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5200 NC 42 Hwy - Harris Ridge 139 Acres of Residential Land Offered at $7,228,540 CAD in New Hill, NC 27562



Investment Highlights
- Planned 49-lot estate residential community
- Prime NC Highway 42 frontage in New Hill, NC
- Roadway, stormwater, and utility plans substantially complete
- Homesites ranging from approximately 1.5 to 4.8 acres
- Significant engineering and pre-development work completed
- Approved construction drawings anticipated within approximately 30 days
Executive Summary
Exceptional Residential Development Opportunity – New Hill, North Carolina
This is a rare opportunity to acquire a premier residential development site in one of the Triangle's fastest-growing markets. Located along NC Highway 42 in New Hill, the property offers an exceptional combination of accessibility, natural beauty, and long-term development potential.
The property is being offered with approved construction drawings expected to be completed and delivered within approximately 30 days, providing a significant advantage for developers looking to accelerate the development process.
The planned community features 49 estate-sized homesites ranging from approximately 1.5 to 4.8 acres, thoughtfully designed to preserve the property's natural character while creating a distinctive residential neighborhood.
The approved plans include the roadway layout, stormwater infrastructure, and other engineering improvements necessary to move the project forward, substantially reducing upfront planning time and allowing a buyer to focus on permitting and development.
Ideally located just minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1, the property provides convenient access to Research Triangle Park, Raleigh, Cary, RDU International Airport, and the region's major employment centers. As residential growth continues expanding into western Wake and eastern Chatham Counties, opportunities of this size, location, and development readiness are becoming increasingly difficult to find.
Property Highlights
• Planned for 49 estate-sized residential homesites.
• Approved construction drawings expected within approximately 30 days.
• Homesites ranging from approximately 1.5 to 4.8 acres.
• Excellent frontage along NC Highway 42.
• Significant pre-development work completed, reducing entitlement and engineering timelines.
• Internal roadway and stormwater systems fully engineered.
• Located within one of the Triangle's fastest-growing residential corridors.
• Minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1.
• Convenient access to Research Triangle Park, Raleigh, Cary, and RDU International Airport.
• Beautiful rolling topography with mature hardwoods and preserved open space creates an exceptional setting for an estate community.
• Ideal opportunity for residential developers, custom home builders, and long-term land investors.
• Offered as a single development tract.
Whether your vision is an upscale estate subdivision, a custom home community, or a long-term investment in one of the Triangle's strongest growth markets, this property offers a unique opportunity to acquire a development-ready site with approved drawings.
49-Lot Estate Development | Approved Construction Drawings Expected Within 30 Days | Prime NC Highway 42 Frontage
Exceptional Residential Development Opportunity – New Hill, North Carolina
This is a rare opportunity to acquire a premier residential development site in one of the Triangle's fastest-growing markets. Located along NC Highway 42 in New Hill, the property offers an exceptional combination of accessibility, natural beauty, and long-term development potential.
The property is being offered with approved construction drawings expected to be completed and delivered within approximately 30 days, providing a significant advantage for developers looking to accelerate the development process.
The planned community features 49 estate-sized homesites ranging from approximately 1.5 to 4.8 acres, thoughtfully designed to preserve the property's natural character while creating a distinctive residential neighborhood.
The approved plans include the roadway layout, stormwater infrastructure, and other engineering improvements necessary to move the project forward, substantially reducing upfront planning time and allowing a buyer to focus on permitting and development.
Ideally located just minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1, the property provides convenient access to Research Triangle Park, Raleigh, Cary, RDU International Airport, and the region's major employment centers. As residential growth continues expanding into western Wake and eastern Chatham Counties, opportunities of this size, location, and development readiness are becoming increasingly difficult to find.
Property Highlights
• Planned for 49 estate-sized residential homesites.
• Approved construction drawings expected within approximately 30 days.
• Homesites ranging from approximately 1.5 to 4.8 acres.
• Excellent frontage along NC Highway 42.
• Significant pre-development work completed, reducing entitlement and engineering timelines.
• Internal roadway and stormwater systems fully engineered.
• Located within one of the Triangle's fastest-growing residential corridors.
• Minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1.
• Convenient access to Research Triangle Park, Raleigh, Cary, and RDU International Airport.
• Beautiful rolling topography with mature hardwoods and preserved open space creates an exceptional setting for an estate community.
• Ideal opportunity for residential developers, custom home builders, and long-term land investors.
• Offered as a single development tract.
Whether your vision is an upscale estate subdivision, a custom home community, or a long-term investment in one of the Triangle's strongest growth markets, this property offers a unique opportunity to acquire a development-ready site with approved drawings.
49-Lot Estate Development | Approved Construction Drawings Expected Within 30 Days | Prime NC Highway 42 Frontage
Exceptional Residential Development Opportunity – New Hill, North Carolina
This is a rare opportunity to acquire a premier residential development site in one of the Triangle's fastest-growing markets. Located along NC Highway 42 in New Hill, the property offers an exceptional combination of accessibility, natural beauty, and long-term development potential.
The property is being offered with approved construction drawings expected to be completed and delivered within approximately 30 days, providing a significant advantage for developers looking to accelerate the development process.
The planned community features 49 estate-sized homesites ranging from approximately 1.5 to 4.8 acres, thoughtfully designed to preserve the property's natural character while creating a distinctive residential neighborhood.
The approved plans include the roadway layout, stormwater infrastructure, and other engineering improvements necessary to move the project forward, substantially reducing upfront planning time and allowing a buyer to focus on permitting and development.
