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$795,000 Est. $5,576/mo — Get pre-qualified
5beds 4.5baths 4,559sq ft 0.16acres

320 Papyrus Place · Hillsborough, NC 27278

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Everything you could want and more, with a walk-out basement! Poised, polished, and perfectly placed - welcome to 320 Papyrus, where luxury and livability unite in picturesque Hillsborough. This impressive 5-bedroom, 4.5-bath residence boasts 4,559 square feet of thoughtfully crafted space designed for both comfort and connection. Step inside to discover a bright, open floor plan where natural light pours across inviting living areas. The gourmet kitchen shines with premium finishes, generous counter space, and seamless flow into the dining and family rooms - perfect for gatherings both grand and intimate. Upstairs, spacious bedrooms provide serene retreats, highlighted by a peaceful primary suite offering spa-inspired comfort. The fully finished basement extends your possibilities with flexible living space for recreation, work, or guests. Out back, a private screened porch invites you to savor quiet mornings or lively evenings surrounded by nature's serenity. Nestled in the sought-after Waterstone community just minutes from downtown, 320 Papyrus Place delivers presence, privacy, and pure perfection - a home that truly stands apart.

Features & Amenities

Living Area4,559 Sq.Ft.
Bedrooms5
Baths4.5
HeatingForced Air, Gas Pack, Natural Gas, Zoned
CoolingCentral Air, Zoned
FlooringCarpet, Ceramic Tile, Wood
FireplaceNo
AppliancesDishwasher, Disposal, Dryer, Exhaust Fan, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Oven, Washer
Interior FeaturesBathtub/Shower Combination, Bookcases, Pantry, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Radon Mitigation, Recessed Lighting, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
LaundryElectric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
Exterior FeaturesPrivate Entrance, Private Yard, Rain Gutters
StyleTransitional
Year Built2017
ConstructionBrick Veneer, Vinyl Siding
RoofShingle
FoundationBlock
ParkingConcrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, On Street, Side By Side, Tandem
StatusPending
Lot Size0.16 Acres
Lot FeaturesBack Yard, Cleared, Front Yard, Hardwood Trees
SubdivisionWaterstone
CountyOrange
Property TypeResidential
Property SubTypeSingle Family Residence
Days on Market67
Last UpdatedJul 18, 2026
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
HOAYes — $98 / month
Community FeaturesPark, Pool, Sidewalks, Street Lights
ElementaryOrange - New Hope Elementary Elementary School
MiddleOrange - A L Stanback Middle Middle School
HighOrange - Cedar Ridge High High School
Presented By: Founders Residential LLC; kaileyanorman@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Jul 18, 2026 Price Reduced $799,900 → $795,000 ▾ $4,900 (0.6%)
Apr 23, 2026 Price Change $825,000 —

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