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$774,000

Listing Price

4beds

3baths

3,856sqft

69,696sqft lot

1021 Reaves Dr, Chapel Hill, NC 27516

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

219.65

Price / sqft

2005

Year built

Home Details

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.

Interior Details

Square Feet
  • 3856

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 69696

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Conventional

Exterior
  • Brick/stone (brick And/or Stone)

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$7,055

$60,100

$519,200

--%

$579,300

2019

$7,055

$60,100

$519,200

--%

$579,300

2018

$6,886

$60,100

$519,200

--%

$579,300

2017

$6,808

$60,100

$519,200

--%

$579,300

2015

$6,778

$55,939

$501,711

--%

$557,650

2014

$6,758

$55,939

$501,711

--%

$557,650

2013

$6,524

$55,939

$501,711

--%

$557,650

2012

$6,310

$55,939

$501,711

--%

$557,650

percent-home-icon

Average Home Price in 27516

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$774,000

4 Beds

3 Baths

3,856 Sqft

69,696 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
774,000
$
Down payment
154,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,644
$
HOA (Monthly)
0
$
PMI
0
$
$5,010
Your Payment
Total Monthly Payment:$5,010
Percent of Income:86%
Affordable:No

Details for 1021 REAVES DR

Property Debt

Foreclosure Contact Details