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:
1/19/2026
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
Status: Pending with Showings
Delayed Marketing?: No
Marketing Start Date: 2025-09-26
Sub-Type: Residential Land
Listing Price: 1400000
Current Price: $1,400,000
List Price/Acre: 40887.85
Stipulation of Sale: Standard
Location Information
Street Name: Teer
Street Suffix: Road
County: Orange
State/Province: NC
Zip Code: 27516
City Limits: No
Marketing City: Chapel Hill
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 35.960272
Geo Lon: -79.21548
Remarks and Showing
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.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 34.24
Lot SqFt: 1491494
Deed Restriction: No
Waterfront: Yes
Water Frontage: 4200
Waterview: Yes
Location Type: Mainland
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
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
Last Updated: January - 19 - 2026
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