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403 Fairway Dr, Mebane, NC, 27302

4beds
3baths
2,053sqft
$390,000
$190price/sqft
$2,550/moest. monthly cost
$102,000/yrincome needed

About This Home

NEW PRICE! Buyers may qualify for $15,000 in down payment assistance through NC Housing. Check with your lender for eligibility and program requirements. Welcome to 403 Fairway Drive, a four-bedroom, 2.5-bath home offering approximately 2,053 square feet in Mebane’s Arrowhead community. The main level features hardwood floors, a dedicated office or flex room, a spacious living area with fireplace, and an open kitchen with granite countertops, stainless steel appliances, island seating, ample cabinetry, and a pantry. Sliding doors lead to the rear patio and fenced backyard. Upstairs includes a spacious primary suite with walk-in closet and private bath, plus three additional bedrooms and a full hall bath. Additional features include a two-car garage, community pool, playground, walking trails, sidewalks, and ponds. Convenient to downtown Mebane, Tanger Outlets, and I-40/I-85.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
South Mebane ElementaryGrades K-50.6 mi
9/10
Hawfields MiddleGrades 6-82.3 mi
6/10

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Slab
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick/Site Built,Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Ice Maker,Free-Standing Range,Cooktop,Electric Water Heater

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Lower

Features

  • Flooring: Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 2,053

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,053
  • Total interior livable area: 2,053 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Office

  • Level: Main

Property

Details

  • Parcel number: 172861
  • Zoning: r
  • Special condition: Owner Sale

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Patio & porch: Porch
  • Fencing: Fenced

Lot

  • Lot size: 0.15 Acres
  • Features: City Lot,Not in Flood Zone

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Inland Flooding
Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters in Alamance County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,972$23,664
Home Insurance *$122$1,464
Property Taxes $256$3,072
Electricity $200$2,405
Total$2,550$30,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,428/yr
40% on housing$76,500/yr
45% on housing$68,000/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.3%
14.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$190This listing

vs Other Active Listings

Avg $/sqft

ZIP 27302$181
Alamance County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 27302$169
Alamance County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$379,999
2026-08-05Price change$387,500
2026-07-21Listed for sale$390,000
2016-08-18Sold$221,210

For Sale by Agent

AgentJoshua Jones
BrokerageImage Realty Group

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