By: Ben Tobin, Triangle Business Journal
More high-end homes are being built just minutes from downtown Pittsboro. TBJ FILE PHOTO
After first being proposed a few years ago, a large subdivision just north of Pittsboro
could soon come to fruition.
Corbett Landing, a proposed subdivision with 114 single-family homes spanning across
nearly 200 acres off Old Graham Road, received final plat approval from the Pittsboro
Planning Board Monday, according to Ford D'Aprix, president of the Chapel Hill-based
Rexford Group, the developer for the project.
The next step is to receive final approval from the Pittsboro Board of Commissioners.
D'Aprix said the project is in the "tail end" and will be delivering lots by the end of the year, with the first homes being "ready or close to delivery" by next summer. The subdivision will have three custom builders: Raleigh-based Homes by Dickerson, Texas-based Drees Homes, and Rexford Group. Hart & Olive Real Estate Group is marketing the property.
D'Aprix declined to name a starting price for the homes. A website for the subdivision
describes it as a "beautiful neighborhood in tune with nature with homes in the $800s."
The developer paid roughly $3.5 million for the land back in December 2020, according
to Chatham County deed records, and it was annexed into the Town of Pittsboro the
following year.
The lots will be 1.1 to 1.8 acres, which will help ensure the privacy of those in the
neighborhood and residences already on Old Graham Road, according to D'Aprix.
“When we came into Pittsboro, it was always our intention to maintain the integrity of
the rural area that we bought the land in," D'Aprix said. "I wasn’t interested in high-
density; I wanted low-density. So by design, it was important that all adjoins around the
property still had their privacy.”
With the neighborhood offering privacy in a wooded area while also having close
proximity to downtown Pittsboro and Chatham Park, D'Aprix said it is a "unicorn."
"There's nothing like this in the area," he said.
With a population of just shy of 80,000, Chatham County has seen major growth over
the past couple of years, with the U.S. Census Bureau estimating the county has jumped
in population by 4.7 percent. Along with that growth has come the proliferation of
luxury single-family homes for people looking for more space and a slower pace of life.
Note: This article appeared in the Triangle Business Journal on October 19, 2023
Ben Tobin covers real estate and economic development in the Greater Triangle, focusing on the counties outside Wake and Durham. Have a tip? Reach him at btobihn@bizjournals.com or (919) 327-1012.
Comments