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$1,100,000 -$140,000 (-11.29%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 4,156 Sq. Ft.
  • 10.38 Acres
  • 2 Car Garage
  • Updated 2 days ago
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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.

Full Property Details for 5223 Margon Pl

General

  • Price: $1,100,000
  • HOA FEE: $50/month
  • HOA FEE FREQ.: Annually
  • Taxes: $5,262
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10135319
  • Updated: 1/14/2026
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior 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
  • 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
  • Flooring: Carpet, Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Hall, Upper Level

Additional Information

  • Shared Amenities: Other
  • Spa Description: None

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Covered, Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Basement, Circular Driveway, Garage, Garage Door Opener, Garage Faces Side, Gravel, Inside Entrance

Location

  • County: Orange
  • Subdivision: Orange Grove
  • Driving Directions: Suggest using GPS

School Information

  • Elementary School: Orange - Grady Brown
  • Middle School: Orange - A L Stanback
  • High School: Orange - Cedar Ridge

Community

  • Association: Yes
  • Assoc. Fees Include: Road Maintenance

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central, Forced Air, Propane

Utilities

  • Sewer: Private Sewer
  • Water: Well
  • Utility Description: Septic Connected

Structural Information

  • Architectural Style: Traditional, Transitional
  • Structure Type: Modular
  • Exterior Const.: Brick Veneer, Wood Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Finished, Partial, Walk-Out Access, Workshop
  • Roof: Asphalt, Shingle
  • Windows: Wood Frames
  • Stories/Levels: 3
  • Building Size: 4156
  • Square Feet: 4,156
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 3,844 Sq. Ft.
  • Finished Below Grnd: 312 Sq. Ft.
  • Year Built: 2004

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 10.38
  • Lot Size (Sq. Ft.): 452,152.8
  • Lot Dimensions: See plat map
  • Frontage: Private Road
  • Street/Road Desc.: Asphalt
  • Fence: Yes
  • Lot Features: Front Yard, Gentle Sloping, Hardwood Trees, Landscaped
  • Zoning: Residential
  • Fencing (Description): None

Financial Considerations

  • Association Fee: $600
  • Assoc Fee Freq.: Annually
  • Tax Amount: $5,262.26

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 9842802152
  • Lot Number: 2 & 3

Listed by Keller Williams Elite Realty, Anna Savage Terry (919) 730-8789 and Keller Williams Elite Realty, Lori Venable (919) 423-8308

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Listing agents

— 5223 Margon Pl —

  • Anna Savage Terry

    Keller Williams Elite Realty

  • Lori Venable

    Keller Williams Elite Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5223 Margon Pl

School District:Orange County Schools
NameGradesDistance
Grady Brown Elementary
1100 New Grady Brown Rd, Hillsborough, NC 27278
PK-54.3 mi
Gravelly Hill Middle
4801 West Ten Road, Efland, NC 27243
6-85 mi
A L Stanback Middle
3700 North Carolina 86, Hillsborough, NC 27278
6-85.6 mi
Cedar Ridge High
1125 New Grady Brown School Road, Hillsborough, NC 27278
9-124.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5223 Margon Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$1,100,000
-11.29%
MLS
12/01/2025
Listed
$1,240,000
175.56%
MLS
11/28/2018
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5223 Margon Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,967
29%
$964,100
73%
2024
$5,400
3%
$556,500
—
2023
$5,251
4%
$556,500
—
2021
$5,047
-2%
$556,500
—
2022
$5,172
2%
$556,500
6%
2021
$5,047
2%
$524,300
—
2018
$4,948
1%
$524,300
—
2017
$4,877
-3%
$524,300
—
2016
$5,053
1%
$521,781
—
2014
$4,981
2%
$521,781
—
2013
$4,877
—
$521,781
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5223 Margon Pl

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Elite Realty, Anna Savage Terry (919) 730-8789 and Keller Williams Elite Realty, Lori Venable (919) 423-8308

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5223 Margon Place, Hillsborough, NC 27278 (MLS# 10135319) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 5223 Margon Place is currently listed for $1,100,000 and was received on December 01, 2025. Want to learn more about 5223 Margon Place? Do you have questions about finding other Single Family real estate for sale in Hillsborough? You can browse all Hillsborough real estate or contact a Coldwell Banker agent to request more information.

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