$275,000
About this home
Bring your builder and dream big. Now offered with the adjoining approximately 0.48-acre parcel, this unique Old Lystra Road opportunity comprises nearly one acre across two existing lots in a coveted Orange County location, convenient to downtown Chapel Hill and within the Chapel Hill School District. Held by the same family for generations, the property offers a collection of existing structures on a spacious, near 1-acre of land. The main parcel features an original 1950s home in need of full renovation, along with a detached one-bedroom cottage to the rear that was rented many years ago and also requires renovation. Both are served by private well and septic. The adjoining 0.48-acre parcel, identified as Unit RR in tax records, is now included in the offering. It features a site-built structure that has been used for storage only and is not connected to utilities. Both parcels are zoned RLD-1 within the joint city/county planning jurisdiction. Buyers can explore retaining the properties as two separate parcels or combining them, subject to applicable governmental approvals and requirements. The seller is a co-owner and has not lived in the main home since childhood and therefore cannot speak to the current condition of the home, structures, well or septic systems. The property and structures require substantial rehabilitation and are being sold as-is. Bring your contractor, your architect, your imagination and your offer. This is an opportunity for someone ready to see beyond what is here today and envision what could come next. Viewings strictly by appointment only.
Property details
- MLS
- Doorify MLS
- MLS #
- 10178618
- Property type
- Single Family Residence
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 103
- On market date
- September 25, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.965 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 530
- Student:teacher ratio
- 14.3:1
- District
- Chapel Hill-Carrboro City Schools
- Enrollment
- 664
- Student:teacher ratio
- 11.6:1
- District
- Chapel Hill-Carrboro City Schools
- Enrollment
- 835
- Student:teacher ratio
- 14.2:1
- District
- Chapel Hill-Carrboro City Schools
Walkability
Blended score for Chapel Hill's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Chapel Hill, from live MLS data.
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 25, 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.