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
Listing Office: York Realty
IDX
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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