Property listing for 23101 Umstead, Chapel Hill, NC, 27517
For SaleSingle Family Home

$4,880,000

23101 Umstead, Chapel Hill, NC, 27517

Custom 7,500+ Sq Ft Estate Opportunity in Governors Club

5 Bed · 5.5 Bath · 7,500 Sq Ft

Build a fully custom executive estate on a level one-acre lot

5

Beds

5.5

Baths

7,500

Sq Ft

2028

Built

1 acre

Lot

4-car garage

Garage

About 23101 Umstead

This is one of the last truly premier, level 1-acre homesites remaining inside Governors Club — an exceptional chance to commission a bespoke executive estate from BOLD Construction. Sited for privacy and scale, the proposed residence exceeds 7,500 square feet and is presented as a fully customizable concept so the buyer directs architectural style, interior selections, and room adjacencies.

The concept plan favors generous gathering spaces and separate wellness and entertainment wings: an owner's suite wing, multiple main-level bedrooms, and an expansive chef-caliber kitchen opening to a large informal living area and patio. Dedicated amenities in the proposed footprint include a home theatre, fitness center, elevator, and a golf/sports simulator — all organized to support both daily family life and large-scale entertaining. A four-car garage and practical mudroom circulation complete the main plan.

Outdoor living is integral to the design with room for a pool, spa, pool bath, and covered terrace for al fresco dining and year-round grilling. The lot’s level grade simplifies a swimming pool and landscape plan while preserving space for lawns, specimen plantings, and private sitting areas. Because Governors Club is home to the Jack Nicklaus 27-hole Signature Golf Course, this property is ideal for owners who want direct access to golf and club amenities while retaining a secluded feel on their own acreage.

Beyond the gate, the location balances tranquility with access: minutes to UNC and Duke, proximate to Research Triangle Park and RDU, and convenient to Chatham Park and major regional medical centers. Plans and photos on file are illustrative of prior builds; final pricing will vary by plan, selections, and site conditions. With a list price of $4,880,000 and a valuation midpoint reflected in the listing data, this lot-and-build opportunity offers a rare combination of scale, customization, and location in one of Chapel Hill’s most desirable club addresses.

Home Highlights

To Be Built — Fully Custom by BOLD ConstructionLevel 1-Acre Homesite in Governors ClubProposed 7,500+ Square Feet4-Car GarageOwner’s Wing, Theatre, Fitness Center, Elevator-ReadyPlanned Pool, Spa and Extensive Outdoor LivingBuyer Controls Plans, Style, and Selections

Property Features

Interior Features

  • Proposed 7,500+ SF luxury residence
  • Owner's wing plus multiple main-level bedrooms
  • Expansive, chef-scale kitchen (concept plan)
  • Home theatre and dedicated fitness center
  • Elevator-ready design
  • Golf/sports simulator room
  • Multiple full and half baths (5.5 total)
  • Customizable finishes and floor plan

Exterior & Lot

  • Level 1-acre homesite
  • Space planned for pool and spa with pool bath
  • Covered terrace / outdoor living area planned
  • 4-car garage
  • Room for landscaping, lawns, and private outdoor rooms
  • Located within Governors Club, adjacent to golf amenities

Location & Neighborhood

  • Governors Club — home to Jack Nicklaus 27-hole Signature Course
  • Minutes to UNC and Duke University
  • Convenient to Research Triangle Park (RTP) and RDU Airport
  • Near Chatham Park and regional medical centers
  • Exclusive club-style community environment

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Governors Club Golf Course access (Jack Nicklaus Signature)
  • Planned private pool and outdoor living
  • Nearby regional parks and green corridors (short drive)
  • Community recreation and club amenities within Governors Club

Neighborhood & Location

Governors Club combines championship golf with club-oriented living on Chapel Hill’s southern edge. Known for its Jack Nicklaus 27-hole Signature Course, the community attracts owners seeking privacy, service, and active amenities. Residents enjoy a country-club rhythm while remaining close to the cultural and academic resources of UNC and nearby Duke, plus the employment centers of RTP and easy access to RDU. Local dining, boutique shopping, and planned developments such as Chatham Park are a short drive away, offering both convenience and regional connectivity.

Market Insights

This offering sits in the scarce upper tier of Chapel Hill’s luxury, custom-build market: one-acre level lots within Governors Club are limited, and bespoke new construction remains a supply-constrained segment. The listing’s valuation midpoint of $4,880,000 (price per sq. ft. estimate ~$651) gives a concrete anchor for high-end buyers and lenders; the provided confidence metric on the estimate is moderate (0.65), so final financing and appraisals will depend on chosen plans and finishes. Single-family custom estates in exclusive golf communities often outperform broader local trends because inventory is restricted and buyer demand values privacy, scale, and proximity to regional anchors like UNC, Duke and RTP. For motivated buyers who want to control design and finish quality, this is a strong window: the parcel is build-ready in concept, and the ability to tailor layout and systems reduces the need for future costly renovations. While generalized days-on-market and inventory figures for luxury parcels vary across micro-markets, the combination of size, location, and club access typically favors sellers; buyers gain leverage through careful timing, lender pre-qualification, and clear selection budgets to lock in preferred construction slots and contracted allowances.

Walkability & Recreation

30
Walkability
80
Recreation

Exceptional golf access with the Jack Nicklaus 27-hole Signature Course at Governors Club; plans include private pool/spa and outdoor living, with regional parks and recreational resources a short drive away.

AI Valuation Estimate

Low

$4685K

Midpoint

$4880K

High

$5075K

$651/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

  • Golf/sports simulator room
  • Located within Governors Club, adjacent to golf amenities
  • Convenient to Research Triangle Park (RTP) and RDU Airport
  • Near Chatham Park and regional medical centers
  • Governors Club Golf Course access (Jack Nicklaus Signature)
  • Nearby regional parks and green corridors (short drive)
  • close to the cultural and academic resources of UNC and nearby Duke

Governors Club combines championship golf with club-oriented living on Chapel Hill’s southern edge. Known for its Jack Nicklaus 27-hole Signature Course, the community attracts owners seeking privacy, service, and active amenities. Residents enjoy a country-club rhythm while remaining close to the cultural and academic resources of UNC and nearby Duke, plus the employment centers of RTP and easy access to RDU. Local dining, boutique shopping, and planned developments such as Chatham Park are a short drive away, offering both convenience and regional connectivity.

Market data is based on aggregated public records and may not reflect real-time conditions.

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