Back 221 Gracehope Lane
Off Market

221 Gracehope Lane

Chapel Hill NC 27516

507038.4 sq. ft.
Land
Last sold for $575,000
Lewis HendricksLewis Hendricks, last sold this property on 24 March 2026 after 60 days on market.

Overview

Gracehope Reserve - Premier Homesite Opportunity 11.63 Acres - North Chatham County 221 Gracehope Lane, Chapel Hill, NC 27516 Discover a one-of-a-kind opportunity to build a custom home on an expansive 11.63-acre estate lot in Gracehope Reserve, one of North Chatham County's most serene and sought-after residential settings. Located just minutes from Chapel Hill, this property offers the ultimate combination of privacy, natural beauty, and convenience. A Spacious, Private Retreat: Set along a quiet, tree-lined lane, this homesite provides exceptional space and seclusion while still maintaining easy access to everyday amenities. Mature hardwoods, gently rolling terrain, and generous setbacks create a peaceful backdrop for your future home. Whether you envision a modern estate, a nature-inspired retreat, or a timeless luxury residence, the land provides the flexibility and scale to bring your vision to life. Custom Home by BOLD Construction: This property includes the opportunity to build with BOLD Construction, an award-winning custom builder known throughout the Triangle for quality craftsmanship, architectural innovation, and a seamless client experience. With decades of expertise in Chapel Hill and Chatham County, BOLD Construction will guide you through a collaborative and transparent design-build process—from initial concept to move-in day. Buyers will have the ability to personalize their home's layout, features, and finishes, ensuring a residence that reflects their lifestyle and takes full advantage of this stunning acreage. Ideal North Chatham Location: Gracehope Reserve offers the rare experience of rural tranquility just moments from modern convenience. • Minutes to Chapel Hill, UNC, Cary, and Chatham Park • Easy access to Jordan Lake recreation areas • Short commute to Research Triangle Park and RDU • Close to dining, shopping, and top-rated schools Feel worlds away while staying connected to everything the Triangle has to offer. Your Canvas Awaits: With nearly 13 acres of usable land, this premier homesite opens the door to endless possibilities: outdoor living areas, trails, gardens, accessory structures, and more. Gracehope Reserve represents a chance to craft an estate property that is both architecturally striking and deeply connected to nature.

Features

507038.4 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Chapel Hill over the last 12 months, the estimated median property value of 221 Gracehope Lane is $320k.

Median value
$320k
Estimated value range
$15k - $1.65m
Median days on market
59
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chapel Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 221 Gracehope Lane

2026
Sold
$575,000
24 Mar 2026 by Lewis Hendricks, of BOLD REAL ESTATE LLC

Happy sellers in Chapel Hill

92%
92% of sellers in Chapel Hill reported that their sale price either exceeded or met their price expectations.

Chapel Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Chapel Hill over the last 12 months.

Local market activity for land plots in Chapel Hill

In the last 12 months, 28 land plots similar to 221 Gracehope Lane, have been sold.

This represents a 41% increase in land plots sales when compared to the previous 12 months.

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