Description
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...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.
Property Details for 0 Teer Road
Property Details for 0 Teer Road
| Status | Pending |
|---|---|
| MLS # | 10124109 |
| Days on Market | 53 |
| Taxes | $104 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land / Unimproved Land |
| Year Built | - |
| Lot Size | 34.24 AC |
| County | Orange County |
Location
Listing Courtesy of: .
Building Information for 0 Teer Road
Payment Calculator
$6,927 per month
30 year fixed, 6.28% Interest
$6,918
$9
$0
Property Information for 0 Teer Road
- Zoning: AR
- 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.
- Subdivision Name: Not in a Subdivision
- Latitude: 35.960478
- Longitude: -79.215
- Road Frontage Type: Easement, Private Road, Unimproved
- Road Surface Type: Dirt, Unimproved
- Association: No
- Tax Annual Amount: $103.93
- City Limits YN: No
- Lot Number: N/A
- Restrictive Covenants YN: No
- Lease Expiration Date: 2025-12-31
- Original MLS: Triangle MLS Inc
- Property Leased YN: Yes
- Years Owned: 1 or More Year(s)
- Due Diligence Expiration Date: 2026-01-16
- Elementary School: Orange - Grady Brown
- Middle Or Junior School: Orange - A L Stanback
- High School: Orange - Cedar Ridge
- Lot Size Dimensions: Irregular
- Parcel Number: 9830643789
- List PriceAcre: 40887.85
- Road Frontage Length: 0
- Photos Count: 40
- Possible Use: Agricultural, Horses, Residential, Single Family, Timber
- Below Grade Finished Area Units: Square Feet
- Current Use: Agricultural, Timber
- Senior Community: No
- Sewer: None
- Utilities: Electricity Available
- Water Source: Need Well
- Water_Sewer: Need Well, None, Electricity Available
- Pool Private: No
- Interior: Electricity Available
- Property Type: Land
- Property Class Name: CrossProperty
- Lease Term: Short Term Lease
Property History for 0 Teer Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 18, 2025 | Pending TRIANGLEMLS #10124109 | — | |
| Nov 18, 2025 | In Contract NCRMLS #100532811 | — | |
| Sep 26, 2025 | Listed (Active) NCRMLS #100532811 | $1,400,000 | — |
| Sep 26, 2025 | Listed (Active) TRIANGLEMLS #10124109 | $1,400,000 | — |
| Jan 12, 2013 | Expired TRIAD #631232 | — | |
| Jan 12, 2012 | Listed (Active) TRIAD #631232 | $175,000 | — |
| Jun 18, 2008 | Sold TRIANGLEMLS #1001559 | $100,000 | — |
| Jun 18, 2008 | Sold AMLS #1001559 | $100,000 | — |
| May 5, 2008 | Listed (Active) TRIANGLEMLS #1001559 | $95,000 | — |
| May 5, 2008 | Listed (Active) AMLS #1001559 | $95,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/18/2025 | Pending TRIANGLEMLS #10124109 | — |
| 11/18/2025 | In Contract NCRMLS #100532811 | — |
| 09/26/2025 | Listed (Active) NCRMLS #100532811 | $1,400,000 |
| 09/26/2025 | Listed (Active) TRIANGLEMLS #10124109 | $1,400,000 |
| 01/12/2013 | Expired TRIAD #631232 | — |
| 01/12/2012 | Listed (Active) TRIAD #631232 | $175,000 |
| 06/18/2008 | Sold TRIANGLEMLS #1001559 | $100,000 |
| 06/18/2008 | Sold AMLS #1001559 | $100,000 |
| 05/05/2008 | Listed (Active) TRIANGLEMLS #1001559 | $95,000 |
| 05/05/2008 | Listed (Active) AMLS #1001559 | $95,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 0 Teer Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Grady Brown Elementary PublicPK to 5 | ||
A L Stanback Middle Public6 to 8 | ||
Cedar Ridge High Public9 to 12 | ||
Partnership Academy Alternativ Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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