For Sale House MLS# 10203197

5223 Margon Place

Hillsborough, NC 27278

$900,000

  • 4Beds
  • 5Baths
  • 4,599Sq Ft
  • 10.38Acres
  • 2002Built
  • $196Per Sq Ft
  • 2Days Listed
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About 5223 Margon Place

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.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
2002
Stories
2
Living area
4,599 sqft
Price / sqft
$196
Lot
10.38
Full baths
4
Half baths
1
Original price
$900,000
MLS #
10203197

Interior

Features
Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Stone Counters, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Second Primary Bedroom, Bathtub/Shower Combination, Walk-In Shower, Smooth Ceilings, Bath/Stubbed, Concrete, Daylight, Exterior Entry, Partially Finished, Unfinished, Walk-Out Access
Appliances
Dryer, Down Draft, Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Washer/Dryer, Water Softener, Water Softener Owned
Flooring
Carpet, Ceramic Tile, Hardwood, Tile, Wood
Heating
Forced Air, Propane
Cooling
Central Air, Ceiling Fan(s)
Laundry
Laundry Closet, In Hall, Inside, Washer Hookup
Windows
Wood Frames

Exterior & lot

Features
Traditional, Transitional, Private Yard, Rain Gutters, Smart Camera(s)/Recording
Construction
Brick, Brick Veneer, Wood Siding
Roof
Asphalt, Shingle
Foundation
Concrete Perimeter, Permanent
Lot
AR
Patio & porch
Covered, Deck, Front Porch, Patio, Rear Porch, Wrap Around
View
Forest, Trees/Woods
Parking
Attached, Basement, Drive Through, Driveway, Garage, Garage Door Opener
Garage spaces
2

Schools

District
Orange County Schools
Elementary
Orange - Grady Brown Elementary
Middle
Orange - A L Stanback Middle
High
Orange - Cedar Ridge High

Utilities

Utilities
Septic Tank, Well
Water
Well
Sewer
Septic Tank
Security
24 Hour Security, Fire Sprinkler System, Smoke Detector(s)

Financial

HOA
Yes
Financial
Doorify MLS
Annual tax
$6,829
Tax year
2025
Parcel
9842802152
Legal
3 Recomb 2&3 Orange Grove Park P60/5 & .17A P85/96
Special conditions
Standard

Location

Subdivision
Orange Grove
County
Orange
Community
Gated, Private Road, Road Maintenance, 600.0, Annually

Ask about this property

Questions on 5223 Margon Place, Hillsborough, NC 27278, or want to see it in person?

Listed by Vlad Feldman, Real Broker, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.