
401 Laurel Hill Road, Chapel Hill, NC 27514
Rocky Ridge · Orange County
Key Facts
Description
Prime Development Opportunity: 2.42 Acres in the Heart of Chapel Hill. Secure a once-in-a-generation canvas in one of Chapel Hill's most storied enclaves, Rocky Ridge Farm. Spanning 2.42 pristine acres, this expansive lot offers the rare scale and seclusion required for a landmark custom estate, all within walking distance of the UNC campus. *Unrivaled Acreage: Over 300 linear feet of frontage on Laurel Hill Road, characterized by a majestic canopy of stately oaks, hickories, and established evergreens creates a peaceful setting and habitat for deer, owls, foxes, hawks, and a variety of songbirds. .*A Natural Sanctuary: The property offers a level of privacy seldom found in the campus core, bordering the 67-acre UNC Outdoor Education Center with its extensive trail network of hiking and running trails, mountain bike paths, an 18 hole disc golf course, and tennis and volleyball courts. *University Atmosphere: It's an absolute delight to sit outside and listen to the quarter-hour chimes from the Bell Tower, the sounds of the Marching Tar Heels practicing and the eruption of sound from the football and baseball games. *Development Potential -Build-to-Suit Canvas: Whether you choose to renovate and add on to the historic 1939 Dr. Harold W. Brown house or redevelop the site entirely, the lot size easily accommodates a significant architectural expansion, a modern luxury estate, or a multi-structure compound. *Existing Infrastructure: The grounds currently feature a concrete pool and terraced gardens, providing a mature landscape foundation for new construction. *Historical Prestige: Located in Rocky Ridge Farm, one of the nation's first planned subdivisions designed by Dr. W.C. Coker, this is an opportunity to own a piece of North Carolina history while defining its future. Rarely does a contiguous 2.4-acre parcel become available in this location. Bring your architect and your vision to Chapel Hill's most significant residential opening. Whether you choose to restore the historic 1939 residence or start fresh with a modern architectural masterpiece, this is the ultimate canvas for a legacy home.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1939
Stories
2
Living Area
2,862 sq ft
Lot Size
2.42 acres
Lot Dimensions
300 x 237 x 259 x 187 x 472
Zoning
R-1
Days on Market
119
MLS® Listing#
10154602
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Pool
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Rooms
- 5.0 x 8.9Main
- 6.6 x 9.9Main
- 8.5 x 20.0Main
- Bathroom 2Upper
- Bedroom 214.0 x 15.6Upper
- Bedroom 313.0 x 16.0Upper
- Den13.5 x 18.6Main
- Dining Room14.2 x 15.6Main
- Kitchen11.6 x 15.3Main
- Living Room13.7 x 24.0Main
- Master BathroomUpper
- Master Bedroom13.0 x 15.6Upper
- Office8.0 x 12.7Main
- Office7.7 x 11.8Upper
Schools
- Elementary:
- Chapel Hill Carrboro - Glenwood Elementary School
- Middle:
- Chapel Hill Carrboro - Grey Culbreth Middle School
- High:
- Chapel Hill Carrboro - East Chapel Hill High Schoo
Financial Details
HOA
None
Annual Taxes
$20,213
Tax year 2025
Assessed Value
$1,571,500
Parcel Number
9788848122
Directions
From Raleigh Road turn on Country Club, right on Laurel Hill Road, House is on the left.
Affordability Calculator
$597,000
Estimated monthly payment
$15,887/mo
Principal $2,388,000 · Est. interest $3,331,472 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chapel Hill, NC
- $628,834
- Median Listing Price
- 66
- Median Days on Market
- 2,316
- Median Sq Ft
- $269
- Median Price / Sq Ft
- 771
- Active Listings
- This home’s price is 375% above the area median.
- Its price per sq ft is 288% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chapel Hill, NC.
Location
Points of Interest in Chapel Hill, NC
Showing the Chapel Hill area map.
Nearby Schools
St. Thomas More Catholic Church
School · 0.3 mi away
Chapel Hill-Carrboro City Schools
Elementary · 0.6 mi away
Montessori Academy of Chapel Hill
Elementary · 0.8 mi away
Preschool at the Chapel of the Cross
School · 1.0 mi away
North Carolina High School Athletic Association
Secondary · 1.0 mi away
UNC Visitors Center
School · 1.1 mi away
Spanish for Fun Academy
School · 1.2 mi away
Learning Expressions
School · 1.5 mi away
Public School Foundation
School · 1.7 mi away
Phoenix Academy High
School · 1.7 mi away
Chapel Hill-Carrboro City Schools
School · 1.7 mi away
Northside Elementary School
Elementary · 1.7 mi away
Rashkis Elementary School
Elementary · 1.8 mi away
Binkley Preschool
School · 1.8 mi away
Carrboro Early School
Elementary · 1.9 mi away
Chapel Hill-Carrboro City Schools
Secondary · 1.9 mi away
Chapel Hill-Carrboro City Schools
Elementary · 2.0 mi away
Estes Hills Elementary
Elementary · 2.2 mi away
Guy B Phillips Middle School
Secondary · 2.3 mi away
Montessori Day School
Elementary · 2.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 101 Quarry Place, Chapel Hill, NC | $2,150,000 | 7 | 6 | 8,817 |
| 5830 Long Stirrup Lane, Mint Hill, NC | $2,199,000 | 5 | 5 | 5,141 |
| 40002 Worth, Chapel Hill, NC | $2,249,000 | 6 | 7 | 10,393 |
| 820 Kenmore Road, Chapel Hill, NC | $2,250,000 | 4 | 4 | 5,428 |
| 4637 Array Drive, Chapel Hill, NC | $2,250,000 | 3 | 3 | 2,853 |
| 3423 New Hill Holleman Road Lot 2, New Hill, NC | $2,297,700 | 5 | 6 | 5,539 |
Moving Cost Estimate
EXIT Agents in Chapel Hill
Listing Courtesy: Local Market Realty, LLC - 9194428619
Last Updated: 2026-03-20

















