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$12,950,000

Listing Price

4beds

3baths

8,141sqft

23,522sqft lot

123 Cove Pt, Mount Gilead, NC 27306

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

1590.71

Price / sqft

2023

Year built

Home Details

Set on the point of a peninsula within a gated community, this custom-built modern estate is Lake Tillery's premier offering, a three-story masterpiece where every room frames picturesque lake views. Sold fully furnished with designer pieces and luxury finishes throughout, the home blends dramatic architectural details with resort-caliber outdoor living for a truly rare, move-in-ready waterfront property. A pivoting white oak front door opens beneath a foyer with a soaring 33' ceiling, setting the tone for the great room beyond, where floor-to-ceiling glass fills the home with natural light. A floating white oak staircase rises through all three levels, with an elevator also serving each floor. The kitchen is a study in craftsmanship, anchored by leathered quartzite countertops, a five-burner range with dual ovens, dual Miele dishwashers, a Sub-Zero refrigerator and separate freezer, and an oversized island with seating for five and hidden storage. A scullery extends the space with an additional prep sink, two Sub-Zero wine fridges, and custom cabinetry, keeping the primary kitchen pristine for entertaining.nThe great room centers around a three-sided glass fireplace with faux Venetian plaster reinforced by steel beams. Nearby, the living room offers a relaxed lounge space, which flows through a minibar area into the office, offering a quiet space to work from home.nOutside, the main level flows through walls of glass to the expansive main-level deck, which includes a dining

Interior Details

Square Feet
  • 8141

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 23522

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

-1

$-1

$226,800

$0

--%

$226,800

-1

$-1

$267,300

$0

--%

$267,300

-1

$-1

$267,300

$0

--%

$267,300

2013

$1,630

$267,300

$0

--%

$267,300

2013

$1,630

$267,300

$0

--%

$267,300

percent-home-icon

Average Home Price in 27306

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$12,950,000

4 Beds

3 Baths

8,141 Sqft

23,522 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
12,950,000
$
Down payment
2,590,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
77,700
$
HOA (Monthly)
0
$
PMI
0
$
$83,828
Your Payment
Total Monthly Payment:$83,828
Percent of Income:1437%
Affordable:No

Details for 123 COVE PT

Property Debt

Foreclosure Contact Details