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338 Plantation Way, Mount Gilead, NC, 27306

4beds
4baths
3,626sqft
$1,295,000
$357price/sqft
$9,459/moest. monthly cost
$378,360/yrincome needed

About This Home

Exceptional Lake Tillery retreat designed for luxury full time, vacation, or multi-generational living in gated neighborhood. With 4 bedrooms and 4 full bathrooms, this thoughtfully crafted residence offers a private bedroom suite on both the main level and basement level, each with an en suite bath. Plus there is an additional bedroom and full bath on both levels—providing refined comfort and privacy throughout. Main level primary suite bathroom includes sauna along with garden tub and a tile shower. The split bedroom design enhances the home’s livability. An open-concept kitchen, living, and dining area creates an elegant setting for entertaining. An elevator provides effortless access to the lower level. Laundry rooms are conveniently located on both levels. The basement level features a wet bar and entertainment area, ideal for hosting or unwinding after a day on the lake. Outdoor living shines with a spacious back deck and covered patio below. Attached two car garage with a storage closet plus a separate lake side mechanical room offers additional storage or workshop flexibility. At the dock, there is ample room for hosting with the top level sun deck and shaded deck area below. This is a rare opportunity to enjoy a well-appointed, flexible floor plan perfectly suited for elevated lake living on Lake Tillery.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

2/10
Mount Gilead ElementaryGrades PK-56.4 mi
6/10
West MiddleGrades 6-88.4 mi
1/10
Montgomery Learning AcademyGrades 6-1212.0 mi

Construction

Condition

  • Year built: 2008

Materials

  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Dryer,Electric Cooktop,Ice Maker,Microwave,Propane Water Heater,Refrigerator,Tankless Water Heater,Washer,Washer/Dryer,Water Softener
  • Laundry features: In Basement,Inside,Laundry Room,Main Level,Multiple Locations

Bar Entertainment

  • Features: Open Floorplan,Wet Bar
  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Finished,Full,Interior Entry,Walk-Out Access

Bathroom Full

  • Features: Built-in Features
  • Level: Main

Bathroom Full

  • Level: Basement

Bathroom Full

  • Features: Built-in Features
  • Level: Basement

Bathroom Full

  • Features: Garden Tub,Sauna
  • Level: Main

Bedroom S

  • Features: Ceiling Fan(s),Split BR Plan
  • Level: Main

Bedroom S

  • Features: Ceiling Fan(s),En Suite Bathroom,Split BR Plan
  • Level: Basement

Bedroom S

  • Features: Ceiling Fan(s),Split BR Plan
  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Elevator,Soaking Tub,Kitchen Island,Open Floorplan,Pantry,Sauna,Storage,Walk-In Closet(s),Walk-In Pantry,Wet Bar
  • Door features: French Doors
  • Fireplace features: Gas Log,Great Room,Living Room,Propane
  • Finished area below ground: 1,710
  • Finished area above ground: 1,916

Great Room

  • Features: Elevator,Open Floorplan,Tray Ceiling(s)
  • Level: Main

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,916
  • Total interior livable area: 3,626 sqft

Kitchen

  • Features: Breakfast Bar,Kitchen Island,Open Floorplan,Walk-In Pantry
  • Level: Main

Laundry

  • Features: Built-in Features
  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Features: Ceiling Fan(s),Elevator,Open Floorplan
  • Level: Basement

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Split BR Plan,Walk-In Closet(s)
  • Level: Main

Property

Details

  • Parcel number: 657507672743
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio,Rear Porch
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Water,Winter,Year Round
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Boat Lift,Covered structure,Dock,Waterfront
  • Waterbody name: Lake Tillery

Lot

  • Lot size: 0.66 Acres
  • Features: Views
  • Lot size dimensions: appro x 164 ft of shoreline

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached Garage,Garage Faces Side,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tornado
Hurricane
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Montgomery 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 $6,548$78,576
Home Insurance *$1,059$12,708
Property Taxes $1,515$18,180
Electricity $337$4,052
Total$9,459$113,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$324,308/yr
40% on housing$283,770/yr
45% on housing$252,240/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -4.8%
-4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$357This listing

vs Other Active Listings

Avg $/sqft

ZIP 27306$111
Montgomery County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 27306
Montgomery County$193

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
2026-01-29Listed for sale$1,350,000
2022-03-02Sold$949,000
2022-01-16Contingent$949,000
2021-11-29Price change$949,000
2021-11-13Price change$969,000
2021-10-29Listed for sale$989,000
2019-03-14Sold$630,000
2018-11-01Listing removed$681,900
2018-09-04Price change$681,900
2018-06-09Price change$687,000
2018-03-19Listed for sale$697,500

For Sale by Agent

AgentMegan Hinson
BrokerageLake Tillery Properties LLC

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