Lot 11 Farrington Point Rd (Chapel Hill)
Chatham County PIN #0018617
.67 Acre mostly wooded lot, Pine & Hardwood forest, just minutes from beautiful Jordan Lake!
Excellent value, just across the street from Governors Club, home to many stunning estates. Remaining similar size lots in Governors Club are listed for up to $100-150K+! Explore this affordable investment opportunity – as Governors Club gets saturated & the local area develops, prices are only going up! Convenient to UNC, Duke, RDU Airport, RTP, medical facilities, shopping, restaurants, sport & entertainment, downtown Chapel Hill & Southpoint Mall.
Owner Financing available at $2,400 down & $400 x 24 months ($12K total). Or just $8K cash!
For Sale As-Is: Property is not suitable for conventional septic. Options for this land include:
(1) Explore an alternative septic system.
(2) Negotiate with the local sewer provider for service. The property is within the Aqua NC sewer service area, but they currently state they do not provide service to this lot.
(3) Non-residential use (storage, RV parking, etc)
(4) Buy & Hold Investment – If you aren’t planning to build immediately, you can play the long game. As the pace of development continues, services & prices are expected to increase substantially. If so, sell in a few years & capture the profit.
Of course I can’t predict the future & none of these are guaranteed. But that’s why you’re getting the property dirt cheap!
Feel free to go by & take a look at the property anytime during daylight hours. No street #, but it’s just southeast (right) of 3350 Farrington Point Rd. Map in the images.
Call, text or email Jason with any questions, or to make an offer. (919) 249-8598.
Photo credits Google, Chatham County.