1487 Collins Mountain Rd, Chapel Hill, NC 27516

Property Description

Located in a tranquil setting, this 31.01 acre property offers a picturesque location for a luxurious estate, multi-lot subdivision, equestrian facility or agricultural endeavor. With approximately 22 mature wooded acres and 9 acres of fertile pasture land, it is perfect for those looking for peace and privacy, yet has approximately 500 feet of road frontage on Collins Mountain Road. Ready for one or more homesites, the Chatham County Environmental Health Department has issued three permits for 4 bedroom homes each (a total of 12 bedrooms). Permit details including the number of homes and home locations could be changed with the exception of septic area locations. Buyer would need to work with Chatham County for changes. Surrounded by natural beauty, Collins Creek and Persimmon Nursery Branch run along the south and west property lines respectively and offer tranquil water settings. The parcel is partially cleared yet has mature hardwoods remaining on most of the land making it perfect for hiking, hunting or enjoying the outdoors. The cleared area has previously been farmed, with fertile ground for agricultural opportunities. Sweeping views provide an ideal location for a your dream home, barn, pasture or farm. The property is 15 minutes from Carrboro, 20 minutes from Chapel Hill, 20 minutes from Pittsboro and 30 minutes from Moncure. It is currently under Present-Use Value (PUV) taxation with a forest management plan and low taxes. The property is a unique find with a nice balance of privacy, natural beauty and space whether it's for a luxurious estate, multi-lot subdivision, keeping livestock or an agricultural venture. This is a must see property.