Skip to main contentSkip to navigation
1 / 40
Images
Map

Recreational & Residential Land for Sale in Chapel Hill, North Carolina

Teer Rd, Chapel Hill, NC 27516

$1,400,000
34.2 acres
pending
Under contract

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.

Location

Street address
Teer Rd
Elevation
532 feet
Coordinates
35.9603, -79.2155

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. Property on your right.

Property details

Acreage
34.24 acres
Zoning
AR
MLS #
HMLS 100532811
Posted

Parcels

  • 9830620930

Details and features

Listing

Type
Land

Lot

View
Water
Waterfront
Yes

Nearby schools

NameType
Grady A. Brown Elementary SchoolElementary
AL StanbackMiddle
Cedar RidgeHigh

Listing history

DateEventPriceChangeSource
Nov 18, 2025Under contract$1,400,000HMLS
Nov 11, 2025New listing$1,400,000HMLS
Subscribe to listing updates

Payment calculator

This 34.24-acre property is located at Teer Rd in Chapel Hill, NC 27516. The property is pending sale.

Checked 2 hours ago — Updated

Report listing issue

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact