500 Umstead Dr

A low-rise condominium complex built in 1972, the property is a single-story arrangement of multi-unit buildings set amid mature trees and communal green space. Units are primarily two- and three-bedroom floorplans with open living/dining arrangements, walk-in closets in primary suites, and a mix of bathtub and shower configurations; many units present mid-century shell and have seen periodic renovations including modern kitchens, quartz or granite counters, and updated HVAC. Exterior amenities focus on active outdoor recreation: a swimming pool, tennis and basketball courts, sand volleyball, walking trails along Bolin Creek, and covered patios or balconies for many homes. Common facilities include on-site laundry, exterior assigned parking near building entrances, and storage; water and basic grounds maintenance are typically covered by HOA dues. The complex sits about 1–2 miles from the University of North Carolina and is served by a free campus-area bus stop at the property entrance, providing an easy commuter link. The setting emphasizes a suburban-campus lifestyle with established landscaping, occasional special assessments for capital repairs, and a mix of owner-occupied and tenant-leased units forming a steady rental presence.