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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/mo

Build 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
Community
Monterey Valley
Elevation
381 feet
Coordinates
35.8838, -79.0983

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

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

NameType
CH/Carrboro - NorthsideElementary
CH/Carrboro - Grey CulbrethMiddle
CH/Carrboro - CarrboroHigh

Listing history

DateEventPriceChangeSource
Mar 9, 2026New listing$617,500DMLS
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This 10.01-acre property is located at 896 Monterey Valley Dr in Chapel Hill, NC 27516. The property is available for sale for $617,500 with a price per acre of $61,688.

Checked 1 hour ago — Updated

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