$1,400,000

0 Teer Rd Unit 10124109 Bingham, NC 27516

Estimated payment $7,431/month

34.24 Acres
$40,888 Price per Acre
1,491,494 Sq Ft Lot

Highlights

  • Reservoir Front
  • 34.24 Acre Lot
  • No HOA
  • Cedar Ridge High Rated A-
  • Partially Wooded Lot

About This Lot

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.

Listing Agent

Jonathan York

York Realty License #285533 Listed on: 09/26/2025

Co-Listing Agent

Davis Holt

Compass -- Cary License #275522

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 34.24 Acre Lot
  • Reservoir Front
  • The property's road front is unimproved
  • Property fronts a private road
  • Property fronts an easement
  • Dirt Road
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AR

Schools

  • Grady Brown Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • Well Required

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9830643789

Property Details

Property Type

Land

Est. Annual Taxes

$104

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Reservoir
  • Road Frontage Type: Easement, Private Road, Unimproved
  • Road Surface Type: Dirt, Unimproved
  • Co List Office Phone: 919-769-1956
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: Irregular
  • General Property Information Senior Community YN: No
  • Utilities Electricity Available: Yes
  • Contract Information Lease Term: Short Term Lease
  • Vegetation Cleared2: Yes
  • Water Source Need Well: Yes
  • Vegetation Partially Wooded: Yes
  • Road Frontage Type Easement: Yes
  • Development Status Raw Land: Yes
  • General Property Information Lot Size Square Feet2: 1491494.4
  • Road Frontage Type Unimproved2: Yes
  • General Property Information Lot Size Acres: 34.24
  • Road Surface Type Dirt2: Yes
  • Frontage Type Reservoir: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Horses, Residential, Single Family, Timber

Exterior Features

  • Acres: 34.24

Utilities

  • Utilities: Electricity Available
  • Water Source: Need Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Zoning: AR
  • Current Use: Agricultural, Timber
  • Development Status: Raw Land
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 1491494.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 9830643789

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Annual Amount: 103.93
  • Tax Year: 2025

MLS Schools

  • Elementary School: Orange - Grady Brown

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2025 09/26/25 For Sale $1,400,000 -- --
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10124109

Doorify MLS
North Carolina Orange County Bingham 27516

0 Teer Rd Unit 10124109, Bingham, NC

This home is located at 0 Teer Rd Unit 10124109, Bingham, NC 27516 and is currently priced at $1,400,000. 0 Teer Rd Unit 10124109 is a home located in Orange County with nearby schools including Grady Brown Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes
Listing Agent
Jonathan York
Section Image
York Realty
(984) 689-1710