NOT LISTED FOR SALE

0 Teer Rd Unit 10124109 Bingham, NC 27516

34.24 Acres
-- Price per Acre
1,491,494 Sq Ft Lot

Sale Details

Date Sold: March 6, 2026

Last sale price $1,400,000

52 Days on Market

Highlights

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

About This Lot

As of March 2026

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.

Last Agent to Sell the Property

Jonathan York

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

Co-Listed By

Davis Holt

Compass -- Cary License #275522

Last Buyer's Agent

Non Member

Non Member Office

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

34.24 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 Sold $1,400,000 0.0% --
11/17/2025 11/17/25 Pending -- -- --
09/26/2025 09/26/25 For Sale $1,400,000 -- --
Source: Doorify MLS

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10124109

Doorify MLS
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