803 Terrace View Dr Chapel Hill, NC 27516
Estimated payment $539/month
Total Views
1,853
0.46
Acre
$195,435
Price per Acre
20,038
Sq Ft Lot
Highlights
- Wooded Lot
- C and L Mcdougle Elementary School Rated A
- No HOA
About This Lot
This prime corner lot in Chapel Hill is now build-ready thanks to a town-approved variance allowing construction within 13 feet of an ephemeral stream buffer. Previously considered unbuildable due to setbacks, this lot now presents a rare opportunity to build a custom home in a fantastic location.
Bring your own builder or contact Hutton Building Company! A trusted local custom home builder, they are offering an approved home design specifically tailored to this lot. The design maximizes the buildable footprint, ensuring a beautiful, functional, and high-quality home that blends seamlessly with the natural surroundings.
Our proposed modern, energy-efficient home features:
- Open-concept living spaces designed for comfort and style
- Seamless indoor-outdoor integration to complement the natural beauty of the lot
- Energy-efficient features for long-term savings and sustainability
- High-end finishes with customization options available
- As an incentive, we are willing to negotiate on the land price for buyers who choose Hutton Building Company as their builder.
Key Lot Features:
- Variance Approved - Permits a long, narrow home with a deck encroaching up to 17 feet into the 30-foot riparian buffer, maximizing buildable space.
- Corner Lot - Offers enhanced privacy and design flexibility with road frontage on two sides.
Utilities Available:
- Electricity readily accessible at the street
- Sewer access through OWASA on-site
- Municipal water available at the street
Zoning & Jurisdiction:
- Located within Orange County's RB zoning district
- Partially within Carrboro's Extra-Territorial Jurisdiction (ETJ) and WR Zoning District (per Carrboro GIS)
Great Location:
- UNC Chapel Hill: Approx 10-minute drive
- Downtown Carrboro: Approx 5-minute drive
- Close to Carrboro and Chapel Hill amenities, shopping, dining, and top-rated schools
Why Build with Hutton Building Company?
- Local, family-owned business with a reputation for quality craftsmanship and organized project management
- On-time and on-budget guarantees - no surprises, no delays
- In-house design services to ensure a seamless building experience
Eco-friendly, energy-efficient home options
Investment Potential:
- Approved variance and design, eliminating uncertainty and speeding up the building process
- Desirable location near UNC Chapel Hill and downtown Carrboro, making it attractive for homeowners and investors
- Essential utilities already available, reducing development costs
- Natural features, including an ephemeral stream and mature trees, providing a scenic and private setting
Do not miss out on this unique opportunity. Contact us today to learn more about the approved design and special pricing incentives for buyers who build with Hutton Building Company.
Property Details
Property Type
- Land
Est. Annual Taxes
- $461
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 134x150
- Wooded Lot
Schools
- Mcdougle Elementary And Middle School
- Chapel Hill High School
Community Details
- No Home Owners Association
- Rangewood Subdivision
Listing and Financial Details
- Assessor Parcel Number 9769210186
Map
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Home Values in the Area
Average Home Value in this Area
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 | $461 | $40,000 | $40,000 | $0 |
| 2023 | $450 | $40,000 | $40,000 | $0 |
| 2022 | $442 | $40,000 | $40,000 | $0 |
| 2021 | $437 | $40,000 | $40,000 | $0 |
| 2020 | $525 | $45,000 | $45,000 | $0 |
| 2018 | $517 | $45,000 | $45,000 | $0 |
| 2017 | $517 | $45,000 | $45,000 | $0 |
| 2016 | $517 | $43,546 | $43,546 | $0 |
| 2015 | $517 | $43,546 | $43,546 | $0 |
| 2014 | $517 | $43,546 | $43,546 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | For Sale | $89,900 | +79.8% | -- |
| 03/05/2024 03/05/24 | Sold | $50,000 | -26.5% | -- |
| 12/16/2023 12/16/23 | Off Market | $68,000 | -- | -- |
| 11/08/2023 11/08/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | For Sale | $68,000 | 0.0% | -- |
| 07/29/2023 07/29/23 | Pending | -- | -- | -- |
| 07/19/2023 07/19/23 | For Sale | $68,000 | -- | -- |
Source: Doorify MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | None Listed On Document | |
| Deed | $78,300 | -- |
Source: Public Records
Similar Property in Chapel Hill, NC
Source: Doorify MLS
MLS Number: 10089003
APN: 9769210186
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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