Teer Road

Off Market

Teer Road

Chapel Hill NC 27516

1491494 sq. ft.

Land

Last sold for $1,400,000

Jonathan York, last sold this property on 06 March 2026 after 161 days on market.

Overview

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.

Features

1491494 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 Teer Road is $310k.

Median value

$310k

Estimated value range

$15k - $1.4m

Median days on market

Estimated value trend

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 Teer Road

2026

Sold

$1,400,000

06 Mar 2026 by Jonathan York, of York Realty

2008

Sold

$100,000

18 Jun 2008 by Bill Mullen, of Boro Realty

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, 26 land plots similar to Teer Road, have been sold.

This represents a 38% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Chapel Hill for a market analysis.

Jodi Bakst

at Real Estate Experts

(130 reviews)

Get a market analysis

Kathy Shaw

at Keller Williams Elite Realty

(25 reviews)

Get a market analysis

Linda Trevor

at Compass -- Cary

(188 reviews)

Get a market analysis

Matthew "Mouse" Mock

at Coldwell Banker Advantage

(13 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Chapel Hill

Jodi Bakst

Sellers who recommend Jodi Bakst have praised them for being local expert, clear communication, responsive, great negotiation, supportive, reliable, and honest