$774,000
About this home
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.
Property details
- MLS #
- 10179619
- Property type
- Single Family Residence
- Subdivision
- Joseph Reaves Estates
- Status
- Active
- Days on market
- 90
- On market date
- July 11, 2026
- Stories
- N/A
- Total bathrooms
- 4
- Garage spaces
- 3
- Parking spaces
- 7
- Lot size
- 1.6 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 529
- Student:teacher ratio
- 12.3:1
- District
- Chapel Hill-Carrboro City Schools
- Enrollment
- 753
- Student:teacher ratio
- 12.3:1
- District
- Chapel Hill-Carrboro City Schools
- Enrollment
- 1,505
- Student:teacher ratio
- 15.5:1
- 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 7, 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.