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Waterfront Homesite with Dock Potential

Lot # 11 Water Oak Way Mount Gilead, NC 27306

Lot # 11 Water Oak Way, Mount Gilead, NC, 27306
$265,000
For Sale
$265,000

Over 1.34 acres with more than 190 feet of shoreline, plus a second parcel with additional shoreline, within a gated community.

Lot Size1.34 Acres
Days on Market737

Property Features for Lot # 11 Water Oak Way

General Information

Standard status
Active
Lot size
1.34 Acres
Property subtype
Land
Listing agency McRae Properties
Listed by Mark McRae · License #208169
Source Exprealty
Added: Jul 15, 2024 Updated: Jul 20 at 7:50PM Checked: Jul 20 at 7:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McRae Properties


Investment Insights

Based on property information with market context.

This waterfront land offering includes Lot 11 in the newly subdivided portion of Swift Island Plantation on Lake Tillery, totaling over 1.34 acres and featuring more than 190 feet of shoreline on the homesite lot. A second parcel also conveys with the property and includes over 400 feet of shoreline, described as a point looking out of the cove.

Swift Island Plantation is a gated community with an established HOA. The subdivision is serviced by county water and city sewer, and it includes underground utilities. Current Duke Energy guidelines indicate the property qualifies for a lease that would allow a boathouse and bulkhead; this is to be confirmed by the buyer with Duke Energy.

The property includes abundant hardwoods and is positioned for long, open water views, with the water depth described as favorable in the listing remarks.

Key Highlights

  • Lot 11 is over 1.34 acres with more than 190 ft of shoreline on Lake Tillery.
  • Includes a second parcel with over 400 ft of shoreline that is a point looking out of the cove.
  • Swift Island Plantation is a gated community with an established HOA.

Property Analytics

Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Real Estate Agency Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Waterfront Land - Over 1.34 acres with more than 190 feet of shoreline, plus a second parcel with additional shoreline, within a gated community.
Where is this waterfront land located?
The property is located at Lot # 11 Water Oak Way 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: Lot 11 is over 1.34 acres with more than 190 ft of shoreline on Lake Tillery.; Includes a second parcel with over 400 ft of shoreline that is a point looking out of the cove.; Swift Island Plantation is a gated community with an established HOA.
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