140 W Franklin Street Unit 703, Chapel Hill, NC

$2,499,900

Previous Next

3

Beds

Baths

2,356

Square feet

1.75

Acres

About 140 W Franklin Street Unit 703

Welcome to #703 — one of the most spectacular penthouse condominiums in downtown Chapel Hill. Enjoy panoramic views and front-row seats to the July 4th fireworks from your private terrace. Spanning the 7th and 8th floors, this rare corner residence offers sweeping vistas of Franklin Street, downtown Chapel Hill, and the rolling countryside beyond — opportunities to own a home like this are few and far between. Inside, you'll find three bedrooms, including two primary suites—each with its own ensuite bath, allowing you to choose your preferred retreat. The third bedroom is currently outfitted as an entertainment center, and all closets have been custom built for organized storage. The open concept living area features a cozy gas fireplace, elevator access, and two outdoor balconies. In cooler months, simply flip a switch to warm the space with the gas logs. Upstairs, a large, covered terrace with an outdoor fireplace and TV cabinet creates the perfect setting for al fresco dining, a late-night movie, or catching the big game. Tech lovers will appreciate the whole-house smart system, updated just two years ago, which controls lighting, window shades, HVAC, and TVs—all from an easy-to-use phone app. The efficient kitchen is equipped with premium stainless-steel appliances, including a six-burner Wolf gas range, LG refrigerator with craft ice, and a wine cooler. A terrace off the dining area is plumbed with a natural gas line, ideal for outdoor grilling. Building amenities include 24/7 concierge services, fitness center, secured parking, and advanced camera surveillance. What truly sets 140 West Franklin apart? Location, location, location! Just steps from UNC's main campus, fine dining, and UNC sports venues, this residence offers the best of downtown Chapel Hill living. Deeded parking spaces (#126 and #137) and a conditioned storage locker on the 6th floor convey with the property. Please provide pre-approval letter, proof of funds with offer. 24 HOUR SHOWING NOTICE, Showing Hours 10AM - 5PM Mon - Sun. Listing Agent to be Present.

Features of 140 W Franklin Street Unit 703

MLS® # 10125937
Price $2,499,900
Bedrooms 3
Bathrooms 3.50
Full Baths 3
Half Baths 1
Square Footage 2,356
Acres 1.75
Year Built 2013
Type Residential
Sub-Type Condominium
Style Transitional
Status Active

Community Information

Address 140 W Franklin Street Unit 703
Subdivision 140 West Franklin Condominium
City Chapel Hill
County Orange
State NC
Zip Code 27516-2588

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities
Parking Deeded, Electric Gate, Gated, Lighted, Paved, Secured, Underground
# of Garages 2
View City, City Lights, Downtown
Is Waterfront No
Has Pool No

Interior

Interior Features Bathtub/Shower Combination, Built-in Features, Ceiling Fan(s), Chandelier, Double Vanity, Elevator, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Recessed Lighting, Separate Shower, Smooth Ceilings, Sound System, Storage, Track Lighting, Walk-In Closet(s), Walk-In Shower, Wired for Data
Appliances Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Gas Range, Ice Maker, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Wine Refrigerator
Heating Electric, Forced Air, Heat Pump
Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump
Fireplace Yes
# of Fireplaces 2
Fireplaces Gas Log, Living Room, See Through
Stories Two
Has Basement No

Exterior

Exterior Features Balcony, Gas Grill, Smart Camera(s)/Recording, Storage
Lot Description City Lot, Corner Lot, Level
Windows Aluminum Frames, Double Pane Windows, Window Coverings
Roof Concrete, Flat, Rubber, Tar/Gravel
Construction Batts Insulation, Concrete, Glass, Low VOC Paint/Sealant/Varnish
Foundation Concrete, Concrete Perimeter

School Information

Elementary CH/Carrboro - Carrboro
Middle CH/Carrboro - Smith
High CH/Carrboro - East Chapel Hill

Additional Information

Date Listed October 5th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 1240.5
HOA Fees Freq. Monthly

Listing Details

OfficeHodge&KittrellSothebysIntlRlty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?