Coker Place Brings Over 100 New Chapel Hill Homes to Market
Introducing Coker Place, Chapel Hill’s newest townhome and condo community launching in phases beginning Fall 2025. Construction is already underway. Sales efforts have begun.
Chapel Hill, NC – Chappell, in partnership with Lock 7 Development and DevPointe, is proud to introduce Coker Place, a thoughtfully designed residential community rooted in legacy, livability and local connection.
Located at 710 N. Estes Drive, Coker Place will bring 107 townhomes and condominiums to Chapel Hill. This is one of the few new residential opportunities in the area to offer rooftop living, paired with immediate access to trails, top schools, shops and the University of North Carolina campus. Construction has already begun on the first homes. Sales efforts are underway, with the first building already over 30% claimed.
The first phase, a 40-townhome collection, launched in early Fall 2025, with prices ranging from the high-$600,000s to $900,000s. Townhome plans will range from approximately 1,700 to 2,200 square feet and offer two to four bedrooms. Each home includes garage parking, and many will feature bonus rooms, private elevators and rooftop terraces with rare treetop views. The first homes are expected to be completed by the end of the year.
“As a UNC-Chapel Hill graduate and someone who has deep roots in this town, it’s incredibly meaningful to help create a place that gives others the chance to plant their own.”
– Johnny Chappell, Chappell Owner/Founder & Member of the Development Team
In spring 2026, the second phase will launch with the introduction of 67 new condominiums. These homes will range from 600 to 2,300 square feet with one to three-bedroom floor plans, including designated affordable housing opportunities. Pricing will start in the $300,000s and go up to $715,000, with the first condo units expected by late 2026.
“Bringing Coker Place to life is a point of personal and professional pride,” said Johnny Chappell, Owner/Founder of Chappell and Development Team Member at DevPointe. “As a UNC-Chapel Hill graduate and someone who has deep roots in this town, it’s incredibly meaningful to help create a place that gives others the chance to plant their own. I’m proud to be part of a project that will not only introduce something beautiful and well-built, but also offer future neighbors a place to call home and build lasting connections within a community that means so much to me.”
“Coker Place also reinforces my team and I’s commitment to bringing Missing Middle housing opportunities to market in one of the Southeast’s fastest growing metropolitan regions,” Chappell continues. “In Orange County and across the Triangle, demand continues to grow for housing that is modern, connected and priced within reach. Coker Place answers that call by delivering a range of plans and price points in a location that truly offers the best of Chapel Hill, and close proximity to Raleigh, Durham and the Research Triangle. These are the kinds of homes people want to stay in, and the kinds of places that make our town even stronger.”
Coker Place draws inspiration from the legacy of William Chambers Coker, a beloved UNC professor and pioneering botanist who helped shape the University’s natural landscape. His name is woven throughout the community — from the arboretum to neighborhood streets — and now, in a new community designed with the same care, thoughtfulness and connection to place that he championed.
“Coker Place is about more than building homes. We saw an opportunity to create something lasting,” said Dave Gorman, Principal at Lock 7 Development. “Our teams took a thoughtful approach to everything — from architectural style to floor plan flexibility to how the site connects to nearby schools, trails, and shopping. The location is outstanding, and we worked closely with the community and the Chappell team to ensure the design would reflect the character and rhythm of Chapel Hill from the very beginning.”
The 7.3-acre site features more than 450 feet of frontage along Estes Drive and offers direct access to a multi-use trail, enabling residents to walk or bike safely to downtown, UNC’s main campus, schools and nearby parks. The community will feature a modern blend of brick and cementitious siding, complemented by varied rooflines, to provide both visual interest and design cohesion. Buyers can select from 18 different floor plans and varying design schemes with upgradeable features. Coker Place reserves 14 homes for affordable housing, with seven offered at 65% of the area median income and seven at 80% of the area median income.
Under Construction Developments
Chappell and its development partners are currently delivering multiple Missing Middle home collections across the Triangle, all varying in build type and price point.
Coker Place is not the first larger-scale development by Chappell and Lock7 Development. The collaborators also partnered to bring Durant Towns to market in late 2023 and are currently representing the final seven townhomes for sale in the nearly sold-out North Raleigh collection.
