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$1,400,000
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Property Description
This exceptional ±2.71-acre Chapel Hill tract presents a rare opportunity for developers, investors, or end users seeking one of the Triangle's most desirable locations. Positioned in close proximity to Chapel Hill's thriving retail, dining, medical, and employment centers, the property offers tremendous upside for a potential townhome development, an exclusive private estate, or a strategic long-term investment hold as the area continues to experience strong growth and demand. With its convenient access to Chapel Hill, Durham, and the greater Research Triangle region, the property is ideally situated to capitalize on continued residential demand and future appreciation. Whether you're envisioning a boutique residential community, creating your dream estate tucked away in one of North Carolina's premier markets, or acquiring a well-located land investment for future development potential, this tract offers the flexibility and location to make it a compelling opportunity. Opportunities to acquire quality acreage in Chapel Hill are increasingly limited so don't miss your chance to secure a versatile asset in one of the most sought-after markets in the Triangle.
Full Property Details
Full Property Details for 271 Erwin Rd
General
- Price: $1,400,000
- Taxes: $8,661
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10181504
- Updated: 7/21/2026
- Added to Site: 45 day(s) ago
Location
- County: Orange
- Subdivision: Not in a Subdivision
- Driving Directions: Head 501 SE and turn right on Sage Rd. Turn right on Erwin Rd. Property is located .1 miles on your left.
- City Limits: Yes
School Information
- Elementary School: Chapel Hill Carrboro - Mel and Zora Rashkis Elementary School
- Middle School: Chapel Hill Carrboro - Guy B Phillips Middle School
- High School: Chapel Hill Carrboro - East Chapel Hill High School
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Phone Available, Sewer Available, Water Available
Lot Features
- Lot Size (Acres): 2.64
- Lot Size (Sq. Ft.): 114,998.4
- Lot Dimensions: 284 x 444 x 246 x 414
- Frontage: 2 Lane Road
- Street/Road Desc.: Asphalt
- Zoning: R-2
Financial Considerations
- Price Per Acre: $530,303.03
- Tax Amount: $8,661.27
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 9890512638
- Lot Number: 9890512638
Listed by ASA Properties NC, LLC, Andrew Suriano (919) 608-3542
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Schools
Schools serving 271 Erwin Rd
School District:Chapel Hill-Carrboro Schools
| Name | Grades | Distance |
|---|---|---|
Mel And Zora Rashkis Elementary School 601 Meadowmont Lane, Chapel Hill, NC 27517 | K-5 | 2.7 mi |
Guy Phillips Middle School 606 North Estes Drive, Chapel Hill, NC 27514 | 6-8 | 2 mi |
East Chapel Hill High School 500 Weaver Dairy Road, Chapel Hill, NC 27514 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 271 Erwin Rd
Date
Details
Price
Change
Source
7/21/2026
Listed
$1,400,000
133.33%
MLS
12/06/2021
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 271 Erwin Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,943
74%
$673,400
128%
2024
$5,136
3%
$295,900
—
2023
$4,995
-24%
$295,900
-28%
2021
$6,577
-1%
$408,400
—
2022
$6,661
1%
$408,400
31%
2021
$6,577
24%
$311,600
—
2018
$5,285
2%
$311,600
—
2017
$5,183
10%
$311,600
13%
2016
$4,724
1%
$274,812
—
2014
$4,672
2%
$274,812
—
2013
$4,586
—
$274,812
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 271 Erwin Rd
271 Erwin Road, Chapel Hill, NC 27514 (MLS# 10181504) is a Lots/Land property with a lot size of 2.64 acres. 271 Erwin Road is currently listed for $1,400,000 and was received on July 21, 2026. Want to learn more about 271 Erwin 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.

