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$289,900 Just Listed
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Property Description
2BD/2BA residence in the sought-after community surrounding Lake Michael offers an exceptional blend of modern living and unbeatable location, all at a price point designed to attract attention in today's competitive Mebane market. Quality craftsmanship defines this home from top to bottom. The construction reflects careful attention to detail, delivering a low-maintenance lifestyle without sacrificing style or durability. The two-bedroom layout flows with purpose, providing comfortable retreats for restful nights and dual full bathrooms that eliminate the morning rush. It's a smart, move-in-ready space ideal for anyone seeking to simplify without compromise. Just a short distance from your front door,1/4 mile away - inviting you to enjoy scenic trails, tranquil waters, and outdoor recreation. Lakeside picnics and weekend escapes become effortless additions to your routine. Commuters will appreciate the nearby Efland-Cheeks Community Center, expanding access throughout the region.
Full Property Details
Full Property Details for 1020 Lake Michael Way
General
- Price: $289,900
- HOA FEE: $188/month
- Taxes: $3,205
- Status: Active
- Type: Townhouse
- Source: Triad_MLS
- MLS ID: 1225950
- Updated: 6/27/2026
- Added to Site: 5 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- 1st/Main Floor Primary: Yes
Additional Information
- Pool: Yes
- Pool Description: In Ground, Community, Private
Exterior
- Patio/Terrace: Yes
Parking
- Garage Description: Attached Garage
- Garage Spaces: 1
- Parking Features: Driveway, Garage, Attached
Location
- County: Orange
- Subdivision: The Village At Lake Michael
- Driving Directions: Hwy 70 left on 9th st right on brown st right on lake michael way
School Information
- Elementary School: Efland-Cheeks Global
- Middle School: Gravelly Hill
- High School: Orange
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick, Stone, Vinyl Siding
- Stories/Levels: One
- Square Feet: 1,182
- Heated/Cooled: 1,182 Sq. Ft.
- Year Built: 2017
Additional Structures
- Other Structures: Pool House
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 30 x 75 x 30 x 75
- Road Maintenance: Public Maintained Road
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $5,798,000
- Association Fee: $188
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,205
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Sweatt Realty Llc
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Schools
Schools serving 1020 Lake Michael Way
School District:Orange County Schools
| Name | Grades | Distance |
|---|---|---|
Efland Cheeks Elementary 4401 Fuller Road, Efland, NC 27243 | PK-5 | 4 mi |
Hillsborough Elementary 402 North Nash Street, Hillsborough, NC 27278 | K-5 | 8.2 mi |
Gravelly Hill Middle 4801 West Ten Road, Efland, NC 27243 | 6-8 | 3.8 mi |
Orange High 500 Orange High School Road, Hillsborough, NC 27278 | 9-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1020 Lake Michael Way
Date
Details
Price
Change
Source
6/27/2026
Listed
$289,900
74.11%
MLS
8/08/2017
Sold
$166,500
—
Public Record
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
Tax History for 1020 Lake Michael Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,205
30%
$308,700
55%
2024
$2,463
-2%
$199,800
—
2023
$2,503
-6%
$199,800
—
2021
$2,670
-1%
$199,800
—
2022
$2,695
1%
$199,800
25%
2021
$2,670
—
$159,800
—
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
Estimate the Cost for 1020 Lake Michael Way
1020 Lake Michael Way, Mebane, NC 27302 (MLS# 1225950) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 1020 Lake Michael Way is currently listed for $289,900 and was received on June 27, 2026. Want to learn more about 1020 Lake Michael Way? Do you have questions about finding other Townhouse real estate for sale in Mebane? You can browse all Mebane real estate or contact a Coldwell Banker agent to request more information.

