01 Collins Mountain RD, Chapel Hill, NC 27516
See all 24 photos
01 Collins Mountain RD, Chapel Hill, NC 27516
01 Collins Mountain RD, Chapel Hill, NC 27516
01 Collins Mountain RD, Chapel Hill, NC 27516
01 Collins Mountain RD, Chapel Hill, NC 27516
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,499,900
Est. payment /mo
Save
Active

01 Collins Mountain RD Chapel Hill, NC 27516

89.39 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4367257

Lot Size 89.390 Acres

Acres 89.39

Property Sub-Type Acreage

Property Description

Discover this rare investment opportunity: 89+/- acres perfectly positioned only 10 miles from downtown Chapel Hill. The front 33+/- acres features harvest-ready pines that have completed their second thinning, while the back 56+/- acres was clear-cut and replanted around 2017, setting the stage for future timber value. Whether you're seeking a solid timber investment tract or a large-lot residential development, this property delivers. Current Agriculture Residential zoning allows a minimum lot size of 40,000 sq ft. Well and Septic needed. The land is enrolled in the Present Use Value timber program, providing the benefit of deferred taxes; a status the future buyer may choose to maintain. Buyers opting out of re-enrollment should note responsibility for three years of rollback taxes, interest, and full property taxes going forward. Note the tax bill reflects the assessed value for being in the timber program. Don't miss this versatile acreage with built-in timber income and long-term development potential. It is recommended you download a land app on your mobile device prior to walking the property.

Location

State NC

County Orange

Zoning AR

Exterior

Street Surface Paved

Building

Lot Description Creek/Stream, Wooded

Sewer Septic Needed

Water Well Needed

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Restrictions Manufactured Home Allowed,Modular Allowed

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Listed by Bobby Spivey • National Land Realty Central NC MLS LLC • Bspivey@NationalLand.com

NEARBY SCHOOLS & PROPERTIES

Trish Luzzi

Trish Luzzi

Advisor | License ID: 308410

+1(828) 423-0248

GET MORE INFORMATION

Name
Phone*
Message
Go tour this home

01 Collins Mountain RD