Daniel Smith
← INNOVATE Real Estate
Erwin Rd Aerial
Erwin Rd Street View
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$1,400,000

271 Erwin Road, Chapel Hill, NC 27514
Chapel Hill, NC 27514
Listed by Andrew Suriano · ASA Properties NC, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This exceptional ±2.71-acre Chapel Hill tract presents a rare opportunity for developers, investors, or end users seeking one of the Triangle's most desirable locations. Positioned in close proximity to Chapel Hill's thriving retail, dining, medical, and employment centers, the property offers tremendous upside for a potential townhome development, an exclusive private estate, or a strategic long-term investment hold as the area continues to experience strong growth and demand. With its convenient access to Chapel Hill, Durham, and the greater Research Triangle region, the property is ideally situated to capitalize on continued residential demand and future appreciation. Whether you're envisioning a boutique residential community, creating your dream estate tucked away in one of North Carolina's premier markets, or acquiring a well-located land investment for future development potential, this tract offers the flexibility and location to make it a compelling opportunity. Opportunities to acquire quality acreage in Chapel Hill are increasingly limited so don't miss your chance to secure a versatile asset in one of the most sought-after markets in the Triangle.

Property details

MLS #
10181504
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
36
On market date
July 21, 2026
Stories
N/A
Garage spaces
N/A
Lot size
2.64 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
FPG Elementary
4.85 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
530
Student:teacher ratio
14.3:1
District
Chapel Hill-Carrboro City Schools
Middle
Phillips Middle
2.08 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
665
Student:teacher ratio
12.1:1
District
Chapel Hill-Carrboro City Schools
High
East Chapel Hill High
0.92 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
1,475
Student:teacher ratio
16.4:1
District
Chapel Hill-Carrboro City Schools

Mortgage calculator

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.