$89,900

803 Terrace View Dr Chapel Hill, NC 27516

0.5 acres
Land

Property details

About 803 Terrace View Dr

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. Turnkey Opportunity - Custom Home Design Available; Hutton Building Company, a trusted local custom home builder, is 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.

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.46 Acres
MLS #10089003

Summary

  • MLS Number: 10089003
  • MLS Name: Doorify MLS
  • Office Name: DEBTEAM
  • Office Phone: (919) 349-0455
  • Office Email: deb@debteam.com
  • Listing Agent: Chimene Booty

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$89,900

803 Terrace View Dr

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Price information

Property sales

DateEventPrice
Mar 05, 2024
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2023$40,000$449
2022$40,000$442
2021$40,000$437
2019$45,000$524
2018$45,000$517

History based on county public records data.

Nearby schools

4

McDougle Elementary School

Public District KG-5

1.7 mi

890 Old Fayetteville Rd

4

Carrboro Elementary School

Public District KG-5

2.8 mi

400 Shelton St

7

Seawell Elementary School

Public District KG-5

3.0 mi

9115 Seawell School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,835. Most Chapel Hill, NC residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

24%
<35k
39%
35k-100k
21%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
11%
Single, with Kids
34%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
11%
12-17 yrs old
12%
18-34 yrs old
51%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 803 Terrace View Dr

This home is located at 803 Terrace View Dr in Chapel Hill, NC and zip code 27516 in the Rangewood neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $89,900.

While more than 33 listings in Chapel Hill, NC in March 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 63 were sold below. Between February and March 2025, Chapel Hill, NC real estate market has seen increase in the number of listings by 37.3%. In March 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $656,708.

From Rocket Homes Real Estate and based on county public records data.

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