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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1 01 Collins Mountain Rd , Chapel Hill, NC 27516
$2,499,900
Est. Payment: $12,805.71/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 100
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House 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.

Highlights

Listed by Bobby Spivey , 704-995-7192 National Land Realty Central NC MLS LLC , 855-384-5263. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
89.39

County

Orange

Neighborhood

Not in a Subdivision

Listing ID

10158215

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Need Well

Exterior Features

Lot Dimensions:irregular
Zoning:AR
Sewer:Septic Needed,Perc Test Required
Principal Interest
$12,806
Taxes
$15

Home Price

$2,499,900

Loan Details

30 yrs
6.625%

Down Payment

20%
$499,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,805.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,805.71 $15.36 $0.00 $12,821.07
Yearly $153,668.48 $184.36 $0.00 $153,852.84
Total $4,610,054.51 $5,530.80 $0.00 $4,615,585.31

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Chapel Hill, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T15:38:14.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina