$1,400,000
PENDING

0 Teer Rd Unit 10124109 Bingham, NC 27516

Estimated payment $7,279/month

Total Views 1,717
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
  • DelayedMarketingYN: No
  • 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

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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 List to Sale Price per Sq Ft
11/17/2025 11/17/25 Pending -- -- --
09/26/2025 09/26/25 For Sale $1,400,000 -- --
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10124109

Doorify MLS