Property listing for 124 Tillery Ln #702, Mt Gilead, NC 27306
ActiveSingle Family Home

$399,900

124 Tillery Ln #702, Mt Gilead, NC 27306

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

3 Bed · 2 Bath · 1,847 Sq Ft

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

3

Beds

2

Baths

1,847

Sq Ft

2026

Built

0.25 acres

Lot

No attached garage listed — driveway parking

Garage

About 124 Tillery Ln #702

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.

Home Highlights

New construction Montcrest Ranch plan — 2026 buildUpgraded kitchen and luxury primary bathSingle-level living with flexible primary sitting roomCovered lanai and rear patio for outdoor enjoymentLocated in Tillery Tradition near Lake Tillery & golf

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Mount Gilead Elementary

Elementary · 1.5 mi

6/10 (approx.)

East Montgomery Middle

Middle · 10 mi

5/10 (approx.)

West Montgomery High

High · 1.5 mi

5/10 (approx.)

Walkability & Recreation

22
Walkability
80
Recreation

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

Investment Highlights

  • New construction (2026) — move-in ready Montcrest Ranch plan
  • Upgraded finishes: quartz island, wall oven, canopy hood, stainless appliances
  • Single-level living — 1,847 sqft with primary suite plus sitting room
  • Located in Tillery Tradition — access to Lake Tillery and golf amenities
  • Reasonable price-per-sf (~$217) for new build in lakeside community

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

Things to Consider

  • MLS does not list utilities specifics — confirm water/sewer/gas providers
  • No garage included — may be a negative for buyers requiring covered parking
  • School ratings and exact attendance zones should be verified with the district

Opportunity Analysis

Acquire a move-in ready, single-level semi-custom home in a lakeside golf community that commands a modest premium for new construction and lifestyle access. Ideal for owner-occupiers wanting maintenance-light living with recreational amenities.

Potential Use Scenarios

  • For buyers: negotiate around finishes allowance or request small seller credits for exterior storage/garage options.
  • For investors: consider short-term rental for lake-season months if local ordinances and HOA/covenants permit.
  • Verify membership fees and any neighborhood covenants prior to contract.

Risk Factors

  • Dependence on amenity access (golf membership separate fee) for value proposition
  • Rural location implies longer drives to major employment centers
  • Utility details and long-term HOA/maintenance obligations need confirmation

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$385K

Midpoint

$400K

High

$415K

$216.54/SF estimated price per square foot

65% confidence

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.

As of 2026-03-12

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$260,000
Avg Days on Market40 days
Inventory4 months
1-Year Appreciation+300.0%

Demographics

Population (1 mi)1,500
Median Income (1 mi)$52,000

Area has seen modest new-home activity tied to lakeside and golf course development; slower appreciation than larger NC metros but steady demand for lifestyle buyers.

Nearby Points of Interest

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

Property is in the Tillery Tradition lakeside golf community minutes from Lake Tillery. Nearby amenities include golf, boating, fishing, clubhouse, and rural parks. Albemarle and Troy provide retail and services within a 15–25 minute drive.

School District

DistrictMontgomery County Schools
ElementaryMount Gilead Elementary (approx. rating 6/10)
MiddleEast Montgomery Middle (approx. rating 5/10)
HighWest Montgomery High (approx. rating 5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2026
Constructionwood frame
Stories1
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size0.252 acres (10,977 SF)
Topographylevel
Parkingdriveway|on-street
Parking Spaces2

Utilities

Watermunicipal (likely)
Sewermunicipal or community septic (verify)
Electricconnected (utility company TBD)
Gaslikely propane or natural gas available (verify)

Zoning & Land Use

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

Allowed Uses

Single family detached residentialAccessory structures subject to covenants
Current Useresidential

Tax & Sale History

Tax Assessment

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