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Seller - Chapel Hill, NC "Team Jodi was wonderful. My home sold for full price in only nine days. Their preparation made all the difference." "Dorothea Baker" Read Quote > View All Quotes >
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Brier Creek Country Club has elegant townhomes and luxurious executive or estate homes situated on Raleigh s only Arnold Palmer signature golf course. The golf course community features customizable new home plans in a variety of styles and prices. There are a variety of membership opportunities available that include: golfing on the 18-hole championship golf course, tennis on either hard or clay lighted courts, working out in the fitness center, or swimming in the Olympic-size pool. Brier Creek Country Club is very convenient to the Research Triangle Park, RTP and is within 20 minutes to Durham and Chapel Hill as well as Duke University, North Carolina State, and UNC-Chapel Hill. Year Built: 2000's Sq. Ft. 2677 4798 (3-5 bed, 2.5-3.5 baths) Price Range: $390,000 750,000 s Lot Size: .23 - .59 acre HOA Dues: varies Schools: E Stough / Brooks M Daniels / Carroll H Leesville Road / Broughton |
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Year Built: 2000's Sq. Ft. 1950 2702 (3 bed, 2.5 baths) Price Range: $200,000 390,000 s HOA Dues: $295/month Schools: E Stough / Brooks M Daniels / Carroll H Leesville Road / Broughton |
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Calloway on the Green Townhomes |
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Located in Wakefield Plantation adjacent to the 14th hole on the TPC golf course, Calloway on the Green is one townhouse neighborhood that offers golf course home sites. Wakefield Plantation, one of the Triangle s premiere neighborhoods, is a 2200-acre community of homes, townhomes, shopping, banking, and restaurants. Features include an 18-hole TPC golf course as well as a TPC swim and tennis facility. This neighborhood offers convenient access to 1-540, Research Triangle Park and RDU airport. Year Built: 2000's Sq. Ft. 1927 2235 (3 bed, 2.5 baths) Price Range: $230,000 s HOA Dues: $130/month Schools: E Wakefield M Wakefield H Wakefield |
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This neighborhood is located in North Durham and is ten minutes to the Duke Medical Center. Croasdaile Farms is newer than Croasdaile. This is a beautiful executive home neighborhood. Croasdaile Country Club is located here. Year Built: 1990's Sq. Ft. 2556 5990 (3-5 bed, 2.5-4.5 baths) Price Range: $470,000 1,000,000+ Lot Size: .54 1.84 acres HOA Dues: $30/month Schools: E Hillandale M Brogden H Riverside |
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Located just ten minutes south of downtown Raleigh, Eagle Ridge offers golf community living at an affordable price. More than half of the 800 home sites are located on the Tom Kite/Bob Cupp semi-private course. Amenities include a swim club with competition pool, tennis courts, children s playground, two pristine lakes, miles of tree-lined sidewalks and more than 140 acres of wooded preserve. Single-family homes start in the $130 s to the $400 s for custom executive and estate homes. Year Built: late 1990's - 2000's Sq. Ft. 1528 2850 (3-4 bed, 2.5-3 baths) Price Range: $140,000 - 390,000's Lot Size: .13 - .49 acre HOA Dues: $39/month Schools: E Vance M North Garner H Middle Creek |
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The Governors Club is the areas only gated community with 1,250 beautiful homes and lots, 27 holes of Nicklaus golf, and a swim and tennis center. There is a 24-hour secured gatehouse. The homes range in size, style and price and there are townhomes as well. This is a lovely, majestic neighborhood with some of the best views in the entire area. Year Built: 1990's Sq. Ft. 2295 - 7252 Price Range: $350,000 1,500,000 Lot Size: .16 10.5 acres HOA Dues: $1376/year Schools: E N. Chatham M N. Chatham H - Northwood |
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Year Built: late 1990's-2000's Sq. Ft. 1020 3421 (2-5 bed, 2-3 baths) Price Range: $110,000 - 290,000's Lot Size: .13 - .4 acre HOA Dues: $45/month Schools: E Oakgrove M Neal H Southern |
