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1021 Reaves Drive, Chapel Hill, NC 27516 ACTIVE 1 of 46 1021 Reaves Drive, Chapel Hill, NC 27516 — photo 2 1021 Reaves Drive, Chapel Hill, NC 27516 — photo 3 1021 Reaves Drive, Chapel Hill, NC 27516 — photo 4 1021 Reaves Drive, Chapel Hill, NC 27516 — photo 5
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$774,000 Est. $5,333/mo — Get pre-qualified
4beds 4baths 3,856sq ft 1.6acres

1021 Reaves Drive · Chapel Hill, NC 27516

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Spanning nearly 4,000 square feet on a sprawling, unrestricted 1.6-acre lot, this contemporary 4 bedroom, 3 full bath, and 2 half bath estate is flooded with natural light and uniquely equipped with a PRIVATE OFFICE its own SEPARATE EXTERIOR ENTRANCE. Work efficiently, host clients seamlessly, and leave your work "at the office" when you cross back into the main home. Bonus rooms sit in opposite wings of the house, creating distinct zones. A main-level 2 bedroom suite easily accommodates aging parents, long-term guests, or older teenagers, giving everyone the gift of privacy under one roof. Your day ends in the MAIN LEVEL PRIMARY retreat. Tucked entirely away from the active zones of the home, it features soaring ceilings, a spa-like soaking tub, and custom walk-in closet. Positioned outside city lines, you enjoy Orange County-only taxes - saving your business and family thousands annually - while retaining a prestigious Chapel Hill address and Chapel Hill schools. Plus NO HOA - run your business, park your commercial vehicles, or store inventory without a neighborhood committee ever telling you "no." Stop trying to fit your dynamic life into a rigid floor plan, at 1021 Reaves Drive the space finally adapts to you.

Features & Amenities

Living Area3,856 Sq.Ft.
Bedrooms4
Baths4
HeatingCentral
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Hardwood, Linoleum
FireplaceNo
AppliancesDishwasher, Electric Oven, Gas Cooktop
Interior FeaturesCathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, Kitchen Island, Laminate Counters, Open Floorplan, Primary Downstairs, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
LaundryLaundry Room, Main Level
Exterior FeaturesPrivate Yard, Rain Gutters
StyleRanch, Transitional
Year Built2005
ConstructionBrick Veneer
RoofShingle
FoundationBlock, Brick/Mortar
ParkingDriveway, Garage
StatusActive
Lot Size1.6 Acres
Lot FeaturesBack Yard, Front Yard, Landscaped
SubdivisionJoseph Reaves Estates
CountyOrange
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 1, 2026
UtilitiesElectricity Connected
SewerSeptic Tank
Water SourcePrivate, Well
HOANo
ElementaryChapel Hill Carrboro - Charles and Lucile McDougle Elementary School Elementary School
MiddleChapel Hill Carrboro - Charles and Lucile McDougle Middle School Middle School
HighChapel Hill Carrboro - Chapel Hill High School High School
Presented By: Mark Spain Real Estate; homes@markspain.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 1, 2026 Price Reduced $799,000 → $774,000 ▾ $25,000 (3.1%)

Monthly Cost Estimate

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