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0 Teer Road, Chapel Hill, NC 27516
$1,400,000

Property Type:
Land
Lot Size (sq. ft.):
1,491,494
Status:
Pending
Current Price:
$1,400,000
List Date:
9/26/2025
Last Modified:
2/28/2026
Description
Appointment Only34.242 Acres | Off Teer Road | Chapel Hill, NC | Orange CountyExceptional 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.
More Information MLS# 10124109
Contract Information
Lease Term: Short Term Lease
Years Owned: 1 or More Year(s)
Property Leased YN: Yes
Lease Expiration Date: 2025-12-31
Original MLS: Triangle MLS Inc
Location, Tax, and Legal
Lot Number: N/A
Country: US
Elementary School: Orange - Grady Brown
Middle Or Junior School: Orange - A L Stanback
High School: Orange - Cedar Ridge
City Limits YN: No
Restrictive Covenants YN: No
General Property Information
Lot Size Acres: 34.24
Lot Size Square Feet: 1491494.4
Lot Size Dimensions: Irregular
Association YN: No
Road Frontage Length: 0
Senior Community YN: No
List Price/Acre: 40887.85
Status Change Information
Status Change Timestamp: 2025-11-18
Contingency Date: 2025-11-18
Frontage Type
Reservoir: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Easement: 1
Private Road: 1
Unimproved: 1
Road Responsibility
Private Maintained Road: 1
Road Surface Type
Dirt: 1
Unimproved: 1
Sales Options
1031 Exchange: 1
Cash: 1
Conventional: 1
USDA Loan: 1
Sewer
None: 1
Special Listing Conditions
Standard: 1
Subscriber Confirmation
Subscriber Created Text: Yes
Subscriber Took Photos: No
Utilities
Electricity Available: 1
Vegetation
Cleared: 1
Partially Wooded: 1
Water Source
Need Well: 1
Current Use
Agricultural: 1
Timber: 1
Development Status
Raw Land: 1
Easement Type
Access: 1
Possible Use
Agricultural: 1
Horses: 1
Residential: 1
Single Family: 1
Timber: 1
Restrictions
None: 1
Showing Requirements
Appointment Only: 1
Documents
Listing Office:
York Realty

Office Phone: 336-302-3663
Last Updated: February - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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