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Hedingham is a private swim/tennis/golf course community located on nearly 600 acres. Located approximately 3 miles from Raleigh s downtown and 1˝ miles from Raleigh s beltline. Shopping and entertainment are located conveniently near Hedingham. All Hedingham residents can play golf for no additional fees every afternoon at Hedingham s 18-hole par 72 golf course. The neighborhood also has a Swim and Racquet Clubhouse; two fenced and lighted tennis courts, a sand volleyball court, two Olympic-sized pools, a swim team, and a great playground. There are also miles of trails designed for walking jogging, running, or bicycling around Fishing Lake. Year Built: 1980's 2000's Sq. Ft. 1310 2763 (3-4 bed, 2.5-3 baths) Price Range: $120,000 250,000's Lot Size: .07 - .2 acre HOA Dues: $33/month Schools: E Wilburn M East Millbrook H Millbrook |
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Year Built: late 1990's 2000's Sq. Ft. 909 1476 (2-3 bed, 1.5-2.5 baths) Price Range: $80,000 130,000's HOA Dues: $90/month Schools: E Wilburn M Carnage H Millbrook |
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Hope Valley (Old and New) |
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Hope Valley was Durham s first full-fledged country club suburb, developed around an 18-hole golf course in the late 1920 s. The homes of Hope Valley are an eclectic mix of revival styles popular in the 1920 s and 1930 s, including Tudor, English Cottage, Colonial, Norman Provincial, and Spanish. Winding narrow roads conforming to the hilly terrain weave their way throughout the neighborhood. Year Built: 1950's 2000's Sq. Ft. 1464 6375 (4-6 bed, 2-4.5 baths) Price Range: $144,600 1,000,000+ Lot Size: .3 2.27 acres Schools: E Hope Valley M Githens H Jordan |
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Year Built: 1970's 2000's Sq. Ft. 2876 - 9002 (4-6 bed, 2.5-6.5 baths) Price Range: $300,000 1,000,000 + Lot Size: .33 - .88 acre Schools: E North Ridge M West Millbrook H Millbrook |
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Year Built: 1980's Sq. Ft. 3861 5379 (4-6 bed, 3-4.5 baths) Price Range: $430,000 1,000,000 + Lot Size: .42 - .65 acre Schools: E Northridge M West Millbrook H Millbrook |
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Year Built: late 1990's 2000's Sq. Ft. 2100 3423 (3-4 bed, 2.5-3.5 baths) Price Range: $210,000 370,000's Lot Size: .47 - .81 acre HOA Dues: $18/month Schools: E Creech Road M East Garner H Garner / Knightdale |
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Year Built: 1990's 2000's Sq. Ft. 1852 3982 (3-5 bed, 2.5-3.5 baths) Price Range: $190,000 650,000's Lot Size: .13 1.46 acres HOA Dues: $110/year Schools: E Holly Springs M Fuquay Varina H Fuquay Varina |
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Sunset Ridge Townhomes and Condos |
Year Built: 1990's 2000's Sq. Ft. 793 1650 (1-3 bed, 1.5-2.5 baths) Price Range: $80,000 180,000's HOA Dues: $110-125/month condo, $57/month - townhome Schools: E Holly Springs M Fuquay Varina H Fuquay Varina |
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The Oaks is a lovely, executive neighborhood that spans the Chapel Hill/Durham border. The Chapel Hill Country Club is located in the Oaks, but it is not a requirement to be a member of the club to live in this neighborhood. The scenic golf course offers a challenge for all skill levels of golfers. However, the fairways are open, and the greens are large with water hazards on eight holes. There is an older section of homes built in the 1970's and 1980's and a new section of homes built in the 1990's and forward. These homes are very stately on beautiful lots and range in size, style and type. There also is a section referred to as The Oaks Villas. These are smaller homes typically all on one level or with first floor masters and additional bedrooms upstairs. The streets in this neighborhood are wide and nice to drive on and there are sidewalks, which are great for walking and safe for kids on their bikes and roller blades.  Price Range: $330,000 1,000,000+ Lot Size: .36 - .96 acre HOA Dues: $60/year Year Built: 1970's 2000's Sq. Ft. 1900 6000 (3-6 bed, 2.5-5.5 baths) Schools: E Forest View / Pearsontown / Hope Valley / Glenwood M Githens / Grey Culbreth H Jordan / Chapel Hill |
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The Preserve at Jordan Lake |
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The Preserve at Jordan Lake is a custom built, executive homes golf community adjacent to 14,000 acre, Jordan Lake. The course was designed by Davis Love to blend with the surrounding environment and terrain. There is an owner's clubhouse with a social room and juniorolympic sized pool, and a fully equipped fitness center. There also are tennis courts and multiuse sports field, walking trails, and a playground. Year Built: 2000's Sq. Ft. 2550 - 4416 Price Range: $387,000 695,000 Lot Size: .33 - .56 acre HOA Dues: $460-650/year Schools: E N. Chatham M N. Chatham H Northwood |
