Lakefront Lot in Gated
For Sale
$265,000
Water Oak Way lot # 11, Mount Gilead, NC 27306
Land, Mount Gilead, NC
Property SizeContact for details
Lot Size1.34 Acres
Days on Market1333
Property Features for Water Oak Way lot # 11
General Information
Property type
Land
Property subtype
Other
Zoning
R-1
Zoning description
SFR
Rooms
Basement
Subdivision
Swift Island Plantation
Lot features
Waterfront, Wooded
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
6575-07-69-5332
Lot size
1.34 Acres
Taxes and HOA fees
Tax Description
TRACT 1 CAPEL
HOA Fee
$864 Annually
Legal Description
TRACT 1 CAPEL
Utilities
Sewer type
Public Sewer
Water front
1
Listing Agency:
McRae Properties · RE/MAX International
(910) 439-9600
Listed By:
Mark McRae · License #208169
(704) 985-3128
Added: Jan 12, 2023
Changed: Aug 27
Last Checked: Sep 6 at 9:06AM
MLS# 3934831
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property, identified as Lot 11, is part of the newly subdivided portion of Swift Island Plantation on Lake Tillery. The homesite lot spans over 1.34 acres and features more than 190 feet of shoreline. A second parcel is included with the property, offering over 400 feet of shoreline and a point overlooking the cove. The location provides views and significant water depth. The land features abundant hardwoods. The subdivision is serviced by county water and city sewer, along with underground utilities. Swift Island Plantation is a gated community with an established HOA. Current Duke Energy guidelines indicate that the property qualifies for a lease, potentially allowing for a boathouse and bulkhead, subject to confirmation by the buyer with Duke Energy.
Key Highlights
- 1.34+ acre homesite with 190+ feet of shoreline on Lake Tillery
- Additional parcel included with 400+ feet of shoreline on a point
- Qualifies for a boathouse and bulkhead lease (buyer to confirm with Duke Energy)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 27306, NC
6,399
Population
4,410
Households
1.5
Avg Household Size
51
Median Age
18%
College-Educated
83%
High-School Grad
184.7 sq mi
ZIP Area
35
Density / Sq Mi
$57,202
Median Household Income
$37,661
Median Earnings
$780
Median Rent
$148,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 1.34 acre lot with 190+ ft shoreline in gated community.
Where is this land located?
The property is located at Water Oak Way lot # 11 Mount Gilead, NC.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1.34+ acre homesite with 190+ feet of shoreline on Lake Tillery; Additional parcel included with 400+ feet of shoreline on a point; Qualifies for a boathouse and bulkhead lease (buyer to confirm with Duke Energy)
