent schools, shopping, restaurants, parks, and the free Chapel Hill Transit bus route, this home puts the best of Chapel Hill living right at your fingertips. Turn-key, low-maintenance, beautifully updated, and wonderfully located, Sir Richard is ready to welcome you home.

212 Sir Richard Ln, Chapel Hill

$454,900

3 Beds ⋅ 2 Baths ⋅ 10177898 MLS ⋅ ACTIVE Status

Price adjusted. Sellers now offering a $5000 allowance with an acceptable offer. Nestled among mature trees with peaceful views of the neighborhood lake, this beautifully maintained one-level home offers the perfect balance of privacy, comfort, and convenience in desirable Colony Lake. Featuring 3 bedrooms, 2 bathrooms, and 1,700 square feet, the thoughtfully designed floor plan provides comfortable everyday living with inviting spaces for gathering and entertaining. Large windows, abundant natural light, and hardwood floors create a bright, welcoming feel throughout. A cozy family room with a fireplace opens to a spacious dining and gathering space that serves as the heart of the home. The kitchen features stainless steel appliances, a gas range, generous counter space, and a skylight that fills the room with natural light. Just beyond the kitchen, the rear entry with laundry offers additional flexible space for a breakfast nook, coffee bar, or drop zone. The private primary suite offers direct access to the rear deck and includes a spacious bath with dual vanities, a soaking tub, and a separate shower. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. Recent improvements provide added value and peace of mind, including a new roof, siding, and water heater (2021), plus HVAC replacement (2019). Step outside to the expansive rear deck overlooking mature trees and the neighborhood lake, creating a peaceful setting for morning coffee, outdoor dining, or relaxing at the end of the day. Ideally located just minutes from UNC, Duke, shopping, dining, parks, and major commuting routes, Colony Lake residents also enjoy neighborhood tennis and basketball courts for added recreation. This move-in ready home combines thoughtful updates, tranquil outdoor living, and an exceptional Chapel Hill location. Some photos have been virtually staged to illustrate the home's potential.

107 Bay Colony Ct, Chapel Hill

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .