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.