$310,000
127 Possum Rd, Mount Gilead, NC 27306
Lake-access ranch in gated Woodrun on Tillery — 2 bed, 2 bath
2 Bed · 2 Bath · 1,330 Sq Ft
Single-level living with pool, trails and lake access.
2
Beds
2
Baths
1,330
Sq Ft
1983
Built
0.42 acres
Lot
Attached 2-car garage
Garage
About 127 Possum Rd
This tidy ranch at 127 Possum Rd sits inside the gated Woodrun on Tillery community and offers an easy, one-level layout designed for comfort and low-maintenance living. The open living area flows directly into the dining and kitchen, creating a practical entertaining zone while a family-style bonus room offers flexible use as a media room, guest den or home office. Two well-proportioned bedrooms and two full baths complete the interior footprint, all within 1,330 finished square feet.
Outdoor living is a stand-out: enjoy a private back deck and a tranquil backyard on a generous 0.42-acre lot — a rare combination of manageable yard space plus privacy. Residents of Woodrun benefit from community amenities that include a pool with lake views, scenic walking trails and tennis courts, and convenient lake access to Lake Tillery for boating and fishing. The home includes convenient features such as a 2-car attached garage and laundry area in the garage, central air with heat pump, and kitchen appliances (dishwasher, microwave, refrigerator, electric range/oven).
Practical and move-in ready, this home is a strong fit for downsizers, full-time residents who want easy single-level living, or weekend lake enthusiasts looking for a low-fuss retreat. The community's gated access and shared amenities add lifestyle value that typical rural properties don’t provide. Listed at $310,000, the price positions the home competitively for this sector of Montgomery County lake real estate.
Schedule a private showing to walk the home and experience the community amenities. Confirm HOA dues and rules with the listing agent and consider a septic inspection prior to closing.
Home Highlights
Property Features
Interior Features
- 1,330 sq ft single-level ranch floorplan
- 2 bedrooms, 2 full baths
- Open living / dining / kitchen layout
- Family-style bonus room (flex use: media/office)
- Appliances included: dishwasher, electric oven & range, microwave, refrigerator
- Laundry area located in the garage
- Central air with heat pump and ceiling fans
Exterior & Lot
- 0.42-acre lot (approx. 18,295 sq ft)
- Back deck overlooking tranquil backyard
- Attached 2-car garage plus driveway parking
- Located on interior subdivision roads in a gated community
- Septic system on site (buyer to verify condition)
Location & Neighborhood
- Woodrun on Tillery — gated lake community
- Community pool with lake views, walking trails and tennis courts
- Lake Tillery access for boating and fishing (resident access)
- Small-town Mount Gilead services within easy drive
- Approx. 45–60 minutes to larger regional employment centers (estimate)
Walkability & Recreation
- Walkability Rating: 30/100
- Community walking trails and pool
- Close to Lake Tillery for water recreation
- Quiet, low-traffic residential roads ideal for walking and biking
Neighborhood & Location
Woodrun on Tillery is a small, gated lakeside community clustered near Lake Tillery. The neighborhood attracts a mix of retirees, second-home owners and residents who value outdoor recreation — boating, fishing and walking trails are a daily amenity. Home styles are modest and oriented toward low-maintenance living; community amenities provide social and recreational opportunities without long drives to larger towns. The nearby town of Mount Gilead supplies essential services and small-town character.
Market Insights
Mount Gilead and Montgomery County represent a quieter, value-oriented segment of the broader Charlotte metro area. Median sale prices here tend to be below those in Charlotte proper, attracting buyers seeking more space, lower taxes and recreational lifestyle close to Lake Tillery. Inventory in small lake subdivisions is limited and demand is relatively stable — lake-access homes typically sell faster and can command a premium relative to inland stock. Expect steadier activity in spring and summer; current days-on-market trends locally are longer than urban centers, but properly priced and well-marketed lake homes see competitive interest. Given the community amenities at Woodrun, this property is well-positioned to attract retirees, second-home buyers and those seeking single-level lake living.
Nearby Schools
Mount Gilead Elementary
Elementary · 3-6 mi
Middle school (Montgomery County Schools assignment)
Middle · 6-12 mi
West Montgomery High School (or county-assigned high)
High · 6-15 mi
Walkability & Recreation
Strong access to Lake Tillery plus on-site community amenities (pool, trails, tennis) make this property high-scoring for outdoor recreation and water activities.
Investment Highlights
- Located in gated Woodrun on Tillery with community pool, trails, tennis and lake access.
- Single-level ranch — attractive to downsizers and buyers seeking single-floor living.
- Generous 0.42-acre lot with back deck and private backyard.
- Attached 2-car garage and laundry in garage—functional layout for everyday living.
- Listed competitively at $310,000 with a mid-point valuation near $315,000.
Key Findings
- 2 beds / 2 baths / 1,330 sq ft ranch built in 1983 (single story).
- Lot is approximately 0.42 acres (18,295 sq ft) within a gated HOA community (Woodrun).
- Community amenities include pool with lake views, walking trails and tennis courts; lake access to Lake Tillery available to residents.
- Utilities: county water, septic installed, HVAC via heat pump / central air.
- List price $310,000; Redfin AVM ~ $309,056; estimated realistic range $295k–$335k (confidence moderate).
Things to Consider
- Septic system requires inspection and may limit expansion options; buyers should obtain a septic report.
- HOA is mandatory — fee amount unknown from the provided data; confirm restrictions and costs.
- Age of home (built 1983) suggests likely cosmetic and mechanical updates may be beneficial to maximize resale value.
- Rural location — commuting times to major job centers will be longer than urban/suburban areas.
Opportunity Analysis
Buyers seeking low-maintenance lake-community living or a downsized primary residence will find immediate functional use and resale appeal. The property can be improved with minor updates (kitchen/cabinets/paint, modern fixtures) to achieve price appreciation and stronger buyer interest, particularly during spring/summer when demand for lake properties increases.
Potential Use Scenarios
- Pre-listing inspection focusing on septic and HVAC to reduce buyer uncertainty.
- Target marketing to retirees, second-home buyers, and Lake Tillery enthusiasts; schedule showings in favorable weather to showcase pool and lake amenities.
- Cosmetic staging and modest updates (paint, lighting, countertops) to push toward the higher end of valuation range.
Risk Factors
- Unknown HOA fee could affect affordability for some buyers.
- Mechanical replacement risk given home age (roof, HVAC lifespan unknown).
- Smaller local market size means liquidity is lower than urban cores.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$295K
Midpoint
$315K
High
$335K
$234/SF estimated price per square foot
Estimate anchored to current list price ($310,000) with a +/-5–8% range based on typical pricing for comparable single-level lake-community homes in Montgomery County and nearby Lake Tillery communities. No live comparable sales feed was available; adjustments made for size (1,330 sf), lot (0.42 ac), age (1983), and community amenities.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Rural/small-town population with modest growth. Market draws retirees, lake-home buyers and commuters willing to trade commute for lower prices and recreation access.
Nearby Points of Interest
- Lake Tillery (within 1-2 miles)
- Mount Gilead downtown (approx 5-7 miles)
Woodrun on Tillery provides on-site amenities: community pool with lake views, walking trails, tennis courts and gated access. Lake Tillery offers boating, fishing and seasonal recreation; nearby small-town services located in Mount Gilead and Troy.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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