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$289,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,579 Sq. Ft.
  • 0.04 Acres
  • 1 Car Garage
  • Updated 23 hours ago
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Welcome to The Village At Lake Michael - where a carefree lifestyle is combined with convenience. This 3BR/2.5BA townhome has been lovingly maintained by the same owner since it was built in 2007. You will love the natural light, the LVP flooring, and the covered patio with colorful landscaping. With a 2017 HVAC, HOA roof, & HOA landscaping, you can just relax and go enjoy the neighborhood pool! Or visit downtown Mebane, Tanger Outlets or downtown Hillsborough! Come see why The Village At Lake Michael is so special!

Full Property Details for 702 Village Lake Dr

General

  • Price: $289,000
  • HOA FEE: $198/month
  • Taxes: $3,026
  • Status: Active
  • Type: Townhouse
  • Source: 2218
  • MLS ID: 10177407
  • Updated: 7/1/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 10
  • Flooring: Carpet, Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Room, Upper Level

Additional Information

  • Shared Amenities: Clubhouse, Fitness Center, Landscaping, Maintenance Grounds, Parking, Picnic Area, Pond Year Round, Pool
  • Pool: Yes

Exterior

  • Exterior Features: Rain Gutters
  • Porch/Patio/Deck: Covered, Front Porch, Rear Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Additional Parking

Location

  • County: Orange
  • Subdivision: The Village at Lake Michael
  • Driving Directions: From downtown Mebane, take E. Brown Street and continue to Lebanon Road. Go about 1/2 mile and turn right on to Lake Michael Way. Take first left on Village Lake Drive. Go to the end of Village Lake Drive; home is on right. Guest parking is available in the cul-de-sac, if needed.
  • City Limits: Yes

School Information

  • Elementary School: Orange - Efland Cheeks Elementary
  • Middle School: Orange - Gravelly Hill Middle
  • High School: Orange - Orange High

Community

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Heat Pump
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Transitional
  • Structure Type: Site Built, Townhouse
  • Exterior Const.: Vinyl Siding
  • Roof: Shingle
  • Drive-In Doors: Storm Door(s)
  • Stories/Levels: 2
  • Building Size: 1579
  • Square Feet: 1,579
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 1,579 Sq. Ft.
  • Year Built: 2007

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742.4
  • Frontage: City Street
  • Street/Road Desc.: Paved
  • Zoning: R-8

Financial Considerations

  • Association Fee: $198
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,026.22

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 9825478963
  • Lot Number: 37

Listed by Howard Hanna Allen Tate Hillsb, Elizabeth Dougherty (919) 971-7537

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Listing agent

— 702 Village Lake Dr —

  • Elizabeth Dougherty

    Howard Hanna Allen Tate Hillsb

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 702 Village Lake Dr

School District:Orange County Schools
NameGradesDistance
Efland Cheeks Elementary
4401 Fuller Road, Efland, NC 27243
PK-54.1 mi
Hillsborough Elementary
402 North Nash Street, Hillsborough, NC 27278
K-58.2 mi
Gravelly Hill Middle
4801 West Ten Road, Efland, NC 27243
6-83.9 mi
Orange High
500 Orange High School Road, Hillsborough, NC 27278
9-129 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 702 Village Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2026
Listed
$289,000
80.06%
MLS
7/13/2007
Sold
$160,500
—
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 702 Village Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,026
30%
$291,000
54%
2024
$2,336
-2%
$189,500
—
2023
$2,379
-8%
$189,500
-2%
2021
$2,575
-1%
$192,500
—
2022
$2,600
1%
$192,500
31%
2021
$2,575
24%
$147,200
—
2018
$2,076
1%
$147,200
—
2017
$2,053
-5%
$147,200
-2%
2016
$2,157
56%
$149,839
—
2014
$1,383
2%
$149,839
—
2013
$1,353
—
$149,839
—
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 702 Village Lake Dr

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

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Howard Hanna Allen Tate Hillsb, Elizabeth Dougherty (919) 971-7537

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702 Village Lake Drive, Mebane, NC 27302 (MLS# 10177407) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 702 Village Lake Drive is currently listed for $289,000 and was received on July 01, 2026. Want to learn more about 702 Village Lake Drive? 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.

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