See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

589 Newport Dr, Mount Gilead, NC, 27306

3beds
3baths
2,058sqft
$378,100
$184price/sqft
$2,938/moest. monthly cost
$117,520/yrincome needed

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!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

2/10
Mount Gilead ElementaryGrades PK-58.3 mi
6/10
West MiddleGrades 6-86.6 mi
1/10

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Laundry Closet,Main Level

Bathroom Full

  • Features: Garden Tub,Walk-In Closet(s)
  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Breakfast

  • Level: Main

Dining Room

  • Level: Main

Features

  • Soaking Tub,Kitchen Island,Walk-In Closet(s)
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,058

Flex Space

  • Level: Upper

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Electric,Heat Pump

Interior Area

  • Total structure area: 2,058
  • Total interior livable area: 2,058 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Tray Ceiling(s),Walk-In Closet(s)
  • Level: Upper

Property

Details

  • Parcel number: 658714340039
  • Zoning: R-01
  • Special condition: Standard
  • Exclusions: all Blink Cameras and decorative wall mirrors (bathroom mirrors stay)

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Patio & porch: Covered,Deck,Front Porch,Rear Porch
  • Waterfront features: Boat Ramp – Community,Boat Slip – Community,Pier - Community
  • Waterbody name: Lake Tillery

Lot

  • Lot size: 0.34 Acres

Parking

  • Total spaces: 1
  • Parking features: Driveway,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hurricane
Ice Storm
Strong Wind
Tornado

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 $1,911$22,932
Home Insurance *$309$3,708
Property Taxes $518$6,216
Electricity $200$2,405
Total$2,938$35,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,731/yr
40% on housing$88,140/yr
45% on housing$78,346/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

$184This listing

vs Other Active Listings

Avg $/sqft

ZIP 27306$120
Montgomery County$140

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)

No zestimate history available

Price History

DateEventPrice
2026-04-17Price change$389,500
2026-02-11Price change$394,500
2026-01-19Listed for sale$395,000
2025-12-01Listing removed$395,000
2025-10-28Price change$395,000
2025-10-02Listed for sale$397,500
2021-06-24Sold$285,000
2021-05-17Contingent$297,500
2021-01-11Listed for sale$297,500
2020-09-30Listing removed$297,500
2020-09-01Price change$297,500
2020-08-27Listed for sale$279,500
2019-08-22Sold$5,000
2019-05-17Sold$10,000

For Sale by Agent

AgentMegan Hinson, Lake Tillery Properties LLC
BrokerageLake Tillery Properties LLC

Similar Homes