1021 Parchemin Trail Chapel Hill, NC 27516
Estimated payment $15,443/month
Highlights
- Additional Residence on Property
- Barn
- Boarding Facilities
- McDougle Middle School Rated A
- Stables
- Basketball Court
About This Home
Just 10 minutes from the heart of Chapel Hill lies a place where life slows down - and begins again. Welcome to 1021 Parchemin Trail - a custom estate designed by renowned architect Stephen Clipp, perfectly blending timeless elegance with modern function. Here your days can start with sunlight spilling across the pastures and the quiet rhythm of hooves cantering over the hill. Your morning routine? Coffee in hand, watching your horses graze just outside your window. The main residence evokes the timeless charm of an English Manor, with Virginia Creeper climbing the exterior, stone details, and beautifully landscaped grounds. Thoughtful design touches and natural light are abundant within the home. Soaring 12' ceilings, solid wood doors, wide-plank pine flooring create a warm, inviting atmosphere. The chef's kitchen boasts custom cherry cabinetry, granite counters, stainless steel appliances, a four-burner gas stove, and double ovens. Multiple fireplaces with stacked stone surrounds add rustic sophistication, while large windows frame sweeping views of the farm and landscaped grounds. The primary suite features a spa-inspired bath with polished wood counters, a soaking tub, and antique mantlepiece from a pre-Civil War home.
The five-stall barn is a dream for equestrian enthusiasts. Designed by Linda Dreher (built 2000) is constructed of concrete-filled cinderblock with a stucco finish, it offers oversized 12x12 custom stalls, wash stall with hot/cold water and heat lamps, fans in every stall, and direct pasture access. The 120 x 220 foot riding ring is perfect for dressage or jumping. The spacious apartment above the barn is a perfect in-law residence. Nestled on 10 acres (approximately 8 acres of rolling fenced pasture and 2 acres of hardwoods) with a private pond in the coveted Chapel Hill/Carrboro school district, this home is a masterclass in equestrian living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,908
Year Built
- Built in 1997
Lot Details
- 10.01 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- Kennel or Dog Run
- Poultry Coop
- Private Entrance
- Wood Fence
- Gentle Sloping Lot
- Cleared Lot
- Partially Wooded Lot
- Landscaped with Trees
- Garden
- Back Yard Fenced and Front Yard
HOA Fees
Parking
- 3 Car Detached Garage
- Workshop in Garage
- Side Facing Garage
- Garage Door Opener
- Gravel Driveway
- 4 Open Parking Spaces
Property Views
- Woods
- Pasture
Home Design
- French Provincial Architecture
- Brick Veneer
- Combination Foundation
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- Open Floorplan
- Sound System
- Bookcases
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Raised Hearth
- Gas Log Fireplace
- Stone Fireplace
- Blinds
- Mud Room
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
- Home Office
- Storage
- Pull Down Stairs to Attic
Kitchen
- Built-In Double Oven
- Built-In Electric Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Concrete
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Double Vanity
- Separate Shower in Primary Bathroom
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Basement Storage
Home Security
- Security System Owned
- Smart Thermostat
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Spa
- Pond
- Basketball Court
- Boarding Facilities
- Balcony
- Covered Patio or Porch
- Exterior Lighting
- Separate Outdoor Workshop
- Rain Gutters
Additional Homes
- Additional Residence on Property
Schools
- Northside Elementary School
- Mcdougle Middle School
- Chapel Hill High School
Farming
- Barn
- Farm
- Pasture
Horse Facilities and Amenities
- Farm Equipment
- Wash Rack
- Horses Allowed On Property
- Grass Field
- Tack Room
- Trailer Storage
- Hay Storage
- Shaving Bin
- Stables
- Arena
- Riding Trail
Utilities
- Cooling System Powered By Gas
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Heat Pump System
- Underground Utilities
- Power Generator
- Propane
- Well
- Electric Water Heater
- Water Softener is Owned
- Fuel Tank
- Septic Tank
- Septic System
- High Speed Internet
Community Details
- Association fees include road maintenance
- Mv/Mf Jrma Association
- Leisa Dennehy Association
- Built by Designed By Stephen Clipp
- Mcalister Field Subdivision
- Maintained Community
Listing and Financial Details
- Assessor Parcel Number 9767630516
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,828 | $1,085,700 | $353,100 | $732,600 |
| 2023 | $7,650 | $1,085,700 | $353,100 | $732,600 |
| 2022 | $7,461 | $1,085,700 | $353,100 | $732,600 |
| 2021 | $12,190 | $1,085,700 | $353,100 | $732,600 |
| 2020 | $11,946 | $1,002,300 | $329,100 | $673,200 |
| 2018 | $7,026 | $1,002,300 | $329,100 | $673,200 |
| 2017 | $12,061 | $1,002,300 | $329,100 | $673,200 |
| 2016 | $12,061 | $1,004,524 | $292,076 | $712,448 |
| 2015 | $12,060 | $1,004,524 | $292,076 | $712,448 |
| 2014 | $4,756 | $1,004,524 | $292,076 | $712,448 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $2,700,000 | -- | $707 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $700,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $289,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $300,000 | Fannie Mae Freddie Mac |
Source: Doorify MLS
MLS Number: 10121524
APN: 9767630516
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