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
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
4/28/2020 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
Utilities No Utilities, Other
Water Supply Other, PublicWater Nearby
Zoning R20/RR

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 55+
  • 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 $440K
$4.5M
Visits
AVG 124
1387

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