In Downtown Durham, North & Broadway is introducing modern, turnkey townhomes to a bustling urban cityscape. As of publication, the collection is over 70% sold, with three of the four buildings already at capacity and only seven opportunities remaining in the designer Bull City community. Previously, the firms partnered on The Stephenson in Downtown Raleigh’s popular Village District and 615 Peace in Glenwood South.
Throughout Raleigh, Chappell and DevPointe are making multiple move-in-ready communities possible. The collaborators are representing Downtown Raleigh’s pioneer eco-friendly collection, IDYLE, a Net-Zero-Energy (NZE) Ready community of 11 passively powered townhomes. Construction progress is underway, bringing the second eco-friendly building on S. Bloodworth Street to life, while sales efforts continue for first move-in-ready townhomes. This pioneer collection contains Downtown Raleigh’s first fully certified NZE townhome, which closed earlier this year.
Outside of DTR, Chappell and DevPointe are partnering on even more move-in-ready residential collections throughout Oak City. Near the Village District, the team’s newest luxury brownstones, Oberlin Heights, bring rooftop views and designer layouts to the coveted ITB locale. Construction is underway on the second building, while the first five (5) homes along Oberlin Road are ready for homebuyers. As of publication, the collection is nearly 20% sold out.
In the Lake Johnson area, Wrenwood, a 75% sold-out collection of 26 duet-style homes, brings craftsman-style charm and connected proximity to both ITB Raleigh and Downtown Cary. Phase Two of construction recently concluded following the successful sell-out of Phase One. Nearby, Pleasant Grove Townes, a collection of 24 modern farmhouse-inspired townhomes, is over 80% sold out as of publication, offering buyers easy access to ITB, DTR, and RTP from its convenient central Raleigh locale.
Upcoming Developments
In addition to the developments Chappell and its partners are currently representing in the Triangle, the team is also set to help bring additional new home communities to market in 2025.
Oberlin Villas, a boutique collection of four duet-style luxury builds coming to 1808 Oberlin Road, began construction earlier this summer. Meanwhile, the teams are gearing up to release Mitchell Mill, a contemporary townhome community of 14 designer builds in North Raleigh, and Proximity Pointe, a boutique townhome collection coming to 1534 Kirkland Road in East Raleigh. For more information on every upcoming residential development the team is bringing to market in the coming months, please contact a member of the Chappell team directly and explore our Chappell VIP page.
Coker Place’s architecture is led by CI Designs, with construction by Concept 8. The community will showcase a modern mix of brick and cementitious siding with varied rooflines to offer both visual interest and design cohesion. Coker Place is co-developed by Lock 7 Development and DevPointe, with sales and marketing led by Chappell [Powered by Compass].
For more information or to join the interest list for Coker Place, visit CokerPlace.com or call 919.525.3215.
About Chappell [Powered by Compass]
Chappell [Powered by Compass] is a team of doers and creators pushing the bounds of expected real estate to deliver an exceptional experience. As one of the best residential real estate firms in the greater Raleigh, Durham, and Triangle areas, we are a team of knowledgeable experts who bring years of insight and expertise to every interaction. We’re proudly powered by Compass, the best boutique brokerage in the country. Tech-driven with tools and resources to ignite any listing or project, we invite you to experience real estate differently—whether it’s buying, building, or selling.
About Lock 7 Development
Lock 7 Development is a boutique real estate development firm with over 13 years of experience. Specializing in developing multifamily buildings, mixed-use properties, and self-storage facilities in both Washington, D.C., and North Carolina, Lock 7 focuses on urban infill sites in walkable, established communities. The team creates exciting, sustainable places to live and work, with a strong emphasis on creative design and environmentally responsible construction.
About DevPointe
DevPointe is a real estate development company based in Raleigh, North Carolina, providing comprehensive, end-to-end services for investors and property developers. With a combined 100 years of experience and a proven track record that includes $335 million in sales and 33 communities created to date, DevPointe delivers thoughtful, efficient, and high-quality solutions to streamline residential development and simplify bringing high-style, low-maintenance inventory to the growing Triangle market.
