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  • $1,775,000

    205 Water Oak Way, Mount Gilead, NC 27306

    5beds
    4,675sqft
    Single Family Residence
    Built in 2020
    0.62 Acres Lot
    $1,778,700 Zestimate®
    $380/sqft
    $5,147 Estimated rent

    Home value

    $1,778,700

    Estimated sales range

    Not available

    $5,147/mo

    Zestimate® history
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    What's special

    Second living spaceCovered patioFloor-to-ceiling windowsLuxurious primary ensuiteSpacious floor plan
    Back on the market not fault of the property. Modern farmhouse meets lake house with panoramic windows and views in the upscale Swift Island Plantation neighborhood on Lake Tillery. Expansive interior spaces transition into numerous outdoor living areas including a huge covered porch and patio, topped off by an in-ground swimming pool and a gentle walk to the boathouse. This lake property is located in a large quiet cove tucked back off the main channel boat traffic. Professional decorating and high end finishing touches make this home a must see. 774 sq. ft. three car garage with a large bonus room provides ample spaces for vehicles and flexible uses. HOA is $925 annually with a one time capital fee of $1,850 and $50 transfer fee. Gas logs have not been used and propane tank has not been set.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Patterson robert@thelakeladyteam.com,

    Lake Tillery Properties LLC

    Bought with:

    Shannon Goodson

    Howard Hanna Allen Tate Southland Homes + Realty LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4161733MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom s
    • Level: Basement
    Bedroom s
    • Level: Basement
    Bathroom full
    • Level: Main
    Bathroom half
    • Level: Main
    Bathroom full
    • Level: Upper
    Bathroom full
    • Level: Basement
    Bathroom full
    • Level: Basement
    Other
    • Level: Basement
    Bar entertainment
    • Level: Basement
    Other
    • Level: Main
    Other
    • Level: Upper
    Dining room
    • Level: Main
    Family room
    • Level: Basement
    Great room
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Utility room
    • Level: Basement
    Heating
    • Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Double Oven, Electric Cooktop, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator
    • Laundry: Laundry Room, Main Level
    Features
    • Open Floorplan, Storage, Walk-In Closet(s), Wet Bar
    • Flooring: Concrete, Wood
    • Windows: Insulated Windows
    • Basement: Full
    • Fireplace features: Great Room, Propane
    Interior area
    • Total structure area: 2,780
    • Total interior livable area: 4,675 sqft
    • Finished area above ground: 2,780
    • Finished area below ground: 1,895

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Attached Garage, Garage on Main Level
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: 1 Story/F.R.O.G.
    • Patio & porch: Covered, Deck, Rear Porch, Screened
    • Exterior features: In-Ground Irrigation
    • Pool features: In Ground
    • Has view: Yes
    • View description: Long Range, Water, Year Round
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Boat Lift, Pier, Waterfront
    • Body of water: Lake Tillery
    Lot
    • Size: 0.62 Acres
    • Dimensions: irregular 318 by 137
    Details
    • Additional structures: Boat House
    • Parcel number: 657507680360
    • Zoning: SFR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: County Sewer
    • Water: County Water
    • Utilities for property: Cable Available, Underground Power Lines, Underground Utilities

    Community & HOA

    Community
    • Features: Gated, Golf, Lake Access
    • Subdivision: Swift Island Plantation
    HOA
    • Has HOA: Yes
    • HOA fee: $925 annually
    • HOA name: Community Association Services, Inc.
    • HOA phone: 910-295-3791
    Location
    • Region: Mount Gilead

    Financial & listing details

    • Price per square foot: $380/sqft
    • Tax assessed value: $839,945
    • Annual tax amount: $11,003
    • Date on market: 7/24/2024
    • Cumulative days on market: 128 days
    • Listing terms: Cash,Conventional,Exchange
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    5/15/2025Sold$1,775,000-1.3%$380/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    5/10/2025Pending sale$1,799,000$385/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    4/11/2025Price change$1,799,000-2.8%$385/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    2/25/2025Listed for sale$1,850,000$396/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    2/4/2025Listing removed$1,850,000$396/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    10/14/2024Pending sale$1,850,000$396/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    9/12/2024Listed for sale$1,850,000-5.1%$396/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    8/21/2024Listing removed$1,950,000$417/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    7/24/2024Listed for sale$1,950,000-1.3%$417/sqft
    Source: Canopy MLS as distributed by MLS GRID #4161733 Report a problem
    6/20/2024Listing removed$1,975,000$422/sqft
    Source: Canopy MLS as distributed by MLS GRID #4121918 Report a problem
    6/12/2024Price change$1,975,000-9.2%$422/sqft
    Source: Canopy MLS as distributed by MLS GRID #4121918 Report a problem
    5/15/2024Price change$2,175,000-4.4%$465/sqft
    Source: Canopy MLS as distributed by MLS GRID #4121918 Report a problem
    3/23/2024Listed for sale$2,274,999$487/sqft
    Source: Canopy MLS as distributed by MLS GRID #4121918 Report a problem
    2/21/2024Listing removed--
    Source: Canopy MLS as distributed by MLS GRID #4072529 Report a problem
    1/7/2024Price change$2,274,999-4.2%$487/sqft
    Source: Canopy MLS as distributed by MLS GRID #4072529 Report a problem
    10/17/2023Price change$2,374,999-4.8%$508/sqft
    Source: Canopy MLS as distributed by MLS GRID #4072529 Report a problem
    10/2/2023Listed for sale$2,495,000+12%$534/sqft
    Source: Canopy MLS as distributed by MLS GRID #4072529 Report a problem
    8/20/2022Sold$2,227,000$476/sqft
    Source: Canopy MLS as distributed by MLS GRID #3876192 Report a problem
    7/18/2022Pending sale$2,227,000$476/sqft
    Source: Canopy MLS as distributed by MLS GRID #3876192 Report a problem
    6/29/2022Listed for sale$2,227,000+1435.9%$476/sqft
    Source: Canopy MLS as distributed by MLS GRID #3876192 Report a problem
    9/19/2019Sold$145,000-8.7%$31/sqft
    Source: Public Record Report a problem
    5/21/2019Listing removed$158,900$34/sqft
    Source: RE/MAX Properties #3382713 Report a problem
    4/12/2019Price change$158,900-0.6%$34/sqft
    Source: RE/MAX Properties #3382713 Report a problem
    3/21/2019Listed for sale$159,900-5.7%$34/sqft
    Source: RE/MAX Properties #3382713 Report a problem
    9/4/2008Sold$169,500$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,003 +100%$839,945
    2024$5,502 $839,945
    2023$5,502 $839,945
    2022$5,502 +4.2%$839,945 +4.2%
    2021$5,282 +470.4%$806,371 +470.4%
    2020$926 $141,360 -18.6%
    2019-- $173,600
    2018-- $173,600
    2017$1,059 $173,600
    2016$1,059 $173,600
    2015$1,059 $173,600
    2014$1,059 $173,600
    Find assessor info on the county website

    Neighborhood: 27306

    Nearby schools

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