For sale

$289,900

1020 Lake Michael Way, Mebane, NC 27302

2beds

1,182sqft

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Stick/Site Built, Residential, Townhouse

Built in 2017

0.05 Acres Lot

$-- Zestimate^®

$--/sqft

$188/mo HOA

What's special

Quality craftsmanshipTranquil waters

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.

21 days

349

23

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Heating

Forced Air, Electric

Cooling

Central Air

Appliances

Included: Electric Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,182
Total interior livable area: 1,182 sqft
Finished area above ground: 1,182

Property

Parking

Total spaces: 1
Parking features: Driveway, Garage, Attached
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Porch
Has private pool: Yes
Pool features: In Ground, Community, Private
Fencing: None

Lot

Size: 0.05 Acres
Dimensions: 30 x 75 x 30 x 75

Details

Additional structures: Pool House
Parcel number: 9825479097000
Zoning: res
Special conditions: Owner Sale

Construction

Type & style

Home type: Townhouse
Property subtype: Stick/Site Built, Residential, Townhouse

Materials

Brick, Stone, Vinyl Siding
Foundation: Slab

Condition

Year built: 2017

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: The Village At Lake Michael

HOA

Has HOA: Yes
HOA fee: $188 monthly

Location

Region: Mebane

Financial & listing details

Tax assessed value: $308,700
Annual tax amount: $3,205
Date on market: 6/27/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/27/2026	Listed for sale	$289,900+74.4%
Source: Triad MLS #1225950 Report a problem
8/8/2017	Sold	$166,200$141/sqft
Source: Doorify MLS #2136829 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,205 +30.1%	$308,700 +54.5%
2024	$2,463 -1.6%	$199,800
2023	$2,503 -7.1%	$199,800
2022	$2,695 +0.9%	$199,800
2021	$2,670 +19.6%	$199,800 +25%
2020	$2,233 +0.2%	$159,800
2018	$2,229 -0.6%	$159,800
2017	$2,242	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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