
81002 Alexander, Chapel Hill, NC 27517
Governors Club · Chatham County
Key Facts
Description
Welcome to exceptional LAKEFRONT living in Morehead Forest, nestled within the prestigious gated Governors Club, ranked among the top 150 private clubs in the U.S. Enjoy a refined lifestyle surrounded by the award-winning, world-class 27-hole Jack Nicklaus Signature Golf Course. Perfectly positioned along the shores of Lake Morehead, this elegant residence captures sweeping, uninterrupted water views that create a serene, retreat-like setting for everyday living. Step onto the expansive deck or unwind in the screened gazebo, where the gentle sounds of nature and shimmering lake views offer a true sense of escape. With 155 feet of waterfront and one of the largest backyards on the lake, the outdoor setting is as impressive as it is rare, ideal for both entertaining and quiet reflection. Inside, walls of windows across both the main and upper levels frame the lake like living artwork, filling the home with natural light and tranquility. The main level is enhanced by soaring 12-foot ceilings and beautiful millwork, adding volume and elegance throughout the living spaces. The kitchen features granite countertops, a built-in desk with open shelving, a mobile center island, and a sink thoughtfully positioned to capture lake views while overlooking the living and great rooms. These spaces are anchored by a double-sided fireplace, creating a warm, inviting atmosphere complemented by the ever-present water backdrop. The main-level primary suite offers comfort and convenience, complete with a jetted tub and separate shower, along with a second bedroom ideal for guests, a home office, or library. Upstairs, a second primary suite with a jetted tub and separate shower is joined by two additional en suite bedrooms, providing exceptional privacy and flexibility. Additional highlights include abundant storage, two walk-in attics, and a spacious two-car garage with a separate dedicated workshop that includes an updraft exhaust. Ideally located near UNC, Duke, RTP, Jordan Lake, RDU Airport, and premier medical facilities, this distinguished Chapel Hill property offers a rare blend of luxury, privacy, and extraordinary lakefront beauty.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1993
Stories
2
Living Area
3,756 sq ft
Lot Size
0.28 acres
Garage Spaces
2
Zoning
R-1
Days on Market
73
MLS® Listing#
10165070
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Roof
Windows
Security
Community
Utilities
Sewer
Water Source
Rooms
- Master Bedroom168 x 138Main
Schools
- Elementary:
- Chatham - North Chatham Elementary
- Middle:
- Chatham - Margaret B Pollard Middle School
- High:
- Chatham - Seaforth High School
Financial Details
HOA
$3,957 / Annually
Annual Taxes
$7,008
Tax year 2025
Assessed Value
$998,354
Parcel Number
0066284
Directions
Please use GPS for most current directions.
Affordability Calculator
$231,000
Estimated monthly payment
$6,147/mo
Principal $924,000 · Est. interest $1,289,062 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chapel Hill, NC
- $627,742
- Median Listing Price
- 68
- Median Days on Market
- 2,316
- Median Sq Ft
- $268
- Median Price / Sq Ft
- 745
- Active Listings
- This home’s price is 84% above the area median.
- Its price per sq ft is 15% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chapel Hill, NC.
Location
Points of Interest in Chapel Hill, NC
Showing the Chapel Hill area map.
Nearby Schools
North Chatham Elementary
Elementary · 1.0 mi away
Willow Oak Montessori
Elementary · 1.3 mi away
Primrose Schools
Elementary · 3.2 mi away
Mary Scroggs Elementary School
Elementary · 3.6 mi away
Chapel Hill-Carrboro City Schools
Secondary · 4.2 mi away
Tinkering School NC
School · 4.4 mi away
Montessori Academy of Chapel Hill
Elementary · 4.4 mi away
Spanish for Fun Academy
School · 4.5 mi away
North Carolina High School Athletic Association
Secondary · 4.5 mi away
Margaret B. Pollard Middle School
Secondary · 4.7 mi away
St. Thomas More Catholic Church
School · 4.7 mi away
Chatham Grove Elementary School
Elementary · 4.8 mi away
Carrboro High School
Secondary · 4.9 mi away
Chapel Hill-Carrboro City Schools
Elementary · 4.9 mi away
Chapel Hill-Carrboro City Schools
Elementary · 4.9 mi away
Willow Oak Montessori
Elementary · 4.9 mi away
Public School Foundation
School · 5.0 mi away
Phoenix Academy High
School · 5.0 mi away
Chapel Hill-Carrboro City Schools
School · 5.0 mi away
Learning Expressions
School · 5.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 506 Bayberry Drive, Chapel Hill, NC | $809,000 | 4 | 4 | 2,815 |
| 81 Juneberry Drive, Chapel Hill, NC | $815,000 | 5 | 3 | 3,286 |
| 14515 Davis Trace Drive, Mint Hill, NC | $819,000 | 5 | 6 | 3,876 |
| 13017 Cinnamon Fern Lane, Mint Hill, NC | $819,000 | 5 | 5 | 3,459 |
| 1378 Great Ridge Parkway, Chapel Hill, NC | $820,000 | 4 | 4 | 3,329 |
| 24 Carter Walk Way, Chapel Hill, NC | $820,000 | 4 | 4 | 3,310 |
Moving Cost Estimate
EXIT Agents in Chapel Hill
Listing Courtesy: BERKSHIRE HATHAWAY HOMESERVICE - 3362720151
Last Updated: 2026-05-05

















