Location, space, and flexibility--all in one! Welcome to 205 Sunrise Lane, a beautifully updated three-story condo that lives like a townhome, ideally located approximately 1.2 miles from UNC-Chapel Hill and close to downtown. Freshly painted and carpet-free throughout, this move-in-ready home offers numerous updates for its next owner. The main level features a spacious family room and separate dining room with brand-new luxury vinyl plank flooring and peaceful wooded views. The updated kitchen includes newer appliances, a new faucet, and additional improvements. Upstairs, you'll find two bedrooms with hardwood and ceiling fans, plus a shared full bathroom. The basement offers one additional bedroom and a flex room, a second full bath, a laundry and utility area with a washer and dryer, and direct access to the rear patio--providing excellent separation of space and privacy. New roof installed in 2023. Located along a free bus route and convenient to bike paths, UNC, Franklin Street, The Root Cellar, the YMCA, Bolin Creek trails, restaurants, shopping, and entertainment. Don't miss this exceptional Chapel Hill home--a rare opportunity to enjoy flexible living, thoughtful updates, and an unbeatable location near UNC and downtown!