• 3 Bypass Lane - 3 Bypass Ln, Chapel Hill, NC 27517

For Sale

Land

For Sale

This property is available for sale
0.37
Acres
$325,000
Sale Price
  • Overview

    Property is located adjacent to where the town plans for the Elliot Road extension to pass through to Ephesus Church Rd. The property also sits inside the Ephesus-Forham aka Blue Hill District. Great opportunity to own some of Chapel Hill's hottest real estate. Sitting inside the Blue Hill District, pre-determined design guidelines are in place to streamline the process for development and to promote creativity & walkability in this part of town. Potential to assemble with adjacent lots 1 +2 Bypass Ln for a total of 1.18 of contiguous land. This lot does have a residence on the lot currently used as a rental. The Town has plans to extend Elliot Road right past this lot to connect with Ephesus Church Rd. The apartments behind this property are slated for a complete redevelopment.

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Property Details

Property is located adjacent to where the town plans for the Elliot Road extension to pass through to Ephesus Church Rd. The property also sits inside the Ephesus-Forham aka Blue Hill District. Great opportunity to own some of Chapel Hill's hottest real estate. Sitting inside the Blue Hill District, pre-determined design guidelines are in place to streamline the process for development and to promote creativity & walkability in this part of town. Potential to assemble with adjacent lots 1 +2 Bypass Ln for a total of 1.18 of contiguous land. This lot does have a residence on the lot currently used as a rental. The Town has plans to extend Elliot Road right past this lot to connect with Ephesus Church Rd. The apartments behind this property are slated for a complete redevelopment.

  • Property Type
    Land
  • Submarket
  • Sale Price
    $325,000
  • Total Acres
    0.37
  • Sale Status
    Available
  • Property ID
    2001175