Hillsborough, NC 27278,5236 Margon Place
Listed by Berkshire Hathaway HomeService
Bought with Paradigm Properties
$2,335,000
Est. payment /mo
$2,470,050
5.5%
Est.Price: ?

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4 Beds
5 Baths
5,171 SqFt
SOLD DATE : 07/26/2023

Key Details

Sold Price $2,335,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 5,171 sqft

Price per Sqft $451

Subdivision Orange Grove

MLS Listing ID 2505676

Sold Date 07/26/23

Style Site Built

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Fees $50/ann

HOA Y/N Yes

Abv Grd Liv Area 5,171

Originating Board Triangle MLS

Year Built 2013

Annual Tax Amount $9,567

Lot Size 10.500 Acres

Acres 10.5

Property Sub-Type Single Family Residence

Property Description

This magical, one-of-a-kind oasis is gracefully situated on 10+ acres just minutes south of charming Hillsborough. The stonewalls along the drive to the front door and the detached garage with port cochere provide a foretaste of the elegance and quality that abounds throughout. Once inside, the exposed beams, high ceilings, stone fireplaces, and copious windows create warmth and closeness with the natural surroundings. Hickory wood floors with walnut and cherry inlay and distinctive travertine add to the elegance. Notice the multiple outdoor features that accentuate what this property has to offer...covered front and back flagstone porches, multiple stone terraces and walls, exquisite koi pond, fire pit surrounded by stone seating, and a recreational bocce ball court. The carriage house sits ~300' to the south of the main house and includes 1000 sq ft apartment above a 4 bay garage. Two of the bays currently set up as an elaborate workshop. A 16 X 16 building is used for storage of equipment but could make great horse barn and horses are allowed at Margon Place.

Location

State NC

County Orange

Direction From DT Hillsborough, south on Churton. Right on Orange Grove. Left on Margon. From I40 Exit 263 New Hope Church Rd. South on New Hope Ch. Continue to Arthur Minnis Rd. Right on Borland Rd. Left on Orange Grove Rd. Left on Margon Pl.

Rooms

Other Rooms Guest House, Shed(s), Storage, Workshop

Basement Daylight, Exterior Entry, Finished, Full, Interior Entry, Unfinished

Interior

Interior Features Apartment/Suite, Bookcases, Pantry, Ceiling Fan(s), Double Vanity, Dressing Room, Entrance Foyer, High Ceilings, In-Law Floorplan, Master Downstairs, Room Over Garage, Shower Only, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar

Heating Electric, Heat Pump, Propane

Cooling Central Air

Flooring Carpet, Hardwood, Tile

Fireplaces Number 2

Fireplaces Type Blower Fan, Family Room, Insert, Living Room, Propane, Stone, Wood Burning

Fireplace Yes

Appliance Dishwasher, Electric Water Heater, Gas Range, Microwave, Range Hood, Refrigerator

Laundry Laundry Room, Main Level, Multiple Locations

Exterior

Exterior Feature Lighting

Garage Spaces 4.0

View Y/N Yes

Porch Covered, Glass Enclosed, Patio, Porch

Garage Yes

Private Pool No

Building

Lot Description Cul-De-Sac, Garden, Hardwood Trees, Landscaped, Partially Cleared, Secluded, Wooded

Faces From DT Hillsborough, south on Churton. Right on Orange Grove. Left on Margon. From I40 Exit 263 New Hope Church Rd. South on New Hope Ch. Continue to Arthur Minnis Rd. Right on Borland Rd. Left on Orange Grove Rd. Left on Margon Pl.

Sewer Septic Tank

Water Well

Architectural Style Contemporary

Structure Type Cedar,Stone

New Construction No

Schools

Elementary Schools Orange - Grady Brown

Middle Schools Orange - A L Stanback

High Schools Orange - Cedar Ridge

Others

HOA Fee Include Road Maintenance

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agent

Olumide Olurinmade

+1(919) 699-2200

Broker | License ID: 270678

Broker License ID: 270678

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