Mount Gilead · Mount Gilead, NC
589 Newport Drive
Mount Gilead, NC · 2,058 sqft
$389,500
Reduced from $397,500
- 3Beds
- 2.5Baths
- 2,058SqFt
- 2020Year
- 165Days on market
About this home
Wake up just minutes from the water in this move-in-ready Lake Tillery retreat in Mount Gilead! Affordable Lake Tillery living without the waterfront price tag. Located in a lake-access community in Mount Gilead, this home offers space, privacy, and easy access to boating, swimming, and everything Lake Tillery is known for. Woodrun residents enjoy resort-style amenities including a lakefront clubhouse and outdoor pool, tennis/pickleball courts, playground, trails, community boat ramp, community pier, and boat slip/dry storage leasing (waitlist applies). Conveniently located near Uwharrie National Forest, Morrow Mountain State Park, and just 1–1.5 hour drive from Charlotte, Greensboro, Winston-Salem, and Pinehurst. This home is ideal for full-time living, weekend escapes, and has short-term rental potential! Offering 3 bedrooms, 2.5 baths, and a spacious bonus room above the attached, oversized one car garage, this home blends comfort and style. The open great room is ideal for entertaining, while the primary suite feels like a retreat with a tray ceiling, an en-suite bathroom with tile shower, soaking tub, dual granite vanities, and two walk-in closets. The kitchen boasts a center island, granite countertops, and stainless appliances. Step out from the breakfast area to a large back deck overlooking your private yard—perfect for morning coffee or evening gatherings. Life at Lake Tillery is calling!
Property details
- Beds
- 3
- Baths
- 2.5
- SqFt
- 2,058
- Lot
- —
- Year built
- 2020
- Type
- Single Family
- Days on market
- 165
- Garage
- 1
- Style
- Traditional
- Heating
- Electric, Heat Pump
- Cooling
- Electric, Heat Pump
- Foundation
- Crawl Space
- Flooring
- Carpet, Vinyl
- HOA dues
- $845 / yr
Features
- Garden Tub
- Kitchen Island
- Walk-In Closet(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$2,937/ month
- Principal & interest
- $2,412
- Property tax (~1.05%)
- $340
- Homeowners insurance
- $113
- HOA dues
- $70
Down payment
$19,475 down · $370,025 financed
Income to qualify (28% rule)
~$125,876 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.