Dazzling 16 + acre parcel on Dairyland Road offering private and idyllic setting with over 1,000 feet of frontage on Morgan Creek and a brief, low stress, 10 minute drive to Chapel Hill via Hillsborough Rd. or Highway 54. This outstanding property is located in the Chapel Hill Carrboro School District with Orange County base zoning of Rural Buffer and University Lake protected watershed overlay. This zoning classification allows subdivision of parcels that existed prior to October 2, 1989. See listing photos for relevant sections from the Orange County UDO. Property includes a 2.5 acre parcel with an existing duplex with septic permit for 4 bedrooms. An additional 14 + acres of vacant land located on the North side of Morgan Creek includes gentle topography, an old farm road running parallel to creek, and mature mix of Pines, Beech, Poplar and Oaks. The vacant land has been evaluated by a licensed soil scientist and includes ample area of soil suitable for septic drain fields. This unique property is well suited for development as a low density conservation oriented neighborhood, or develop as a luxury home site with creek front guest cottages for visitors. Contact listing agent with questions. Seller will entertain offers on standard form 580L-T and proof of funds must accompany all offers.