Homes/North Carolina/Mt Gilead/124 Tillery Ln #702
CompCasa Property Analysis · single_family

124 Tillery Ln #702

Montcrest Ranch — Upgraded 3BR/2BA Near Lake Tillery

Single-level semi-custom home with golf & lake lifestyle

3 beds2 baths1,847 sq ftBuilt 20260.252 acresnone listed — no attached garage indicated
CompCasa valuation analysis
Estimated market value
$400,000
Low $385,000 · Midpoint $400,000 · High $415,000
Confidence65%Sales comparison approach
CompCasa estimate$400,000Mar 12, 2026
$385,000$400,000 midpoint$415,000
Price / sq ft$216.54
Median sale price$260,000
Avg days on market40 days
Inventory4 months

Estimate anchored to the MLS list price of **$399,900** and AVM (~$399,094). Range reflects typical +/- 3-4% negotiation variance and new-construction premium in lakeside golf-course communities near Mt. Gilead.

About the property

Montcrest Ranch — Upgraded 3BR/2BA Near Lake Tillery

Step into the Montcrest Ranch, a thoughtfully designed semi-custom single-level home in Tillery Tradition. This new 3-bedroom, 2-bath residence (1,847 sqft) showcases elevated finishes you’ll notice the moment you enter: an extended quartz island anchors the open kitchen, complemented by a wall oven, stainless appliances, a canopy hood, and an upgraded tile backsplash. The kitchen flows directly to the great room, where raised beamed ceilings create an airy focal point that’s suited to both everyday living and entertaining.

The primary suite is a standout: a private sitting room provides flexible space for a home office or reading nook, while the ensuite delivers a tiled walk-in shower, garden tub, dual vanities, a private water closet, and a generous walk-in closet. Two additional bedrooms are well-proportioned and share a full bath. A dedicated laundry with a folding station adds everyday convenience. Outside, a covered lanai and rear patio extend living outdoors — ideal for morning coffee, evening dining, or watching nearby fairways and sunsets over the community landscape.

Set on roughly a quarter-acre within the Tillery Tradition lakeside golf community, this home is minutes from Lake Tillery recreation (boating and fishing), golf and clubhouse amenities (membership separate), parks, and local trails. The plan delivers low-maintenance single-level living with the quality and finishes that make it feel like a custom home without the wait. Whether you’re relocating for the lake lifestyle or seeking a turnkey home in a quiet community, this property blends practical design with leisure options.

Schedule your private tour today to see the Montcrest Ranch’s elevated finishes in person and learn more about optional golf access and community amenities. Builder/agent can discuss customization options and any exterior enhancements, including parking or storage solutions.

Property details

A 2026 ranch on 0.25 acres.

Building

Year built2026
ConstructionWood Frame

Site & utilities

Lot size0.252 acres
Garagenone listed — no attached garage indicated
Stories1
ConditionExcellent
BasementNone
FireplaceNo
Improvement notesSemi-custom new-construction Montcrest Ranch plan. Upgraded quartz island, wall oven, canopy hood, stainless appliances, raised beamed ceilings in great room, luxury primary suite with sitting room.
Lot area10,977 sq ft
TopographyLevel
ParkingDriveway|On Street
Parking spaces2
Parking notesListing data shows no garage. Likely driveway parking; builder may offer carport/garage option depending on final site plan.
AccessStandard residential road access from Tillery Lane; community streets.
WaterMunicipal (Likely)
SewerMunicipal Or Community Septic (Verify)
ElectricConnected (Utility Company TBD)
GasLikely Propane Or Natural Gas Available (Verify)
Location & nearby

Tillery Tradition / Lake Tillery area

Researched nearby locations

Lake Tillery (within 2 mi)
Tillery Golf Course (on-site / adjacent)

Location

124 Tillery Ln #702, Mt Gilead, NC 27306

View in Google Maps
Editorial neighborhood context

Tillery Tradition is a lakeside, low-density residential community adjacent to Lake Tillery and a local golf course. The neighborhood appeals to buyers who value outdoor recreation — boating, fishing, and golf — while retaining small-town convenience. Streets are primarily residential with a mix of new builds and established homes; local services are a short drive away in Albemarle or Troy.

Nearby access summary

Excellent access to on-site golf and nearby Lake Tillery for boating, fishing and waterfront recreation; local trails and parks provide additional outdoor options.

ElementaryMount Gilead Elementary (approx. rating 6/10)
Middle schoolEast Montgomery Middle (approx. rating 5/10)
High schoolWest Montgomery High (approx. rating 5/10)
School districtMontgomery County Schools
Market context

A factual market snapshot around 124 Tillery Ln #702.

Median sale price$260,000
Avg days on market40 days
Inventory4 months
1-year appreciation300.0%
5-year appreciation1200.0%
Editorial market perspective

This property sits in a niche market—rural lakeside and golf course communities near Mt. Gilead attract buyers seeking lifestyle amenities rather than immediate urban convenience. The broader Montgomery County market has shown steady but moderate appreciation (~3% year-over-year recently) and balanced inventory levels. New-construction homes with upgraded cabinetry, quartz counters, and open ranch layouts are commanding premiums versus older stock; the list price of $399,900 reflects that premium in this area. Expect a balanced to slightly seller-favorable dynamic for well-finished new homes with recreational access. Local buyers often come from nearby towns (Albemarle, Troy) or are seasonally driven to Lake Tillery; investors should verify short-term rental rules and HOA/covenant restrictions before pursuing rental strategies.

Zoning & land use

Planned single-family residential within the Tillery Tradition community; community covenants and architectural guidelines likely apply.

Zoning

DescriptionPlanned single-family residential within the Tillery Tradition community; community covenants and architectural guidelines likely apply.
JurisdictionMontgomery County
Current useResidential

Research-indicated uses

  • Single Family Detached Residential
  • Accessory Structures Subject To Covenants
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • List price: $399,900; AVM ~ $399,094
  • 3 beds / 2 baths / 1,847 sqft; lot ~10,977 sqft (0.25 ac)
  • No garage listed; driveway parking appears primary option
  • New construction — builder/spec home in Tillery Tradition community
  • Close proximity to Lake Tillery and on-site golf amenities
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • Open-concept great room with raised beamed ceilings
  • Designer kitchen with extended quartz island
  • Wall oven and canopy hood with stainless appliances
  • Primary suite with separate sitting room
  • Luxury ensuite: tiled walk-in shower + garden tub + dual vanities
  • Laundry room with folding station

Exterior & Lot

  • Lot: ~10,977 sqft (approx. 0.25 acres)
  • Covered lanai and rear patio
  • Community landscaping and fairway views nearby
  • No attached garage listed — driveway parking

Location & Neighborhood

  • Tillery Tradition lakeside golf community
  • Optional golf course access (membership fees apply)
  • Minutes to Lake Tillery for boating and fishing
  • Short drive to Albemarle and Troy for retail and services

Walkability & Recreation

  • Walkability Rating: 22/100
  • Easy access to trails, parks, golf and lake recreation
  • Quiet residential streets — car recommended for errands
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (scraped)View source
2
MLS listing (ID 4354440)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.