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$620,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,714 Sq. Ft.
  • 0.23 Acres
  • 2 Car Garage
  • Updated 4 days ago
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Come discover this charming Craftsman-style home in the sought-after Waterstone neighborhood, where it enjoys exceptional curb appeal and neighbors on only one side. Conveniently located between I-40 and I-85, the home is just minutes from historic downtown Hillsborough and about 20 minutes from Duke University and UNC-Chapel Hill. Designed for comfortable everyday living and easy entertaining, the open-concept kitchen and family room create a warm, inviting gathering space. A sliding glass door leads to the spacious, fenced backyard-ideal for outdoor dining, play, pets, or simply relaxing at home. The kitchen is the heart of the home, with stainless steel appliances, abundant cabinetry, and plenty of storage. A first-floor guest bedroom with an adjacent walk-in shower offers flexibility for visitors or multigenerational living. Upstairs, the laundry room is conveniently located near the bedrooms, and the washer and dryer convey. Waterstone's amenities include a pool, a skate park, and several small neighborhood parks. Don't miss the opportunity to own this nearly new home in a prime Hillsborough location! Recent inspection report is included

Full Property Details for 369 Papyrus Pl

General

  • Price: $620,000
  • HOA FEE: $207/month
  • HOA FEE FREQ.: Semi-Annually
  • Taxes: $6,705
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10194878
  • Updated: 9/25/2026
  • Added to Site: 6 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, In-Law Floorplan, Kitchen Island, Recessed Lighting, Stone Counters, Tray Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Glass Doors, Living Room
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Free-Standing Refrigerator, Gas Cooktop, Gas Water Heater, Ice Maker, Oven, Range Hood, Refrigerator, Washer, Washer/Dryer, Water Heater
  • Flooring: Carpet, Combination, Hardwood, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside, Laundry Room, Upper Level

Additional Information

  • Shared Amenities: Maintenance Grounds, Management, Playground, Pond Seasonal, Pool
  • Pool: Yes

Exterior

  • Exterior Features: Barbecue, Fenced Yard, Outdoor Grill, Private Yard, Rain Gutters
  • Porch/Patio/Deck: Covered, Front Porch, Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Location

  • County: Orange
  • Subdivision: Waterstone
  • Driving Directions: From I-40 West: Exit 261 toward Hillsborough. Right onto Old NC 86. First Right onto Waterstone Drive, Left onto CollegePark Road, Follow Round about to the Right, Right on Papyrus, Home will be on your Left.
  • City Limits: Yes

School Information

  • Elementary School: Orange - New Hope Elementary
  • Middle School: Orange - A L Stanback Middle
  • High School: Orange - Cedar Ridge High

Community

  • Association: Yes
  • Assoc. Fees Include: Storm Water Maintenance

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central, Fireplace(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available

Structural Information

  • Architectural Style: Traditional
  • Structure Type: House
  • Builder: Ashton Woods Homes
  • Exterior Const.: Brick, Vinyl Siding
  • Roof: Shingle
  • Common Walls: No Common Walls
  • Stories/Levels: 2
  • Building Size: 2714
  • Square Feet: 2,714
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 2,714 Sq. Ft.
  • Year Built: 2018

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018.8
  • Fence: Yes
  • Lot Features: Back Yard, Gentle Sloping, Sloped
  • Zoning: ESU
  • Fencing (Description): Back Yard, Fenced

Financial Considerations

  • Association Fee: $1,244
  • Assoc Fee Freq.: Semi-Annually
  • Tax Amount: $6,705.17

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 9873368526
  • Lot Number: 1

Listed by Coldwell Banker HPW, Lara Moussa (919) 360-2940

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Listing agent

— 369 Papyrus Pl —

  • Lara Moussa

    Coldwell Banker HPW

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 369 Papyrus Pl

School District:Orange County Schools
NameGradesDistance
New Hope Elementary, Chapel Hill, NC
1900 New Hope Church Road, Chapel Hill, NC 27514
PK-52.1 mi
Hillsborough Elementary
402 North Nash Street, Hillsborough, NC 27278
K-52.5 mi
A L Stanback Middle
3700 North Carolina 86, Hillsborough, NC 27278
6-81.6 mi
Cedar Ridge High
1125 New Grady Brown School Road, Hillsborough, NC 27278
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 369 Papyrus Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/24/2026
Listed
$620,000
72.22%
MLS
4/03/2018
Sold
$360,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 369 Papyrus Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,948
26%
$582,400
62%
2024
$5,509
3%
$359,300
—
2023
$5,327
1%
$359,300
—
2021
$5,268
-1%
$359,300
—
2022
$5,313
1%
$359,300
7%
2021
$5,268
411%
$336,400
418%
2018
$1,031
9%
$65,000
—
2017
$948
—
$65,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Coldwell Banker HPW, Lara Moussa (919) 360-2940

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369 Papyrus Place, Hillsborough, NC 27278 (MLS# 10194878) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 369 Papyrus Place is currently listed for $620,000 and was received on September 24, 2026. Want to learn more about 369 Papyrus Place? Do you have questions about finding other Single Family real estate for sale in Hillsborough? You can browse all Hillsborough real estate or contact a Coldwell Banker agent to request more information.

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