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For sale
  • $888,000

    1001 Reaves Dr, Chapel Hill, NC 27516

    3beds
    2,813sqft
    : 
    $5,319/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2012
    1.8 Acres Lot
    $866,400 Zestimate®
    $316/sqft
    $-- HOA

    What's special

    Some homes are built. Others are crafted. This one was designed to be treasured. Welcome to a truly one-of-a-kind luxury custom home where exceptional craftsmanship, thoughtful design, and nature come together. Built by the owner in 2012 and meticulously maintained, this 3-bedroom, 2.5-bath residence offers 2,676 square feet of quality living on a premium 1.8-acre cul-de-sac lot with no HOA and no city taxes. Unlike today's cookie-cutter floor plans, the kitchen, dining, and living areas flow naturally while maintaining their own distinct spaces. Walls of oversized windows fill the home with natural light while framing peaceful woodland views from nearly every room. Beyond the kitchen, a finished sunroom wrapped in windows creates a second favorite gathering place—perfect for morning coffee, reading, or conversations with friends while enjoying a different view of nature. The main-level primary suite offers the comfort and convenience of one-level living, while two private upstairs bedrooms are thoughtfully separated by a spacious loft—an ideal setting for a home office, reading lounge, creative studio, or homework area, making today's work-from-home lifestyle effortless. The finished walk-out basement adds another level of flexibility, perfect as a media room, recreation area, fitness studio, guest retreat, children's playroom, or a second home office. Even more impressive is the expansive unfinished basement space—a rare opportunity to customize the home to fit your lifestyle. Imagine creating a private home theater, luxury gym, wine cellar, golf simulator, hobby workshop, craft studio, or additional living space. The possibilities are limited only by your imagination. Whether you're looking for luxury living today or room to grow tomorrow, this home adapts beautifully to every stage of life. Designed for both everyday comfort and entertaining, the living room and rear deck feature built-in surround sound speakers, creating the perfect atmosphere for gatherings or relaxing evenings overlooking nature. Additional highlights include a tankless water heater, quality finishes throughout, generous storage, and an attached two-car garage. Step outside and discover what truly makes this home extraordinary. Beautiful established gardens surround the property, while the backyard opens directly to a tranquil creek and mature woods. This is far more than a beautiful view—you can walk, explore, and enjoy nature right in your own backyard, creating a lifestyle that few homes can offer. Located in the highly sought-after Chapel Hill-Carrboro School District and just minutes from Chapel Hill, Carrboro, UNC, shopping, and dining, this is a rare opportunity to own a home that simply cannot be replicated. Combining timeless craftsmanship, luxurious comfort, remarkable privacy, endless possibilities for future expansion, and an irreplaceable natural setting, this hidden gem is far more than a home—it's a lifestyle.
    38 days
    683
    38

    Zillow last checked:

    Listing updated:

    Listed by:

    Cathy Kimball 919-800-1836,

    HHome Realty LLC

    Source: Doorify MLS,MLS#: 10181382MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Central, Fireplace(s), Forced Air, Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Free-Standing Range, Microwave, Tankless Water Heater
      • Laundry: Electric Dryer Hookup, In Unit, Laundry Room, Main Level, Sink, Washer Hookup
      Features
      • Bookcases, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Radon Mitigation, Separate Shower, Sound System, Storage, Walk-In Closet(s), Walk-In Shower, Wired for Data, Wired for Sound
      • Flooring: Carpet, Hardwood, Tile
      • Windows: Screens
      • Basement: Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access, Workshop
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Propane
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,813
      • Total interior livable area: 2,813 sqft
      • Finished area above ground: 2,435
      • Finished area below ground: 378

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Garage
      • Attached garage spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: One and One Half, Tri-Level, Two
      • Stories: 1
      • Patio & porch: Covered, Deck, Enclosed, Front Porch, Patio
      • Exterior features: Garden, Private Yard, Rain Gutters
      • Fencing: None
      • Has view: Yes
      • View description: Forest, Trees/Woods
      Lot
      • Size: 1.8 Acres
      • Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Gentle Sloping, Landscaped, Many Trees, Private, Sloped
      Details
      • Parcel number: 9768173787
      • Zoning: RB
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence, Residential
      Materials
      • Fiber Cement, Stone, Stone Veneer
      • Foundation: Other
      • Roof: Asphalt, Shingle
      Condition
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Electricity Available, Electricity Connected, Septic Available, Septic Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Joseph Reaves Estates
      HOA
      • Has HOA: No
      Location
      • Region: Chapel Hill

      Financial & listing details

      • Price per square foot: $316/sqft
      • Tax assessed value: $615,400
      • Annual tax amount: $5,629
      • Date on market: 7/24/2026
      • Road surface type: Gravel

        Estimated market value

        $866,400

        $823,000 - $910,000

        $3,592/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$888,000+909.1%$316/sqft
        Source: Doorify MLS #10181382 Report a problem
        1/20/2012Sold$88,000+141.1%$31/sqft
        Source: Public Record Report a problem
        9/14/2009Sold$36,500+128.1%$13/sqft
        Source: Public Record Report a problem
        2/13/2007Sold$16,000$6/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,838 +10.8%$615,400 +43.8%
        2024$5,271 +2.2%$428,000
        2023$5,157 +2.9%$428,000
        2022$5,011 +1.1%$428,000
        2021$4,957 +5.2%$428,000 +11.7%
        2020$4,714 $383,100
        2018$4,714 +2.5%$383,100
        2017$4,599 +14.4%$383,100 +17.2%
        2016$4,019 $327,000
        2015$4,019 $327,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27516

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Chapel Hill Carrboro - Charles and Lucile McDougle Elementary School
        • Middle: Chapel Hill Carrboro - Charles and Lucile McDougle Middle School
        • High: Chapel Hill Carrboro - Chapel Hill High School

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

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