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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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123 Cove Point , Mount Gilead, NC 27306
$12,950,000
Est. Payment: $66,336.22/mo
5 Bed
7 Bath
8141 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

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. The 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. Outside, the main level flows through walls of glass to the expansive main-level deck, which includes a dining area, seated lounge area, and a covered porch with two motorized screen options: mesh screens for sun protection and clear vinyl screens for heat retention in the winter. The primary suite occupies its own wing on the upper level, with vaulted white oak ceilings, a suspended Gyrofocus gas fireplace, and a private deck overlooking the lake. Its ensuite bath is a retreat unto itself, with dual floating vanities, a cosmetic station, heated flooring that is customizable on each side, an oversized walk-in shower built for two, a freestanding concrete soaking tub, and dual private water closets. Across the upper-level catwalk, the dedicated closet wing offers her and his closets, each with high-end organizational systems, designer lighting, and centerpiece islands, alongside a powder room and a fully equipped laundry room with custom cabinetry, marble countertops, and a sink. The lower level opens to a resort-style living room centered around a 72" gas fireplace, plus a full bar area, a pool table, a game table, multiple storage rooms, and a drop zone for effortless organization. A bunk room, two additional guest bedrooms, and two guest baths round out the lower level. Through the drop zone off the kitchen, the three-car garage with epoxy flooring is paired with an upper-level bonus suite, a flexible space suited for an additional guest bedroom, home office, exercise studio, or media room, complete with its own wet bar and guest bath. Outdoor amenities elevate this property beyond compare. The lower-level covered patio extends the entertaining space outdoors with a lounge area and a full summer kitchen, featuring a pizza oven, a Big Green Egg, a Yoder smoker, and a zinc-top table with seating for ten, along with an outdoor shower for rinsing off after a day on the water. Stone patios, walkways, and a sweeping stone seat wall create gathering spaces across the grounds, set against synthetic turf and landscape lighting. Along the 411’ of private shoreline, a private boathouse offers its own lounge area, an enclosed storage space, and a boat lift, complete with a 2023 22' Barletta pontoon boat that conveys with the home, making lake access as effortless as the rest of the property. This Lake Tillery estate offers convenient access to nearby marinas and the Tillery Tradition Country Club, and sits roughly an hour and twenty minutes to both Uptown Charlotte and Charlotte Douglas International Airport, offering rare seclusion without sacrificing convenience.

Highlights

Listed by Liza Caminiti , 704-526-6695 Ivester Jackson Christie's , 704-817-9826. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.54

HOA Fee

1372.88 Annually

Year Built

2024

County

Montgomery

Neighborhood

The Landing

Listing ID

4408189

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:7
  • Full Bathrooms:4
  • 1/2 Bathrooms:3
Appliances:Bar Fridge, Convection Microwave, Convection Oven, Disposal, Double Oven, Dual Flush Toilets, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Exhaust Hood, Filtration System, Gas Oven, Gas Range, Plumbed For Ice Maker, Self Cleaning Oven, Washer, Washer/Dryer, Wine Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Ductless,Electric,Heat Pump,Humidity Control
Fireplaces:Family Room,Gas Vented,Great Room,Living Room,Primary Bedroom,Propane
Floor:Carpet,Tile,Vinyl,Wood
Above Ground Sq Ft:5711
Below Ground Sq Ft:2430
Basement:Exterior Entry,Finished,Interior Entry,Storage Space,Walk-Out Access
Other:
  • Additional:Attic Stairs Pulldown, Built-in Features, Drop Zone, Elevator, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Has Fireplace
Water:City,County Water

Exterior Features

Lot:Corner Lot,River Front,Views,Waterfront,Boat House,Boat Lift
Roof:Architectural Shingle,Metal,Wood Trusses
Others:
  • Additional:Fire Pit, In-Ground Irrigation, Outdoor Shower, Storage
Sewer:County Sewer
Parking Features:Driveway,Attached Garage,Garage Door Opener,Garage Faces Side
Principal Interest
$66,336
Taxes
$8,256
HOA
$1,373

Home Price

$12,950,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$2,590,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$66,336.22

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $66,336.22 $8,255.63 $1,372.88 $75,964.72
Yearly $796,034.59 $99,067.50 $16,474.56 $911,576.65
Total $23,881,037.60 $2,972,025.00 $494,236.80 $27,347,299.40

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Mount Gilead, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE 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.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-24T14:14:07.000Z

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