Residential Land for Sale in Chapel Hill, North Carolina

Cottonwood Ct Chapel Hill, NC 27514

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$245,000
0.76 acres
pending
Under contract

Rare opportunity to purchase an infill lot in an established Chapel Hill neighborhood. This large .75 acre lot is the last undeveloped parcel in the popular Timberlyne Subdivision. Located at the end of a quiet cul de sac, the property is walking distance to the Timberlyne Shopping Center (Joe Van Gogh Coffee, The Chelsea Theatre, Food Lion, etc.), is an easy commute to UNC and downtown Chapel Hill, has quick access to I-40, and is in the highly-rated Chapel Hill Carrboro School District. Relatively flat lot (see OC GIS contour map). Timberlyne has a voluntary neighborhood association ($40/year contribution), but no formal HOA, and there is no architectural review board or subdivison approvals required for building, nor is there a required time frame for construction. Subdivision covenants allow for the construction of a single family residence of up to 4,250 sq. ft. (including an ADU) with a 2-car garage. Utilities, including Google fiber, are available in the street or the right of way at rear of property (seller doesn't believe that any utility stubouts or connections are present on the property itself). Here's your chance to design and build your dream home in a great community -- this opportunity doesn't come around every day!

Location

Street Address
Cottonwood Ct
Community
Timberlyne
Elevation
545 feet
Coordinates
35.9596, -79.0502

Property details

MLS #
DMLS 10077309
Posted

Property taxes

2024
$2,645

Expenses

Home Owner Assessments Fee
$40 annually

Legal description

This 0.76-acre property is located at Cottonwood Ct in Chapel Hill, NC 27514. The property is currently pending sale for $245,000 with a price per acre of $322,368. Listing data is sourced from Doorify MLS # 10077309.

Verify sale details at the property source or contact Fathom Realty NC at (888) 455-6040.

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Checked 6 mins ago. Updated . Parcel data by Regrid.

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