$1,100,000
For Sale

216 Jefferson Drive

Durham, NC 27712
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime 10-Acre Land Opportunity in Durham! Discover an exceptional chance to own or develop 10 acres of old growth hardwood forest land just ten minutes (five miles) north of Duke near the highly desirable Huckleberry Heights neighborhood in northwest Durham! The land is nestled between two creeks and sixty acres of hardwood forest under a conservation easement. A three-mile running loop can start at your front door, traverse the forest and go along the Eno River for half a mile. This is quiet, peaceful and beautiful land. It's a must see!
If developed, this property contains 20 half-acre lots, nineteen vacant and one parcel currently occupied by a single-family home at 216 Jefferson Drive. The 20 parcels are already recorded with the city of Durham with city-assigned addresses. Utilities (water, sewer, gas, and more) are nearby for future development. Road infrastructure is partially complete with room to expand. Please note: there is a possibility of subdividing the lots or other creative uses of the land. See fifteen page Due Diligence Site Report by a Civil Engineer in the Documents section.
Conveniently located just north of I-85 and west of NC 501, this property offers easy access to major highways, including the Hwy 85/NC 147/NC 70 interchange. With quick access via Cole Mill Road, Jefferson Drive is partially developed, and the road can be extended to serve the remaining lots.
The existing house at 216 Jefferson is well built with a wood stove and full wood shed. If you're inclined it could have a screen porch and deck, perhaps an art studio on the north or east side. The existing house is a 1900 square feet, two-story contemporary built in 1979. It boasts three bedrooms, an office, and an open downstairs layout. The gas furnace, tankless water heater and HVAC have all been replaced in the last five years. It is well insulated with low utility bills.
Come talk to us about the exciting possibilities this land presents. Motivated sellers!

  • Property Details
      • Acres10
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesSee Remarks
      • Sewer InformationOther
      • Utility SourceOther
  • Community and Neighborhood Details
      • SubdivisionNot in a Subdivision
    • Location
      • Elementary SchoolDurham - Hillandale
      • High SchoolDurham - Riverside
      • Middle SchoolDurham - Brogden
      • CountyDurham
      • ZoningRS-20
  • Financial Details
      • Taxes Annual$4,488
  • Other
      • MLS #10058534

Location

FAB Real Estate Services LLCReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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