803 Terrace View Drive, Chapel Hill, NC 27516

$89,900

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… Read More 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. Read Less

Courtesy of DEBTEAM, Chimene Booty, 919-349-0455.

Listing Snapshot

Days Online

Last Updated

May 6, 2025

Property Type

Unimproved Land

Lot Size

0.46 Acres

MLS Number

10089003

30 Days Snapshot Of 27516

$533k

+15%

(avg) sold price

-50%

home sold

-40%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Frontage Type: "Public Road", Road Surface Type: "Paved"

Building

Building Area Units: Square Feet, Living Area Units: Square Feet

Lot

Lot Features: "Wooded", Lot Size Acres: 0.46, Lot Size Area: 20037.6, Lot Size Dimensions: 134 x 150, Lot Size Square Feet: 20037.6, Lot Size Units: Square Feet, Parcel Number: 9769210186

Property

Current Use: "Unimproved", Property Sub Type: Unimproved Land

Sewer

Sewer: "Public Sewer"

Taxes

Tax Annual Amount: 460.72

Utilities

Utilities: "Electricity Available", "Sewer Available", "Water Available", Water Source: "Public"

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

803 Terrace View Drive

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send