Teer Rd, Chapel Hill, NC 27516

$1,400,000

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Sold Price
$1,400,000
List Price
$1,400,000
Closing Date
Mar 06, 2026
MLS#
100532811
Status
CLOSED
Type
Land
Subtype
Residential Lot
Lot Size
1,491,494
Subdivision
Not In Subdivision

Property Description

Appointment Only: 34.242 Acres | Off Teer Road | Chapel Hill, NC | Orange County Exceptional opportunity to own a 34.242-acre parcel in the heart of Orange County, just off Teer Road in Chapel Hill. This property combines open fields, wooded forests, and breathtaking views of the OWASA Reservoir, offering a one-of-a-kind setting for your dream home or private retreat. Scenic & Diverse Landscape: Well-cleared and maintained open field, alongside growing and managed wooded areas with rolling terrain. Enjoy stunning reservoir views and the tranquility of nature right at your doorstep. Flexible Home Sites: Multiple potential building locations provide versatility for designing your ideal residence, whether nestled in the woods or overlooking the water. Agricultural & Forestry Use: Currently enrolled in Orange County's Present Use Value (PUV) tax deferment program for agriculture and forestry—an excellent benefit for land stewardship and lower taxes. Private & Secluded: Accessed by a private 60-foot easement from Teer Road, the property offers both seclusion and convenience. Prime Location: Situated in a desirable area of Chapel Hill with easy access to town amenities, schools, and major highways, yet tucked away for complete privacy. Whether you're seeking a peaceful homestead, recreational retreat, or long-term investment, this acreage delivers unmatched potential in a highly sought-after location.

Additional Information

Elementary School
Grady A. Brown Elementary School
Middle School
AL Stanback
High School
Cedar Ridge
Acres
34.24

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Listing courtesy of York Realty. Selling Office: A Non Member.