$2,500,000
SOLD SEP 26, 2025

175 Chappel Ln Alexis, NC 28006

180 Acres
$13,889 Price per Acre
7,840,800 Sq Ft Lot

Recently Sold

$1,523 Per Sq Ft

7% Below List Price

160 Days on Market

Highlights

  • Wooded Lot
  • Riding Trail
  • Access to stream, creek or river
  • Pasture
  • Shed

About This Lot

As of September 2025

Welcome to Chappell Farm, a stunning 180+/- acre property in Alexis, NC, just 23 miles from Uptown Charlotte and 20 miles from Charlotte-Douglas Int Airport. Featuring 23+ acres of open fields, wildlife food plots, and meticulously maintained trails, it’s a deer hunter’s paradise. The property includes a freestanding 4-car garage/workshop and a 1911 farmhouse conveying "as-is." Sewer is approximately 1.4 miles away which makes this a prime "buy and hold" investment. So many possibilities: equestrian or cattle farm, wedding venue, or private estate. Located 6 miles from Stanley, NC. The property is accessed by Chappell Ln, a 30' wide perpetual easement connecting to Alexis Lucia Rd. The land was timbered in 2016-2017 and is currently enrolled in the PUV timber program (deferred property taxes). Buyer has the option of continue with the property in PUV. Interesting fact: the family purchased the farm on Nov 22, 1963 (JFK). Chappell Farm offers a rare blend of seclusion, and opportunity!

Last Agent to Sell the Property

Bobby Spivey

National Land Realty Central NC MLS LLC Brokerage Email: Bspivey@NationalLand.com License #197369 Listed on: 02/12/2025

Last Buyer's Agent

Melanie Nichols

South Realty LLC License #268180

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a private road
  • Wooded Lot
  • Possible uses of the property include Agricultural, Cattle, Farm, Horses, Pasture/Grazing, Private Estate, Recreational, Residential, Subdevelopment, Timber
  • Property is zoned R1

Outdoor Features

  • Access to stream, creek or river
  • Shed

Additional Features

  • Pasture
  • Riding Trail
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 173091

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Farm
  • Habitable Residence Yn: Yes
  • Restrictions: Manufactured Home Not Allowed,No Representation
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Gravel
  • Geocode Confidence: High
  • Attribution Contact: Bspivey@NationalLand.com
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Cattle, Farm, Horses, Pasture/Grazing, Private Estate, Recreational, Residential, Subdevelopment, Timber

Exterior Features

  • Other Structures: Detached Garage, House-As Is, Shed(s)

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 173091
  • Zoning: R-1
  • Cleared Acres: 23.00
  • Horse Amenities: Horses Allowed, Pasture, Riding Trail
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Sep 26, 2025
Sold by
Chappell Gregory E and Chappell Dena
Bought by
Mountain High Escape Llc
Seller's Agent
Bobby Spivey
National Land Realty Central NC MLS LLC
Buyer's Agent
Melanie Nichols
South Realty LLC
List Price
$2,700,000
Sold Price
$2,500,000
Premium/Discount to List
-$200,000
-7.41%
Views
119
Current Estimated Value
$1,898,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$601,986
Avg. Annual Appreciation
-62.61%

Purchase Details

Closed on
Oct 18, 1991
Bought by
Foskey Deborah Chappell and Chappell Gregory E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,500,000 None Listed On Document
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Sold $2,500,000 -7.4% $1,523 / Sq Ft
02/12/2025 02/12/25 For Sale $2,700,000 -- $1,644 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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
2025 $2,596 $876,220 $747,200 $129,020
2024 $2,596 $876,220 $747,200 $129,020
2023 $2,526 $876,220 $747,200 $129,020
2022 $2,776 $674,760 $597,760 $77,000
2021 $2,803 $674,760 $597,760 $77,000
2019 $2,773 $674,760 $597,760 $77,000
2018 $2,219 $229,998 $173,279 $56,719
2017 $2,219 $229,998 $173,279 $56,719
2016 $2,208 $229,998 $0 $0
2014 $2,621 $274,423 $216,758 $57,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4222405

Canopy MLS (Canopy Realtor® Association)

APN: 173091