$617,500
 $3,315 est/mo Sourced by Back At You

896 Monterey Valley Drive,Chapel Hill, NC 27516

Chapel Hill, NC 27516

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Description

Build your dream home on this 10-acre lot, in a magical setting that feels like you are in the mountains, yet only 10 minutes to UNC, downtown Chapel Hill, and Carrboro. This private, peaceful location is at the end of the neighborhood, and it borders the UNC-owned, 626-acre University Lake property that has large, light-recreational lake and protected, wooded forests. This building site has hundreds of mature trees and native plants along with native rock outcroppings and gentle slopes. The neighborhood features a variety of custom-built homes on multi-acre lots and a private, paved road. The surrounding area features rolling countryside with farms and forests - a lovely drive to this special property.

Details

MLS #10151410
Listing TypeFor Sale
HOA Dues$250
Sub-TypeResale
StatusPending
Days On Site237
Listing Provided ByBerkshire Hathaway HomeService | Tony Hall

Features

ZoningRB
Acreage10.01

Utilities

UtilitiesCable Available, Electricity Available
SewerSeptic Needed

Taxes

Tax Assessed Value538600
Tax Legal Description7 REV Monterey Valley P56/125
Tax Year2025

Area Information

StateNC
CountyOrange
CityChapel Hill
Zip Code27516
AreaOrange
Community NameMonterey Valley
School DistrictCH/Carrboro - Carrboro
Elementary SchoolCH/Carrboro - Northside
High SchoolCH/Carrboro - Carrboro
Listing VS Median (in Monterey Valley)
Price:
$617,500
low | high
Med:
$0
On site:
237
low | high
Med:
Sourced by Back At You

Market Activity 27516

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Learn More About This Property

StateNC
CountyOrange
CityChapel Hill
Zip Code27516
AreaOrange
Community NameMonterey Valley
School DistrictCH/Carrboro - Carrboro
Elementary SchoolCH/Carrboro - Northside
High SchoolCH/Carrboro - Carrboro
Listing VS Median (in Monterey Valley)
Price:
$617,500
low | high
Med:
$0
On site:
237
low | high
Med:
Sourced by Back At You
Listing Updated: September 29, 2026 at 9:29:35 AM PDT