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Sold for $2,500,000
  • $2,500,000

    121 N Elliott Rd, Chapel Hill, NC 27514

    --beds
    --baths
    3.1Acres
    Unimproved Land, Land
    Built in ----
    3.1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,836 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,836/mo

    Zestimate® history
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    What's special

    ±3.1-acre vacant infill site in Chapel Hill along the East Franklin/Elliott Rd corridor, identified in the Town's Comprehensive Plan as a focus area for higher-density residential or mixed-use (rezoning required). Fully assembled and surveyed with frontage on Velma & N. Elliott. Concept plan (see documents) demonstrates a feasible residential layout addressing the RCD stream buffer with integrated open space and stormwater. Water/sewer available along both frontages; OWASA flow modeling required. Strong infill opportunity near retail, transit, and established neighborhoods. Buyer to verify zoning/approvals.

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2026 at 10:14am

    Listed by:

    Joan Mueller 973-865-1826,

    Nest Realty of the Triangle

    Bought with:

    Joan Mueller, 289694

    Nest Realty of the Triangle

    Source: Doorify MLS,MLS#: 10148826MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Downtown, Neighborhood
    Lot
    • Size: 3.10 Acres
    • Features: Corner Lot, Corners Marked
    Details
    • Additional structures: None
    • Parcel number: 9799057277
    • Zoning: R-1
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Location
    • Region: Chapel Hill
    • Subdivision: Coker Hills

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/7/2026Sold$2,500,000
    Source: Doorify MLS #10148826 Report a problem
    3/7/2026Pending sale$2,500,000
    Source: Doorify MLS #10148826 Report a problem
    2/26/2026Listed for sale$2,500,000
    Source: Doorify MLS #10148826 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,576 +75.1%$900,000 +125%
    2024$6,612 +3%$400,000
    2023$6,421 +4.5%$400,000

    Find assessor info on the county website

    Neighborhood: 27514

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CH/Carrboro - Estes Hills
    • Middle: CH/Carrboro - Guy Phillips
    • High: CH/Carrboro - East Chapel Hill

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.