Skip main navigation
Sold for $2,380,000
  • $2,380,000

    1018 Terrell Woods Ln, Chapel Hill, NC 27516

    3beds
    2,995sqft
    Farm, Residential
    Built in 2011
    30 Acres Lot
    $-- Zestimate®
    $795/sqft
    $3,677 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,677/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,677/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,677/mo

    Rent Zestimate®

    Refinance and save

    $14,149/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $14,149/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Interior fly spray systemLarge covered round penGas jenn air cooktopBosch dishwasherComfort stall flooringThree elegantly designed bathrooms
    Welcome to 1018 Terrell Woods "Horse Farm" property registered as "Agricultural Bona-Fide Tax Exempt Property" nestled in the serene landscape of Chapel Hill, just 7 miles to University of North Carolina at Chapel Hill. This residence offers seamless blend of modern luxury and natural beauty, further enhanced by the exceptional Dreamfield Equestrian Farms This modern masterpiece was engineered and created with the horses in mind. Set on an expansive 30 ACRES of Agricultural land , this property offers endless opportunities. for outdoor enjoyment and personal creativity. The unique 1.3 mile trail designed specifically for the horses borders the property, winding gracefully and providing a scenic route for riding and exploration A defining feature of this estate is the acclaimed Dreamfield Equestrian Farms, a state of the art equestrian facility spanning 30 meticulous acres This premier facility includes one barn with 6 stalls each 14 ft x 14 ft with 28 ft paddock extensions, Comfort Stall Flooring, interior fly spray system, automatic waterers with a generator back up in case of a power outage, rubber pavers in the aiseway, an easy drive through access for loading/unloading horses, underground waterers for each pasture along with a LARGE covered round pen and an outdoor arena 85x200 all providing an exceptional environment for equestrian activities. The pastures are carefully tended , with regular fertilization, soil sampling, and overseeding to ensure optimal grazing conditions. The facility is equipped with an Arena Rascal Pro for precise dressage drag, maintaining a PERFECT 2 1/2 inch surface for training. With a rotational pasture system , up to 6 horses can be comfortably accommodate on 3-4 acres each, ensuring their health and vitality. The 30 acres property is enclosed with V-Mesh fencing which keeps predators out and provides a safe close fence spacing for the horses. The electric gate in the front of the property provides added security with a code access Discover the harmonious blend of contemporary elegance and equestrian excellence at 1018 Terrell Woods Lane This property is more than just a home, it is an invitation to embrace a lifestyle of sophistication, tranquility, and unparalleled equestrian amenities . Agricultural Bona Fide Farm exemption has been filed with Orange County. Welcome to this Modernist ranch-style home which spans 3,000 square feet featuring 3 spacious bedrooms and three elegantly designed bathrooms. The open floor plan is crafted to maximize the flow of natural light, with large windows that allow an abundance of sunlight to filter throughout the space. This creates a warm and inviting ambience while looking outside every window is a close up view of the beautiful horses in their natural habitat of the pastures. The elegant craftsmanship and rich hardwood flooring along with exposed beams add a touch of rustic charm along with marble countertops add to the modern luxury aesthetic. The kitchen is a chef's dream, featuring a brand new, top-of-the-line appliances, including a gas Jenn Air cooktop and a built in oven/microwave wall unit and Bosch dishwasher Additionally the property offers the permitted potential of 10 acres subdivided and ready to go for another new" custom built" home along with 2 ADU's for guests or family members to stay or you could add another barn. The present home is equipped/permitted for 5 bedrooms so adding additional bedrooms is a breeze and potential for another home or barn is unlimited Primarily flat 30 acres secluded and partitioned off on the property line with hardwood trees and a 1.3 mile trail running the perimeter of the property. 10 acres are subdivided and ready for a new custom build whether another house or a barn the possibilities are endless. V-Mesh fencing surrounds the 30 acres helps to keep other animals/rodents out to protect the horses . Gate electric access with a code . Agricultural certified land Tax Exempt & PUV giving you tax savings and a building advantage without going through the timely permitting process Horse Facility Features-- 6 stalls, 14 x14, with 28 foot extensions , Comfort Stall Flooring , 6 horses on 3 to 4 acres pastures for 2 horses, automatic waterers, interior fly spray system Large covered pen & 85 x 200 Arena, V-mesh fencing all encompassing for the 30 acres

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynne Angela Fisher 919-218-7837,

    Berkshire Hathaway HomeService

    Bought with:

