Land for Sale in Chapel Hill, North Carolina
Teer Rd, Chapel Hill, NC 27516
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
- County
- Orange County
- Elevation
- 532 feet
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
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Grady A. Brown Elementary School | Elementary | — | — |
| AL Stanback | Middle | — | — |
| Cedar Ridge | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 18, 2025 | Under contract | $1,400,000 | — | HMLS |
| Nov 11, 2025 | New listing | $1,400,000 | — | HMLS |