$2,850,000
$350K PRICE DROP

Estimated payment $16,638/month

Total Views 4,982
30 Acres
$95,000 Price per Acre
1,306,800 Sq Ft Lot

Highlights

  • Barn
  • Stables
  • Electric Gate
  • Cedar Ridge High Rated A-
  • Boarding Facilities
  • Panoramic View

About This Lot

Horse Farm extraordinaire!! WELCOME to this meticulously maintained 30 Acres property located at 1018 Terrell Woods Lane. This picturesque horse farm is nestled in the serene landscape of Chapel Hill, NC. where vast green pastures meet up to the beautiful hardwood trees that border the property. This residence offers a seamless blend of modern luxury and natural beauty, further enhanced by the exceptional Dreamfield Equestrian Farm featuring all inclusive amenities making this property flow seamlessly for a move-in ready experience.

Adjacent to the barn and steps away from the pastures is a modern ranch-style home which spans 2,640 square feet open floor plan featuring three spacious bedrooms and three elegantly designed bathrooms. The open floor plan is crafted to maximize the flow of natural light in while providing exceptional views further enhanced by large windows that allow an abundance of sunlight to filter throughout the space. This creates a warm and inviting
ambiance, further enriched by the rich hardwood flooring that adds a touch of rustic charm to the modern aesthetic. The kitchen is a chef's dream, featuring brand new, top-of-the-line appliances, including a gas Jenn Air cooktop, a built-in oven/microwave wall unit, and a Bosch dishwasher.

Set on an expansive 1,306,800 square feet of land, this property offers endless opportunities for equestrian outdoor enjoyment and personal creativity. A unique highlight is the 2-mile trail designed specifically for horses, winding gracefully around the property and providing a scenic route for riding and exploration.

Additionally, the property offers the permitted potential for another new build whether expanding the number of stalls or a new custom home, allowing the new owner to expand or create a custom living space to build their own dream and aspirations while ensuring the integrity and unity of this magnificent estate.

A defining feature of this estate is the acclaimed Dreamfield Equestrian Farms, a state-of-the-art equestrian facility spanning 30 meticulously maintained acres. This premier facility includes One barn 6 stalls each with 28 foot paddock extensions, 14ft x 14ft stalls, Comfort Stall flooring, interior fly spray system, automatic waterers with a generator back up in case of power outage, rubber pavers in the aisleway, an easy drive through access for loading/unloading horses, underground waterers for each pasture along with a covered round pen and an outdoor arena all providing an exceptional environment for equestrian activities. The pastures are carefully tended, with regular fertilization, soil sampling, and overseeding to ensure optimal grazing conditions. The facility is equipped with an Arena Rascal Pro for precise dressage drag, maintaining a perfect 2 1/2 inch surface for training. With a rotational pasture system, up to six horses can be comfortably accommodated on 3-4 acres each, ensuring their health and vitality. The 30 acres property is enclosed with V-Mesh fencing which keeps predators out and provides a safe close fence spacing for the horses. The electric gate in the front of the property provides added security with a code access.

Discover the harmonious blend of contemporary elegance and equestrian excellence at 1018 Terrell Woods Lane. This property is more than a home; it is an invitation to embrace a lifestyle of sophistication, tranquility, and unparalleled equestrian amenities.

Listing Agent

Lynne Fisher

Compass -- Chapel Hill - Durham License #343691

Compass -- Chapel Hill - Durham

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,767

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • 30 Acre Lot
  • Property fronts a private road
  • Property fronts a state road
  • Private Entrance
  • Fenced Yard
  • Property is Fully Fenced
  • Electric Fence
  • Perimeter Fence
  • Permeable Paving
  • Meadow
  • Cleared Lot
  • Partially Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Deck
  • Garage Door Opener
  • Gravel Driveway
  • Electric Gate
  • Secured Garage or Parking
  • 6 Open Parking Spaces

Property Views

  • Panoramic
  • Pasture

Home Design

  • Transitional Architecture
  • Modernist Architecture
  • Brick Foundation
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sound System
  • Bookcases
  • Woodwork
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Storage
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Electric Oven
  • Built-In Gas Range
  • Down Draft Cooktop
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Attic

  • Attic Floors
  • Unfinished Attic
  • Attic or Crawl Hatchway Insulated

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Watersense Fixture

Schools

  • Grady Brown Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Farming

  • Barn
  • Farm
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Farm Equipment
  • Palpation Chute
  • Wash Rack
  • Horses Allowed On Property
  • Grass Field
  • Corral
  • Tack Room
  • Trailer Storage
  • Hay Storage
  • Shaving Bin
  • Round Pen
  • Stables
  • Arena
  • Riding Trail

Utilities

  • Forced Air Heating and Cooling System
  • Power Generator
  • Well
  • Well Pump
  • Tankless Water Heater
  • Engineered Septic
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9747547774, 9747556299

