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Recreational Land with Home for Sale in Hillsborough, North Carolina

5223 Margon Pl, Hillsborough, NC 27278

$1,100,000
10.4 acres
Active
$140k drop
Est $5,878/mo

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.

4,156
Sq feet
4
Beds
3
Full baths
1
1/2 bath
2004
Built

Location

Street address
5223 Margon Pl
Community
Orange Grove
Elevation
698 feet
Coordinates
36.0039, -79.1748

Property details

Acreage
10.38 acres
Zoning
Residential
MLS #
DMLS 10135319
Posted

Property taxes

2024
$5,262 - 3 Recomb 2&3 Orange Grove Park P60/5 & .17A P85/96

Expenses

Home Owner Assessments Fee
$600 annually

Parcels

  • 9842802152

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Lot

Vegetation
Heavily Wooded
Features
Front Yard, Gentle Sloping, Hardwood Trees, Landscaped

Exterior

Parking Spaces
7
Parking
Driveway, Garage, Open, Underground/Basement
Pool
Deck

Structure

Stories
3
Basement
Exterior Entry, Finished, Partial, Walk-Out Access
Water
Well
Sewer
Private Sewer
Heating
Central, Forced Air, Propane
Cooling
Ceiling Fan(s), Central Air
Materials
Brick Veneer, Wood Siding
Roof
Asphalt, Shingle
Windows
Wood Frames

Interior

Room Count
10
Rooms
Basement, Bathroom x 4, Bedroom x 4, Dining Room, Family Room, Game Room, Laundry Room x 2
Flooring
Carpet, Ceramic Tile, Hardwood
Appliances
Dishwasher, Down Draft, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Water Softener, Water Softener Owned
Features
Bathtub/Shower Combination, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-In Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Pantry, Second Primary Bedroom, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
Orange - Grady BrownElementary
Orange - A L StanbackMiddle
Orange - Cedar RidgeHigh

Listing history

DateEventPriceChangeSource
Jan 15, 2026Price drop$1,100,000$140,000 -11.3%DMLS
Dec 1, 2025New listing$1,240,000DMLS
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This 10.38-acre property is located at 5223 Margon Pl in Hillsborough, NC 27278. The property is available for sale for $1,100,000. It has a 4,156 sq ft 4 bedroom, 3 bath house built in 2004.

Checked 7 hours ago — Updated

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