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Recreational & Residential Land for Sale in Chapel Hill, North Carolina
896 Monterey Valley Dr, Chapel Hill, NC 27516
$617,500
10 acres
Active
ago
Est $4,577/moBuild your dream home on this 10-acre lot, in a magical setting that feels like you are in the mountains, yet only 10 minutes to UNC, downtown Chapel Hill, and Carrboro. This private, peaceful location is at the end of the neighborhood, and it borders the UNC-owned, 626-acre University Lake property that has large, light-recreational lake and protected, wooded forests. This building site has hundreds of mature trees and native plants along with native rock outcroppings and gentle slopes. The neighborhood features a variety of custom-built homes on multi-acre lots and a private, paved road. The surrounding area features rolling countryside with farms and forests - a lovely drive to this special property.
Location
- Street address
- 896 Monterey Valley Dr
- County
- Orange County
- Community
- Monterey Valley
- Elevation
- 381 feet
Property details
- Acreage
- 10.01 acres
- Zoning
- RB
- MLS #
- DMLS 10151410
- Posted
Property taxes
- 2025
- $4,675
Expenses
- Home Owner Assessments Fee
- $3,000 annually
Parcels
- 9777068565
Legal description
7 REV Monterey Valley P56/125
Details and features
Listing
- Type
- Land
- Franchise
- Berkshire Hathaway Home Services
Lot
- Vegetation
- Natural State, Wooded
Structure
- Water
- Well Needed
- Sewer
- Septic Needed
Nearby schools
| Name | Type |
|---|---|
| CH/Carrboro - Northside | Elementary |
| CH/Carrboro - Grey Culbreth | Middle |
| CH/Carrboro - Carrboro | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 9, 2026 | New listing | $617,500 | — | DMLS |
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