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.
Lake-access ranch in gated Woodrun on Tillery — 2 bed, 2 bath
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.
A 1983 ranch on 0.42 acres.
Building
Site & utilities
Woodrun on Tillery (lake community)
Researched nearby locations
Location
127 Possum Rd, Mount Gilead, NC 27306
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.
Strong access to Lake Tillery plus on-site community amenities (pool, trails, tennis) make this property high-scoring for outdoor recreation and water activities.
A factual market snapshot around 127 Possum Rd.
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.
Likely single-family residential zoning consistent with a lake subdivision; Woodrun is a planned residential community with HOA covenants.
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Structures (Subject To HOA/Permit)
- Home Office Or Similar Limited Non Residential Uses
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
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).
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.