Pending
4500 Us 64 W
Pittsboro NC, 27312
$4,856,125
$0.57 per sqft
Pending
194.25 Acres
Land
Listing courtesy of Carolina Forestry & Realty
194 acres located just west of the Highway 64 bypass on the edge of Pittsboro, NC in Chatham County. A contiguous 129 acres to the south is also available (see MLS# 10050633). The location of this property is ideal for a residential, single family subdivision (Zoning R-1), with the possibility of commercial uses as well. The property has frontage and excellent visibility along Highway 64 with easy access at the intersection of Highway 64 and Turn Key Way/Renaissance Drive. The property contains very favorable soils for private septic systems and could potentially support 1 house per acre (soils not evaluated). A county water line is about 2,500 feet from the property. There is also a forced sewer main along Highway 64, but it has limited access/capacity as of today. Contact Chatham County for more details and potential uses in the future. Chatham County is growing very rapidly and this property would be an excellent investment to hold or develop.
The current owner is managing the property for long term timber production and the land is currently enrolled in the Forestry Present Use Value program that reduces the yearly property taxes. This program can be continued with a new owner to allow continued tax savings. The timber includes 74 acres of 5 year old planted loblolly pines and 118 acres of mature, mixed hardwoods and pines.
10050632
MLSⓇ ID
September 4, 2024
Listed
November 22, 2024
Updated
Map
4500 Us 64 W
Pittsboro NC, 27312
Exterior/Building Features
Lot Size
194.25 Acres
Sewer
Septic Needed
School Information
High School
Chatham - Northwood
Elementary School
Chatham - Pittsboro
Other Property Details
Taxes
$430
Tax Frequency
Annually
Days on Market
56
Garage
No
View
Yes
County
Chatham
Water Source
See Remarks, Need Well
Pool
No
Zoning
R-1
Listing History
Date | Event | Price |
---|---|---|
10/30/2024 | Pending | — |
Listed by Keith Brouillard, , Carolina Forestry & Realty
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Data last updated 9:20 PM UTC, 11/22/2024