    Non Member

    Non Member Office

    Source: Doorify MLS,MLS#: 10175946MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric, Forced Air, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air, Gas
    Appliances
    • Included: Convection Oven, Cooktop, Dishwasher, Double Oven, Dryer, Electric Oven, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Microwave, Oven, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Washer/Dryer, Water Heater, Water Purifier Owned, Water Softener, Water Softener Owned, Wine Cooler
    • Laundry: In Kitchen, Inside, Laundry Room, Main Level
    Features
    • Beamed Ceilings, Bookcases, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Dressing Room, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Low Flow Plumbing Fixtures, Open Floorplan, Pantry, Master Downstairs, Recessed Lighting, Separate Shower, Soaking Tub, Solar Tube(s), Sound System, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wired for Sound
    • Flooring: Ceramic Tile, Hardwood, Stone, Tile, Wood
    • Windows: Blinds, Double Pane Windows, Insulated Windows, Skylight(s)
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas, Glass Doors, Heatilator
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,995
    • Total interior livable area: 2,995 sqft
    • Finished area above ground: 2,995
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Additional Parking, Attached, Driveway, Electric Gate, Garage, Garage Door Opener, Gated, Lighted
    • Attached garage spaces: 1
    • Uncovered spaces: 8
    Accessibility
    • Accessibility features: Accessible Washer/Dryer, Central Living Area, Level Flooring, Standby Generator
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Terrace
    • Exterior features: Balcony, Private Entrance, Rain Gutters
    • Fencing: Fenced, Full, Split Rail
    • Has view: Yes
    • View description: Panoramic, Trees/Woods
    Lot
    • Size: 30 Acres
    • Features: Agricultural, Back Yard, Cleared, Farm, Hardwood Trees, Landscaped, Level, Many Trees, Open Lot, Partially Cleared, Pasture, Private, Secluded, Subdivided, Views, Wooded
    Details
    • Additional structures: Arena, Barn(s), Covered Arena, Garage(s), Grain Storage, Kennel/Dog Run, Residence, Second Garage, Stable(s), Storage
    • Parcel number: 9747556299 & 97475566299
    • Zoning: AR
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman, Modern, Ranch
    • Property subtype: Farm, Residential
    Materials
    • HardiPlank Type, Shingle Siding
    • Foundation: Block, Concrete Perimeter
    • Roof: Metal, Shake, Shingle
    Condition
    • New construction: No
    • Year built: 2011

    Utilities & green energy

    • Sewer: Septic Tank, Perc Test On File
    • Water: Private, Well
    • Utilities for property: Natural Gas Connected, Septic Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Terrell Woods
    HOA
    • Has HOA: No
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $795/sqft
    • Tax assessed value: $972,200
    • Annual tax amount: $7,566
    • Date on market: 6/24/2026
    • Road surface type: Chip And Seal, Gravel

    Price history

    DateEventPrice
    8/24/2026Sold$2,380,000$795/sqft
    Source: Doorify MLS #10175946 Report a problem
    6/27/2026Pending sale$2,380,000$795/sqft
    Source: Doorify MLS #10175946 Report a problem
    6/24/2026Listed for sale$2,380,000$795/sqft
    Source: Doorify MLS #10175946 Report a problem
    6/20/2026Listing removed$2,380,000$795/sqft
    Source: Doorify MLS #10166580 Report a problem
    5/15/2026Listed for sale$2,380,000-10.2%$795/sqft
    Source: Doorify MLS #10166580 Report a problem
    2/12/2026Listing removed$2,650,000$885/sqft
    Source: Doorify MLS #10076928 Report a problem
    8/19/2025Price change$2,650,000-7%$885/sqft
    Source: Doorify MLS #10076928 Report a problem
    4/16/2025Price change$2,850,000-10.9%$952/sqft
    Source: Doorify MLS #10076928 Report a problem
    2/17/2025Listed for sale$3,200,000+1584.2%$1,068/sqft
    Source: Doorify MLS #10076928 Report a problem
    10/5/2010Sold$190,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,705 +22.1%$972,200 +57.7%
    2024$6,310 +2.7%$616,400
    2023$6,144 +2%$616,400
    2022$6,026 +1.3%$616,400
    2021$5,949 -0.9%$616,400 +4.5%
    2020$6,000 $589,800
    2018$6,000 +2.6%$589,800
    2017$5,847 +11.3%$589,800 +14.8%
    2016$5,253 $513,800
    2015$5,253 $513,800
    Find assessor info on the county website

    Neighborhood: 27516

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orange - Grady Brown Elementary
    • Middle: Orange - A L Stanback Middle
    • High: Orange - Cedar Ridge High

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