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Chapelwood
205 Hales Wood Rd., Chapel Hill, North Carolina 27517
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Chapelwood, a Cozy 55+ Community in North Central North Carolina, Has Single Story Brick Homes, a Clubhouse and a Pastoral Quality
Located in the north central North Carolina town of Chapel Hill and developed by Hagood Homes, Chapelwood is a 55+ community and an extension of the master-planned development named Downing Creek. Built from 2009 to 2013, it is a small neighborhood with only 69 single level, single family homes, all of which are built to Energy Star specifications.
Floor plans range in size from approximately 1,800 square feet to 2,750 square feet, and all homes have three bedrooms, a large two-car garage, granite kitchen countertops, maple cabinetry, and a gas fireplace. Some houses also have a Carolina sunroom, a den, and a bonus space above the garage. Exteriors are low-maintenance red brick. A pitched roof and dormer windows are standard.
Prices begin in the low- to mid-$400,000s. Please verify these prices with a Realtor as they may change.
Wooded land borders Chapelwood and 30% of the community is undeveloped, giving it a country quality. The clubhouse has an indoor fitness center, an outdoor swimming pool, and tennis courts. Residents meet for card games, book discussions and enjoy nearby Finley Golf Course, a Tom Fazio-designed 18-hole course with a grill, putting greens and on-site pro. Walking trails help connect Chapelwood to the larger Downing Creek community.
Adjacent to Chapelwood, the mixed-use community of Meadowmont offers a large variety of shops and restaurants. Chapel Hill and the Research Triangle are packed with attractions. The Eno River State Park to the west of Chapelwood preserves nine miles of river and highlights historic sites. Thirty miles of trails are popular with anglers and hikers.
Award-winning 800-bed North Carolina Memorial Hospital (NCMH) is owned by the state of North Carolina and is accredited by the Joint Commission
The climate is moderate, with mild winters (temperatures in the 30s and 40s) and warm, sometimes hot, summers with temperatures in the 80s and 90s. On average, the city receives 45 inches of rain and 5 inches of snow per year.
Homes do not come for sale often, and none are currently for sale. Visit tinyurl.com/y2evn4m9 to see a previously sold home.
North Carolina:
Sir Walter Raleigh sent English colonists to North Carolina in 1585 and 1587 to settle Roanoke Island. Permanent settlements were established in 1653, and early conflicts included pirate raids, the Quaker-led Cary Rebellion and the Tuscarora Indian War.
North Carolina didn't see much fighting during the American Revolution, but many residents went out of state to fight. A lot of locals were pro-Union and anti-slavery, but the state joined the Confederacy during the Civil War.
The state is the nation's largest tobacco producer, furniture maker and brick and textile manufacturer. Papermaking, chemicals, and metalworking are important to the state economy, too. Most lithium and mica come from here.
Tourists spend more than $1 billion in North Carolina annually. Sporting options include skiing, golfing and fishing. Major attractions include the Great Smoky Mountains, Cape Hatteras, the Blue Ridge National Parkway, the Wright Brothers memorial, Carl Sandburg's home, and an Old Salem re-creation in Winston-Salem. North Carolina's climate is warm and tropical most of the time, but it can be subject to fierce storms part of the
Stats:
Population - 10,146,788
Persons 65 years old and over - 16%
High school graduates, persons age 25+ - 85%
Bachelor's degree or higher, persons age 25+ - 28%
Persons of Hispanic or Latino origin - 9%
White persons, not Hispanic - 65%
Median household income - $46,848
Median home value - $154,500
Social Security taxed? No
Source: U.S. Census Bureau
Newer Communities vs. Older Communities
Retirement communities come in a variety of shapes and sizes. These days new communities have a lot of bells and whistles, often including a large clubhouse with a state of the art fitness center, a resort-style swimming pool, an 18 hole championship golf course (or two or three), concierge services, transportation services, a rental program and much more. Something to keep in mind with newer communities is how the development will look when it is completely built out. And who will the residents be? Older communities often cannot match the amenities of newer ones, but they make up for that by having an established group of residents. You have a better idea what you are getting when you buy into an older development.
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