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Agricultural Land with Home for Sale in Chapel Hill, North Carolina

1018 Terrell Woods Ln, Chapel Hill, NC 27516

$2,650,000
30 acres
Active
$200k drop
Est $13,715/mo

Horse Farm extraordinaire!! WELCOME to this meticulously maintained 30 Acres property located at 1018 Terrell Woods Lane. This picturesque horse farm is nestled in the serene landscape of Chapel Hill, NC. where vast green pastures meet up to the beautiful hardwood trees that border the property. This residence offers a seamless blend of modern luxury and natural beauty, further enhanced by the exceptional Dreamfield Equestrian Farm featuring all inclusive amenities making this property flow seamlessly for a move-in ready experience. Adjacent to the barn and steps away from the pastures is a modern ranch-style home which spans 2,640 square feet open floor plan featuring three spacious ''main'' level bedrooms and three elegantly designed bathrooms. The open floor plan is crafted to maximize the flow of natural light in while providing exceptional views further enhanced by large windows that allow an abundance of sunlight to filter throughout the space. This creates a warm and inviting ambiance, further enriched by the rich hardwood flooring that adds a touch of rustic charm to the modern aesthetic. The kitchen is a chef's dream, featuring brand new, top-of-the-line appliances, including a gas Jenn Air cooktop, a built-in oven/microwave wall unit, and a Bosch dishwasher. Set on an expansive 30 acres of land, this property offers endless opportunities. The ''IDEAL'' new owner will continue the horse farm legacy of the equestrian farm with the permitted option to expand by building another custom home or a barn/stalls while ensuring the integrity and unity of this magnificent estate. A defining feature of this estate is the acclaimed Dreamfield Equestrian Farms, a state-of-the-art equestrian facility spanning 30 meticulously maintained acres. This premier facility includes One barn 6 stalls each with 28 foot paddock extensions, 14ft x 14ft stalls, Comfort Stall flooring, interior fly spray system, automatic waterers with a generator back up in case of power outage, rubber pavers in the aisleway, an easy drive through access for loading/unloading horses, underground waterers for each pasture along with a covered round pen and an outdoor arena all providing an exceptional environment for equestrian activities. The pastures are carefully tended, with regular fertilization, soil sampling, and overseeding to ensure optimal grazing conditions. The facility is equipped with an Arena Rascal Pro for precise dressage drag, maintaining a perfect 2 1/2 inch surface for training. With a rotational pasture system, up to six horses can be comfortably accommodated on 3-4 acres each, ensuring their health and vitality. The 30 acres property is enclosed with V-Mesh fencing which keeps predators out and provides a safe close fence spacing for the horses. The electric gate in the front of the property provides added security with a code access. The unique feature of this property is the 2 mile trail paved out around the property border providing a scenic route for riding and exploration. Discover the harmonious blend of contemporary elegance and equestrian excellence at 1018 Terrell Woods Lane. This property is more than a home; it is an invitation to embrace a lifestyle of sophistication, tranquility, and unparalleled equestrian amenities. This property is approved through Orange County as a Bona Fide Farm Exemption TAX with the NC Department of Revenue Qualifying Farmer Exemption Certificate Which provides easy access to build and expand while having tax savings and being tax exempt Many saving benefits for the new owner ..Orange County (Hillsborough) has the recorded information

2,640
Sq feet
3
Beds
2
Full baths
1
1/2 bath
2012
Built

Location

Street address
1018 Terrell Woods Ln
Community
Terrell Woods
Elevation
479 feet
Coordinates
35.8801, -79.1832

Property details

Acreage
30 acres
MLS #
DMLS 10076928
Posted

Property taxes

2024
$8,767 - 9747556299, 9747547774

Parcels

  • 9747547774
  • 9747556299

Details and features

Listing

Type
Farm
Subtype
Single Family Residence

Lot

Vegetation
Cleared, Grassed, Partially Wooded
Features
Agricultural, Hardwood Trees, Meadow

Exterior

Parking Spaces
8
Parking
Driveway, Garage, Gated, Open, Secured
Fencing
Fenced, Perimeter
Pool
Deck, Patio, Porch
Structures
Arena, Storage
Features
Covered Courtyard, Fenced Yard, Permeable Paving, Private Entrance, Private Yard

Structure

Style
Modern, Ranch
Stories
1
Basement
Crawl Space
Water
Well
Sewer
Engineered Septic, Septic Tank
Heating
Forced Air
Cooling
Ceiling Fan(s), Central Air
Materials
Attic/Crawl Hatchway(s) Insulated, Block, Concrete, Hardi Plank Type
Roof
Shingle
Windows
Double Pane Windows, Screens, Window Coverings

Interior

Room Count
10
Rooms
Basement, Bathroom x 3, Bedroom x 3, Dining Room, Laundry Room x 2
Flooring
Hardwood, Tile
Appliances
Built-In Electric Oven, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Down Cooktop, Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
Security
Security Lighting
Features
Bookcases, Breakfast Bar, Double Vanity, Eat-In Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Natural Woodwork, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Smart Camera(s)/Recording, Smooth Ceilings, Soaking Tub, Sound System, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Sense Fixture(s)

Nearby schools

NameLevelDistrictDescription
Orange - Grady BrownElementary
Orange - A L StanbackMiddle
Orange - Cedar RidgeHigh

Listing history

DateEventPriceChangeSource
Aug 20, 2025Price drop$2,650,000$200,000 -7%DMLS
Apr 16, 2025Price drop$2,850,000$350,000 -10.9%DMLS
Feb 17, 2025New listing$3,200,000DMLS
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This 30-acre property is located at 1018 Terrell Woods Ln in Chapel Hill, NC 27516. The property is available for sale for $2,650,000. It has a 2,640 sq ft 3 bedroom, 2 bath house built in 2012.

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