Views
Address
5223 Margon Place, Hillsborough, NC
Price
$ 900,000
Property Attributes
- MLS#10169077
- TypeSingle Family
- Listing Status Active
- CountyOrange
- CityHillsborough
- NeighborhoodOrange Grove
- Zip27278
- StyleTraditional, Transitional
- Year Built2002
- Price$ 900,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage4599
- Lot Size10.38 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Private 10-Acre Estate | Dual Primary Suites | Chef's Kitchen | Minutes to Chapel Hill. Tucked at the end of a quiet road on 10.38 private, wooded acres, 5223 Margon Place is the rare estate that delivers true seclusion without sacrificing convenience. Just 20 minutes from Chapel Hill, UNC, and historic downtown Hillsborough, with easy access to I-40 and I-85, this exceptional property offers over 4,100 finished square feet of thoughtfully designed living space across three levels. The moment you step inside, gleaming hardwood floors guide you through soaring cathedral ceilings with rich wood beam accents and an expansive open-concept layout built for everyday comfort and gracious entertaining. The heart of the home is the chef's kitchen, a true showpiece featuring a high-end gas range, sprawling granite center island, stainless steel appliances, abundant custom cabinetry, dual sinks, breakfast bar, and extensive recessed lighting. A signature expanded window floods the space with natural light and is perfect for cultivating fresh herbs year-round. What sets this home apart is the rare flexibility of two spacious primary suites, one conveniently on the main level and a second on the upper floor. It's an ideal setup for multigenerational living, in-laws, or long-term guests. The upper primary suite delivers a beautifully updated spa-inspired bath with walk-in shower, dual vanities, custom cabinetry, hardwood flooring, and a generous walk-in closet. A dramatic family room with soaring cathedral ceiling anchors the home, while a formal living room offers additional versatility for hosting. Seamless indoor-to-outdoor living awaits through multiple access points to expansive covered and open decks overlooking the tranquil, wooded backyard. Whether it's morning coffee, an evening gathering, or simply taking in the natural surroundings, this is where the home truly comes alive. The finished walk-out lower level adds even more value, with heated and cooled recreational space ideal for a media room, gym, or playroom, plus a workshop area, generous storage, and an oversized attached garage with interior entry. Standout features include newer HVAC systems (2020 and 2021), dual tankless water heaters for endless hot water throughout the home, an owned water softener system, whole-home propane, a circular driveway with abundant parking, private well and septic, three levels of beautifully designed living, and accessibility-friendly design throughout including accessible bedroom, kitchen, and central living area. Tucked among mature hardwoods with remarkable privacy yet moments to historic downtown Hillsborough and a short drive to Chapel Hill, UNC, Duke, and the Research Triangle, this property is also part of the Grady Brown Elementary, A.L. Stanback Middle, and Cedar Ridge High school district. It's estate living without the commute, and the kind of opportunity that doesn't come around often. Schedule your private tour today. Please note that a portion of the home's finished square footage was completed without permits, including the finished lower level and the kitchen and primary bath remodels. Buyer and buyer's agent to verify all square footage and permit status to their satisfaction.
| Elementary School | Middle School | High School |
|---|---|---|
| Orange - Grady Brown Elementary Elementary School | Orange - A L Stanback Middle Middle School | Orange - Cedar Ridge High High School |
| Price History | |
|---|---|
| 8/19/2026 | Listed $900,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Forced Air,Propane |
| Cooling | Ceiling Fan(s),Central Air |
| Roof | Asphalt,Shingle |
| Appliances | Dishwasher,Down Draft,Dryer,Free-Standing Gas Oven,Free-Standing Gas Range,Free-Standing Refrigerator,Gas Range,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Washer,Washer/Dryer,Water Softener,Water Softener Owned |
| Zoning | AR |
| HOA Fee | 600 |
| Garage Spaces | 2 |
| Association Fee Includes | Road Maintenance |
| Patio/Porch Features | Covered,Deck,Front Porch,Patio,Rear Porch,Wrap Around |
| Architectural Style | Traditional,Transitional |
| Construction Materials | Brick,Brick Veneer,Wood Siding |
| Year Built | 2002 |
| View | Forest,Trees/Woods |
| Stories Count | 2 |
| Levels | Three Or More,Two |
| Property Subtype | Single Family Residence |
| Community Features | Gated |
| Assoc Fee Paid Per | Annually |
| County | Orange |
| New Construction | false |
| Property Type | Residential |
| HOA | true |
| Attached Garage | true |
| Subdivision Name | Orange Grove |
| Garage Y/N | true |
| Total Rooms | 15 |
| Full Baths | 4 |
| Status | Active |
| Directions | From I-40, take Exit 263 (New Hope Church Road). Head south on New Hope Church Road, crossing Old NC-86 where the road becomes Arthur Minnis Road. Continue to a right on Borland Road, then left onto Orange Grove Road. Turn left onto Margon Place. Home is on the right. |
| High School | Orange - Cedar Ridge High |
| City | Hillsborough |
| Senior Community Y/N | false |
| Open Parking Spaces | 10 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 452151 |
| Elementary School | Orange - Grady Brown Elementary |
| Tax Annual Amount | 6828.72 |
| Middle/Junior High School | Orange - A L Stanback Middle |
| Virtual Tour | https://www.zillow.com/view-imx/81403032-3e21-4876-a601-991cdaf41b78?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Structure Type | House |
| Standard Status | Active |
Interior Features
| Interior Amenities | Bathtub/Shower Combination,Breakfast Bar,Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Eat-in Kitchen,Entrance Foyer,Granite Counters,High Ceilings,Kitchen Island,Pantry,Recessed Lighting,Second Primary Bedroom,Smooth Ceilings,Stone Counters,Track Lighting,Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower |
|---|---|
| Basement | Bath/Stubbed,Concrete,Daylight,Exterior Entry,Partially Finished,Unfinished,Walk-Out Access |
| Flooring | Carpet,Ceramic Tile,Hardwood,Tile,Wood |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Wood Frames |
| Above Grade Finished Area | 4156 |
| Half Baths | 1 |
| Laundry Features | In Hall,Inside,Laundry Closet,Washer Hookup |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 443 |
| Above Grade Finished Area Source | Appraiser |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | Private Yard,Rain Gutters,Smart Camera(s)/Recording |
|---|---|
| Parking Features | Attached,Basement,Drive Through,Driveway,Garage,Garage Door Opener |
| Lot Features | Front Yard,Gentle Sloping,Hardwood Trees,Landscaped,Sloped |
| Water Source | Well |
| Lot Size Area | 10.38 |
| Foundation Details | Concrete Perimeter,Permanent |
| Building Area Total | 4599 |
| Lot Size Acres | 10.38 |
| Road Surface Type | Asphalt,Gravel |
| Door Features | French Doors |
| Road Frontage Type | Private Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27278
Price
Year Built
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