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$3,500,000

Beds
5
Baths
6.0
sq ft
5,625

229 Valley Ln, Pittsboro, NC 27312

229 Valley Ln

Pittsboro, NC 27312

  • 100 days on market
Arriving down this Estate's long, graceful and beautiful private entrance, you might think you're in a fairy tale and have been transported to the south of France or English countryside. At the driveway's end stands this magnificent custom-built multi-generation home and its companion piece, a Carriage House. The Estate sits nestled on ten acres of unspoiled and exceptionally private land. The hustle and bustle of Chapel Hill, the Research Triangle and Raleigh are already a distant memory. You might walk around the house first, through the manicured English gardens, sitting areas and yard to the swimming pool surrounded by tall pines, oaks, Japanese maples and perennials in bloom. The pool's waterfall and patio draw you in and it is quiet here. The Estate was built for quality not quantity, and its hallmarks are craftsmanship and timeless detail work. All formal spaces are included here, of course, plus a thermostatically controlled wine room and cellar, parlor, double-sided fireplace connecting the kitchen's breakfast area to the living room, ultra-luxury kitchen appliances and large mudroom (with dog wash station). The second floor has three guest bedrooms and a primary bedroom suite that is fully one-half the entire second floor of the residence and contains a great bathroom and a huge walk-in closet. The third floor's spaces could be anything from recreation to crafting, or meditation to fitness. Be sure not to miss the Carriage House with a three-car climate-controlled garage, with a half bath, that has a lift for the car enthusiast, allowing that most prized third vehicle to be stored or worked on safely and carefully. A fully equipped apartment residence is overhead, with a living room, kitchen, bedroom and full bath. It's worth special mention that while the total acreage is ten, it is legally two parcels, approximately half of which are a part of the Monterrane community, with its very light protections and covenants, three nature trails and seven pocket parks. The rear five acres are free of any deed restrictions or covenants at all, allowing the next owner to build, preserve or use the property without HOA encumbrances. The entirety of the property is magazine-worthy, except that we imagine that the next owner of this special home will value it for its privacy and peacefulness, not showiness. The pride of ownership will be abundantly clear upon arrival and over time as well. This home seeks its next forever owner.

Details

Property type

Single Family Residence

Est. home value

$1,497,760

Lot size

10.0 acres

Price per sq ft

$623

Year built

2004

Annual property taxes

$5,380

Monthly HOA fee

$83.17

Price History

06/04/2024
TriangleMLS

TriangleMLS #10033431

Listed
$3,500,000
+324.24%
12/20/2013
TriangleMLS

TriangleMLS #1906042

Sold
$825,000

Schools & Community

Elementary school: 

Chatham - Perry Harrison

Middle school: 

Chatham - Margaret B Pollard

High school: 

Chatham - Seaforth

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Branch Banking And Trust Co

Loan start date

September 2015

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

Credit Line (Revolving)

Seller

Stephen R Wiley and Kevin A Wiley

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/13/2024 at 3:30 PM

Listing updated: 08/23/2024 at 9:24 AM

Listed by: David Worters, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10033431

TriangleMLS logo

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