In the Heart of Chapel Hill, Lake Forest is built around Chapel Hill's largest lake with 40 lakefront homes. Lake Forest features large, 0.5-2+ acre lots. Homes in Lake Forest are comprised of many homestyles ranging from ranch and traditional to contemporary, and estate homes. Prices range from ~$300k to $2M+. Lake Forest is in the Estes Hills Elementary, Phillips Middle and East Chapel Hill High School Disctrict.
By joining the Lake Association, residents can have access to the beach on Eastwood Lake.
Lake Forest Statistics from the Triangle Multiple List Service
In 2006, 14 houses were sold in Lake Forest. Of these, the average house was a 3162 square foot, 4 bedroom 2 bath home selling for $550,450. Average time on market was only 56 days, below the Chapel Hill market average of 60 days.
Chapel Hill Statistics
In 2006, 687 homes were sold in Chapel Hill. Of these, the average house was a 2593 square foot, 3 bedroom 2 bath home selling for $440,795. Average time on market was 60 days.