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Treyburn is comprised of homes built next to the Little River Reservoir and around the Tom Faizo, 18-hole Championship Golf Course of Treyburn Country club. In addition to being rated one of the Top Ten golf courses by Golf Digest, the Club offers an Olympic pool, casual and fine dining, a fitness center, and 8 tennis courts. The Treyburn Corporate Park, home to companies with almost 3000 employees, is a growing employment center. The future of Treyburn, taking shape on 2000 acres to be developed by Bryan Properties, will introduce single-family homes in a village setting near The Trading Path; townhomes with golf course vistas; large home sites with water views; an aquatic park with clubhouse; several hundred acres of permanent open space; and a main street retail district. Trails and sidewalks connecting pedestrians throughout the neighborhood will be a Treyburn hallmark.  Year Built: 1980's 2000's Sq. Ft. 1978 10278 (3-5 bed, 2.5-3.5 baths) Price Range: $192,500 1,550,000 Lot Size: .53 - .73 acre HOA Dues: $785/year Schools: E Mangum / Little River M Chewning / Carrington H Northern |
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Vantage Pointe at River Edge |
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Year Built: 2003 - 04 Sq. Ft. 1206 2007 (2-4 bed, 2-3 baths) Price Range: $130,000 170,000's Lot Size: .09 - .186 acre HOA Dues: $50/month Schools: E Creech Road M East Garner H Garner |
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Wakefield Plantation has emerged as a city within a city, with schools, shopping, a healthcare facility, and entertainment; encompassing acres of rolling pastures and trees. At the heart of Wakefield Plantation is the Hale Irwin designed PGA Tour 18-hole TPC golf course and clubhouse. The 18-hole, par 71 golf course features 7,257 yards of tree-lined fairways designed to challenge golfers of all skill levels. Dramatic rolling hills and greens designed with the characteristics of each hole in mind are some of the characteristics of the only TPC golf course in the area, one of only 23 in the country. The community also includes the TPC Sports Club, featuring a 9-hole golf course plus a tennis shop, 3 swimming pools with casual bar and grill and state-of-the-art hydro-clay tennis courts. Year Built: 2000's Sq. Ft. 2000 12342 (4-6 bed, 2.5-7.5 baths) Price Range: $240,000 1,000,000 + Lot Size: .14 - .77 acre HOA Dues: varies Schools: E Wakefield M Wakefield H Wakefield |
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Wakefield Plantation Townhomes |
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Year Built: 2004 Sq. Ft. 1650 4232 (3-5 bed, 2.5-3.5 baths) Price Range: $160,000 590,000's HOA Dues: $115-130/month Schools: E Wakefield M Wakefield H Wakefield |
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Year Built: 1980's 90's Sq. Ft. 2086 3141 (3-4 bed, 2.5-3.5 baths) Price Range: $260,000 350,000 Lot Size: .13 1.16 acre HOA Dues: $550/year Schools: E Leesville Road M Leesville Road H Leesville Road |
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Year Built: 1960's 80's Sq. Ft. 2023 3950 (3-4 bed, 2.5-3.5 baths) Price Range: $170,000 390,000's Lot Size: .5 1.15 acres Schools: E Easley M Carrington H Riverside |
Tax Considerations >New 1031 Exchange Rules
One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.
A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.
Consult your tax advisor for more detailed information.
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| Q |
What is the world's most expensive Monopoly set?
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San Francisco jeweler Sidney Mobell created an exclusive $2 million Monopoly set, with solid 23 carat gold houses, chimneys made of rubies and sapphires and dice with 42 full cut diamonds for spots. |
See More Real Estate Trivia > |
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 You can find great local
Chapel Hill, North
Carolina real estate information on Localism.com Jodi Bakst is a proud
member of the ActiveRain Real Estate Network, a free online community to help
real estate professionals grow their business. |

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