Rare chance to own this large 38 acre parcel easy access to almost everywhere in the Triangle. Zoning Regulations allow 1 home every 2 acres. The property has a finished tiny cabin, shower house, multiple shed workshops and storage buildings. The land has been a farm with fields and forest. Currently half the property is in forestry use. Land has several septic sites and currently has water, electric and wells.
Property Details
Property Features
Listing Office:
Office Name: Continental Real Estate Group, Inc.
Office Phone: (877) 996-5728
Listing Agent: Christine M Eisenberg
Lot Features
Lot Information:
Lot: Cleared, Level, Wooded, Other
Lot Size: 38.00 Acres
Other
Directions Information:
Directions: I-4O to Exit 261 - go toward Chapel Hill. property will be on your left hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $2,875,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hillsborough, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14.4K
Per Month
Principal & Interest
$14.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,686
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Pathways Elementary School
431 Strouds Creek Rd
Distance between this listing and this school3.04 miles
Public District Grades PK-5
5
/10
Central Elementary School
154 Hayes St
Distance between this listing and this school4.98 miles
Public District Grades PK-5
9
/10
Hillsborough Elementary School
402 N Nash St
Distance between this listing and this school4.98 miles
Public District Grades PK-5
Nearby Schools
6
/10
Charles W Stanford Middle School
308 Orange High Rd
Distance between this listing and this school4.58 miles
Public District Grades 6-8
8
/10
The Expedition School
437 Dimmocks Mill Rd Ste 33
Distance between this listing and this school5.76 miles
Public Charter Grades KG-8
3
/10
Gravelly Hill Middle School
4801 W Ten Rd
Distance between this listing and this school6.94 miles
Public District Grades 6-8
Nearby Schools
9
/10
Eno River Academy
1212 NC Highway 57
Distance between this listing and this school3.45 miles
Public Charter Grades KG-12
4
/10
Orange High School
500 Orange High Rd
Distance between this listing and this school4.37 miles
Public District Grades 9-12
8
/10
Cedar Ridge High School
1125 New Grady Brown School Rd
Distance between this listing and this school6.74 miles
The neighbors living near this home have an average income of $64,722. Typical income of Hillsborough, NC residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4008 NC Highway 86
What is the listing price of this property?
The listing price of 4008 NC Highway 86 property is $2,875,000.
What type of property is this?
The property 4008 NC Highway 86 is land located in Hillsborough, North Carolina, 27278.
Is this property for sale now?
Active Listing: 4008 NC Highway 86 is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4008 NC Highway 86 in Hillsborough, NC and zip code 27278. This home sits on a 38.00 acre lot. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $2,875,000.
In November 2024 more than 5 listings in Hillsborough, NC were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below. In November 2024 in Hillsborough, NC there were 9.9% less homes for sale than in October 2024. While the average time on the market in November 2024 was 41 days, the median list price was $512,000.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Hunting
Hunting
NASCAR
Pro Wrestling
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country