Property Details
01 Collins Mountain Road
Chapel Hill
$2,499,900
MLS Number: 4367257
Status: Active
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. It is recommended you download a land app on your mobile device prior to walking the property.
Location |
|
|---|---|
| Address | 01 Collins Mountain Road Chapel Hill |
| County | Orange |
Overview |
|
| Bedrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Lot Size | 89.39 acres |
| Year Built | 0 |
General |
|
| List Price | $2,499,900 |
| MLS Number | 4367257 |
| Status | Active |
| Office | National Land Realty Central NC MLS LLC |
Schools |
|
| Elementary | Unspecified |
| Middle | Unspecified |
| High | Unspecified |
Features |
|
| Type | Acreage |
| Water/Sewer | Well Needed |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 06/15/26 4:34 pm EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
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