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. 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.
Highlights
Summary
- List Price: $89,900
- Annual Tax Amount: $449
- Tax Year: 2023
- Lot: Wooded
- Directions: West on 54 from Chapel Hill, turn left on to Southern Drive, lot is second on the right
- Lot Size: 0.46 Acres
- MLS Number: 10089003
- MLS Name: Doorify MLS
- Office Name: DEBTEAM
- Office Phone: (919) 349-0455
- Office Email: deb@debteam.com
- Listing Agent: Chimene Booty
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.
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Last updated on: 5/21/2025, 12:50:34 AM 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
| Date | Event | Price |
|---|---|---|
| Mar 05, 2024 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $76,835. Typical income of Chapel Hill, NC residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
NASCAR
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Dollar General
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
Frequently asked questions
About 803 Terrace View Dr
The listing price of 803 Terrace View Dr property is $89,900.
The property 803 Terrace View Dr is land located in Chapel Hill, North Carolina, 27516.
Active Listing: 803 Terrace View Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 803 Terrace View Dr are: McDougle Elementary School (GreatSchools Rating 4/10), Carrboro Elementary School (GreatSchools Rating 4/10), Seawell Elementary School (GreatSchools Rating 7/10), C&L McDougle Middle School (GreatSchools Rating 5/10), Smith Middle School (GreatSchools Rating 5/10), Culbreth Middle School (GreatSchools Rating 3/10), Chapel Hill High School (GreatSchools Rating 8/10), Carrboro High School (GreatSchools Rating 8/10), Phoenix Academy High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $449 (source: MLS/based on county public records data).
The last sale was on March 5, 2024 for $50,000 (source: MLS/tax record).
The property 803 Terrace View Dr is 0.46 acres.
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.
In April 2025 more than 45 listings in Chapel Hill, NC were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 46 were sold below. The inventory of homes for sale in Chapel Hill, NC between March and April 2025 increased by 10.6%. Listings spent 30 days on the market in April 2025, and had a median list price of $660,100 during the same period.