LKV Realty
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$1,100,000
$6,000Reward *
5223 Margon Place, Hillsborough, NC 27278Listing ID 10135319

5223 Margon Place, Hillsborough, NC 27278

Active
Orange Grove
Time on site: 259 daysLast updated: Jan 27, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
4,156
Acres
Acres
10.38
Days on Site
Days on Site
259
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Central, Forced Air, Propane
Year Built
Year Built
2004
Stories
Stories
3
Garages
Garages
2
Parking
Parking
Basement, Circular Driveway, Garage Faces Side, Garage, Garage Door Opener, Gravel, Inside Entrance

Huge Price Reduction! 5223 Margon Place is a truly exceptional estate set on over 10 private acres just minutes from Chapel Hill and Hillsborough. This expansive home offers thoughtfully designed living spaces ideal for both everyday comfort and gracious entertaining. Featuring two spacious primary bedrooms—one on the main level and one on the second floor—the layout provides flexibility for multigenerational living or long-term guests. A formal living room welcomes gatherings, while the impressive family room showcases a soaring cathedral ceiling with rich wood accents creating a warm and inviting focal point. Gleaming hardwood floors span the main level and extend into portions of the second floor. The chef's kitchen is a standout, complete with a high-end industrial gas range, expansive granite center island, abundant cabinetry, stainless steel appliances, and dual sinks for enhanced functionality. The space is flooded with natural light and features extensive recessed lighting, along with a unique expanded window—perfect for cultivating fresh herbs year-round. Enjoy seamless indoor-to-outdoor living with multiple access points to both covered and expansive open decks, ideal for entertaining family and friends while taking in the tranquil natural surroundings. The second-floor primary suite offers a beautifully updated bath with a spacious walk-in shower, dual vanities, custom cabinetry, hardwood flooring, and a generous walk-in closet. The lower level includes finished, heated and cooled recreational space, plus additional conditioned area perfect for a workshop and abundant storage. Additional amenities include tankless water heaters and an oversized garage on the lower level. With its remarkable privacy, thoughtfully designed interiors, and convenient location, this special property offers the best of refined country living just moments from town. Kitchen and primary bath remodels werent permitted.

Property Information

Property Details

Location

Address
5223 Margon Place
County
Orange
City
Hillsborough
Zip Code
27278
Subdivision
Orange Grove
High School
Orange - Cedar Ridge
Elementary School
Orange - Grady Brown
Anna TerryKeller Williams Elite Realty, (984) 244-5830

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
1
Full Bathrooms
3
Half Bathrooms
1

Building

Building Information

Square Feet
4,156
Year Built
2004
Stories
3
Construction
Brick Veneer, Wood Siding
Foundation
Permanent
Roof
Asphalt, Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$5,262
Tax Year
2024

Homeowner Association

HOA Fee
$600
HOA Fee Frequency
Annually

Market Report for 27278

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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