0 Teer Road, Chapel Hill, NC 27516

$1,400,000
Property Type: Land Lot Size (sq. ft.): 1,491,494 Status: Pending with Showings
Current Price: $1,400,000 List Date: 9/26/2025 Last Modified: 11/18/2025

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.

More Information MLS# 100532811

Contract Info

Delayed Marketing?: No Sub-Type: Residential Land List Price/Acre: 40887.85 Stipulation of Sale: Standard Status: Pending with Showings Marketing Start Date: 2025-09-26 Listing Price: 1400000 Current Price: $1,400,000

Location Information

City Limits: No Marketing City: Chapel Hill Secondary Subdivision: N/A Street Name: Teer Street Suffix: Road County: Orange State/Province: NC Zip Code: 27516 Subdivision: Not In Subdivision Geo Lat: 35.960272 Geo Lon: -79.21548

Remarks and Showing

Sign on Property: Yes Directions to Property: From I-40 / I-85 (via NC-54/US-15-501) From I-40 / I-85, take exit for US-15/US-501 South / Chapel Hill / Carrboro. Continue south on US-15/501 toward Chapel Hill. After entering Chapel Hill, turn right onto NC-54 West (Old Greensboro Road). Follow NC-54 W for a few miles. Turn right onto Teer Road (if coming from NC-54 W, this is a right turn) Continue on Teer Road. Property on your right.

Property Exterior Info

Acres - Total: 34.24 Lot SqFt: 1491494 Deed Restriction: No Waterfront: Yes Total Road Frontage: 0 Waterview: Yes Location Type: Mainland Water Frontage: 4200

Legal and Taxes

Tax Assessed Value: 642380 Deed Book: 2044 Deed Page: 253 Legal: N/O SR 1101 Broker Owner: No PID: 9830620930 Tax Identifier: 9830620930 Plat Book: N/A Plat Page: N/A Special Assessments: None Tax Year: 2025 Zoning: AR Cobra Zone: No Elementary School: Grady A. Brown Elementary School Middle School: AL Stanback High School: Cedar Ridge

Bldgs on Property

None: 1

Soil Evaluation

Soil Evaluation - No: 1

Frontage Type

See Remarks: 1

View Type

Water: 1

Topography

Cleared: 1 Cleared/Partial: 1 Wooded: 1

Lot Water Features

None: 1

Fuel Tank

None: 1

Environmental Hazard

No: 1 Unknown: 1

Road Type/Frontage

Deeded Right of Way: 1 Private Road: 1 Unpaved: 1 Easement: 1

Status Change Info

Under Contract Date: 2025-11-17

Property Features

Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Frontage Type: See Remarks Topography: Cleared; Cleared/Partial; Wooded View Type: Water Fuel Tank: None Environmental Hazard: No; Unknown Lot Water Features: None
Listing Office: York Realty
IDX
Last Updated: November - 18 - 2025
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