For sale

Price cut: $50K (10/24)

$2,300,000

557 Olives Chapel Rd, Apex, NC 27502

3beds

2,690sqft

Est.:

Single Family Residence, Residential

Built in 1996

12.8 Acres Lot

$-- Zestimate^®

$855/sqft

$-- HOA

What's special

Welcome to Olives Chapel Road. This home and outbuildings are nestled on 12.8 acres with a pond. Unrestricted, no HOA, no Covenants. This is a rare opportunity to buy an estate lot close to RDU, RTP, Downtown Cary and Apex but in Chatham County with lower taxes. Open fields. Pond. Build a hobby farm or a garage. Bring your horses. This property is a few hundred yards from Army Corp land and less than a mile from the shores of Jordan Lake. Without covenants or HOA you can park boats or an RV. Convenience and freedom.

526 days

1,108

30

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Heat Pump

Cooling

Central Air, Electric, Heat Pump

Appliances

Included: Dryer, Refrigerator, Washer
Laundry: Electric Dryer Hookup, Inside, Main Level

Features

Flooring: Carpet, Laminate, Tile
Basement: Crawl Space
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,690
Total interior livable area: 2,690 sqft
Finished area above ground: 2,690
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 10
Parking features: Driveway, Garage, Garage Faces Front, Gravel
Attached garage spaces: 2
Uncovered spaces: 10

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Has view: Yes

Lot

Size: 12.8 Acres
Dimensions: 474 x 1695 x 264 x 1488
Features: Cleared, Pond on Lot, Rectangular Lot, Wooded

Details

Additional structures: Workshop
Parcel number: 0072617
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence, Residential

Materials

Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1996

Utilities & green energy

Sewer: Septic Tank
Water: Private, Well
Utilities for property: Electricity Connected, Septic Connected, Water Connected, Propane

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Apex

Financial & listing details

Price per square foot: $855/sqft
Tax assessed value: $745,556
Annual tax amount: $6,497
Date on market: 7/23/2024
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,839/mo

Price history

Date	Event	Price
10/24/2025	Price change	$2,300,000-2.1%$855/sqft
Source: Doorify MLS #10042897 Report a problem
9/2/2025	Price change	$2,350,000-2.1%$874/sqft
Source: Doorify MLS #10042897 Report a problem
6/30/2025	Price change	$2,400,000-4%$892/sqft
Source: Doorify MLS #10042897 Report a problem
7/23/2024	Listed for sale	$2,500,000$929/sqft
Source: Doorify MLS #10042897 Report a problem