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140 Perch Ln, Hillsborough, NC, 27278

4beds
4baths
3,180sqft
$1,069,000
$336price/sqft
$6,876/moest. monthly cost
$275,040/yrincome needed

About This Home

140 Perch Lane is a Grayrose Builders Spec Home. The photos represent the quality and craftsmanship of a Grayrose Built home. This custom home is located on a 2.05 -acre lot. Features Include: 3180 SF, 4BRs & 3.5 Baths, kitchen overlooks family rm w/FP, large owner's suite on 1st floor w/ a spa-like bath, heated tile flooring, dual vanities, and a huge walk-in closet. Upstairs offers 3 additional bedrooms & a bonus room. 3 Car Garage. Large bonus room above the 3-car garage. Utilities: Private Well , High-Speed Access, LP Gas, Perch Lane is a private paved road with a road maintenance agreement ,

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

8/10
New Hope ElementaryGrades PK-53.2 mi
4/10
A L Stanback MiddleGrades 6-83.4 mi
7/10
Cedar Ridge HighGrades 9-124.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Block,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Brick Veneer,Cement Siding

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Range,Microwave,Oven,Range,Refrigerator

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,180

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,180
  • Total interior livable area: 3,180 sqft

Property

Accessibility

  • Accessibility features: Central Living Area

Details

  • Parcel number: 9861278650
  • Zoning: Res
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes

Lot

  • Lot size: 2.03 Acres

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Orange 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 $5,405$64,860
Home Insurance *$320$3,840
Property Taxes $855$10,260
Electricity $296$3,554
Total$6,876$82,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$235,748/yr
40% on housing$206,280/yr
45% on housing$183,360/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: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$336This listing

vs Other Active Listings

Avg $/sqft

ZIP 27278$255
Orange County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 27278$236
Orange County$264

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
2026-05-20Listed for sale$1,069,000

New Construction

AgentLuther Misenheimer
BrokerageWard & Misenheimer Realtors

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