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Rare opportunity for lakefront living in the heart of Chapel Hill! Lovely home with 3 or 4 bedrooms, 2 baths, and lots of extra space to adapt to family needs over time. Architecturally interesting and well designed, the spacious living room has a vaulted ceiling and large sliding doors that bring light and nature inside. A woodburning stove keeps the house extra cozy in the winter, and built in shelving is ready for your treasures. Doors lead to an expansive deck with pergola that overlooks Lake Ellen and a pathway to the lake. Beautiful kitchen designed for ease of use and connection to the outdoors. Adjacent large pantry and laundry closet with storage. Main level has beautiful hardwood floors, tiled bathrooms and skylights. Primary bedroom has a generous walk-in closet and ceiling fan. Lower level has a fantastic family room, smaller office, or 4th bedroom, and tons of storage space. So many possibilities as game room, playroom, studio, gym, or office! Two easily accessible storage areas under the house and enough wood to get you through a couple of winters! .51 acre landscaped property with plenty of room for gardening, sports, and play. Planted extensively with perennials to delight you with the changing seasons. Enjoy sunset from the lakeside deck or while kayaking. Abundant wildlife, birds and fish! Plus Chapel Hill Schools!