For Sale $695,000
Welcome to your peaceful waterfront escape, perfectly tucked away in a quiet, deep-water cove on the highly sought-after Mount Gilead side of Lake Tillery! Situated in the desirable Fairway Shores community, this charming 3-bedroom, 2-bathroom residence offers 1,596 square feet of warm, inviting living space, thoughtfully maintained and updated for modern comfort. Lake living is effortless here: step outside to your private dock, featuring newly refreshed decking boards and a brand-new boat lift motor ready for your lake adventures. Inside, the main level welcomes you with a cozy propane fireplace, a well-appointed kitchen complete with a Bosch dishwasher, and back doors equipped with custom shades that lead out to tranquil outdoor views. The main level hosts two comfortable bedrooms, including a spacious primary retreat with dual closets, while the upper level features a third bedroom with its own private bath—plus a large bonus room that steps out to a private balcony boasting elevated, scenic views of the cove. Outside, the amenities continue with a 2-car carport, a dedicated tool shed, mature fruit trees, solar landscape lighting, and exceptional under-porch storage space. For ultimate peace of mind, the crawlspace has been inspected and features a clean visqueen vapor barrier alongside a dehumidifier, and Leafguard set up. Don't delay—lake properties in this cove setting at this price point do not stay on the market long! Schedule your private showing today and get ready to start living the lake life. Professional photos and official measurements to be completed the week of August 15th.
Dock - Floating
Open Floorplan
| List Price: | $695,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1063 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4411557 |
| Subdivision: | Fairway Shores |
| Style: | A-Frame, Cabin |
| Bathrooms: | 2 |
| Lot Description: | Waterfront |
| Year Built: | 1990 |
| Sewer Type: | Septic Installed |
| Elementary: | Mount Gilead |
| Middle: | West Middle |
| High: | Montgomery Central |
| Date | Event | Price | $/SQFT |
| 08-22-2026 | Listed | $695,000 | $654 |
| 11-13-2025 | Listed | $479,990 | $452 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Norwood Elementary School | 3 miles | KG-05 | 2 |
| East Albemarle Elementary School | 9 miles | KG-05 | 4 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 714 Springwood Drive, Mount Gilead NC | 0 mi | $695,000 | days | |
| 646 Springwood Drive, Mount Gilead NC | 0.2 mi | $625,000 | days | |
| 136 Lakeland Circle, Mount Gilead NC | 0.5 mi | $899,000 | days | |
| 1549 Lillys Bridge Road, Mount Gilead NC | 0.5 mi | $1,625,000 | days | |
| 689 Emerald Shores Road, Mount Gilead NC | 0.6 mi | $849,000 | days | |
| 10959 Willow Oak Road, Norwood NC | 1.3 mi | $1,179,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Keller Williams Ballantyne Area
714 Springwood Drive, Mount Gilead NC is a 1063 ft2 on a 0.400 acres lot. This is for $695,000. This has 3 bedrooms, 2 baths, and was built in 1990.
Based on information submitted to the MLS GRID as of 2026-08-22 06:27:49 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.