Community Details

Overview

  • No Home Owners Association
  • Terrell Woods Subdivision

Recreation

  • Boarding Facilities
  • Deck
  • Patio
  • Covered Courtyard

Property Details

Property Type

Land

Est. Annual Taxes

$8,767

Year Built

Built in 2012 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: County Road, Private Road, State Road
  • Road Surface Type: Gravel
  • Subdivision Name: Terrell Woods
  • Above Grade Finished Sq Ft: 2640.0
  • Architectural Style: Modern, Ranch, Transitional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 841.0
  • General Property Information Total Unfinished Area2: 841.0
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Great Room2: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • General Property Information Senior Community YN: No
  • Architectural Style Modernist: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2640.0
  • Fencing Fenced: Yes
  • Security Features Fire Alarm: Yes
  • Vegetation Cleared2: Yes
  • Other Equipment Generator: Yes
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • Roof Architectural Shingle: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Vegetation Grassed: Yes
  • Road Surface Type Gravel2: Yes
  • Vegetation Partially Wooded: Yes
  • Road Frontage Type State Road: Yes
  • Fencing Full2: Yes
  • Road Frontage Type County Road: Yes
  • Appliances Cooktop - Down: Yes
  • Foundation Details PillarPostPier: Yes
  • Sewer Engineered Septic: Yes
  • General Property Information Lot Size Square Feet2: 1306800.0
  • Other Equipment DC Well Pump: Yes
  • General Property Information Lot Size Acres: 30.0
  • Security Features Security Lights: Yes
  • Construction Materials AtticCrawl Hatchway(s) Insulated: Yes
  • Fencing Electric3: Yes
  • Horse Amenities Shaving Bin: Yes
  • View Pasture3: Yes
  • General Property Information Stories2: 1
  • Security Features Security Gate: Yes
  • Other Equipment Farm Equipment: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bookcases, Breakfast Bar, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Natural Woodwork, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Smart Camera(s)/Recording, Smooth Ceilings, Soaking Tub, Sound System, Storage, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, WaterSense Fixture(s)
  • Basement: Crawl Space
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Built-In Gas Range, Built-In Refrigerator, Cooktop - Down, Dishwasher, Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Main Level Bathrooms: 3
  • Total Bedrooms: 10
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Ice Maker: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Smart Camera(s)Recording2: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Natural Woodwork: Yes
  • Fencing Perimeter: Yes
  • Appliances:Built-In Gas Range: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Built-In Refrigerator: Yes
  • Interior Features:WaterSense Fixture(s): Yes
  • Interior Features:Sound System: Yes
  • Interior Features:Track Lighting: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Covered Courtyard, Fenced Yard, Permeable Paving, Private Entrance, Private Yard
  • Fencing: Electric, Fenced, Full, Perimeter, Split Rail
  • Acres: 30.0
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Block, Concrete, HardiPlank Type
  • Foundation Details: Concrete, Block, Brick/Mortar, Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Patio, Rear Porch, Screened
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Private Yard: Yes
  • Window Features:Screens: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Construction Materials:Block2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Concrete2: Yes
  • Lot Features:Farm: Yes
  • View:Panoramic: Yes
  • Exterior Features:Private Entrance: Yes
  • Window Features:Window Coverings: Yes
  • Exterior Features:Permeable Paving: Yes
  • Lot Features:Agricultural: Yes
  • Exterior Features:Covered Courtyard: Yes
  • Lot Features:Meadow: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Deck, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Gated, Gravel, Private, Secured, Storage
  • Total Parking Spaces: 8.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Private3: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Storage5: Yes
  • Parking Features:Deck: Yes
  • Parking Features:Gated3: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 8.0
  • Parking Features:Secured: Yes
  • Parking Features:Electric Gate: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Horse Amenities:Boarding Facilities: Yes
  • Horse Amenities:Riding Trail: Yes
  • Horse Amenities:Round Pen: Yes
  • General Property Information:Association YN: No
  • Horse Amenities:Barn: Yes
  • Horse Amenities:Hay Storage: Yes
  • Horse Amenities:Pasture: Yes
  • Horse Amenities:Stable(s)3: Yes
  • Horse Amenities:Tack Room: Yes
  • Horse Amenities:Wash Rack: Yes
  • Horse Amenities:Trailer Storage: Yes
  • Horse Amenities:Arena: Yes
  • Horse Amenities:Corral(s): Yes
  • Horse Amenities:Palpation Chute: Yes

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Horse Amenities: Arena, Barn, Boarding Facilities, Corral(s), Hay Storage, Palpation Chute, Pasture, Riding Trail, Round Pen, Shaving Bin, Stable(s), Tack Room, Trailer Storage, Wash Rack
  • Lot Size Sq Ft: 1306800.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9747547774, 9747556299
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8766.91
  • Tax Year: 2024

MLS Schools

  • Elementary School: Orange - Grady Brown

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $6,310 $616,400 $235,000 $381,400
2023 $6,144 $616,400 $235,000 $381,400
2022 $6,026 $616,400 $235,000 $381,400
2021 $5,949 $616,400 $235,000 $381,400
2020 $6,000 $589,800 $235,000 $354,800
2018 $5,847 $589,800 $235,000 $354,800
2017 $5,253 $589,800 $235,000 $354,800
2016 $5,253 $513,800 $200,100 $313,700
2015 $5,272 $513,800 $200,100 $313,700
2014 $5,272 $513,800 $200,100 $313,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Price Changed $2,850,000 -10.9% $1,080 / Sq Ft
02/17/2025 02/17/25 For Sale $3,200,000 -- $1,212 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $190,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 Purchase Money Mortgage
Source: Public Records

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    Section Image

Source: Doorify MLS

MLS Number: 10076928

Doorify MLS

APN: 9747556299