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Duplex Property with Pond and Barn
For Sale
$1,474,980
Pending

860 Farrington Point Road, Chapel Hill, NC 27517

DUPLEX - Other - Chapel Hill, NC

Property Size2,048 SF
Lot Size15.80 Acres
Days on Market1420

Property Features for 860 Farrington Point Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R1
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Family Room
Parking 10
Parking features Driveway, Paved or Surfaced, Garage
Patio and Porch features Porch
Interior features Ceiling Fan(s), Double Vanity, Entrance Foyer, Walk-In Shower
Appliances Dryer, Electric Cooktop, Electric Water Heater, Refrigerator, Washer
Subdivision Not in a Subdivision
Lot features Open Lot
Elementary school Chatham - North Chatham Elementary
Middle school Chatham - Margaret B Pollard Middle School
High school Chatham - Seaforth High School
Standard status Pending
APN plat 2024 ppg306
Size 2,048 SF
Lot size 15.80 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description P3-3
Tax Annual Amount 5069
Legal Description P3-3

Utilities

Sewer type Septic Tank
Heating system Forced Air, Propane (Heating)
Cooling system Electric, Window Unit(s), Central Air
Water source Public, Well

Amenities

barn with horse stalls

Building Details

Year built 1850
Floors in Building 2
Flooring type Wood, Laminate
Building materials Wood Siding
Roof type Asbestos Shingle
Architectural style Other
Additional Structures Outbuilding
Listing Agency: NorthGroup Real Estate, Inc.
Listed By: Ron Giovanni
Added: Sep 26, 2022 Changed: Aug 4 Last Checked: Aug 15 at 7:06AM
MLS# 2476126

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.

Set on 15.8 acres under R1 zoning, this duplex property includes an 1850s farmhouse, a barn with horse stalls, and multiple outdoor areas arranged into 3 separate fields. The grounds include a 2.5-acre pond that is part of US Army Corps land on Jordan Lake, with the property surrounded on 3 sides by Army Corps land. Outdoor acreage includes 12 cleared acres and 3.86 wooded acres.

The farmhouse has wood siding, an asbestos shingle roof, and a mix of heating and cooling systems including propane forced air heat and window unit(s) plus electric and central air. Interior features include an entrance foyer, double vanity, and a walk-in shower, with rooms that include a family room and three bedrooms. Appliances include a refrigerator, electric cooktop, electric water heater, washer, and dryer.

County water and private septic service the property, with a shared well and additional room described for adding septic systems for multiple lots. The site offers 790' of road frontage and sits adjacent to NC Wildlife land, with soil reports and a survey available. It is about 2 minutes from Farrington Pt. Boat Ramp.

Key Highlights

  • 15.847 acres with 2.5‑acre pond part of US Army Corps land on Jordan Lake
  • Surrounded on 3 sides by US Army Corps land; 3 separate fields on site
  • 12 cleared acres plus 3.86 wooded acres

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Cafe & Coffee Shop Auto Repair Shop Law Firm Restaurant Storage Facility

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 27517, NC

28,837
Population
13,015
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
95%
High-School Grad
46.0 sq mi
ZIP Area
627
Density / Sq Mi
$124,821
Median Household Income
$60,005
Median Earnings
$1,518
Median Rent
$571,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R1 duplex on 15.8 acres with 2.5-acre pond, barn with horse stalls, and 790 feet of road frontage.
Where is this duplex located?
The property is located at 860 Farrington Point Road Chapel Hill, NC.
What is the asking price?
The asking price for this property is $1,474,980.
What are key features of this property?
This property features: 15.847 acres with 2.5‑acre pond part of US Army Corps land on Jordan Lake; Surrounded on 3 sides by US Army Corps land; 3 separate fields on site; 12 cleared acres plus 3.86 wooded acres
More about this property
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