Waterstone Homes with Basement

Welcome to Waterstone, a picturesque subdivision nestled in the heart of Hillsborough, North Carolina. This charming community is a hidden gem in Orange County, offering residents a perfect blend of serene suburban living and modern conveniences. With its lush landscapes and friendly atmosphere, Waterstone is the ideal place to call home.

One of the standout features of homes in Waterstone is the availability of basements, providing ample space for creativity and functionality. Whether you envision a cozy family room, a home gym, or a dedicated play area for the kids, the possibilities are endless. These versatile spaces are perfect for entertaining or simply enjoying a quiet evening at home.

The architecture in Waterstone reflects a harmonious blend of traditional and contemporary styles, ensuring that each home has its own unique character. With meticulously landscaped yards and welcoming front porches, the neighborhood exudes charm and warmth. Residents can enjoy leisurely strolls along tree-lined streets, fostering a strong sense of community among neighbors.

Conveniently located just a short drive from downtown Hillsborough, Waterstone residents have easy access to local shops, dining, and recreational activities. The nearby Eno River State Park offers beautiful trails for hiking and biking, while the vibrant cultural scene in Hillsborough provides plenty of opportunities for entertainment and engagement.

If you’re seeking a community that combines the tranquility of nature with the comforts of modern living, look no further than Waterstone. Discover your dream home with a basement in this delightful subdivision, and experience the best of Hillsborough living!

Newest Waterstone Homes with Basement

$644,000

5 Beds ⋅ 4 Baths ⋅ 10163776 MLS ⋅ ACTIVE Status

Open House this Sunday from 2 - 4 pm! Price improvement! Welcome to this exceptional home in the highly sought-after Waterstone community of Hillsborough! Meticulously maintained and thoughtfully designed, this spacious residence offers an open-concept main level that seamlessly connects the kitchen, dining, and family rooms—perfect for everyday living and effortless entertaining. Large windows fill the home with natural light and open to a screened porch and adjoining deck overlooking a private, fenced backyard with peaceful wooded views. The modern kitchen is a chef's delight, featuring a center island with granite countertops, stainless steel appliances, and a classic subway tile backsplash. Just off the foyer, a dedicated home office with French doors provides the ideal space for working remotely or quiet study. Upstairs, you'll find three secondary bedrooms, a convenient laundry room, and a luxurious owner's suite complete with a tray ceiling, dual-sink vanity, garden tub, separate tiled shower, and two walk-in closets. The versatile third floor offers the perfect flex space for a bonus room, media room, playroom, or fifth bedroom. The finished basement expands the living space even further with an additional bedroom, bonus room, full bathroom, and abundant storage. Residents of Waterstone enjoy outstanding community amenities, including a swimming pool, playground, and picnic area, along with convenient access to I-40/I-85, shopping, dining, and all that Hillsborough has to offer. Don't miss the opportunity to own this beautifully appointed home in one of Hillsborough's most desirable neighborhoods!

306 Papyrus Pl, Hillsborough

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .