Lake Hogan Farms is in Orange County, NC, is in the Chapel Hill/Carrboro City School District, has a Chapel Hill address (post office)but is in the Carrboro municipal district (planning and taxes). This can be confusing so send me an email or call and I'll explain.
My clients who have purchased in Lake Hogan Farms love the neighborhood. Sometimes it's hard to meet friends when moving to a new area and this neighborhood makes it easy. There are lots of activities for both children and adults. Holiday parties, progressive dinner parties, book clubs, basketball and tennis for both children and adults to name just a few. There are also volunteer opportunities with community service organizations. This year there was voting in the club house. The sidewalks and walking trails are a great way to meet and greet neighbors.
Development of Lake Hogan Farms began in the mid 90's on the site of a former dairy farm previously owned by the Hogan Family. There is a very old lake/pond on the property and I love imaging the past with cows cooling off and drinking from the lake. Thinking about the past is easy in this neighborhood of rolling hills Over 400 homes and town homes have been built on the site of a former dairy farm. 
The farm silo has been kept and is on the site of the amenities including a pool, clubhouse, tennis and basketball courts and a playground.
Homes are built in neighborhoods within Lake Hogan Farms with prices ranging from the mid 300's for town homes to over $1 million for estate homes. David Weekly has a new section, The Legends, with homes from the upper 300's. The lots are small but the plans are open and bright. All other homes for sale are resales. HOA dues are $60 and that includes the use of the pool and amenities. There is also a $300 one time capital improvement charge at closing.
Last year, 2007, there were approximately 28 closed real estate transactions in the Lake Hogan Farms. The average sales price was $173 sq, ft, list to sales price averaged 100% (some homes sold above asking price) and average days on the market was 64. This year to date (November 07, 2008) things are down a just bit with 13 active listings, 26 pending and closed, average sales price $166 sq. ft.,98% list to sales price and average days on the market 77. These numbers are really a generalization because it can vary so much within neighborhoods within Lake Hogan. Email me for more detailed stats.
http://picasaweb.google.com/Marianne.howell/LakeHogan# Here is a link to more photos. Some of these are taken in the winter and really show the topography but aren't pretty. I'm going to add more today.
Let me know if there is a neighborhood in Chapel Hill that you want to know more about and I'll write about it! Best, Marianne
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