Search
Ready-to-Build Home Lot
For Sale
$200,000
Pending

1207 Watson Road, Chapel Hill, NC 27516

Two-acre lot with an established driveway, three-bedroom septic system, and private well for build-ready development.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market35

Property Features for 1207 Watson Road

General Information

Standard status Pending
Lot size 2.00 Acres
Property subtype Land / Unimproved Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,532

Amenities

Electricity Connected, Septic Connected, Water Connected
No
Listing Agency: Coldwell Banker HPW
Listed By: Danielle Nicole Born · License #334066
Source: Compass
Added: Jul 15 Changed: Aug 8 Last Checked: Jul 20 at 4:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker HPW

Investment Insights

Based on property information with market context.

This for-sale residential land parcel offers a ready-to-build foundation for a new homesite, with an established driveway and groundwork already completed. The property includes a three-bedroom septic system and a private well, along with electric service in place, supporting development planning from day one.

The lot is described as secluded with a mix of open, cleared space and mature wooded acreage. It is positioned within the Chapel Hill-Carrboro School District, with nearby access to downtown Chapel Hill, UNC, shopping, dining, parks, and major commuter routes.

Prospective buyers can develop now or hold for future use, with no HOA restrictions noted in the remarks. The combination of cleared area and wooded space provides room to shape a custom build footprint while maintaining a sense of privacy.

Key Highlights

  • 2‑acre lot with an established driveway for build‑ready development
  • Three‑bedroom septic system already installed
  • Private well and electric service already connected

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 27516, NC

45,841
Population
18,684
Households
2.5
Avg Household Size
35
Median Age
72%
College-Educated
96%
High-School Grad
93.5 sq mi
ZIP Area
490
Density / Sq Mi
$100,788
Median Household Income
$48,638
Median Earnings
$1,446
Median Rent
$508,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-acre lot with an established driveway, three-bedroom septic system, and private well for build-ready development.
Where is this residential land & home lot located?
The property is located at 1207 Watson Road Chapel Hill, NC.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2‑acre lot with an established driveway for build‑ready development; Three‑bedroom septic system already installed; Private well and electric service already connected
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message