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For sale
    • $799,000

    1021 Reaves Dr, Chapel Hill, NC 27516

    4beds
    3,856sqft
    : 
    $4,785/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2005
    1.6 Acres Lot
    $773,800 Zestimate®
    $207/sqft
    $-- HOA

    What's special

    Soaring ceilingsFlooded with natural lightMain level primary retreatCustom walk-in closetSpa-like soaking tub
    Spanning nearly 4,000 square feet on a sprawling, unrestricted 1.6-acre lot, this contemporary 4 bedroom, 3 full bath, and 2 half bath estate is flooded with natural light and uniquely equipped with a PRIVATE OFFICE its own SEPARATE EXTERIOR ENTRANCE. Work efficiently, host clients seamlessly, and leave your work "at the office" when you cross back into the main home. Bonus rooms sit in opposite wings of the house, creating distinct zones. A main-level 2 bedroom suite easily accommodates aging parents, long-term guests, or older teenagers, giving everyone the gift of privacy under one roof. Your day ends in the MAIN LEVEL PRIMARY retreat. Tucked entirely away from the active zones of the home, it features soaring ceilings, a spa-like soaking tub, and custom walk-in closet. Positioned outside city lines, you enjoy Orange County-only taxes - saving your business and family thousands annually - while retaining a prestigious Chapel Hill address and Chapel Hill schools. Plus NO HOA - run your business, park your commercial vehicles, or store inventory without a neighborhood committee ever telling you "no." Stop trying to fit your dynamic life into a rigid floor plan, at 1021 Reaves Drive the space finally adapts to you.
    38 days
    |
    1,397
    |
    70
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Norwood 919-428-6133,

    Mark Spain Real Estate

    Source: Doorify MLS,MLS#: 10179619MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Electric Oven, Gas Cooktop
      • Laundry: Laundry Room, Main Level
      Features
      • Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, Kitchen Island, Laminate Counters, Open Floorplan, Master Downstairs, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Hardwood, Linoleum
      • Has fireplace: No
      Interior area
      • Total structure area: 3,856
      • Total interior livable area: 3,856 sqft
      • Finished area above ground: 3,856
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 7
      • Parking features: Driveway, Garage
      • Attached garage spaces: 3
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch
      • Exterior features: Private Yard, Rain Gutters
      • Has view: Yes
      Lot
      • Size: 1.6 Acres
      • Features: Back Yard, Front Yard, Landscaped
      Details
      • Parcel number: 9768086198
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch, Transitional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick Veneer
      • Foundation: Block, Brick/Mortar
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Joseph Reaves Estates
      HOA
      • Has HOA: No
      Location
      • Region: Chapel Hill

      Financial & listing details

      • Price per square foot: $207/sqft
      • Tax assessed value: $978,600
      • Annual tax amount: $9,063
      • Date on market: 7/11/2026
      • Road surface type: Gravel

        Estimated market value

        $773,800

        $735,000 - $812,000

        $4,623/mo

        Price history

        DateEventPrice
        7/11/2026Listed for sale$799,000-3.2%$207/sqft
        Source: Doorify MLS #10179619 Report a problem
        5/21/2025Sold$825,000$214/sqft
        Source: Doorify MLS #10086075 Report a problem
        4/28/2025Pending sale$825,000$214/sqft
        Source: Doorify MLS #10086075 Report a problem
        4/1/2025Listed for sale$825,000-5.7%$214/sqft
        Source: Doorify MLS #10086075 Report a problem
        3/31/2025Listing removed$875,000$227/sqft
        Source: Doorify MLS #10081521 Report a problem
        3/12/2025Listed for sale$875,000$227/sqft
        Source: Doorify MLS #10081521 Report a problem
        3/8/2025Listing removed$875,000$227/sqft
        Source: Doorify MLS #10062408 Report a problem
        3/3/2025Price change$875,000-2.7%$227/sqft
        Source: Doorify MLS #10062408 Report a problem
        2/10/2025Price change$899,000-2.8%$233/sqft
        Source: Doorify MLS #10062408 Report a problem
        1/10/2025Price change$925,000-2.6%$240/sqft
        Source: Doorify MLS #10062408 Report a problem
        12/19/2024Price change$950,000-4%$246/sqft
        Source: Doorify MLS #10062408 Report a problem
        11/8/2024Listed for sale$990,000+2540%$257/sqft
        Source: Doorify MLS #10062408 Report a problem
        1/31/2005Sold$37,500$10/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,202 +30.6%$978,600 +69.9%
        2024$7,047 +2.2%$576,100
        2023$6,892 +2.9%$576,100
        2022$6,696 +1.1%$576,100
        2021$6,624 -6.1%$576,100 -0.6%
        2020$7,055 $579,300
        2018$7,055 +2.5%$579,300
        2017$6,886 +1.6%$579,300 +3.9%
        2016$6,779 $557,650
        2015$6,779 +0.3%$557,650
        2014$6,759 $557,650
        2013-- $557,650
        2012-- $557,650
        2011-- $557,650
        2010-- $557,650
        2009-- $557,650 +31%
        2008$5,123 +6.2%$425,694
        2007$4,825 $425,694
        2006-- $425,694
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 27516

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        13 / 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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