Rare Opportunity for Lakefront Living in the Heart of Chapel Hill. Stylish 3/1 ranch with modern updates on private .41 acre lot! Freshly painted, luxury vinyl plank floors throughout, new LED lighting, new door hardware, awesome new SS sink with upgraded Delta faucet, new kitchen countertop, new range hood, SS appliances (all convey). *Separate, updated lower-level apartment that offers multiple options and is an additional 1002 sq ft not included in total because of external private access. (The current seller lived upstairs and her mom was downstairs.) Could be a home office, guest suite, Airbnb or other rental income. The apartment has also been completely updated with shiplap siding and reclaimed wood walls, new kitchen countertop and microwave, engineered hardwood floors throughout, fresh paint, new LED lighting, full size washer and dryer (all appliances convey). Multiple flex space areas with closets. Outside living at it's best with a gorgeous flagstone patio and built-in planters. Relax around the fire pit and the ready- made garden beds have wildlife proof fencing. The back yard is fully fenced with a custom privacy fence and has gates on both sides. New storage shed 2024. Lake Ellen is a true gem in the heart of Chapel Hill with abundant wildlife, birds and fish and even a neighborhood dock with kayak storage. Other updates include: New roof 2023, upstairs HVAC 2019 with new ductwork, apartment mini-splits (2019, 2023). It's a 5 minute walk to the main bus line, and a short walk to miles of trails- Booker Creek Trail and Carolina North. This home is in the Chapel Hill School District. Welcome to your summer by the lake! Completely move-in ready. All you have to do is unpack and it is ready for you to simply enjoy!