1985–86 North Carolina Tar Heels men's basketball team

The 1985–86 North Carolina Tar Heels men's basketball team represented the University of North Carolina from Chapel Hill, North Carolina during the 1985–86 NCAA Division I men's basketball season.

Led by head coach Dean Smith, the Tar Heels completed yet another in a long line of impressive seasons, holding the #1 ranking in the AP poll for 13 consecutive weeks, and reaching the Sweet Sixteen in the NCAA tournament before falling to eventual national champion, Louisville.

On January 18, 1986, #1 North Carolina defeated #3 Duke 95–92 in the first game played at the Dean Smith Center.

Schedule and results
!colspan=9 | Regular Season

!colspan=9 | ACC Tournament

!colspan=9 | NCAA Tournament