We have synthesized a novel set of pyrene-functionalized, covalently bound surface adlayers with and without cholesterol derivatives coadded to the adlayer. We have deposited these adlayers on quartz, oxidized silicon wafers, and indium-doped tin oxide coated substrates. The addition of tethered cholesterol to the adlayer creates a hydrophobic, likely disordered, microenvironment in which the surface-bound pyrene resides. X-ray photoelectron spectroscopy measurements demonstrate the covalent attachment of both cholesterol and pyrene in our adlayers. The presence of the cholesterol moieties gives rise to a reduction in film thickness, as measured ellipsometrically, and contact angle data indicate significant surface heterogeneity. Steady-state fluorescence data show that the presence of cholesterol moieties reduces the extent of pyrene excimer formation and provides a less polar environment for the chromophore. Fluorescence lifetime measurements on surface-bound pyrene were biexponential, consistent with multiple local environments, regardless of whether tethered cholesterol was present or not. Cyclic voltammetry reveals competition between the pyrene and cholesterol moieties for binding to available surface sites on the epoxide-terminated surface-binding layer we use.