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Forested Residential Lot with Stream
For Sale
$299,500

7023 Southern Trail, Chapel Hill, NC 27516

LAND - Chapel Hill, NC

Property SizeContact for details
Lot Size10.01 Acres
Days on Market61

Property Features for 7023 Southern Trail

General Information

Property type Land
Property subtype Other
Zoning AR
Vegetation Heavily Wooded, Wooded, Natural State
Subdivision Southwest Acres
Lot features Corners Marked, Many Trees, Sloped, Wooded
View Forest
Elementary school Orange - Grady Brown Elementary
Middle school Orange - A L Stanback Middle
High school Orange - Cedar Ridge High
Standard status Active
APN 9728539710
Lot size 10.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description #15 Southwest Acres P49/132
Tax Annual Amount 1160
HOA Fee $600 Annually
Legal Description #15 Southwest Acres P49/132

Utilities

Utilities Propane
Sewer type Septic Needed, Perc Test Required
Water source Well Needed
Listing Agency: Mint Realty LLC
Listed By: Bryan Kempter
Added: Jun 22 Changed: Aug 3 Last Checked: Aug 21 at 9:06PM
MLS# 10175961

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10.01-acre residential lot features a mix of pine and hardwood forest and includes an ephemeral stream. The property is accessed via a private gravel road and includes septic permits that were originally issued when the land was subdivided in 1988. Any future septic development will require the buyer to obtain new permitting through the Orange County Health Department.

The property is located in Chapel Hill, NC, in Orange County, and is zoned AR. Restrictive covenants prohibit subdivision of the lot into parcels smaller than 10 acres. Horses and chickens are permitted under the applicable restrictions.

The land is offered for sale as a single lot, with the existing natural setting and access provided by the private gravel road.

Key Highlights

  • Forested lot with pine and hardwood trees and an ephemeral stream
  • Private gravel road access
  • Horses and chickens permitted

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Carpet & Flooring Store Hair Salon

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
Paved road access

Location Intelligence

Trade Area within ½ mile

8
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 - 10-acre wooded lot with pine and hardwood forest, including an ephemeral stream and private gravel road.
Where is this residential land & home lot located?
The property is located at 7023 Southern Trail Chapel Hill, NC.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Forested lot with pine and hardwood trees and an ephemeral stream; Private gravel road access; Horses and chickens permitted
More about this property
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