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$1,400,000
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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.
Full Property Details
Full Property Details for 0 Teer Rd
General
- Sold For: $1,400,000
- Taxes: $103
- Status: Closed
- Type: Lots/Land
- Source: 2218
- MLS ID: 10124109
- Added to Site: 251 day(s) ago
Rental Information
- Lease/Rent Term: Short Term Lease
Location
- County: Orange
- Subdivision: Not in a Subdivision
- Driving Directions: 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. The propertywill be on your right. From Downtown Chapel Hill (Franklin Street / US-15/501) Head west on US-15/US-501 (Franklin Street) toward Carrboro/Greensboro. Turn left onto NC-54 West / Old Greensboro Road. Continue on NC-54 W for approx. 2-3 miles. Turn right onto Teer Road. Stay on Teer Road; the property will be on your right.
School Information
- Elementary School: Orange - Grady Brown
- Middle School: Orange - A L Stanback
- High School: Orange - Cedar Ridge
Utilities
- Sewer: None
- Water: Need Well
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Agricultural, Timber
Lot Features
- Lot Size (Acres): 34.24
- Lot Size (Sq. Ft.): 1,491,494.4
- Lot Dimensions: Irregular
- Frontage: Easement, Private Road, Unimproved
- Street/Road Desc.: Dirt, Unimproved
- Best Use: Agricultural, Horses, Residential, Single Family, Timb
- Zoning: AR
Financial Considerations
- Price Per Acre: $40,887.85
- Tax Amount: $103.93
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 9830643789
Listed by York Realty, Jon York (336) 302-3663 and Compass -- Cary, Davis Holt
Sold by Non Member Office, Non Member
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Price & Sales History for 0 Teer Rd
Date
Details
Price
Change
Source
3/06/2026
Sold
$1,400,000
—
MLS
9/26/2025
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
0 Teer Road, Chapel Hill, NC 27516 (MLS# 10124109) is a Lots/Land property that was sold at $1,400,000 on March 06, 2026. Want to learn more about 0 Teer Road? Do you have questions about finding other Lots/Land real estate for sale in Chapel Hill? You can browse all Chapel Hill real estate or contact a Coldwell Banker agent to request more information.

