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Sold for $767,500
  • $767,500

    540 Patterson Dr, Chapel Hill, NC 27516

    3beds
    2,600sqft
    Single Family Residence, Residential
    Built in 1990
    -- sqft lot
    $773,200 Zestimate®
    $295/sqft
    $2,710 Estimated rent

    Home value

    $773,200

    $735,000 - $812,000

    $2,710/mo

    Zestimate® history
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    $4,498/mo

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    What's special

    Charming farmhouse-style homeLandscaped yardPeaceful settingPrivate officeWooded trailsCozy wood-burning stove
    Rare opportunity in Chatham County! Discover unmatched privacy and natural beauty with this 16± acre estate featuring wooded trails, streams, and a landscaped yard—all just steps from Briar Chapel and minutes from Chapel Hill, Pittsboro, UNC, and Duke. At the heart of the property is a charming farmhouse-style home on 5.4 acres, flanked by two additional wooded lots for a total of 16± acres of serenity. Offering 3 spacious bedrooms, 2 full baths, and a cozy wood-burning stove, this home blends comfort with endless potential. A private office upstairs makes working from home a breeze. Step outside and enjoy the peaceful setting: meander along wooded trails, gather around the stream, or simply relax on the porch while listening to the sounds of nature. Whether you envision a family home, a retirement retreat, or an adventure-filled homestead, this property offers the space and seclusion to bring your dreams to life. Conveniently close to shopping, dining, and medical facilities while still feeling worlds away, this one-of-a-kind property combines quiet seclusion with everyday convenience. Home is being sold AS IS. Schedule your private tour today and experience the charm of this unique estate! Private drive—please, no drive-by's.

    Zillow last checked:

    Listing updated:

    Listed by:

    LaTanya Davis 919-201-3074,

    TD Realty, LLC

    Bought with:

    Graham Dixon, 271848

    Howard Hanna Allen Tate Raleigh Glenwood

    Source: Doorify MLS,MLS#: 10122328MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump, Hot Water, Wood Stove
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Exhaust Fan, Free-Standing Electric Range, Plumbed For Ice Maker, Water Purifier
    • Laundry: In Kitchen, Laundry Closet, See Remarks
    Features
    • Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Master Downstairs, Recessed Lighting, Separate Shower, Storage, Tile Counters, Walk-In Closet(s), Walk-In Shower, Water Closet, Wired for Data
    • Flooring: Ceramic Tile, Hardwood, See Remarks
    • Doors: French Doors
    • Windows: Insulated Windows, Screens
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning Stove
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft
    • Finished area above ground: 2,600
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Private, Unpaved
    • Uncovered spaces: 6
    Features
    • Levels: Two
    • Stories: 1
    • Patio & porch: Deck, Front Porch, Side Porch
    • Exterior features: Garden, Lighting, Private Yard, Rain Gutters, Storage
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Features: Back Yard, Cleared, Corners Marked, Flag Lot, Front Yard, Gentle Sloping, Hardwood Trees, Landscaped, Many Trees, Native Plants, Private, Secluded, Sloped, Subdivided, Views, Wooded, See Remarks
    Details
    • Parcel number: 0064534,00064535,00064536
    • Special conditions: Trust
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence, Residential
    Materials
    • Attic/Crawl Hatchway(s) Insulated, HardiPlank Type, See Remarks
    • Foundation: Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $424,800
    • Annual tax amount: $5,055
    • Date on market: 9/17/2025
    • Road surface type: Gravel

    Price history

    DateEventPrice
    6/8/2026Sold$767,500-5.8%$295/sqft
    Source: Doorify MLS #10122328 Report a problem
    5/4/2026Pending sale$815,000$313/sqft
    Source: Doorify MLS #10122328 Report a problem
    5/1/2026Price change$815,000-1.2%$313/sqft
    Source: Doorify MLS #10122328 Report a problem
    3/11/2026Price change$825,000-2.9%$317/sqft
    Source: Doorify MLS #10122328 Report a problem
    12/9/2025Price change$850,000-10.5%$327/sqft
    Source: Doorify MLS #10122328 Report a problem
    9/17/2025Listed for sale$950,000-1%$365/sqft
    Source: Doorify MLS #10122328 Report a problem
    7/30/2025Listing removed$960,000$369/sqft
    Source: Doorify MLS #10068914 Report a problem
    4/16/2025Listed for sale$960,000$369/sqft
    Source: Doorify MLS #10068914 Report a problem
    1/29/2025Pending sale$960,000$369/sqft
    Source: Doorify MLS #10068914 Report a problem
    1/2/2025Listed for sale$960,000$369/sqft
    Source: Doorify MLS #10068914 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,139 +20.1%$424,800 +46.3%
    2024$2,613 +10.7%$290,307 +0%
    2023$2,360 +5.9%$290,306 +2%
    2022$2,228 +1.3%$284,566
    2021$2,200 +9.1%$284,566 +9.8%
    2020$2,016 +5.7%$259,130
    2019$1,907 $259,130
    2017-- $259,130 +3.8%
    2016-- $249,613
    2015-- $249,613
    2014-- $249,613
    2013-- $249,613
    2012-- $249,613
    2011-- $249,613
    2010-- $249,613
    2009-- $249,613 +22.4%
    2008-- $203,878
    2007$1,440 +7.5%$203,878
    2005$1,339 $203,878
    Find assessor info on the county website

    Neighborhood: Briar Chapel

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chatham - Chatham Grove Elementary
    • Middle: Chatham - Margaret B Pollard Middle School
    • High: Chatham - Seaforth 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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    Estimated market value
    $773,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $773,200