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Sold for $800,000
  • $800,000

    101 Ray Rd, Chapel Hill, NC 27516

    4beds
    2,270sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $932,800 Zestimate®
    $352/sqft
    $1,634 Estimated rent

    Home value

    $932,800

    $886,000 - $979,000

    $1,634/mo

    Zestimate® history
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    What's special

    Multi-generational living opportunitiesEmbraces natural lightScenic viewsOne-level brick ranchMature treesBreathtaking pond viewsCozy side screened porch
    WELCOME HOME to your very own 4.5 Acre Oasis where Mother Nature provides the backdrop with breathtaking pond views that greet you daily and can be enjoyed from both inside and out! Experience the perfect blend of natural beauty, serene seclusion, and everyday convenience on this extraordinary estate with county taxes and still districted for the highly sought-after Chapel Hill-Carrboro City Schools. Lovingly maintained by the original owners, this light-filled, one-level brick ranch offers exceptional flexibility for today's lifestyle, including ideal multi-generational living opportunities. Designed with a thoughtful connection to its surroundings, the home embraces natural light, scenic views, and seamless indoor-outdoor living. Relax on the cozy side screened porch, the extensive rear open deck or the front porch swing overlooking the pond, creating the perfect place to unwind in every season. The picturesque 4.5-acre setting features mature trees, expansive open spaces, and gently rolling land, providing endless possibilities for gardening, hobby farming, horses, recreation, or simply enjoying spectacular sunsets and incredible stargazing under wide-open skies. A spacious two-car garage with workshop offers additional flexibility for projects, storage, or hobbies. Enjoy the tranquility of a true country estate without sacrificing convenience—just 6-7 minutes from downtown Carrboro and Chapel Hill. Properties offering this level of privacy, acreage, versatility, and location are exceptionally rare. This is more than a home—it's a lifestyle and a legacy waiting to be enjoyed for generations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Lloyd 919-606-8511,

    Long & Foster Real Estate INC

    Bought with:

    Jeff Garrett, 268047

    Howard Hanna Allen Tate Wake Forest/Rolesville

    Source: Doorify MLS,MLS#: 10182167MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Main
    Breakfast room
    • Level: Main
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Office
    • Level: Main
    Heating
    • Central, Fireplace(s), Forced Air, Hot Water, Natural Gas, None, Radiant
    Cooling
    • Central Air, Ceiling Fan(s), Dual
    Appliances
    • Included: Cooktop, Dishwasher, Electric Cooktop, Electric Water Heater, Free-Standing Refrigerator, Ice Maker, Oven, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Water Heater, Water Softener, Wall Oven
    • Laundry: In Bathroom, Laundry Closet, Inside, Main Level
    Features
    • Breakfast Bar, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Granite Counters, His and Hers Closets, High Speed Internet, Pantry, Recessed Lighting, Stone Counters, Walk-In Closet(s)
    • Flooring: Carpet, Hardwood, Tile, Vinyl, Wood
    • Number of fireplaces: 1
    • Fireplace features: Gas, Gas Log, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,270
    • Total interior livable area: 2,270 sqft
    • Finished area above ground: 2,270
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Additional Parking, Attached, Driveway, Garage, Garage Door Opener, Parking Pad, Storage
    • Garage spaces: 2
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Covered, Deck, Enclosed, Front Porch, Porch, Screened, Side Porch
    • Exterior features: Barbecue, Garden, Outdoor Grill, Rain Gutters, Storage
    • Has view: Yes
    • View description: Forest, Pond, Panoramic, Skyline, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Pond,Water
    • Waterfront features: Pond, Waterfront
    • Body of water: Privately Owned
    • Frontage type: Waterfront
    Lot
    • Size: 4.49 Acres
    • Features: Back Yard, Cleared, Farm, Few Trees, Front Yard, Garden, Gentle Sloping, Landscaped, Level, Many Trees, Open Lot, Pond on Lot, Near Public Transit, Private, Views, Waterfront, Wooded, Hardwood Trees, Partially Cleared
    Details
    • Additional structures: Outbuilding, Shed(s), Storage
    • Parcel number: 9777572706
    • Zoning: WR
    • Special conditions: Standard
    • Other equipment: Satellite Dish
    • Horse amenities: None, See Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Raised, See Remarks, Crawlspace
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1961
    • Major remodel year: 1999

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected, Septic Connected

    Community & HOA

    Community
    • Features: None
    • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Security System
    HOA
    • Has HOA: No
    Location
    • Region: Chapel Hill

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $657,200
    • Annual tax amount: $5,703
    • Date on market: 7/24/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Gravel

    Price history

    DateEventPrice
    9/21/2026Sold$800,000-17.9%$352/sqft
    Source: Doorify MLS #10182167 Report a problem
    8/15/2026Contingent$975,000$430/sqft
    Source: Long & Foster Broker Feed #10182167 Report a problem
    8/14/2026Pending sale$975,000$430/sqft
    Source: Doorify MLS #10182167 Report a problem
    7/24/2026Listed for sale$975,000$430/sqft
    Source: Doorify MLS #10182167 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,842 +13.7%$657,200 +51.4%
    2024$5,137 +2.3%$434,000
    2023$5,021 +1.7%$434,000
    2022$4,938 +1.1%$434,000
    2021$4,884 -1.3%$434,000 +5.4%
    2020$4,947 $411,900 +0.3%
    2018$4,947 +2%$410,700
    2017$4,851 +21.9%$410,700 +25.9%
    2016$3,978 $326,300
    2015$3,978 +0.5%$326,300
    2014$3,958 $326,300
    2013-- $326,300
    2012-- $326,300 +0%
    2011-- $326,282
    2010-- $326,282
    2009-- $326,282 +36.4%
    2008$2,986 +5.5%$239,135
    2007$2,830 +5.8%$239,135
    2006$2,674 $239,135
    2005$2,674 +7.9%$239,135 +13.1%
    2004$2,478 +3.1%$211,463
    2003$2,404 +2.7%$211,463
    2002$2,341 +2%$211,463
    2001$2,295 +5.1%$211,463 +20%
    2000$2,184 $176,275
    Find assessor info on the county website

    Neighborhood: 27516

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chapel Hill Carrboro - Northside Elementary School
    • Middle: Chapel Hill Carrboro - Grey Culbreth Middle School
    • High: Chapel Hill Carrboro - Carrboro 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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    Estimated market value
    $932,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $932,800