Sales comparison approach using recent new construction sales in the area. Adjusted for size, condition, and features.
Move-In Ready 3BR Ranch on a Level 0.33-Acre Lot
What first stands out at 106 Serrano Way is the lot: a level, third-acre parcel within The Meadows at Oxford that gives this new LGI Homes build a rare feeling of space without sacrificing the convenience of a close-knit neighborhood. Built in 2026 and offered as part of LGI’s CompleteHome™ package, this single-story residence arrives fully finished — contemporary selections, energy-efficient systems and a two-car attached garage are included at list price, so you can move straight from box to welcome mat.
Inside, the 1,172-square-foot floor plan favors practical, everyday living. An open living area sits at the heart of the home, configured for flexible furniture layouts and day-to-day flow. The kitchen and dining zone are designed for easy entertaining and weekday routines; finishes and modern upgrades are installed throughout to provide a fresh, low-maintenance interior without additional remodel work.
Three bedrooms and two full bathrooms keep private quarters simple and accessible. The single-level layout makes this house easy to manage — ideal for first-time buyers, downsizers, or anyone seeking one-floor convenience. Mechanical systems reflect current building standards: central air conditioning, electric heat pump heating, and modern insulation and fixtures that contribute to lower operating costs compared with older stock.
Beyond the house, The Meadows at Oxford positions you close to what matters: downtown Oxford’s shops and restaurants are roughly two miles away, Oxford Athletic Park sits about 1.5 miles from the front door, and Granville Medical Center is within a short drive. For commuters, NC-96 is approximately one mile away, linking the neighborhood to wider Triangle routes. With a competitive list price of $299,900 (about $256 per square foot) and an assessed value aligned with the listing, this home blends new-construction warranties and energy-conscious systems with a generous lot and practical single-level living.
See the properties helping shape the valuation.
Comparable sales
- 2 SF smaller
- Similar lot size
- Same year built
- 3 SF larger
- Similar lot size
- Same year built
- 2 SF smaller
- Similar lot size
- Same year built
A 2026 traditional on 0.33 acres.
Building
Site & utilities
The Meadows at Oxford
Researched nearby locations
Location
106 Serrano Way, Chapel Hill, NC 27517
The Meadows at Oxford is a developing residential community offering roomy lots and contemporary new-construction homes. It balances suburban quiet with easy access to downtown Oxford’s shops and dining (about two miles away), community recreation at Oxford Athletic Park, and local healthcare at Granville Medical Center. Road connections such as NC-96 are nearby for regional commuting, and the area sits within the broader Durham–Chapel Hill MSA. The neighborhood appeals to buyers seeking newer homes, modest commute times, and a neighborhood still building out its amenities and community character.
Good local access to recreation with Oxford Athletic Park about 1.5 miles away, downtown Oxford and community amenities roughly 2 miles away, and regional trails and golf options within a short drive.
A factual market snapshot around 106 Serrano Way.
The local market reads as balanced with pockets of steady demand — a constructive environment for both buyers and sellers. Recent area metrics show roughly three months of inventory and an average days-on-market near 45, which historically indicates neither a deep buyer’s nor seller’s market but rather a market with measured competition. Median sale prices in the corridor sit near $275,000; recent new-construction comps on Serrano Way closed in the $290k–$305k range, supporting this listing’s $299,900 price point and its $256 per-square-foot valuation.
For buyers, new construction like this offers predictable maintenance and energy performance, plus the benefit of modern systems and finishes without needing renovations. Investors and owner-occupiers can also reference rental comps showing estimated monthly rents around $1,500 (≈$1.28/sf), yielding a rough gross return near 6% if rented. Given steady 1-year appreciation of roughly 4% and longer-term five-year growth near 15%, the property represents a competitively priced entry in a neighborhood still seeing development. Low-to-moderate inventory means well-presented homes with current finishes tend to attract timely interest; pricing aligned with nearby sales and clear disclosure of move-in-ready features will accelerate buyer confidence.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 2 SF smaller
- 3 SF larger
What the research supports — and what is still worth verifying.
Key findings
- Listed at $299,900 ($256/SF) as of March 5, 2026
- Assessed value of $300,000 with annual taxes of $3,696
- Located 2 miles from downtown Oxford and 2.5 miles from Granville Medical Center
- Part of The Meadows at Oxford subdivision
- Built in 2026 with 1,172 SF, 3 bedrooms, and 2 bathrooms
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify construction permits and final inspections
- Review HOA covenants and restrictions
- Professional home inspection
- Confirm utility connections and services
What stands out about this property.
Interior Features
- Open-concept living area
- 1,172 sq ft single-story layout
- 3 bedrooms, 2 full bathrooms
- Contemporary, builder-selected finishes
- Central air conditioning
- Electric heat pump
- Energy-efficient fixtures
Exterior & Lot
- Level 0.33-acre lot (14,374 sqft)
- 2-car attached garage with driveway
- Shingle roof
- Standard residential frontage
- Public water and sewer
Location & Neighborhood
- The Meadows at Oxford neighborhood
- Approximately 2 miles to Downtown Oxford
- Granville Medical Center ~2.5 miles
- Oxford Athletic Park ~1.5 miles
- MSA: Durham–Chapel Hill
Walkability & Recreation
- Walkability Rating: 30/100 — Car-Dependent
- Nearby parks and green spaces: Oxford Athletic Park (1.5 mi)
- Hiking and biking: local trails and community paths within a short drive
- Golf courses: regional courses available within driving distance
- Running/walking paths and community recreation facilities nearby
Sources & research confidence.
See where the property research came from and how confidence varies by field.