Price Reduction
Address
8520 Old NC 86 Highway Chapel Hill, NC
Price
$ 4,500,000
Property Attributes
  • MLS#2315803
  • TypeLand
  • CountyORANGE
  • CityChapel Hill
  • Area207 - Chapel Hill
  • NeighborhoodColonial Hills
  • Zip27516
  • StyleVacant
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size35.92 Acres
Listing Provided Courtesy Of:
eXp Realty LLC
Property Description

Great Chapel Hill opportunity;just under 36 acres in CH-Carrboro school district;adjacent to Lake Hogan Farms. Road frontage on old Hwy 86. Existing road stub- Blocker Road- in Lake Hogan Farms. Located in Carrboro's Planning district/Northern Study area (there had been discussion for mix use development for this area) however, a new plan is being developed. Currently zoned R20. There is a natural stream buffer along Bolin Creek at Southern end of property. Survey and addtl info available upon request.

Elementary School Middle School High School
CH/Carrboro - Morris Grove Elementary School CH/Carrboro - McDougle Middle School CH/Carrboro - Chapel Hill High School
Price History
4/27/2020 Listed $5,000,000
9/3/2020 10% - $4,500,000

General Features

AVM No
Easements Drainage, Utility
Elementary School CH/Carrboro - Morris Grove
High School CH/Carrboro - Chapel Hill
Listing Area Orange
Lot Number o
Middle School CH/Carrboro - McDougle
Perk Test No
Special Conditions No Special Conditions
Status Active
Subdivision Colonial Hills
Topography Level, Undeveloped Area
Type Vacant
Water Supply Other, PublicWater Nearby
Zoning R20/RR

Interior Features

Utilities No Utilities, Other

Exterior Features

Latitude 35.950812
Longitude -79.108525
Buildings No Buildings
Improvements No Improvements
Lot Description Wooded Lot
Lot Size Area 35.917
Road Description Street Paved
Road Frontage Description Has Frontage
Vegetation Hardwoods, Heavy Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 27516

Price
AVG $430K
$4.5M
Visits
AVG 76
911

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