House of the Day: Whoa! A Horse Ranch in the City

Ever yearn for country life in an urban setting? Well, then this Southern horse ranch is for you.

The $1.9 million estate spans 19 acres in Chapel Hill, N.C., and boasts a commercial grade stable designed to hold 7 to 10 horses. As part of the state's "Present Use Property Tax Program" the property has an unusually low tax rate, and covers pastures and woodland that can be subdivided into six lots.

The house itself is a 3,465-square-foot, brick ranch-style home with five bedrooms, four bathrooms, multiple fireplaces, a basement, and a hot tub. It's three miles from the University of North Carolina campus in Chapel Hill.

Desiree Goldman has the listing.

Click on the images below to see some other Southern-fried estates:

See more Houses of the Day and homes for sale in Chapel Hill, N.C. on AOL Real Estate.

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