Ideally located just minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1, the property provides convenient access to Research Triangle Park, Raleigh, Cary, RDU International Airport
Data Room Click Here to Access
Property Facts
| Price | $7,228,540 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 139.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-1 - The property is being offered with approved construction drawings expected to be completed and delivered within approximately 30 days. | ||
| Price | $7,228,540 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 139.00 AC |
| Opportunity Zone |
Yes |
| Zoning | R-1 - The property is being offered with approved construction drawings expected to be completed and delivered within approximately 30 days. |
1 Lot Available
Lot
| Price | $7,228,540 CAD | Lot Size | 139.00 AC |
| Price Per AC | $52,003.88 CAD |
| Price | $7,228,540 CAD |
| Price Per AC | $52,003.88 CAD |
| Lot Size | 139.00 AC |
Exceptional Residential Development Opportunity for 49 estate homesites. Excellent NC Hwy 42 frontage in New Hill with convenient access to Apex, Pittsboro, and the Triangle. Buyer to verify all approvals.
Description
49-Lot Estate Development | Approved Construction Drawings Expected Within 30 Days | Prime NC Highway 42 Frontage Exceptional Residential Development Opportunity – New Hill, North Carolina This is a rare opportunity to acquire a premier residential development site in one of the Triangle's fastest-growing markets. Located along NC Highway 42 in New Hill, the property offers an exceptional combination of accessibility, natural beauty, and long-term development potential. The property is being offered with approved construction drawings expected to be completed and delivered within approximately 30 days, providing a significant advantage for developers looking to accelerate the development process. The planned community features 49 estate-sized homesites ranging from approximately 1.5 to 4.8 acres, thoughtfully designed to preserve the property's natural character while creating a distinctive residential neighborhood. The approved plans include the roadway layout, stormwater infrastructure, and other engineering improvements necessary to move the project forward, substantially reducing upfront planning time and allowing a buyer to focus on permitting and development. Ideally located just minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1, the property provides convenient access to Research Triangle Park, Raleigh, Cary, RDU International Airport, and the region's major employment centers. As residential growth continues expanding into western Wake and eastern Chatham Counties, opportunities of this size, location, and development readiness are becoming increasingly difficult to find. Property Highlights • Planned for 49 estate-sized residential homesites. • Approved construction drawings expected within approximately 30 days. • Homesites ranging from approximately 1.5 to 4.8 acres. • Excellent frontage along NC Highway 42. • Significant pre-development work completed, reducing entitlement and engineering timelines. • Internal roadway and stormwater systems fully engineered. • Located within one of the Triangle's fastest-growing residential corridors. • Minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1. • Convenient access to Research Triangle Park, Raleigh, Cary, and RDU International Airport. • Beautiful rolling topography with mature hardwoods and preserved open space creates an exceptional setting for an estate community. • Ideal opportunity for residential developers, custom home builders, and long-term land investors. • Offered as a single development tract. Whether your vision is an upscale estate subdivision, a custom home community, or a long-term investment in one of the Triangle's strongest growth markets, this property offers a unique opportunity to acquire a development-ready site with approved drawings. 49-Lot Estate Development | Approved Construction Drawings Expected Within 30 Days | Prime NC Highway 42 Frontage Exceptional Residential Development Opportunity – New Hill, North Carolina This is a rare opportunity to acquire a premier residential development site in one of the Triangle's fastest-growing markets. Located along NC Highway 42 in New Hill, the property offers an exceptional combination of accessibility, natural beauty, and long-term development potential. The property is being offered with approved construction drawings expected to be completed and delivered within approximately 30 days, providing a significant advantage for developers looking to accelerate the development process. The planned community features 49 estate-sized homesites ranging from approximately 1.5 to 4.8 acres, thoughtfully designed to preserve the property's natural character while creating a distinctive residential neighborhood. The approved plans include the roadway layout, stormwater infrastructure, and other engineering improvements necessary to move the project forward, substantially reducing upfront planning time and allowing a buyer to focus on permitting and development. Ideally located just minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1, the property provides convenient access to Research Triangle Park, Raleigh, Cary, RDU International Airport, and the region's major employment centers. As residential growth continues expanding into western Wake and eastern Chatham Counties, opportunities of this size, location, and development readiness are becoming increasingly difficult to find. Property Highlights • Planned for 49 estate-sized residential homesites. • Approved construction drawings expected within approximately 30 days. • Homesites ranging from approximately 1.5 to 4.8 acres. • Excellent frontage along NC Highway 42. • Significant pre-development work completed, reducing entitlement and engineering timelines. • Internal roadway and stormwater systems fully engineered. • Located within one of the Triangle's fastest-growing residential corridors. • Minutes from Apex, Holly Springs, Pittsboro, Jordan Lake, and US-1. • Convenient access to Research Triangle Park, Raleigh, Cary, and RDU International Airport. • Beautiful rolling topography with mature hardwoods and preserved open space creates an exceptional setting for an estate community. • Ideal opportunity for residential developers, custom home builders, and long-term land investors. • Offered as a single development tract. Whether your vision is an upscale estate subdivision, a custom home community, or a long-term investment in one of the Triangle's strongest growth markets, this property offers a unique opportunity to acquire a development-ready site with approved drawings.
Property Taxes
| Parcel Number | 5683 | Improvements Assessment | $0 CAD |
| Land Assessment | $50,832 CAD | Total Assessment | $50,832 CAD |
Property Taxes
Presented by
Aspire RE+Dev
5200 NC 42 Hwy - Harris Ridge
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