$280,000

626 Shannon Drive, Chapel Hill, NC 27516

  • 3 beds |
  • 1 bath |
  • 1,070 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $262/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

626 Shannon Dr: Prime Location Meets Blank Canvas Potential! Rarely does an investment opportunity this pure hit the market in Chapel Hill's highly desirable Chapel Hill-Carrboro City Schools district. This classic, solid all-brick ranch is situated on a quiet, sought-after street in the established Rangewood neighborhood, offering incredible built-in value. Investor Alert: This property is a COMPLETE gut job, stripped down to the studs and ready for your vision! No demolition required—the heavy lifting is done. The interior is a total blank canvas, lacking all fixtures, flooring, and systems (no kitchen, no bathrooms, etc.), making it the perfect turnkey project for a high-ROI flip or custom rental conversion. Why This is Your Next Project: Location, Location, Location: Fantastic resale potential in a coveted area, minutes from UNC, downtown Chapel Hill, and I-40. Built-in Equity: The strong demand and high property values in the CHCCS district virtually guarantee a profitable exit strategy once renovated. Solid Bones: The appealing brick exterior offers excellent curb appeal and a durable structure to build upon. Unleash Your Design: With everything removed, you have complete creative control to design a modern, open floor plan that meets today's buyer demands. This is not a cosmetic update—it's a ground-up transformation. Bring your contractors, your vision, and your capital! Properties in this condition, in this location, disappear fast.

Listing Status:
Active
Date Added:
November 19, 2025 at 06:00AM
Listing Office:
Mark Spain Real Estate : 770-886-9000
Listing Agent:
Bryan Scott Carver : 919-417-5245
MLS ID:
10133917
  • Flooring: Concrete
  • A/C: Central Air
  • Heating: Heat Pump
  • Style: A-FrameTraditional
  • Roofing: Shingle
  • General: BrickOneSlab
  • Originating MLS: Triangle MLS
  • County: Orange
  • Zoning: 9769207279
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triangle MLS

This listing courtesy of Bryan Scott Carver, Mark Spain Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McDougle Elementary School

890 Old Fayetteville Rd, Chapel Hill, NC, 27516

Grades KG-5

1.59 miles away

C

C&L McDougle Middle School

900 Old Fayetteville Rd, Chapel Hill, NC, 27516

Grades 6-8

1.56 miles away

C

Carrboro High School

201 Rock Haven Rd, Carrboro, NC, 27510

Grades 9-12

3.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.