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For sale
  • $1,975,000

    557 Olives Chapel Rd, Apex, NC 27502

    3beds
    2,651sqft
    : 
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    Single Family Residence, Residential
    Built in 1996
    12.8 Acres Lot
    $1,850,000 Zestimate®
    $745/sqft
    $-- HOA

    What's special

    Inviting front porchSweeping open fieldsGorgeous private pond
    Welcome to Olives Chapel an extraordinary 12.8 acre estate in Apex, NC where refined country living meets unmatched convenience. Ideally positioned near Cary, Pittsboro, RDU, RTP, with an array of shopping, dining along with incredible schools. This property also offers the added advantage of Chatham County taxes. A rare offering, the landscape showcases sweeping open fields and a gorgeous private pond, creating a serene and picturesque setting. With no HOA, covenants, or restrictions, the possibilities are endless! Design a private equestrian retreat, curated hobby farm, or expansive workshop while enjoying the freedom to accommodate your lifestyle. The home invites effortless relaxation, from the inviting front porch, perfect for quiet mornings, to the beautifully paved back patio overlooking the tranquil pond, an ideal backdrop for entertaining or unwinding. A detached workshop and whole-property generator enhance both functionality and peace of mind. Less than a mile from Jordan Lake, this property offers exceptional access to outdoor recreation while maintaining a sense of seclusion. An exceptional blend of acreage, location, and limitless potential this is a truly distinctive estate opportunity!
    48 days
    |
    923
    |
    34
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Ragan 919-985-6305,

    Choice Residential Real Estate

    Source: Doorify MLS,MLS#: 10164068MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Cooktop, Refrigerator, Oven, Washer/Dryer
      • Laundry: Electric Dryer Hookup, Laundry Closet, Main Level
      Features
      • Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Kitchen Island, Walk-In Closet(s), Whirlpool Tub
      • Flooring: Carpet, Laminate, Tile
      Interior area
      • Total structure area: 2,651
      • Total interior livable area: 2,651 sqft
      • Finished area above ground: 2,651
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 10
      • Parking features: Circular Driveway, Garage, Gravel
      • Attached garage spaces: 2
      • Uncovered spaces: 8
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch, Rear Porch, Side Porch
      • Exterior features: Private Yard
      • Has view: Yes
      • View description: Pond, Trees/Woods
      • Has water view: Yes
      • Water view: Pond
      Lot
      • Size: 12.8 Acres
      • Dimensions: 474 x 1695 x 264 x 1488
      • Features: Cleared, Pond on Lot, Rectangular Lot, Wooded
      Details
      • Additional structures: Workshop
      • Parcel number: 0072617
      • Zoning: R-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence, Residential
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1996

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $745/sqft
      • Tax assessed value: $1,107,437
      • Annual tax amount: $7,774
      • Date on market: 5/1/2026
      • Road surface type: Paved

        Estimated market value

        $1,850,000

        $1.76M - $1.94M

        $3,150/mo

        Price history

        DateEventPrice
        5/1/2026Listed for sale$1,975,000-14.1%$745/sqft
        Source: Doorify MLS #10164068 Report a problem
        1/22/2026Listing removed$2,300,000$868/sqft
        Source: Doorify MLS #10042897 Report a problem
        10/24/2025Price change$2,300,000-2.1%$868/sqft
        Source: Doorify MLS #10042897 Report a problem
        9/2/2025Price change$2,350,000-2.1%$886/sqft
        Source: Doorify MLS #10042897 Report a problem
        6/30/2025Price change$2,400,000-4%$905/sqft
        Source: Doorify MLS #10042897 Report a problem
        7/23/2024Listed for sale$2,500,000$943/sqft
        Source: Doorify MLS #10042897 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,931 +22.1%$1,107,437 +48.5%
        2024$6,497 +7.2%$745,556
        2023$6,061 +3.8%$745,556
        2022$5,838 +1.3%$745,556
        2021$5,763 +14.5%$745,556 +15.2%
        2020$5,034 +5.7%$647,049
        2019$4,763 -1.9%$647,049
        2017$4,856 $647,049 +32.9%
        2016$4,856 +30.8%$486,966
        2015$3,713 +3.7%$486,966
        2014$3,582 $486,966
        2013$3,582 $486,966
        2012-- $486,966
        2011-- $486,966
        2010-- $486,966
        2009-- $486,966 +15.9%
        2008-- $420,248
        2007$2,969 +7.5%$420,248
        2005$2,761 $420,248

        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.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 27502

          Getting around

          0 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Chatham - Moncure School
          • Middle: Chatham - Moncure 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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