Price Reduction
Address
8520 Old NC 86 Highway Chapel Hill, NC
Price
$ 3,500,000
Property Attributes
- MLS#2315803
- TypeLand
- CountyORANGE
- CityChapel Hill
- Area207 - Chapel Hill
- NeighborhoodColonial Hills
- Zip27516
- StyleVacant
- Price$ 3,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size35.92 Acres
Listing Provided Courtesy Of:
EXP Realty
Property Description
NEW PRICE!! Great Chapel Hill opportunity; just under 36 acres in CH-Carrboro schools; adjacent to Lake Hogan Farms. Road frontage on old Hwy 86. Existing road stub-Blocker Road-in Lake Hogan Farms. Located in Carrboro's Planning district/Northern Study area (there were discussions for mix use development for this area) however, a new plan is being developed. Currently zoned R20. There is a natural stream buffer along Bolin Creek at Southern end of property. Survey and addtl info available upon request.
| Elementary School | Middle School | High School |
|---|---|---|
| CH/Carrboro - Morris Grove Elementary School | CH/Carrboro - McDougle Middle School | CH/Carrboro - Chapel Hill High School |
| Price History | |
|---|---|
| 4/28/2020 | Listed $5,000,000 |
| 9/3/2020 | 10% - $4,500,000 |
| 1/8/2021 | 23% - $3,500,000 |
General Features
| AVM | No |
|---|---|
| Easements | Drainage, Utility |
| Elementary School | CH/Carrboro - Morris Grove |
| High School | CH/Carrboro - Chapel Hill |
| Listing Area | Orange |
| Lot Number | o |
| Middle School | CH/Carrboro - McDougle |
| Perk Test | No |
| Special Conditions | No Special Conditions |
| Status | Active |
| Subdivision | Colonial Hills |
| Topography | Level, Undeveloped Area |
| Type | Vacant |
| Utilities | No Utilities, Other |
| Water Supply | Other, PublicWater Nearby |
| Zoning | R20/RR |
Exterior Features
| Latitude | 35.950812 |
|---|---|
| Longitude | -79.108525 |
| Buildings | No Buildings |
| Improvements | No Improvements |
| Lot Description | Wooded Lot |
| Lot Size Area | 35.917 |
| Road Description | Street Paved |
| Road Frontage Description | Has Frontage |
| Vegetation | Hardwoods, Heavy Wood |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 27516
Price
Visits
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