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    115 N Estes Dr Chapel Hill, NC 27514

    For Sale
    $412,000

    LAND - Chapel Hill, NC

    Lot size:
    0.41 Acres
    Days on Market:
    138
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 115 N Estes Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Cleared, Partially Wooded
    Zoning
    R1
    APN
    9789839303
    Lot size
    0.41 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Trelora Realty (303) 886-3000 [email protected]

    Listing agent Scott Baker (984) 209-0542

    Listing date Jul 31, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chapel Hill Wooded Lot

    Located in Chapel Hill, this wooded lot at 115 N Estes Drive offers an opportunity for building a custom home. The 0.41-acre property features mature trees and a partially cleared area. A paved access point and nearby utility connections are present. The parcel allows for custom construction in an established community, with access to shopping, schools, and major routes. The property is zoned R1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.037203
    Latitude
    35.929967

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    FAQs

    What type of property is this?
    Land - Wooded lot in Chapel Hill, ready for custom construction.
    Where is this land located?
    The property is located at 115 N Estes Dr Chapel Hill, NC.
    What is the asking price?
    The asking price for this property is $412,000.
    What are key features of this property?
    This property features: - Highly desirable Chapel Hill location; - Wooded lot offering privacy and natural beauty; - Opportunity to build a custom dream home
    (984) 209-0542
    Request Owner's contact information
    115 N Estes Dr Chapel Hill, NC 27514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 N Estes Dr Chapel Hill, NC 27514
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