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Acreage Duplex with Barn
For Sale
$1,474,980
Pending

860 Farrington Point Road, Chapel Hill, NC 27517

Residential, Chapel Hill, NC

Property Size2,048 SF
Lot Size15.80 Acres
Days on Market1426

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 1, Bathroom 1, Family Room, Bedroom 3, Bedroom 2
Parking 10
Parking features Paved or Surfaced, Driveway, 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 Central Air, Electric, Window Unit(s)
Water source Well, Public

Building Details

Year built 1850
Floors in Building 2
Flooring type Laminate, Wood
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 19 Last Checked: Aug 21 at 5:06AM
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.

This duplex property includes a 2,048-square-foot farmhouse dating to 1850, with wood siding, wood and laminate flooring, central air, forced-air heating, a porch, and a garage. The residence is equipped with an electric cooktop, refrigerator, washer, dryer, and electric water heater. A barn with horse stalls and three separate fields are also part of the property. The farmhouse has been identified for possible Airbnb use.

The property has 790 feet of road frontage and includes 12 cleared acres alongside 3.86 wooded acres. A 2.5-acre pond is part of the adjoining U.S. Army Corps land, which surrounds the property on three sides. The site is adjacent to NC Wildlife land and is approximately two minutes from Farrington Point Boat Ramp. County water, a shared well, and private septic service are present, with additional septic capacity noted for potential multiple lots. The property carries R1 zoning and a Chapel Hill address in Chatham County.

Key Highlights

  • 15.847 acres of property with 12 cleared acres and 3.86 wooded acres
  • 2,048‑square‑foot farmhouse built in 1850
  • Barn with horse stalls and three separate fields

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

1
Residential units
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-zoned property includes a farmhouse, horse-stall barn, fields, pond, well water, and septic service.
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 of property with 12 cleared acres and 3.86 wooded acres; 2,048‑square‑foot farmhouse built in 1850; Barn with horse stalls and three separate fields
More about this property
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