A rare opportunity... income potential accompanies this stunning, fully furnished lakefront retreat w/ deep water & 2 waterfront lots!!!! Looking for a private escape or an income producing vacation rental? This property has it all! Step inside a stylish open concept floor plan – both modern & inviting. Large windows & vaulted ceilings let natural light pour in and frame the picturesque outdoor scenery. The great room flows into a beautiful kitchen featuring a large island & breakfast bar. This room opens up to a large deck & screened porch overlooking the water. The main floor primary suite is a peaceful retreat w/ views of the lake, private bath with enormous tiled shower, quartz countertops, & stained wood cabinetry. A guest bedroom & full tiled bathroom and shower are also located on the main level for added convenience. Downstairs, is a massive den w/ wet bar, a huge bonus room & bath! Outside, is a covered patio & 2-slip boathouse. This one of a kind home delivers on every level!
Closed
$1,275,000
264 Fairway Shores Rd, Mount Gilead, NC 27306
2beds
2,791sqft
Single Family Residence
Built in 2023
0.58 Acres Lot
$1,274,200 Zestimate®
$457/sqft
$3,254 Estimated rent
Home value
$1,274,200
$1.15M - $1.41M
$3,254/mo
Zestimate® history
Owner options
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$3,254/mo
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$7,591/mo
Est. payment
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$7,591/mo
Est. payment
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List your homeWhat's special
Natural lightHuge bonus roomBreakfast barLarge deckBeautiful kitchenVaulted ceilingsViews of the lake
Zillow last checked:
Listing updated:
Listed by:
Lynn Norman lynn@thelakeladyteam.com,
Lake Tillery Properties LLC
Bought with:
Cody Thomas
Loretta Realty Group
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4244988
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
- Level: Main
Bedroom s
- Features: Ceiling Fan(s)
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Basement
Bonus room
- Features: Ceiling Fan(s)
- Level: Basement
Den
- Features: Ceiling Fan(s), Wet Bar
- Level: Basement
Great room
- Features: Ceiling Fan(s), Vaulted Ceiling(s)
- Level: Main
Kitchen
- Features: Kitchen Island
- Level: Main
Laundry
- Level: Main
Heating
- Electric, Heat Pump
Cooling
- Electric, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Breakfast Bar, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar
- Flooring: Hardwood, Tile
- Doors: Insulated Door(s), Pocket Doors, Sliding Doors
- Windows: Insulated Windows, Window Treatments
- Basement: Daylight,Exterior Entry,Interior Entry,Partially Finished,Walk-Out Access
Interior area
- Total structure area: 1,641
- Total interior livable area: 2,791 sqft
- Finished area above ground: 1,641
- Finished area below ground: 1,150
Property
Parking
- Parking features: Driveway, Parking Space(s)
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Screened
- Fencing: Back Yard,Fenced,Partial
- Has view: Yes
- View description: Long Range, Water, Winter, Year Round
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Lift, Covered structure, Retaining Wall, Dock, Waterfront
- Body of water: Lake Tillery
Lot
- Size: 0.58 Acres
- Dimensions: 127' of waterfront
Details
- Additional structures: Boat House
- Additional parcels included: 657420918730, 657420919735
- Parcel number: 657420918772
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Permanent
Condition
- New construction: No
- Year built: 2023
Details
- Builder name: Cohen Construction
Utilities & green energy
- Sewer: Septic Installed
- Water: County Water
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Security System
- Subdivision: Fairway Shores
HOA
- Has HOA: Yes
- HOA fee: $75 annually
Location
- Region: Mount Gilead
Financial & listing details
- Price per square foot: $457/sqft
- Tax assessed value: $645,474
- Annual tax amount: $7,939
- Date on market: 4/25/2025
- Cumulative days on market: 20 days
- Listing terms: Cash,Conventional,Exchange,VA Loan
- Road surface type: Concrete, Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2025 | Sold | $1,275,000-3.1%$457/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4244988 Report a problem | ||
| 4/25/2025 | Listed for sale | $1,316,000$472/sqft |
Source: Canopy MLS as distributed by MLS GRID #4244988 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,939 +100% | $645,474 |
| 2024 | $3,970 +288.8% | $645,474 +288.8% |
| 2023 | $1,021 -30.4% | $166,018 -30.4% |
| 2022 | $1,468 +2.2% | $238,618 +2.2% |
| 2021 | $1,436 | $233,523 |
| 2020 | $1,436 | $233,523 +18.4% |
| 2019 | -- | $197,200 |
| 2018 | -- | $197,200 |
| 2017 | $1,125 | $197,200 |
| 2016 | $1,125 | $197,200 |
| 2015 | $1,125 | $197,200 +0% |
| 2014 | $1,125 | $197,174 |
Find assessor info on the county website
Neighborhood: 27306
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Nearby schools
GreatSchools rating
- 2/10Mount Gilead ElementaryGrades: PK-5Distance: 4.1 mi
- 6/10West MiddleGrades: 6-8Distance: 9.3 mi
- 7/10Montgomery Learning AcademyGrades: 6-12Distance: 13.1 mi
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- North Carolina
- Montgomery County
- Mount Gilead
- 27306
- 264 Fairway Shores Rd
