5223 Margon Place
Hillsborough, NC, 27278 $ 900,000
Bedrooms4 Baths4.1 Sq 4,599 Monthly Estimate*
$ 6,216
for $900,000 with 4 bedrooms and 4 full baths, 1 half bath. This 4,599 square foot home was built in 2002 on a lot size of 10.38.
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.
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Single Family ActiveTraditional, Transitional
FeaturesGeneralSewer 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
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InteriorInterior 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
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ExteriorExterior 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
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* Excluded FeaturesList ByVlad FeldmanListing Agent
vlad@therelentlessteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,216
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Hillsborough, NC
Average List Price $666,931
Percent of Sale Price 26%
About Hillsborough, NC 7,182 Population
17% Since 2002
$ 58,018 Median Income
40.72 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Orange - Cedar Ridge High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/19/2026 | $900,000 | | Listed Price |