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For sale
    • Price cut: $105K (7/12)
    $2,595,000

    1021 Parchemin Trl, Chapel Hill, NC 27516

    4beds
    3,820sqft
    : 
    $14,927/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1997
    10.01 Acres Lot
    $2,447,800 Zestimate®
    $679/sqft
    $46/mo HOA

    What's special

    Rolling fenced pasturesFive-stall barnWide-plank pine floorsFans in every stallTimeless european-inspired architectureGranite countertopsNew double ovens
    Welcome to 1021 Parchemin Trail -- Surrounded by rolling fenced pastures, hardwoods and a private pond, this private 10-acre luxury estate offers exceptional privacy while being conveniently located only 10 minutes from downtown Chapel Hill and UNC. Designed by renowned architect Stephen Clipp, this custom English Country Manor blends timeless European-inspired architecture with modern comfort in one of the Triangle's most coveted settings. Inside, soaring 12-foot ceilings, solid wood doors, wide-plank pine floors, and walls of windows fill the home with warmth and natural light. The chef's kitchen features custom cherry cabinetry, granite countertops, stainless steel appliances, new double ovens, and a gas cooktop designed for both everyday living and entertaining. Multiple stacked-stone fireplaces anchor inviting gathering spaces, while the primary suite offers a spa-inspired retreat complete with a soaking tub, polished wood counters, and a rare antique mantle sourced from a pre-Civil War home. The five-stall barn is a dream for equestrian enthusiasts. Designed by Linda Dreher (built 2000) constructed of concrete-filled cinderblock with a stucco finish, it offers five oversized 12x12 custom stalls, a wash stall with hot/cold water and heat lamps, fans in every stall, and direct pasture access. The 120 x 220 foot riding ring is perfect for dressage or jumping. The two-story tack room is heated and cooled and has a conveniently located washer and dryer for saddle pads and blankets. A spacious 1479 sq foot apartment above the barn is a perfect for a care taker or an in-law residence. The oversized hayloft has ample storage. Located within the highly sought-after Chapel Hill-Carrboro school district, this architect-designed luxury estate is a masterclass in equestrian living.
    97 days
    |
    727
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Lytle Westrom 919-636-9024,

    Coldwell Banker - HPW

    Source: Doorify MLS,MLS#: 10162429MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 7
      • Full bathrooms: 4
      • 1/2 bathrooms: 3
      Heating
      • Central, Forced Air, Heat Pump, Propane, Varies by Unit
      Cooling
      • Ceiling Fan(s), Central Air, Electric, Gas, Heat Pump, Multi Units, Wall/Window Unit(s)
      Appliances
      • Included: Built-In Electric Oven, Dishwasher, Double Oven, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Softener, Water Softener Owned
      • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
      Features
      • Bookcases, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Pantry, Recessed Lighting, Second Primary Bedroom, Separate Shower, Smart Thermostat, Smooth Ceilings, Soaking Tub, Sound System, Stone Counters, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
      • Flooring: Carpet, Ceramic Tile, Concrete, Hardwood, Vinyl, Plank, Stone, Tile
      • Doors: French Doors
      • Windows: Blinds, Skylight(s)
      • Basement: Exterior Entry, Finished, Heated, Interior Entry, Partially Finished, Storage Space, Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Living Room, Master Bedroom, Raised Hearth, Stone
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,820
      • Total interior livable area: 3,820 sqft
      • Finished area above ground: 3,045
      • Finished area below ground: 775

      Property

      Parking
      • Total spaces: 7
      • Parking features: Attached, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Gravel, Oversized, Workshop in Garage
      • Attached garage spaces: 3
      • Uncovered spaces: 4
      Accessibility
      • Accessibility features: Accessible Washer/Dryer
      Features
      • Levels: Three Or More, Tri-Level
      • Stories: 3
      • Patio & porch: Covered, Front Porch, Patio, Porch, Other
      • Exterior features: Balcony, Barbecue, Basketball Court, Fenced Yard, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Private Yard, Rain Gutters, Other
      • Has spa: Yes
      • Fencing: Back Yard, Fenced, Split Rail, Wood
      • Has view: Yes
      • View description: Forest, Pasture, Pond, Rural, Trees/Woods
      • Has water view: Yes
      • Water view: Pond
      Lot
      • Size: 10.01 Acres
      • Features: Back Yard, Cleared, Cul-De-Sac, Farm, Front Yard, Garden, Gentle Sloping, Hardwood Trees, Landscaped, Pasture, Pond on Lot, Private, Views, Wooded, See Remarks
      Details
      • Additional structures: Arena, Barn(s), Garage(s), Kennel/Dog Run, Outbuilding, Poultry Coop, RV/Boat Storage, Second Residence, Stable(s), Workshop, See Remarks
      • Parcel number: 9767630516
      • Special conditions: Standard
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: French Provincial
      • Property subtype: Single Family Residence, Residential
      Materials
      • Block, Brick, Brick Veneer, Concrete, Stone, Stucco, Wood Siding
      • Foundation: Concrete, Combination
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1997
      • Major remodel year: 1997
      Details
      • Builder name: To Be Added

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Phone Connected, Septic Connected, Propane, Underground Utilities

      Community & HOA

      Community
      • Features: None
      • Subdivision: Mcalister Field
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds
      • Services included: Road Maintenance
      • HOA fee: $552 annually
      • Additional fee info: Second HOA Fee $996 Annually
      Location
      • Region: Chapel Hill

      Financial & listing details

      • Price per square foot: $679/sqft
      • Tax assessed value: $1,405,900
      • Annual tax amount: $12,487
      • Date on market: 4/24/2026
      • Road surface type: Asphalt, Paved

        Estimated market value

        $2,447,800

        $2.33M - $2.57M

        $4,713/mo

        Price history

        DateEventPrice
        7/12/2026Price change$2,595,000-3.9%$679/sqft
        Source: Doorify MLS #10162429 Report a problem
        4/24/2026Listed for sale$2,700,000$707/sqft
        Source: Doorify MLS #10162429 Report a problem
        10/9/2025Listing removed$2,700,000$707/sqft
        Source: Doorify MLS #10121524 Report a problem
        9/12/2025Listed for sale$2,700,000+157.1%$707/sqft
        Source: Doorify MLS #10121524 Report a problem
        2/13/2025Listing removed$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        12/27/2024Listed for rent$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        8/10/2005Sold$1,050,000$275/sqft
        Source: Doorify MLS #799424 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,625 -3.2%$1,405,900 +29.5%
        2024$13,046 +2.3%$1,085,700
        2023$12,750 +2.5%$1,085,700
        2022$12,434 +2%$1,085,700
        2021$12,190 +2%$1,085,700 +8.3%
        2020$11,946 $1,002,300
        2018$11,946 +70%$1,002,300
        2017$7,026 -41.7%$1,002,300 -0.2%
        2016$12,061 $1,004,524
        2015$12,061 +153.6%$1,004,524
        2014$4,756 $1,004,524
        2013-- $1,004,524
        2012-- $1,004,524
        2011-- $1,004,524
        2010-- $1,004,524
        2009-- $1,004,524 +43.1%
        2008$8,446 +6.4%$701,791
        2007$7,941 $701,791
        2006-- $701,791
        2005$7,386 $701,791 +9.7%
        2004-- $639,724
        2003$6,877 +4.1%$639,724
        2001$6,608 +9.8%$639,724 +25.3%
        2000$6,021 $510,672
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 27516

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Chapel Hill Carrboro - Northside 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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