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5515 Pine Meadow Ln, Mebane, NC, 27302

3beds
2baths
1,605sqft
$394,900
$246price/sqft
$2,568/moest. monthly cost
$102,720/yrincome needed

About This Home

Tucked beneath tall Carolina pines on nearly an acre in the secluded Fieldview neighborhood, this is the kind of street where neighbors wave from the mailbox — and your elbow room is all yours. Inside this one-level ranch, absent HOA dues or city taxes, vaulted ceilings, abundant natural light, and a gas-log fireplace anchor an inviting living space, while the updated kitchen delivers quartz counters, tile backsplash, 2024 appliances, and cabinet space to spare. The primary suite offers a walk-in closet and en-suite bath with large tile shower. The former flex room has been thoughtfully transformed into a private bedroom with its own half bath — a rare find in a one-story home — and fresh paint and new carpet in the bedrooms (2026) make it move-in ready. Outside is where this property truly separates itself: a finished detached studio with its own AC unit makes an ideal playroom, hobby space, or quiet home office, plus a separate storage shed for tools. Sip morning coffee on the covered front porch, then wind down on the expansive 12x29 back deck overlooking a private, tree-lined backyard. The deck is hot tub ready with space and 220 outlet. New HVAC (2026), roof 2020, recent exterior refresh, and a location that keeps every commute short: 7 minutes to downtown Mebane, 7 minutes to I-40/85, 10 minutes to Hillsborough, with UNC Hillsborough, Duke, UNC, and Alamance Regional medical campuses all within easy reach. Unique properties with land, privacy, and finished outbuildings don't linger — schedule your showing today.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
Efland Cheeks ElementaryGrades PK-52.3 mi
7/10
Gravelly Hill MiddleGrades 6-82.8 mi
6/10
Orange HighGrades 9-126.7 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Water Heater
  • Laundry features: Electric Dryer Hookup,In Hall,Inside,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Chandelier,High Ceilings,Recessed Lighting,Smooth Ceilings,Stone Counters,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Skylight(s)
  • Flooring: Carpet,Hardwood,Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Fire Pit,Gas Log,Living Room,Propane
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,605
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Ductless,Heat Pump,None
  • Cooling features: Ceiling Fan(s),Central Air,Ductless,Electric,Gas,Heat Pump,Wall/Window Unit(s),Window Unit(s)

Interior Area

  • Total structure area: 1,605
  • Total interior livable area: 1,605 sqft

Property

Details

  • Parcel number: 9835793311
  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch,Porch
  • Exterior features: Barbecue,Fire Pit,Outdoor Grill,Private Yard,Rain Gutters,Storage
  • Fencing: Fenced
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.94 Acres
  • Features: Back Yard,Many Trees

Parking

  • Parking features: Asphalt,Driveway,Parking Pad,Paved

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

  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $1,996$23,952
Home Insurance *$123$1,476
Property Taxes $249$2,988
Electricity $200$2,405
Total$2,568$30,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,045/yr
40% on housing$77,040/yr
45% on housing$68,480/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

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 27302$181
Orange County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 27302$169
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
2026-07-16Listed for sale$394,900
2023-06-15Sold$351,000
2023-05-15Contingent$315,000
2023-05-11Listed for sale$315,000
2020-09-03Sold$245,000
2020-08-06Pending sale$245,000
2020-08-06Listed for sale$245,000
2017-01-18Sold$194,900
2016-12-06Pending sale$194,900
2016-11-21Price change$194,900
2016-11-07Listed for sale$199,900
2016-09-21Listing removed$192,900
2016-08-26Pending sale$192,900
2016-08-15Price change$192,900
2016-08-07Listed for sale$199,900
2008-05-23Sold$179,500
2001-01-31Sold$141,500

For Sale by Agent

AgentThad Farlow
BrokerageFathom Realty NC, LLC

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